How to Handle Hazard Insurance Claims - A Guide for Mortgage Servicers When Mortgage Servicers Handle Hazard Insurance Claims In-House: Some Considerations for Best Practices by Ronald R. Reitz CPPA There are many processes a mortgage servicer should keep an eye on relative to their hazard insurance claims responsibilities. Here are four to consider: 1) Damage Identification: Are you properly identifying insurable damage?...more
You'll do well to listen seriously to this wealth building secret. Ignore it at your own peril!This Is The One Wealth Building Secret You Must Learn By: Jenny Mendez About the Author Im a senior editor at Audubon magazine where I listens for the rumblings of the newest environmental trends and covers subjects from politics to tourism and I also the magazine's Green Guru, advising readers on everything from how to deice their...more
Wealth Building - Other People's Money (OPM): What the Rich and Wealthy Have Known for Years Getting rich isn't all about hard work. In fact hard work has got little to do with getting rich. It's not that I don't advocate hard work, I do. I love working hard but I especially like to see myself and others working smart. I know that getting rich and achieving success is not exclusively the domain of blood, sweat and tears. I've seen friends, work colleagues and family work themselves to the bone for little or no reward. The Cult of Hard Work, Self-Sacrifice and The Golden GooseThere is a cult of self-sacrifice evident in our culture that warrants you to be extra busy, working super hard, and putting in crazy hours. When it comes to personal wealth building and attaining success, you're the golden goose. However, you can only push the golden goose so hard before he/she stops laying those golden eggs. Without exception every golden goose will eventually run out of energy, capacity or enthusiasm. Therefore, learning how to utilise Other Peoples Time, Money and Skills (i.e. leveraging) is a pre-requisite to becoming rich, building wealth and achieving success. Other Peoples...more
Optimists keep claiming that things in the real estate world are looking up, but reality keeps reminding us that things are not all sunshine and roses just yet. Even with the current government incentive program for encouraging home buyers into taking the plunge and buying that dream home, the American people are just not itching to buy real estate...more
A few years ago I was at that point in my life when I realised I wasn't happy, and thinking at the time it was purely because I was poor and living day to day, I set off on a bewildering but exciting journey to build long term wealth. I didn't realise at the time that my external world ie my unhappiness, financial situation and so on was a...more
There is no doubt about it that the mortgage market is hopping right now. Between first time buyers hoping to take advantage of the low interest rates and high availability of desirable homes to existing borrowers looking to refinance, lending institutions are writing record numbers of loans every day. Many of these loans will be originated from a mortgage broker. A mortgage broker is an individual that helps a prospective borrower find the best match in a lender for their needs. Unlike a bank loan officer, who can only influence applications to their bank, a mortgage broker is able to "play the field" and shop around at many different lending institutions for the best rates and terms for each borrower.Although some leads will come in to a mortgage broker on their own, for the most part, in order to stay busy and competitive, a mortgage broker will need to purchase leads from a loan lead generation service. Mortgage leads come in many basic styles. There are those that are just refinances, those that are vintage, those that are first time home buyers and those that are for older "vintage" loans. Regardless of the style of borrower, the mortgage leads themselves are one of two...more
What if there was one thing that you could do that would guarantee your a financially free future, would you do it? Well, if you said yes then you need to begin creating multiple streams of passive income right away. Passive income is the key to...more
Most lending institutions like Citigroup, Country Wide and Wells Fargo are now offering their customers the chance to save their homes by availing the benefits of home loan modification. Mortgage modification is a very potent and realistic solution...more
Author: MPetroneRight now, mortgage interest rates are near all time lows. Many homeowners are refinancing and getting loan modifications to take advantage. However, I predict that interest rates will increase in 2010, and some people will no longer...more
What do you understand by remortgage? Remortgages is all about availing money on your already secured property. Are you confused that how you can access swift funds against your already mortgage property? But, withy easy remortgage UK...more
Todays busy life presents quite a few challenges getting things dome in a productive, competent fashion. The fast-paced existence experienced by most leaves little time to shop for anything, especially when it comes to specialised products such as a...more
The best referral any insurance agency can ask for is its track record.Laizer Schonbrun, insurance agent par excellence, works for one of the fastest growing agencies in the United States. He relates the following success story in regard to a tenant...more