There are a lot of misconceptions about home refinancing, how it works, and when it is a good idea. Luckily, there are great resources out there to teach you about these things, such as this helpful frequently-asked-questions article that provides you with some of the most-asked questions and their answers. Why do people refinance their homes? A common question by those unfamiliar with home refinancing is why people do it. Each homeowner will have their own reason for deciding to refinance their homes. [Read More]
Buying Your First Home? Understanding Conforming And Non-Conforming Mortgage Loans
If you are buying your first home and are confused about the difference between conforming and non-conforming mortgage loans, then here's everything you need to know: "Who" are Fannie Mae and Freddy Mac? To understand mortgage loans, you first need to understand "who" Fannie Mae and Freddy Mac are. While they sound like people, Freddy Mac and Fannie Mae are actually the name of two government-sponsored enterprises (GSEs) who purchase qualified mortgage loans from banks. [Read More]
Watch Out And Don't Fall Prey To These Bail Scams
You want to do everything possible to help a loved one in need, no matter what. If your loved one has been arrested, you may immediately make plans to have them released. Doing so usually involves arranging for bail, but you must use care not to get taken by bail scams. Read on to learn about some common scams perpetrated by those eager to take advantage of helpful relatives during stressful times. [Read More]
How Can You Present Collateral To A Bail Bonds Company?
When charged with a serious crime, you could be looking at an extended stay in the county jail until your hearing. A bail bondsman can secure your release even with a high bail amount. Once free from lockup, you can resume most of your normal activities and prepare for trial. With high bail amounts, however, the bondsman would likely require collateral. If you lack assets, take steps to seek a co-signer who meets the bond company's requirements. [Read More]