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Guide: Legal and Finance


What is a Good Credit Score

If you’re getting ready to apply for a home or auto loan or even apply for a credit card, you’ll probably be asked for your credit score. Credit scores are essential in helping lending agencies determine whether you are a high or low-risk applicant. Having a good credit score is vital for scoring the best loans with optimal interest rates. Wondering what a good credit score is? Read on... ❯❯❯

Why Insurance Is Important When Taking Out A Mortgage

Buying a house is one of the most significant milestones in an adult’s life. There’s nothing like the feeling of being able to call a property your own. Before you can purchase a residence, though, you have to take out a mortgage, which is a complex process in itself. It involves filling up documents, looking for a home that’s for sale, and purchasing insurance, which is a... ❯❯❯

Making Sense of Your Lease

Reading over a lease can be nerve racking. You have to scrutinize every clause in order to make sure you will be comfortable in your apartment, but how can you do that when it seems like it's written in another language?! According to the Worcester Polytechnic Institute (WPI), Office of Residential Services, leases are written in another language... or at least a language of another century.... ❯❯❯

What Are The Components And Charges Of A Nnn Lease?

NNN ground lease or triple net lease has four components. Base Rent, Taxes, Insurance, and Common Area Maintenance (CAM). CAM, Taxes, and Insurance make up the NNN ground lease. Typically the lease will treat base rent and NNN lease separately. Base rent will be a set amount with possible increases per year or changed by CPI. NNN ground leases are passed through to the tenants. Each of the... ❯❯❯

How to Find the Right Loans to Fit Your College Dorm Prices

Take a look at some great tips and student saving advice for finding loans that work within your budget and fit the college dorm prices at your university. The average cost of housing for college students ranges from $7,500 to $9,000 per year. That's a total of $30,000 to $36,000 for four years of college. Many people can't afford to pay this bill out of pocket. That means that the only way to... ❯❯❯

How Loans & Credit Scores Go Hand in Hand

Understanding credit and credit scores are sometimes tricky because there are a variety of factors that comprise a credit score. Loans are a significant factor that influences your credit, and in this article, we look at how and why that is. What Is A Loan? According to a credit repair Austin company, a loan is money that a lender gives to a borrower who promises to repay it in a specified time.... ❯❯❯

Your 4 Steps to Successful Selling Home During Divorce

Unfortunately, parting with a spouse entails not only a change in lifestyle but also a change in the place for living. Although, this is probably for the better because staying in the same place, where you were happy married life can be unbearable. After all, this is a place where everything will serve as a reminder of the past, regardless of how bad or good the past was. In this regard, selling a... ❯❯❯

What Credit Score Do I Need to Get Approved For A Home Loan

Have you embarked on the exciting journey of finding a new home? If so, chances are, you’re going to need to apply for a home loan. Let’s face it: the majority of people don’t have a wallet full of cash ready to pay for the price of their new home in full. And that’s why we have home loans. When you’re anxiously awaiting the approval of your loan application, the... ❯❯❯

What a Viatical Settlement Broker Can Do For You

A viatical settlement involves a terminally ill person asking for a good price for his or her life insurance policy, and at a discount value. Perhaps the terminally ill person has realized their time is running out and wants to make good use of the insurance. The settlement allows the buyer to use the full benefits of the life insurance policy as the seller waits for the inevitable death. In some... ❯❯❯

Things You Should Do Before Buying a House

Buying a house is a big financial decision. It is not something that you can't wake up one morning and decide to do unless you’ve won the lottery. It is important to take time and educate yourself about the process to avoid potential issues down the line. You will be dealing with other people during the search and purchase of the house. There are some things you should be doing before you... ❯❯❯