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When is a Cup of Coffee Worth $37,000?
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When is a Cup of Coffee Worth $37,000? When is a Cup of Coffee Worth $37,000? The guy directly in front of me was part of the conversation and seemed to agree with the above conclusion. He told me he worked with a guy who just sold a stock for $37,000 profit. Then he said, "He must have had money to begin with.". I just got past the first two years! To this point, here's what I had learned:. From my conversation with him, I found out he had 28 years left on his mortgage. I had to guess what his inter...
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Big Money With Distressed Properties
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Making Big Money With Distressed Properties Financial Avisory Articles. Making Big Money With Distressed Properties. When looking to make money in the fixer-upper type of properties, don't look for distressed properties; look for properties that are owned by distressed people. Then no matter what shape the property is in; you may very well get yourself a real bargain. Once you're an insider, leads will come to you. Sometimes more leads than you can handle. I tell you all this, because the bargain...Once ...
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Stock Market Rallies - Press Pissed!
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Stock Market Rallies - Press Pissed! Stock Market Rallies - Press Pissed! The stock market rallied on Friday and boy was the press upset. When I turned on my car radio I caught the market report near the end and I didn't hear the news about the stock market rally. All I heard was very depressed journalists reporting. They sounded so sad and upset. I said to myself, oh no, what terrible thing is happening now! Are more bridges falling down? Please don't tell me anything like that! I remember when a stock ...
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Saving Money With Biweekly Payment Plans
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Saving Money With Biweekly Payment Plans Financial Avisory Articles. Saving Money With Biweekly Payment Plans. Someone told me he was saving lots of money because he switched his mortgage payment schedule to biweekly. He said it was a really great plan and that his mortgage would be paid, in full; several years ahead of his monthly payment schedule and that it would save him over $70,000! And then proudly stated, and there is only a $19 charge added on to each payment! When you go the refinance to a biwe...
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What Happens After the Bubble Bursts?
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What Happens After the Bubble Bursts? What Happens After the Bubble Bursts? Written on March 18, 2007). What happens when the real estate bubble finally bursts? Is it all bad news? Well, it's bad news if you were going to use your equity to put your kids through college, but if you're a real estate investor, it ain't all bad. So, unless you have the purchase of a mansion in Georgia contingent upon the sale of a Condo in Connecticut, take heart, falling prices are good news for real estate investors!
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$310,000 With a $999 Monthly Payment
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A $310,000 Mortgage With a $999 Monthly Payment! A $310,000 Mortgage With a $999 Monthly Payment! Written on May 1, 2007. A friend of mine called to inform me he had gotten some great news in the mail. He received a letter from a lender in California informing him they would give him a $310,000 mortgage and his monthly payment would only be $999! Think of the house I could buy, he told me excitedly! What am I waiting for? Remember, all these numbers were for a $310,000 mortgage; my friend was looking to ...
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Five Ways Lenders Try to Take You For a Ride
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Five Ways Lenders Try To Take You For a Ride Financial Avisory Articles. Five Ways Lenders Try To Take You For a Ride. There are literally, thousands of different types of mortgages available. How do you know if your lenders are trying to fit you for the mortgage that's best for you, or if they're just looking to make some extra bucks? Here are a few ways lenders could pad their bottom lines at the possible expense of yours. 1 A $400,000 mortgage with a $1,199 payment. Many times a homeowner would like t...
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The High Price of Gas
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The High Price of Gas and the Evil Oil Companies Financial Avisory Articles. The High Price of Gas and the Evil Oil Companies. When people talk to me about their financial problems, there is one thing they always mention to me that they feel is a great stumbling block that has been place in front of them, keeping them from getting down the path to success. Let's take a close look and see just how badly we're all getting burnt by the high price of gasoline. The price of gas is way too high! When adjusted ...
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An Extra $100,000
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Who Wants an Extra $100,000? Who Wants an Extra $100,000? One that was averaging 15 percent would net him a cool $200,000 over 7 years! There are other ways to save $100,000 on mortgages. I find that different mortgage companies have different rates. Sometimes these rates vary as much as two percent from lender to lender! The lesson here; shop around! Also find out how to pay off your mortgage way ahead of schedule at Early Payoff Calculator.
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The Sub Prime Debacle
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The Sub Prime Lending Debacle and the Stock Market Downturn Financial Avisory Articles. The Sub Prime Lending Debacle and the Stock Market Downturn. During the last couple of weeks the Dow Jones industrial average has tanked to the tune of over 1,000 points. Many analysts reason this abrupt market downturn has been caused by a sudden increase in sub prime lending defaults. Can a tight mortgage market shoot down the whole economy, or is this issue being overblown? The Real Estate Bubble. Of course, most p...