Chitika

Friday, June 10, 2011

Mortgage 101

Our first video in the Real Estate series, Mortgage 101! Sorry for the wait, things have been crazy this week, we've been having some technical problems, and we're trying to fix them today.

This video is pretty much a visualization of our last blog post, where we compared mortgages. Thanks for your patience, feel free to leave all your feed back and constructive criticism below!

Monday, June 6, 2011

How much is a $200,000 home?

So you are buying a $200,000 house, how much is it really going to cost? In our example we will look at two common mortgage loans and compare which is the better deal! You have to choose between a 30 year mortgage and a 15 year.

The 30-year mortgage has a fixed rate with a monthly payment of $1,074.
The 15-year mortgage has a fixed rate with a monthly payment of $1,505.

For the 30-year mortgage, the total cost of interest is $186,343.
For 15-year mortgage, the total cost of interest is $70,789.

Therefore, you would save $115,554 in interest cost by taking the 15-year mortgage!

 So what would you do with $115,554?

Sunday, June 5, 2011

Now is the best time to buy Real Estate

"The Mortgage Bankers Association recently hiked it's perdition, and now believe 30-year fixed-rate mortgages will reach 5.5 percent by the end of 2011 and more than 6 percent in 2012."                         -Bankrate.com's 2011 Interest Forecast

If your planing on buying a house soon, now is the time!


Is anybody here going to be looking to rent or buy a home within the next two years?

Friday, June 3, 2011

Free Video Intros for your blog!

Videos are also a good way to promote your blog on forums and other websites.

I've seen people that don't necessarily vlog, but they post youtube videos of game trailers, song clips, etc.. on their blog. They would get more views if they posted it on their own channel with their intro in the front and their url in the description, its a great way to generate traffic!
If you want this video intro customized for you, just ask my friend Chris!
Here is his blog http://directorspace.blogspot.com/
Make sure you put the url of your blog in your comment.
Please only ask for one if you're going to use it, they are free though!

Hes helping me finish up my first Real Estate Video, so I owe him. Don't forget to follow his blog!

Thursday, June 2, 2011

Working on a new video!

I'm collaborating with a motion graphic artist (who is also a friend of mine) to make the first video in my Finding Cheap Homes Video Series.

So.....
What about Real Estate would you like to learn?