Posted by NewBuyer on November 28, 2009 | No Comments
A comprehensive look at how much auto insurance you need. Included is a list in chart form of each state’s liability limits and whether or not uninsured/underinsured motorist coverage is required by your state. Learn how much bodily injury liability is required based on your personal situation. See if your car warrants purchasing collision and comprehensive coverage.
Source: Edmunds
Read More About Choosing Auto Insurance at Newbuyer.com
Posted by Elizabeth Dennis on November 28, 2009 | 5 Comments
Are you considering a reverse mortgage? The internet has much of the information you need to help you through the reverse mortgage process. Here we will highlight five comprehensive websites for you to gather the facts and put your reverse mortgage plan into action.
AARP
The America Association for Retired Persons provides a wealth of information and resources for people over the age of 50. AARP’s website contains an entire section devoted to reverse mortgages. The site also provides a downloadable booklet covering the basics of reverse mortgages and the different mortgage types available. The booklet is written simple language with supporting graphics and charts. AARP also provides links to reverse mortgage counselors, originators, lawyers, financing planners and other reverse mortgage professionals.  AARP Website.
Fannie Mae
Fannie Mae, although originally established as a government agency, is a shareholder-owned company which provides affordable housing to Americans in accordance with a congressional charter focusing on providing financial services to low and middle income home buyers. Fannie Mae itself does not lend money but insures reverse mortgages and works closely with lenders to provide reverse mortgage loans. Fannie Mae provides two types of reverse mortgages: the Home Keeper Loan and the Home Keeper for Purchase Loan. Fannie Mae Website.
Financial Freedom
Financial Freedom is a private agency specializing in reverse mortgages. Unlike government-backed programs, Financial Freedom offers loans for those who have high-value homes. The company participated in the development of the reverse mortgage concept during the 1980’s and is still one of the most trusted companies for a reverse mortgage Financial Freedom Website.
HUD
The U.S. Department of Housing and Urban Development offers the popular reverse mortgage called HEC (Home Equity Conversion Mortgage). The HUD website provides lists of government agencies that assist seniors with housing, a mortgage calculator and links to HUD-approved counselors and lenders. HUD Website.
NRMLA
The National Reverse Mortgage Lending Association is a group of reverse mortgage lenders and related professionals, who together provide educational resources, take on the roll of policy advocates and act as a public affairs center. NRMLA was established in 1997 to enhance the professionalism of the reverse mortgage business. Their website provides downloadable consumer guides; a reverse mortgage calculator; links to reverse mortgage news items and developments; and more. NRMLA Website.
Posted by NewBuyer on November 28, 2009 | No Comments
A practical approach to working (dealing) with new car dealers containing unique insight such as: how to find a “nice” salesperson when you walk into the dealership, choosing a dealership with as much attention as you choose your new car, and a complete list of 77 dealer slang terms.
From the resource: “I’ll show you how to deal with new and used car dealers. Most dealers are honest, hard-working people that you have no reason to be afraid of, but preparation is key. I strongly recommend that you separate research, test driving, and negotiations. Don’t give in to the salesperson’s pressure to sell you a vehicle today. Leave your cash, checkbook, credit cards, and signature at home if you are prone to impulse buying. Remember, the purpose of this trip is for vehicle evaluation.”
Source: SafeCarGuide.com
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