Real Estate Savings Strategies: Interest Rates

Meridian home $204,500 available.Fabulous ways to save BIG $$$ on your Home Mortgage! The number one way to save money on your home mortgage is having a good interest rate. No surprise here, but have you actually done the math?Consider this: If you have a home with a $200,000 mortgage at 6% on a 30 year term by the time you have that loan paid off, assuming you don’t pay extra principle down, you will end up paying a total of $431,676.... …
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Real Estate Savings Strategies: Interest Rate Advantage

3 Bedroom 2 Bath $118,500 Meridian Home for SaleBuying Power Has Increased 12.5% from March 2011! We are all currently a part of what may be looked back upon as the best time ever to buy a home. From just one year ago to today we have seen a 1% drop in interest rates. What does this mean for your ability to purchase a home? Let's take a look at an example. If you were purchasing a home in March 2011 and you could qualify for a $200,000 loan... …
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Real Estate Savings Strategies: Tax Too High?

3 Bedroom Home available in Eagle $128.000Did you think I was never coming back to guest post on Fabulessly Frugal? The housing market has been so exciting lately that I got a little sidetracked from this series.We have been focusing on strategies for finding extra money to help you pay down your principle, and the best methods for paying down principle.  Last time we talked about how a Programmable Thermostat can save you $100's.Another... …
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Real Estate Savings Strategies: Easy Money

5 Bedroom Home available in Boise area $177.900 Where do I find the extra money required to pay down more principle on my mortgage?We have talked about how paying a little extra each month toward your principle balance of your mortgage can save you tens of thousands and years of payments. You may be thinking, well that’s nice, but I don’t have any extra money. I am 99.9% sure that you do have that money you just don’t know where to... …
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Real Estate Savings Strategies: Extra Payments

Biweekly Mortgage Payment vs Increased Principle Payment Boise Dream Home with Guest House Which one saves you more money, A Biweekly Mortgage Payment or a Principle Payment Increase?When you add a monthly payment equal to 1/12 of the your regular monthly payment, or make biweekly payments, both result in making the equivalent of one full extra monthly payment a year.But what many people don’t know is:Bi-weekly Payment: With a biweekly,... …
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Real Estate Saving Strategies: Pay Down Principle

$199,000 house for sale in BoiseFabulous ways to save BIG $$$ on your Home Mortgage! Last week we looked at securing a good interest to save you $1,000's.The next best way to save money on your home mortgage is to pay more down on your principle. Even if it is only a small amount each month “JUST DO IT” you will save more than you might think. Take a look at this: Let’s consider a $200,000 mortgage at 6%. If you pay just one... …
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Real Estate Savings Strategies: Introduction

Home in Eagle, Idaho Do you know there are strategies to making money and saving money with real estate?  We are excited to bring you a new author and expert to talk strictly about Real Estate Savings Strategies! Mark will post a weekly blog post with ideas to help you save on your current home, your next home and strategies for investing with income properties.Meet Mark... he is an Expert Real Estate Professional serving the Boise, Meridian,... …
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