Mortgage Management For Dummies by Eric Tyson & Robert Griswold MSBA & Ray Brown

Author:Eric Tyson & Robert Griswold MSBA & Ray Brown
Language: eng
Format: epub
ISBN: 9781119387800
Publisher: Wiley
Published: 2017-07-05T00:00:00+00:00

Only if all these conditions apply should you consider extending a financing offer to a prospective buyer of your house. If you’re going to do that, you should then do what every smart mortgage lender would do: Thoroughly review a prospective borrower’s creditworthiness. In Chapters 2 and 3, we explain how lenders do that.

Chapter 8

Searching for Mortgage Information Online

IN THIS CHAPTER

Looking at some safe surfing ideas

Checking out mortgage sites

Computers, tablets, and smartphones are amazing tools. Used wisely, they may save you time and money. However, like other tools (such as a hammer), used incorrectly (remember the last time you whacked your finger with a hammer?) or for the wrong purpose (tapping a glass window comes to mind), today’s technology can cause more harm than good.

Some people have mistaken assumptions about using their computers and tablet or phone apps to help them make important financial decisions. Some believe and hope that fancy technology can solve their financial problems or provide unique insights and vast profits. Often, such erroneous musings originate from propaganda put forth through “fake news” or social media about how all your problems can easily be solved if you just have the right app, spend more time on particular websites, and so on.

As computers, technology, and apps continue to proliferate, we take seriously our task of explaining how, where, and when to use the Internet to help you make important mortgage decisions. In this chapter, we highlight key concepts and issues for you to understand as well as list a few of our favorite websites.

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