Mortgage insurance (also known as mortgage guaranty) is an insurance policy which compensates lenders or investors for losses due to the default of a mortgage loan. Mortgage insurance can be either public or private depending upon the insurer. The policy is also known as a mortgage indemnity guarantee (MIG), particularly in the UK. Continue Reading >>
Land Investment can be a profitable business if proper development of land is undertaken. Land investment is referred to as a long term investment and with land prices on the rise in many parts of the world, it is said to be the safest and smartest way of investing ones money. Continue Reading >>
A Reverse Mortgage is a loan that enables homeowners 62 or older to borrow against the equity in their home without having to sell their home, give up title, or take on a new monthly mortgage payment. The loan proceeds can be used for any purpose, or taken out as a lump sum payment, fixed monthly payment, line of credit, or a combination. Continue Reading >>
Leverage is a way to acquire real estate that is worth more than the asset or equity of the investor to increase wealth. The investor usually leverages his asset or equity through a mortgage. The return on investment of real estate significantly increases the wealth of the investor. Continue Reading >>