Chase Credit Card Payment Scare

What would you do if the amount you owed on your mortgage suddenly showed up on your credit card bill?
Chase Bank
Here’s a little background.  I’ve had a Chase credit card for years and have been paying the bill with our online bill pay service for most of that time.  A while back, Chase Bank also bought [...]

Reverse Mortgage Disadvantages

Reverse mortgages were the topic of a post several weeks ago in which we promised to take a look at the downsides of seniors using a reverse mortgage in retirement. Here are some of the disadvantages of using a reverse mortgage to borrow against the equity in a home.
Builds up Debt
Traditional mortgages allow you to [...]

House Hunting Tips for Busy Parents

After several nights of weighing the pros and cons of buying a house one thing we realized is that we simply didn’t have enough information to make a good decision.  We haven’t been in the real estate market for years now so we don’t really know what our house will sell for or what we [...]

Reverse Mortgages for Seniors

If you or your parents have lived in your home for many years and have built up a lot of equity in the property you may have heard about or considered a reverse mortgage as a potential source of income during retirement. There seems to be a wide divide in opinions on whether reverse [...]

Adjustable Rate Mortgages

Adjustable rate mortgages may not be as popular as they were only a few short years ago but they can still be beneficial if you only need to borrow money for real estate for a relatively short time period.  Here’s a look at what adjustable rate mortgages are and who they can benefit.
Adjustable Rate Mortgages
The adjustable [...]