Monthly Archives: September 2010

It's clear that the stock market isn't reflecting the reality on Main Street, although it might be reflecting the optimism spouting forth from Wall Street and Washington D.C. This week, the stock market ended up slightly, with lighter trading due to the Jewish Rosh Hashana Holidays. But on Main Street, the suffering continues. Can we recover from the Great Recession without a booming housing market? A new study that looks back over the past 14 recessions, including the Great Depression says no. Are there any bold ideas for the housing market? How to Profit From Foreclosure is our answer to that question. See below for details on the event, which is in three weeks and a 40% DISCOUNT!!! FREE BOOKS and EBOOK DEAL. Sign up for our free weekly newsletter.

Ilyce Glink Show Notes September 12, 2010 - Stock Market Update doesn't reflect reality on Main Street. Optimism at Wall Street and Washington DC. Housing boom needed to get out of recession. Are there any bold ideas for the housing market? Visit Ilyce's blog for more information and money saving tips. Also visit the Equifax Personal Finance Blog for great ways to improve your financial situation.

Don't pay off old debts to a debt collection agency. If a debt collection agency asks you to pay off old debts, don't pay off old debt to the debt collection agency right away. Fair debt collection time frames may expire on old debts.Check your credit history to see if old debts have been forgiven by a debt collection agency. Don't pay off old debt to a debt collection agency unless old debt appears on your credit history.

Should you buy a home or rent a home? Answer the question of should you buy or rent by looking at reasons to buy a home. Compare the costs of buying a home versus renting a home to decide if you should buy or rent. The are pros and cons to each side of buying vs renting. Buy a home if your job is stable and you plan on staying in the area for at least five years. Rent a home if you are unsure about your future. Look at money and job security when deciding to buy or rent.

Homeowners Want FHA Streamline Refinance Program

Homeowners want an FHA streamline refinance program to help the economy. In an FHA streamline refinance program, homeowners current on mortgage payments would refinance their mortgage loans. An FHA streamline refinance program could help the economy and boost consumer spending. Homeowners want to know when a FHA streamline refinance program would develop.

Find a real estate attorney before buying a house. Before buying a house use a real estate attorney to inspect documents and check for real estate legal issues. A real estate attorney can inspect documents and alert homebuyers to title problems and other problems before buying a house. Title issues and property disputes are better to resolve before buying a house. A real estate attorney can also help with legal problems after you buy a house. Whether a first time home buyer or a real estate investor, always find a real estate attorney before buying a house. Find a real estate attorney to go through your documents, negotiate the transaction and watch out for your rights when buying a home.

The wrong name is put on a quit claim deed for a new property. Fixing the wrong name on a quit claim deed depends on who gave you the property via quit claim deed. Talk to a closing agent, settlement agent or title company to find out if you can fix the wrong name on a quit claim deed. The process to rerecord a wrong name on a quit claim deed varies state to state. Talk to a real estate lawyer if the wrong name is on a quit claim deed.

If you have a child getting ready to leave for college, you have plenty to worry about, but what about insuring your new college student? Students will need different insurance coverage than they had under your roof to make sure their property and their new residences are covered in the case of an accident.

Home Value and Self-Esteem: Are We Only As Important As The Size Of Our Bank Balance? Everyone sounds beat up and deflated. Is it only because our home values have shrunk? Or, as our bank balances shrink are we also losing our self-esteem? How tied together are home values and our national and personal self-esteem? Please share your thoughts on the blog.