Monday, January 18, 2010

Ameriquest mortgage History


Ameriquest was one of the United States's leading wholesale real estate lenders. Ameriquest was founded in 1979, in Orange County, California, as a bank, Long Beach Savings & Loan. Originally founded as a subsidiary corporation under the name Ameriquest Mortgage, it was now renamed Long Beach Mortgage, while the retail part of the business was renamed Ameriquest Capital and remained private.

On August 31, 2007, Citigroup completed its acquisition of its wholesale origination lending unit Argent Mortgage, its servicing unit AMC Mortgage Services and shut down its retail lending unit Ameriquest Mortgage.

Ameriquest mortgage Company was widely known in the United States. Ameriquest Mortgage Co. faces allegations that it misled and overcharged borrowers falsified loan applications and saddled low-income and minority homeowners with loans they couldn't afford, public records show.

Ameriquest Mortgage Co. faces allegations that it misled and overcharged borrowers falsified loan applications and saddled low-income and minority homeowners with loans they couldn't afford, public records show.

Tuesday, January 12, 2010

Three compelling reasons of Nicaragua real estate


The first is a Nicaragua real estate opportunity that we will disclose in the following white paper report. International Real Estate. Going Global Never Cost so Little. To make sure you completely understand the opportunities presented to you in this report on beachfront property in Nicaragua, consider the following information about international real estate investing.


This is the perfect time to consider a real estate investment overseas-for three compelling reasons:


1. Certain foreign markets will be much more predictable than the United States in the coming years. U.S. has seen a great real estate boom over the past few years. The national median price for an existing home at the end of 2002 was $148,000, up 6.2% from the previous year. No one knows for sure, of course. But instead of trying to guess, I recommend that you look right now at places where the profit potentials are much greater and the move of the markets more predictable.


2. Global real estate is an excellent hedge against the U.S. economy and the U.S. stock markets. The real estate, as the investment adage goes, “can’t go to zero.” It’s a hard asset. You can visit it. Stand on it. You can take enjoyment from it, and use it for vacations, for example, while you’re watching the capital appreciate year after year. A smart property investment, like the Nicaragua real estate venture we’ll share below, can make you short-term returns in the form of rental income, for example:- . Long-term, it can make you rich.


3. Overseas real estate investment will position you to take advantage of the growing trend taking shape in the United States and in other developed countries. That is, people’s growing desire to invest, live, vacation or even retire outside their home countries.


In fact, according to the U.S. State Department, the number has risen from 2.3 million to 3.3 million since 1990 alone. This movement is expected by some to increase exponentially. To profit from it, you need to look for real estate markets that will capitalize on the direction in which the world is starting to move. The first of the 76-million-strong Baby Boomer generation turns 55 this year more people are going to look outside the United States for second homes and retirement havens.

Monday, January 4, 2010

Mortgage Deadly Sins


The simplest way to work out the repayments on a buy to let mortgage is to use an on-line buy to let mortgage calculator. These can help you work out the best buy to let mortgage product for the type of UK investment property and real estate you are considering and your individual circumstances.

Finding the best buy to let everhome mortgage is crucial to your success as a property investor. There are a number of different buy to let mortgage products available from fixed rates, discounted variable rates, discounted rates and so on.

Different products may be suitable for different investment properties. Always find out the best buy to let suntrust mortgage deals available at the time.

Although there are some buy to let products calculated on ratios of as little as 115%. The most successful landlords will use some of the best buy to let mortgages to fund their buy to lets and with buy to let mortgage products becoming more sophisticated and competitive the right buy to let the owner financing can ensure you maintain your investment property portfolios in such a way that you are always working to the most optimum cash flow situation. Unlike other forms of investment realty, a lot of the money you put into a buy to let property is likely to be borrowed.