Eli Magen's (doctormortgage) Blog

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Mortgage and Lending - New World Mortgages,(Mortgage Company)

ARCHIVED BLOG POSTS

2006 

4 Comments
Foreclosures numbers are breaking records all over the nation. Too many borrowers that stretched out their financial abilities when they took their loans, now having major troubles making their payment on time, or at all. They may have difficulties because of other reasons, as sudden unemployment...
10/30/2006
Good morning America.Yesterday we've experienced an hardware failure that caused this excellent site to "rest" all day long... guess what? I found out that I have major symptoms of an Active Rain addiction... I found myself checking the net throughout the day, I would estimate about 40 times, if ...
10/30/2006
Homeowners who Signed up with Option Arms loans thinking of extra-low monthly payments or 1% interest are about to face a new reality: mortgage payments that could more than double. This 'surprise' could kick in early next year for those who took out these loans three years ago.The worst part is:...
10/27/2006
0 Comments
I would like to share with my respectful readers some of the aggressive products and services I offer.By working together with some of the best and most successful lenders in the mortgage industry, I am able to offer my clients and my realtors clients some exciting new programs,Here are a few of ...
10/27/2006
Two Great CommunitiesThe newest Resort Rental communities offer 994 luxurious condominiums and townhomes in Orlando's newest master planned development, Universal Studios neighborhood. These two great communities offer ten distinctive home designs, each well appointed with luxury features.* World...
10/25/2006
2 Comments
The Real Estate market is flat. Thats correct, it is on a relax mode. So, what is going on with so many people talking like we are in a middle of a crisis? They are repeating whatever they heard in the media. Most of those reporters don't even know what they are talking about, they have no clue i...
10/24/2006
2 Comments
Reverse Mortgage is a loan that lets homeowners age 62 and older to take money out of their home and never have to pay it or move out. Basically, you take the equity out and increase your home debt. The bank does not collect the principal and interest until you or your heirs sell.The amount you c...
10/23/2006
4 Comments
What type of properties QUALIFY for a 1031 Exchange?  Section 1031 of the Internal Revenue Code allows you to roll the gain from the sale of your old property over to your new property without paying taxes. To qualify for this great benefit, both the old property and the new property have to be p...
10/22/2006
GREAT OPPORTUNITIES FOR FOREIGN NATIONAL INVESTORS Mortgage Trust Lending Group, specializes with variety of loan products created to assist foreign investors, especially the fast growing British Investments in the Orlando area and the potential U.K. investors looking for the great real estate op...
10/20/2006
U.S. Immigration & VisasForeign Investors in U.S. Real Estate are often concerned about U.S. Immigration and Visa Laws. Clearly, their residency status is also relevant to their tax situation. U.S. immigration Laws are under constant change. You should consult a qualified attorney to help underst...
10/20/2006
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