Closing a long-held credit card can damage your credit score. Is there a way to close a credit card account without it affecting your credit score or credit history? One option may be to negotiate with the credit card company to switch the account number to a credit card without an annual fee.
Know your rights if you have a complaint about your real estate agent. If your real estate agent has broken a law, you can file a complaint with your state's regulatory agency, the Better Business Bureau, and the National Association of Realtors. If your real estate agent has committed a criminal act against you, contact the police. But make sure you have a true complaint against your real estate agent and not just a minor disagreement or frustration because your property has not been sold.
A mother-in-law passed away and her son and his wife took over the mortgage payments including mortgage interest. Can they deduct mortgage interest on their taxes even though their names are not on the mortgage? Yes, because they will use the property as a primary residence. Consult the IRS web site for more information on mortgage interest tax deductions.
It may sound great when you hear you're pre-approved to refinance your mortgage loan. But how can you figure out whether the mortgage lender who wants to refinance your loan is credible, especially after the mortgage crisis? You can call the Better Business Bureau (BBB) and check out what other mortgage lenders such as credit unions, large national banks and mortgage brokers offer. You can also use an online search engine to check for news on the mortgage lender or broker you're considering.
Always need a coffee mug in your hand? Planning a long car trip? Oxo's got the perfect travel mug for you. The 360 degree Oxo travel mug is innovative, neat and portable. Oxo's travel mug makes drinking mess free and easy with smart 360 degree drinking design. Check out this Expert Real Estate Tips segment to learn more about the perfect travel mug by Oxo.
The Internal Revenue Service announced the 2009 optional standard mileage rates for 2009, which are used to calculate deductible costs on taxes. The r...
A recent survey commissioned by AARP found that 79 percent of baby boomers want to stay in the home they are currently living in. Less than 10 percen...
When you own commercial real estate with a former spouse and decide to remarry it may require clarifying the assets you hold. To resolve who's liable for paying the mortgages, it may mean signing a quit claim deed or other documents. But before signing anything about your commercial real estate holdings, you should consult with an attorney to understand what you're signing. And before getting married, inquire about a future spouse's financial obligations.
More and more condo owners find themselves in a situation where they're sharing a building with renters. In some cases, developers convert apartments into condos and in years past they could sell the units. Selling condos has become more difficult during the credit crisis. What can a condo owner do when he can no longer afford to make payments and the lender won't work with him? His options include recourse against the lender or seller and working with a new lender to stay in the condo.
If you're trying to sell your old home to buy a new one but can't, you may want to rent a second home until the real estate market improves. Instead of struggling to pay two mortgages on a primary residence and second home, consider renting the second home. Save up money for a new home purchase while keeping your credit score intact and avoiding foreclosure or a short sale.
