EMPOWERING HOMEOWNERS TO SHOP, MANAGE, AND ELIMINATE MORTGAGE DEBT
Mortgage Locator A mortgage is simply a pile of money. So why the complexity? Because the mortgage industry makes it that way. And the industry enslaves homeowners to mortgage debt.
Mind Your Own Mortgage changes the game by revealing inside information previously used against you. Now you are in charge:
*Shop with confidence-an exclusive, automated system helps you find the best price-it's as easy as buying a gallon of gas
*Identify slick sales gimmicks and lender manipulation
*Refinance only when it make sense for you-not for the mortgage company
*Eliminate your mortgage in record time-so your retirement years include retirement
AVOID HOUSING MELTDOWN #2
Despite the collapse, today's system invites you to make the same mistakes all over again. Steer clear-only a sound mortgage will build a strong household economy. And a strong household economy is good for America, too.
Stocked with compelling real-life scenarios, budgeting tips, and powerful financial tools, Mind Your Own Mortgage is a timely wake-up call for homeowners and a candid decree that the American dream is still possible-if we dramatically rethink the way we finance our homes.
IT'S TIME FOR A CHANGE. IT'S TIME TO MIND YOUR OWN MORTGAGE.
"Whether you're getting a new mortgage, refinancing an old one, or dealing with the mortgage you have already, you won't find a better mortgage coach than my friend, Rob Bernabe." -Mary Hunt, personal finance expert, best-selling author, and CEO of Debt-Proof Living
"Finally, consumers have what they need to hold any mortgage provider accountable." ―R. Jarret Lilien, founder and managing partner of Bendigo Partners and former president and COO of E*Trade Financial
Mortgage Locator I chose Mind Your Own Mortgage by Robert J. Bernabe from my available book selection [...] where I get books for free. I enjoyed this book especially because it was so current. I enjoy reading business/financial books but so many of them go out of date very fast or unrealistic. This is a 2010 post bailout financial tool kit designed to make you think a little differently about your finances. I have always been a fan of paying off your mortgage and living below your means. This book broken into three parts: choosing, managing, and paying off your mortgage. So many people refinance or use their homes as an atm but they never really do the math and figure out what that money is costing them. You can save yourself a tremendous amount of money simply by paying more (even $75.00) more to your mortgage each month. You can spend your money or you can save it or use it to pay off mortgage debt. We are a culture so used to immediate gratification and it is costing us heavily. A strong economy is the sum of its parts and the parts are pretty weak right now - Americans are overspent and have bought into consumerism rather than ensuring that their own households are economically sustainable. I love the book The Millionaire Next Door and this is the first book I've read in a long time that reminds me of it. You can choose to drive a flashy car, live in a big house with a pool, gourmet kitchen, etc. and have a bunch of bills or you can live below your means and have a simpler, less flashy life, but be completely financially free. Hopefully this book will inspire more people to become savers so that they can calm down and use their lives and the gifts they have been given rather than obsess about the newest, fanciest gadget. If we have economically strong households we will have a stronger economy.
I'd recommend this book to anyone who is looking to simplify their life and wants to be financially free.
Minding Your Own Mortgage- The Wide Homeowner's Guide to Choosing, Managing, and Paying Off Your Mortgage by Robert J. Bernabe surprised me in a couple of ways. For one, the book is a lot better than the cover art. For another, it was enlightening and easy to understand. That's what I enjoyed most about this "how-to" guide to being smarter when it comes to mortgage shopping and managing is that it is very straight-forward, doesn't give me more information than I need and bore me with stuff I wouldn't understand unless I actually worked in the industry. Much of the time, I found myself thinking, "Hey, I did this when shopping for my last mortgage" but I didn't know that it was worthy of writing a book about. But maybe that is exactly the point of the book. This is stuff we should know. It is stuff our grandparents probably knew, and somehow, over the years, we learned to trade long-term wisdom and delayed gratification for short-term benefits and immediate pleasure, only to pay the piper in the long run. Bernabe puts forth straightforward truths, simple checklists, and good worksheets so I can know if a lender is hosing me, and all in a clear way anyone can understand. The bottom line is this- this book should not have been written. It should not come as a shock to anyone, the principles included. And we should not be in the mess we are in as a nation. But because we are, Bernabe's book is worth the read, and its timeliness is impeccable.
Disclosure of Material Connection: I received this book free from Thomas Nelson Publishers as part of their [...] book review bloggers program. I was not required to write a positive review. The opinions I have expressed are my own. I am disclosing this in accordance with the Federal Trade Commission's 16 CFR, Part 255 : "Guides Concerning the Use of Endorsements and Testimonials in Advertising."
Mortgage Locator I chose the book Mind your own Mortgage by Robert J. Bernabe. This book has three sections: choosing, managing, and paying off your mortgage. Most books of this type were written years ago and dont fit into the economy today. This one does!! It breaks each section down into mini sections and talks in detail about each step. It talks you through the mortgage process. At the end of the book you feel completely confident that you can find the best mortgage for you and pay it off with little stress or strain on your other finances. This book was VERY insightful for me. I learned so much about mortgages that i didnt know before i read this book. It also helped me to see things from a different perspective and save some money on my mortgage. This is a good book for anyone with a mortgage but ecspecially the first time home buyers only because it points out what to look for and how to manage the mortgage.
I would highly recommend this book to anyone wishing to become more financially free. And anyone who wants to understand their mortgage better.
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