Articles for tag: 401k, 401k Loan, 401k Plan, First Time Home Buyers

Understanding 401k Loan Rules

Understanding 401k loan rules is important to those faced with a need for cash and considering the idea of tapping a 401k retirement account. Many financial gurus maintain that 401k retirement accounts serve the singular purpose of providing a source of retirement income and advise against taking either early withdrawals or loans from them. Nevertheless, ...

Karla News

Overview of First Time Home Buyer Programs

First time home buyer programs offer tax incentives, down payment assistance, and financing options for buyers with less than perfect credit. Not all programs are available to first time buyers and each requires applicants to meet eligibility requirements. Buyers can conduct online research or consult with a mortgage adviser to determine which program is best ...

Karla News

Massachusetts Offers Incentives for First-Time Home Buyers

First-time home buying can be exciting and scary. Buying a house can stretch your budget farther than you have stretched it before. Purchasing a home is a big responsibility. I still remember my heart pounding hard at each step of the process of burying my home. Buying a home today is just as scary. Anyone ...

Karla News

How to Buy Bank Owned REO Properties

Copyright 2009-2011 Lex Levinrad, Distressed Real Estate Institute The foreclosure crisis has created an unprecedented opportunity to invest in real estate at hugely discounted prices. When a homeowner defaults on their mortgage and goes into foreclosure, the end result is that the house ends up at a foreclosure auction. If no one buys the house ...