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Articles and Tips November, 2009

Should You Pay Off Your Mortgage Early?

I often find myself in long conversations with my borrowers over the best way to pay off mortgages early.  Do I recommend the “Bi-Weekly Payment” plan, the “Extra Payment Each Year” plan, or the “Pay A Little Extra Each Month” plan?  Since it is assumed that paying off a mortgage early is a smart financial strategy, people are often surprised when I don’t have a favorite strategy to recommend.  When I get this question, I try ...

Variable Rate vs. Fixed Rate

Choosing a Variable Rate is like Ordering a Pizza “Should I pick an adjustable rate mortgage, like a 3/1 or 5/1 ARM, or go with a 30 year Fixed Rate?”  How many times has a buyer or borrower asked you that question?  How do you help them choose in a way that makes sense to them? I’ve found that “Pizza” is the best illustration to use to help them understand this question.  If I give this ...


Latest Articles

Should You Pay Off Your Mortgage Early?
I often find myself in long conversations with my borrowers over the best way to pay off mortgages early.  Do I recommend the “Bi-Weekly Payment” ...

Variable Rate vs. Fixed Rate
Choosing a Variable Rate is like Ordering a Pizza “Should I pick an adjustable rate mortgage, like a 3/1 or 5/1 ARM, or go with ...

Washington Women Veterans Summit 2009
"Top 10 Ways to Get Out of Debt and Build Wealth" is the title of my workshop at the Women Veterans Summit this year.  I’m ...

Know your Statutes of Limitations
“Can you just make a small payment as a show of good faith?”  Have you been called by a collection agency trying to collect on ...

Sell Furniture Like A Gypsy
You can sell furniture door to door and make a lot of money fast.  How do I know that?  I’ve seen it in action. I’m not ...

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