How to use a mortgage calculator
www.BridgeCapitalLending.com Use an hp 10B to calculate amortizing mortgage payments
Mortgage Foreclosure Rescue Scams – Documentary Video We Stop Foreclosure Rescue Scams (2008) by Kyra Olds This is a documentary about mortgage foreclosure rescue scams that are occurring across the country in light of the growing foreclosures. The movie describes common scam tactics and how distressed homeowners fall for these scams. The movie concludes with what lawyers can do to challenge these scams in court and the Washington State Legislature’s response to try to to stop these scams by passing House Bill 2791 and Senate Bill 6381. It is intended to educate advocates so they can better assist homeowners facing foreclosure. Director: Kyra Olds Producer: Northwest Justice Project Sponsor: Eric Dunn Keywords: foreclosure rescue scam; washington; mortgage; foreclosure; 2791; northwest justice project; njp Contact Information: Northwest Justice Project 401 2nd Ave S Seattle, WA 98104 www.nwjustice.org Creative Commons license: Attribution-Noncommercial-Share Alike 3.0 United States Credits: We Stop Foreclosure Rescue Scams by Northwest Justice Project; Featuring: Eva, Client of NJP; Eric Dunn, Attorney at NJP; Melissa Huelsman, Private; Attorney in Seattle; Judy Poston, Housing Counselor at Solid Ground; Julia Kellison, Attorney at NJPl; Fred Corbit, Attorney at NJP Produced by: Kyra Olds, Intern at NJP Foreclosures are increasing nationwide, and so are scams that promise to rescue homeowners from foreclosure. What these scams do is take your money, ruin your credit …
Video Rating: 4 / 5
I’m getting a payment of 1,798.62 when doing the 360 month, 300,000 mortgage with an interest rate of 6%.
@Wilyam23 Push the red button and hit the decimal sign – that will get it back to the decimal.
Any idea why my hp 10BII would be putting a comma in where a decimal should go and vice versa and how to change it back? Thanks
What is the Key disfavors by Having Your Mortgage
realmortgagepaid.blogspot. com
Very informative video. I took some notes on the video and how it was done. I gave it 5 stars. Check out our vids and tell me what you think? We have some good stuff also.
you must have punched a wrong number because your answer in this example is wrong. try again.
why don’t you just use an online based mortgage calculator ?
not bad, but you need to clarify the effective rate vs the nominal rate. Also explain the payments per year….. I set my calculator to 1 payment per year (unless Im doing work with semi-annual coupon bonds)otherwise nice explaination
i think you effed up, if you’re doing 360 periods at 6% interest you’d have to use .5% per period.
Well, there are scams all over, like McDonalds claims to sell hamburgers – thats debatable – There are also good things, like TGIF’s hamburgers are good. Point is simple, do your due diligence and if its a win-win-win, then go for it.
I get the 90% (probly higher) from the fact that they were in or near foreclosure before calling the “scammers” in the firast place. They could not afford the home they agreed to purchase. Besides it doesn’t really matter. Anyone dumb enough to fall for something like this deserves to be taken. They are too dumb to compete in the world and ultimately will be bred out of the system. In the grand scheme of things no one gives a crap about the losers. It’s the way it should be.
Actually, the point of the video is that the scams are not legal. I don’t know where you get your 90% statistic from (probably your imagination), but in any event, it is not necessary to be scammed by a predator to preserve one’s credit. If a person is going to “lose” his home, better to sell it at or near fair market value and recover some, most, or all of the equity than forfeit the entire value in a scam.
Bucktooth, when you finally move out of your mother’s basement some day, why don’t you tell me how many pages of the fine print you read. Then two weeks later when you’re finished, you can try to explain to me what it all meant.
DrewDownsManagement, thank you very much!
Very informative video. I took some notes on the video and how it was done. I gave it 5 stars. Check out our vids and tell me what you think? We have some good stuff also.
If you did not read the fine print, it is your fault. Nobody put a gun to your head to sign. Take responsibility for your actions.
Most of these “scams” are legal. Though they may seem predatory, it is a survival of the fittest world. 90% of the alleged “victims” would have lost their homes one way or another. The so-called predators DO help in most cases by keeping a foreclosure off the credit rating of the client.