Powered by Max Banner Ads Did you know most of the foreclosures taking place now could have been avoided? With all the foreclosures taking place because of adjustable rate mortgages (ARM’s), this could have been avoided if the lender had put families in a 30yr fixed mortgage. During the real estate boom, individuals that had less than perfect credit were put into sub-prime loans. There were millions of families put into sub-prime loans that had the qualifications to go FHA, ... Read Full Story

 Powered by Max Banner Ads Deadbeat. The term is referenced in the dictionary as “One who tries to evade paying debts”. Even Black’s Law Dictionary defines the term as “A person who does not pay debts or financial obligations”. So is may surprise you to learn that the credit card companies use this term to describe people who actually pay their balances in full. Every month. Month after month. This of course is not official, just behind the scenes. ... Read Full Story

 Powered by Max Banner Ads Mortgage fees and terms can be confusing and frustrating. Mortgage and financing terms are like another language. Yet, if you have a firm grasp of at least some essential terms, the more you can potentially save yourself in headaches and money. You should start by looking at the mortgage fees or costs; what fees are legitimate, and what fees you should be wary of, with a few lessons of wise financing along the way. The mortgage origination fee – Thi... Read Full Story

 Powered by Max Banner Ads Your credit score report can be affect by more than your available credit history. We talk about how credit cards, mortgages, car loans, and any type of loan that reports to all 3 credit bureaus will affect your credit score. We don’t always talk about utility companies and how they can have a negative impact on your credit report. Here are utility companies I like to consider non-creditors. In other words these companies don’t give you a line ... Read Full Story

 Powered by Max Banner Ads If you have a property you own and can’t sell, you’re probably wondering what your choices are. A rent-to-own may be a viable option. Creating a rent-to-own scenario is very simple. Take for instance the property you own. Find a buyer to lease it for a designated period of time and give them the option to buy that property when they come to the end of that time period. This strategy may also be known as “lease with option to buy”... Read Full Story

 Powered by Max Banner Ads Many Americans are all-too-familiar with the aggressive tactics of today’s collections agencies. Perhaps they checked out a surprisingly expensive library book or two while in college and then forgot about it; perhaps someone stole their credit card and ran up a huge bill. Years later, when they least expect it, these innocent people get mean, threatening phone calls. Agencies and corporations whose names these individuals have never heard of suddenl... Read Full Story

 Powered by Max Banner Ads Often the best method to deal with debt is to avoid it entirely. Of course, prevention is not a very widely used approach as the sheer numbers of Americans in debt clearly testifies. This does not mean that there aren’t many trying to claw their way out of the hole they dug for themselves; there are thousands doing that every day. But, what can you do to avoid debt in the first place? The answer to this question is so important for many people in ... Read Full Story

 Powered by Max Banner Ads Here’s the basic definition of a contingency: it’s a condition or event that must be fulfilled before a real estate contract is binding on all parties involved. There can be many contingencies in contracts. A typical example involves inspection of the property: “This contract is contingent upon a satisfactory inspection of the home being completed by January 16 that reveals no significant defects. If defects are discovered, the Seller wil... Read Full Story

 Powered by Max Banner Ads  Well I guess the anger of tax payers have congress finally putting some bank restrictions in place. This is great news.MJ Jensen clipped from news.yahoo.com House passes credit card bill that helps consumers WASHINGTON – Riding a crest of populist anger, the House on Thursday approved a bill to restrict credit card practices and eliminate sudden increases in interest rates and late fees that have entangled millions of consumers. The l... Read Full Story

 Powered by Max Banner Ads  I like this article because of the potential toxins and other un-natural items add to the American foods you eat. clipped from fitandbusydad.blogspot.com The 3 Foods Busy Dads Should Never Eat. EVER. I got into a heated discussion with some of my clients after one of my bootcamps last week. The topic of “discussion” was healthy food OR what one perceives to be healthy food. Big business does a great job of running g... Read Full Story