Monthly Archives: June 2010

Loan Features To Avoid: Prepayment Penalties

Posted by JD Esajian // June 3, 2010

Most mortgages do not limit prepayment of your principal, If you would like to pay twice the principal due each month, with the goal of paying off your loan early then you are free to do so without penalty. If rates fall and you’d like to refinance to a better loan after a year or two, you don’t owe anything extra. But some mortgages don’t treat borrowers so kindly.


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Regular Maintenance of Area Rugs

Posted by JD Esajian // June 2, 2010

Regular maintenance is important since all rugs,including carpets wear out from the bottom. Grit and sand settle at the base of loop and pile constructions or lodge between the yarns of flat tapestry weaves, cutting fibers and wearing out the rug. So to improve the life of your rugs, vacuum often.


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Loan Features To Avoid: Balloon Payments and Negative Amortization

Posted by JD Esajian // June 1, 2010

Among all the paperwork involved with taking out a mortgage, it is very easy to let your mind wander and simply sign on the dotted line. But be careful, you should read through the loan documents. You have to ask about and also watch out for these hazards to your financial health in particular


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