Personal Finance
Problem Lending Money To Family Member With Divorce
Lending money to family and friends can lead to problems, particularly if they get divorced. Recovering the money may be even harder. Q: My wife and I are in our late 60′s and two years ago we loaned my son …
Roth 401k vs 401k Contributions
Should you make your contributions into a Roth 401k (post tax money) or make contributions to a non-Roth 401k (pre tax money). Q: My husband and I are trying to determine whether he should continue to make retirement contributions into …
Short Sale Approval Not Possible With Lender
Some lenders are harder to get to approve a short sale. If you are having trouble, here are some ways to get your short sale approved. Q: I own a home, but I bought another home with my boyfriend. I …
Quit Claim Deed From Divorce Not Signed At Refinancing
In a divorce, if one spouse will keep the home, the other spouse should quit claim deed the home before you refinance the loans on the home. Q: In 2008, as part of my divorce decree and to pay off …
Investing In Real Estate With Friend Leads To Problems
If you invest in real estate with friends or relatives, plan ahead. Otherwise, you may find yourself deep with problems when money is short or disagreements arise. Q: My friend and I bought a single family house to make some …
New Year’s Financial Resolutions for 2012
We all should have New Year’s Financial resolutions to help guide us in 2012 and improve our financial health during these financial hard times. Are you tired of thinking about your finances? The Great Recession has had a lasting impact …
Alternative Credit Report Available Now
For people without a credit history but a desire to build their credit, a new law allows you to create an alternative credit report and use that report in a credit application. Q: In our local paper you stated that …
Annual Credit Report Review and Score
If view your free annual credit report and review it, it’s good but it may be differ somewhat with the report pulled by a mortgage broker or lender. Q: I am an avid reader of your column and have been …
Buying a Home For Your Kids
Buying a home for your kids and helping your children out with a home purchase is a noble cause with pitfalls and can affect your retirement. Q: Our daughter and son in law have been renting a house for about …
Top 4 Real Estate New Year’s Financial Resolutions
A recap of the 2011 real estate market and the top 4 real estate New Year’s financial Resolutions with real estate and personal finance advice Over the past 18 years that we’ve been writing this column, we’ve offered New Year’s …
