Dave's Blog

Pre-payment penalties. Just when you were doing so well, and manage to pay that loan off early, they slap you with a pre-payment penalty. Ouch! Well, if it's any consolation, you can itemize that away, which should ease the pain. This can be a big write off for many people in ARMs right now.  I s...

Community Pages Algonquin - Learn everything about the Algonquin community through their official web site!  Cary - Visit the Cary web site to learn more about the community!  City of Elgin - The City of Elgin's official web site. Learn more about the community!  Crystal Lake - Want to learn abou...

On September 18, 2007 the U.S. House of Representatives passed H.R. 1852.  This is an expansion of the American Homeownership Act of 2007.  This bill will do many things if passed by congress and becomes a bill.1. This would allow mortgage brokers to post a surety bond instead of meeting the audi...

I received this in an email froma friend of mine.  I thought it was good!~ Eagles may soar, but weasels don't get sucked into jet engines.~ Doing a job RIGHT the first time gets the job done. Doing the job WRONG fourteen times gives you job security.~ Rome did not create a great empire by having ...

Find out what type of home is in your budget by entering a few numbers into our calculator. Our calculator is based on standard affordability ratios used to determine qualification for mortgage approvals. The housing payment ratio (or front ratio) compares your total mortgage payment to your mont...

Now we are talking.  It is the largest cut the Fed made in four years.  We are now at 4.75 percent.Now this does not mean that banks will lower their rates right now.  Some may do it today and some might not lower them at all.So does this help.  The answer is yes.  By doing this we will see some ...

Wow I am amazed at the work my wife and I had done.  We had to get some electric work done in our home.  I am not a fan of doing this my self, but will do some.  We needed the exaust fan in the Bathroom fixed and we had an electric outlet and a fan put in our loft area of our home.I did not want ...

Debt consolidation is very dangerous if you try to use it as a quick fix for extra cash flow, personal credit problems, or just feeling like a weight is off your shoulders. If you have difficulties controlling your spending, debt consolidation has the ability to make your personal financial probl...

Owning a home is the American dream, providing the home owner with personal satisfaction and financial advantages.  While you enjoy the freedom of owning your own home, you can enjoy tax breaks by writing off interest to the possible appreciation of the home's equity.  Benefits of home ownership ...

Streamwood is a village in Cook County, Illinois, United States. The population was 39,497 at the 2006 census. It is a suburb of Chicago.Streamwood, along with Bartlett and Hanover Park, is one of the three communities that make up the so called "Tri Village" area. Streamwood was first incorporat...