26 Jun
Posted by Braxton Haines as First Time Buyers, Home Loans
When applying for a home loan, you’ll often need to get a credit report so that your lender will be able to give you an idea of the amount of the loan that you will be able to secure. After all, you don’t want to spend 2 weeks looking at $500,000 houses and later come [...]
25 Jun
Posted by Braxton Haines as Own or Rent?
Over the past few months as housing prices have continued fall, so it has opened up opportunities for many people who would previously not have been able to afford a house. The only problem is that for those of us who currently own a house, not only will we have a hard time selling, but [...]
22 Jun
Posted by Braxton Haines as Loan Acceleration
I just read a great article on eHow that basically gives each step in paying off your mortgage in combination with a HELOC. I believe the article gives a general outline of how a money merge account (MMA) would work should you choose to purchase the software. As outlined in the article, there are only [...]
18 Jun
Posted by Braxton Haines as Loan Acceleration, My Mortgage
I just checked my account status at Wells Fargo and I saw that my payment was applied on Monday, June 16th. Not bad, considering that my check was sent on Thursday, June 12th. Pretty quick turn around. And the best part is that the $2,500 is still in my checking account as of 12am on [...]
18 Jun
Posted by Braxton Haines as Loan Acceleration, Software
What is a Money Merge Account? There are many options out there for money merge accounts, but one of the primary ones that I found was by a company called UFF. Basically, they explain the money merge account as a means to paying off your mortgage in 1/2 to 1/3 of the time that it [...]
14 Jun
Posted by Braxton Haines as Budgeting, Personal Finance
I just found Mint while browsing the web the other night, and it looked very interesting. Mint offers all of your account information in one place (assuming they support your bank/credit card/investment firm/etc). At first, I was a little bit skeptical, did I want to turn all of my financial information over to them? After [...]
11 Jun
Posted by Braxton Haines as Loan Acceleration
When I started this blog, my primary goal was to start not only start paying down my mortgage faster through accelerating my payments to principal, but I also wanted to provide my readers a platform to share their questions, concerns, past experiences or better options that they might have. One common question that has been [...]
10 Jun
Posted by Braxton Haines as Loan Acceleration, My Mortgage
So I just wrote the check for my first extra principal payment. We’re halfway through 2008 and my goal is to apply an additional principal payment with each of my remaining mortgage payments through the remainder of 2008. Ideally, I’d like to send in at least double the amount of principal that is being paid [...]
05 Jun
Posted by Braxton Haines as Loan Acceleration, My Mortgage
I’ve set the date for my first additional principal payment on my mortgage for June 15th. Since my first extra principal payment will be getting funded by my tax refund (which I have already received) I don’t see a problem in sending the payment in on June 15th - I just want to make sure [...]
Well, it looks like its not just average Joes that have to worry about foreclosure. Johnny Carson’s former sidekick Ed McMahon is currently struggling to fight foreclosure on his hilltop estate.
Ed McMahon, who for decades appeared as Johnny Carson’s sidekick on “The Tonight Show,†is fighting to avoid foreclosure on his multimillion-dollar Beverly Hills home, [...]