As more homeowners are struggling with buying a home, selling a home, or facing foreclosure, they’re more at risk for a loan scam. Watch out for these red flags for home loan and mortgage loan scams. If people are desperate, they will be willing to give money to someone that is selling an idea [...]
Lots of homeowners are struggling through the real estate recession—their home values have been slashed, their mortgages are underwater, they’ve lost jobs, and they can’t pay their mortgages. Sound familiar? These homeowners are facing foreclosure or are attempting a last change loan modification—and they’re getting desperate. The next year doesn’t seem to be looking any [...]
When I decided to buy a home in 2006, I had to figure out what I wanted. I decided, as a single female buying a home, that a condo was the way to go. I had owned two houses previously and realized that, after avoiding a lot of the work that goes along with owning [...]
Pay Yourself First: Excerpt from The Smartest Money Book You’ll Ever Read Dan Solin is out with a new book, “The Smartest Money Book You’ll Ever Read,” in which he answers some of your top retirement and retirement strategy questions. “Putting money away systematically is the best way to “dollar cost average” and save for retirement.” [...]
A big question asked by lots of employees and job seekers of their current or prospective employers is, “What kind of benefits do you offer?” Many Americans get their health care coverage through their own employer’s insurance plan or a spouse’s group health insurance policy, but for small businesses (those with fewer than 50 employees), [...]
Have you seen signs or commercials advertising an SR-22 in relation to your car insurance policy? Are you confused about whether it’s something new that you have to have for your insurance policy? This FAQ will explain what an SR-22 is and why you might need it. What is an SR-22? An SR-22 is not [...]
Looking for a hot new car? You better start thinking about saving money on your next auto insurance policy. The annual Auto Show is coming to Chicago this weekend, as it begins to make the rounds nationally, and car manufacturers will be offering deals to tempt you into buying the newest model. According to the [...]
Problems selling a home are plaguing homeowners, but it’s not the only issue facing the housing market. If you’re a senior and you own your own home, you are more likely to be targeted for a home-related scam, according to the FBI. And with the number of reverse mortgages (also known as a home equity conversion mortgage [...]
Selling a home isn’t an option for every homeowner, especially in today’s real estate market. If you’re house rich and cash poor, you might be looking for ways to tap into your home’s equity in order to have enough money to live on. A reverse mortgage is a government-insured home loan that lets homeowners convert [...]
