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Lending / Financial

Buying real estate is even more challenging for those of us whose eyes glaze over at the mere mention of decimals, percentages or anything else that even hints of mathematics.


The financial aspect of purchasing the largest investment of your lifetime, though, is the most important. Nobody wants to lose money. Nobody wants to leave money on the table.


If you're in the market for information on mortgages, credit scores and interest rates, you've come to the right place. The financial and mortgage pros here at ActiveRain even tell you how to shop for and compare lenders, how to raise your credit score, how to get a mortgage after a short sale or foreclosure and how to get pre-approved for a mortgage loan. Even Mom and Dad can't give the great advice you'll find here at ActiveRain.


Plan to spend some time here because ActiveRain's content library is massive. Lucky for you we've arranged it so that it's über user-friendly. You'll be amazed at how easy it is to put your finger on just the information you're looking for without having to surf a million other pages.

Recent blogs on Lending / Financial
By Stieg Strand, showing up. working hard. every day.
(RE/MAX Results)
This is the 2nd of 6 part in this series topic. I think it is important to put all things into perspective.  Since March 15th, and even before with all the speculating, it has made or at least suggested that Realtor's are incompetent, crooked, or simply greedy. There is always room in every industry for policing, and I am a big fan of that, and have been directly involved in Real Estate Ethics, Fair Housing, Representation, and the like for 18 of my currently 28 year career in real estate. I also think it is important to shed the light on a number of these Media Spins. The media has stated that the settlement prohibits sellers from paying a commission to a buyer’s broker and relieves sellers of the financial burden.That is False.One of the new requirements is that any offer of buyer bro...
Comments 8
By Bob Elliot, 30+ Yrs Industry Experience
(eXp Realty)
At Wednesday's meeting, the Federal Open Market Committee (FOMC) is widely expected to maintain the current federal funds rate target range of 5.25% to 5.50%. This decision comes amidst conflicting economic signals. Tailing that, there is the Chicago PMI, Non-farm Payrolls, and the full release of the Consumer Confidence report. All of these are expected to match current economic conditions.The prior week's GDP numbers also factor into the equation, informing that economic growth has slowed this year compared to the previous year for Quarter 1. The PCE Index, the Federal Reserve’s preferred choice of inflation indicators, has shown inflation is within expectations but the whole picture is clear.PCI IndexPrices in the U.S. jumped again in March based on the Federal Reserve’s preferred PC...
Comments 3
By Stieg Strand, showing up. working hard. every day.
(RE/MAX Results)
I think it is important to put things into perspective.  Since March 15th, and even before with all the speculating, it has made Realtor's look either incompetent, crooked, or simply greedy and lazy. There is always room in every industry for policing, and I am a big fan of that, and have been directly involved in Real Estate Ethics, Fair Housing, Representation, and the like for the majority of my 28 year career. I think it is important to shed the light on a number of these Media Spins. This is the first installment of a series that will most likely be 6 different posts. I would do them all at once, but.... Attention spans can be a tough thing to manage. Feel free to share this if you like. MYTH 1: The media has stated that the settlement will, for the first time, allow sellers to no ...
Comments 2
By Eric L. Green, Your IRS Tax Litigator
(Tax Rep LLC)
It happens all the time - I literally just woke up to it again.  A Press Release from the Department of Justice Tax Division:Maryland Payroll Company Owner Pleads Guilty to Employment Tax Crimes and Embezzling from Employees’ 401(k) PlansSo what happens when a payroll company steals the payroll tax dollars meant for the government?  The employer still owes those payroll tax dollars to the IRS.  The fact that it was stolen by a third party does not relieve the employer of the payroll tax liability.True, we may be able to get penalty abatement due to the bad actor, but the taxes and interest will still be owed to the IRS.This is why I recommend using one of the big national payroll tax companies.  They are all publicly held behemoths that have more than enough resources to correct for any...
Comments 3
By Bob Elliot, 30+ Yrs Industry Experience
(eXp Realty)
Divorce or separation is a challenging time, and amidst the emotional and logistical complexities, handling mortgage issues can add another layer of stress. For many couples, their home represents not just a financial investment but a symbol of stability and security. However, when relationships break down, decisions about homeownership become crucial. Here is some guidance on how to navigate mortgages during a divorce or separation.Communication is Key: Open and honest communication between partners is crucial when it comes to mortgage matters. Discuss your options openly and try to reach a consensus on what to do with the family home. Whether it's selling the house, buying out one partner's share, or continuing joint ownership for a period, clarity is essential.Understand Your Mortgag...
Comments 3
By Kevin A. Guttman-Author, ReverseMortgageSpecialist, 877-251-9709
(NMLS #384936)
You’ve probably seen the headlines about inflation and how it is increasing the price we pay for everyday items like gasoline, food, and healthcare. But have you considered the impact inflation is having on your retirement savings? Social Security uses inflation as a benchmark to determine the cost-of-living adjustments it makes to monthly payouts, so beneficiaries can keep pace with inflation. This protects you from the negative effects of inflation over time. But the other elements of your retirement savings plan, such as 401K’s and most non-government pension plans, are not adjusted for inflation. That means the actual purchasing power of your retirement savings is being eroded over time… and you’ll need more money to accomplish your original goals.Your Certified Reverse Mortgage Pro...
Comments 4