A “529 Plan” is a popular education savings plan designed to save money for college expenses. Operated by an educational institution or by a state agency, they offer the benefit of tax deferred investment growth much like a retirement plan. Additionally, withdrawals for qualified educational expenses are tax-free. Finally, even though your contributions are not.
Borrowers regularly make costly mistakes when closing their loans. A higher rate or an extra point on your loan can cost thousands. An error on a prepayment penalty, balloon payment, or adjustable rate can cost you tens of thousands more. It is ultimately your responsibility to protect yourself from any mistakes. Real estate is very.
I am extremely proud to announce that Huettner Capital, LLC is now a Mortgage Banker. The transition from a Mortgage Broker to a Mortgage Banker offers many benefits to my clients. In fact, these benefits and ridiculous recent mortgage regulation changes are the reasons I finally decided to make the move. More Competitive Rates and.
Anyone buying real estate today must have a plan to position their offers against other deals, especially cash deals. Cash Buyers have gobbled up properties the last few years snatching them right out from under traditional buyers with quick closings and eliminating the risk of financing delays. Some sellers even agree to a lower price.