Monthly Archives: August 2007
Travel Safely — And Keep Hold Of Your Money
There’s nothing worse than getting robbed while on vacation. It can ruin your memories of the trip, not to mention all the time you’ll waste getting n…
Want To Save $200,000?
I’ve been saying it for years: If you can keep a car for at least 10 years, you’ll easily save $100,000 to $200,000 more over your lifetime.
Now, Con…
Refunding Money Down On A Home Purchase
A home buyer put a down payment on a home and then was denied financing. Now the seller refuses to refund the down payment. A financing contingency in the contract will determine if he can get his down payment back.
Lenders Wary Of Low Credit Score
A low credit score can make borrowing money for a home loan difficult. One solution for borrowers with bad credit could be FHA loans and credit unions. But if you have a low credit score, you should be doing everything you can to improve it.
Can Payday Lenders Be Non-Profit?
For millions of Americans, pay day can’t come quickly enough. In fact, many employees run out of cash before the next paycheck is handed over.
Payday…
Estate Planning For Taxes Includes Property Inheritance
With estate planning you can either leave a property to heirs through a will thus creating an inheritance, or gradually give your family members shares of the property through gifts. From a tax perspective, giving property as an inheritance is better. Another factor to consider when bequesting property is how many and which family members may be interested in the property.
Buying Property With Easement
If you are the beneficiary of an easement and you buy that property, the easement is no longer needed and merges into the newly formed property. The easement does not become a “giant easement.” The easement is eliminated.
Wade Cook Going to Jail
Some financial guru Wade Cook turned out to be.
He was great at making millions — for himself. Too bad he didn’t feel like paying taxes on the cash….
Size Always Matters
Rep. John Dingell (D-Mich.) is chairman of the House Energy and Commerce Committee. He is drafting a “carbon tax” bill that would eliminate the mortga…
Creating LLC For Rental Property
An investment property owner created an LLC to protect his assets and transferred the building to the LLC. Now he is worried that the mortgage company will call in the loan. As long as a lender obtains its payments and the property is insured, the lender may not find out that there has been a transfer of the title to a property. Your insurance company, of course, has to tell the lender that the policy has changed and that the new entity is the owner of the property. Ilyce and Sam explain why lenders call in loans after property has changed hands.
