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No doc mortgages are becoming an increasing popular method of financing homes. Homeowners choose no doc mortgages for a variety of reasons; if you value your privacy or have difficulty documenting your income, a no doc mortgage could be right for you. Here is what you need to know about no doc mortgages.

Mortgage lenders protect themselves from unnecessary risk by requiring a significant amount of documentation from their borrowers. Your mortgage lender probably wants to know all about your finances: where you got any cash in the bank, how much your salary is, where and how long you have worked, and what debts do you have. Some people value privacy. Scratch that, most people value their privacy. In an age where laptops filled with personal financial information of millions of people routinely go missing, how can you protect yourself?

Have you heard this one? What do you call a bus load of lawyers going over the side of a cliff with one empty seat?

A wasted opportunity!

NO, NO, NO!

A ton of wasted leads.

Attorneys can be a excellent source of deal leads for you and I. Many of you reading this, live like my wife Kris and I, in major metropolitan areas. It is not uncommon for there to be thousands and thousands of attorneys in the yellow pages. So how can we make this a fertile ground for real estate deals?

If you are planning to buy a house, you should consider whether you need a 30 year, or 15 year fixed mortgage rates for your monthly payments. It would be ideal if you could have the house paid off as soon as possible, but there are other things that you should look at before you sign any papers.

Buying property abroad can make even the most seasoned property investor lose their financial sense especially when faced with an absolute bargain. Overseas property buyers who are in search of a second home abroad need to be aware of the ‘wow’ factor when searching for property abroad. Overseas property can be considerably lower priced than an equivalent property at home. Many overseas property markets are set to make short term gains and some investors rush in without taking full consideration of all the financial aspects of buying a home. Buying a property overseas is more than just the price of the property.