candidnetlistings.com candidnetlistings.com candidnetlistings.com
   Home Page >> About Us >> Privacy Policy >> Terms of Service >> Place Your Link >> Add Your Article
Search:   
Add Url
 

Government & Politics

Business & Services

Tour & Travel

Eating & Drinking

Adventure & Sports

Realty & Property

Investment & Finance

Internet & Computers

Jobs & Careers

Hygiene & Health

Science & Research

Lifestyle & Fashion

Teens & Kids

Recreation

Home & Garden

Automobile & Automotive

Healthcare & Treatment

Shopping & Auction

Art & Culture

Online & Board Games

People & Communities

News & Events

Academics & Learning

Self Healing

 

  Home Page › Realty & Property › Property Sites
   
 

The 21st Century Way To Build Equity

   

Here to stay and firmly established in the U.S. mortgage market, biweekly mortgage payments are gaining momentum. First introduced into the U.S. in the early 1980's by several small Northeastern Banks, the idea of biweekly mortgages has its origins in Canada.

This concept soon became the popular choice nationally within less than a decade after it's arrival placing the biweekly payment plan in the forefront of Canada's mortgage industry around 1972 for several good reasons. Consider the following:

1. Most people are paid weekly or biweekly, therefore, it is reasonable to have as an option "biweekly mortgage payments".

2. On a biweekly mortgage payment schedule, one half of a loan's monthly payment is made and credited to the account holder every two weeks. This is equivalent to making 13 monthly payments instead of the usual 12 monthly payments reducing the loan's payoff time.

3. Faster accumulation of equity build up of up to 300%, plus a reduction in interest owed on the loan due to your prepayment is the result of using a biweekly payment schedule; that's without any increase to your monthly output. In other words, you'll get more value per dollar and save thousands as well; as much as 25% to 30% in interest over the life of the loan.

Combine the benefits of a biweekly payment schedule with a union between an Electronic Funds Transfer (EFT) mode of account servicing that is governed by Regulation "E" of the Federal Reserve to a plug into the internet and you will find a super-efficient, safe, consumer-friendly method of paying a monthly obligation that won't take a huge bite from one paycheck. It doesn't take nuclear physicists to understand why this type of arrangement is frequently referred to as the "Common Sense Mortgage".

Now that there's breathing room because money has been "freed-up" and also saved by using a service such as this, go on an excursion for some sunshine, sand and surf, have dinner at a five-star restaurant, or better still, invest in your financial future. It's your money. Once you've tried this equity acceleration program (EAP) for yourself, you'll realize its value.

With more available choices, creating enjoyable lifestyles and looking out for your family's financial well being is easier today than it ever has been. The bad news is that time is not on you side with a standard monthly mortgage payment on a 30 year loan. As a matter of fact, you are not getting the most for your money. The good news is that help is here; the technology does exists giving consumers unparalleled conveniences plus an advantaged boost.

Better Business Bureau (BBB) member, Bridgeco Central (BCC) is a distributor and national service provider in the U.S. of the on-line resource the Mortgage Manager Hi-Tech Mortgage Payment Service. To obtain an application to apply for the biweekly payment service at no cost visit http://www.eMortgageManager.net. A password-protected mortgage-auditing program is also included at no cost to the consumer after 6 months of using the service.

Welcome to the 21st Century.

Author: B.F. Boggan
 
Author Bio:
B.F. Boggan is a specialist in this area. B.F. has written several articles in the past on this topic.
This article can be searched using: real estate web sites, real estate agent web sites, real estate investor websites
 
 
 

Related Articles

 
Sell Your House Fast
 
Florida Real Estate
 
Real Estate Investment in Stunning Cyprus
 
3 Mistakes To Avoid When Selling Your House FSBO
 
Termite Damage, a Concern or Not
 
South Bend on the Web's Hottest House Sites
 
Save Yourself The Headaches: 10 Steps to Selling Your Home
 
A Word of Warning About Home Inspections When Buying
 
Rapid City Real Estate Agents
 
Real Estate Investment Loans
 
 
 
 

A Word of Warning About Home Inspections When Buying

When you make the decision to purchase a home, you are committing to a lot of debt. You want a home ... - Raynor James
 

Who Should Hire the Real Estate Appraiser and Why?

Everyone involved in the sale of real estate has a vested interest in the results of a real estate a ... - John Harris
 

Ten Tips on Reducing the Stress of Selling Your House

Selling your home and moving house have long been regarded as two of the activities which sharply in ... - Rachel Green
 
 

For Sale By Owner - Why Use a Realtor Anyway

For Sale By Owner is just as it sounds, a homeowner trying to sell their home without the assistance ... - Gerald Meyer
 

Should You Pursue Lease Options To Purchase a Home

The real estate market is a place where people can get very creative. This brings us to the rent wit ... - Raynor James
 

Property Auction & Why You Should Run A Mile From Them

That's A Funny Thing To Say About Property Auctions; They're All The "RAGE, Aren't They?" - Colm Dillon
 

Sneaky Ways to Determine if It's a Sellers Market For Sale By Owner Homes

Before you decide to do all of the work yourself, and put your house up as a For Sale By Owner, foll ... - Evelyn Grazini
 

Greatest Gold-Mine Of Easy "For Sale by Owner"(FSBO) Advice Ever Crammed Into One Page

Here are some important things to consider and do before you decide if you should sell your home you ... - Evelyn Grazini
 
 
   Home Page >> Privacy Policy >> Terms of Service
Copyright © 2006-2008 www.candidnetlistings.com - All Rights Reserved.