The Need for Affordable Housing
During the last 3 years, we have experienced a tremendous appreciation in the priced of homes in Palm Beach County, with a 30% increase in the last 12 months. This has created a situation where the average wage earner is not able to afford a home.The average price for a condo is $155,000, townhouse ...
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What Is Term Life Insurance?
There are two different types of life insurance, term life insurance and permanent life insurance. Term life insurance is the easier of the two plans. This plan supplies you with death protection for a pre-determined amount of time, anywhere from one to 30 years. If you happen to die while ...
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Seven Frequently Asked Questions About Energy Star Homes
1. What is an Energy Star Home? According to the U.S. Government, an Energy Star qualified home uses at least 30% less energy in heating, cooling and hot water, than those built according to the 1993
National Model Energy Code. Energy Star homes may use even
less energy than homes built before ...
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Are Interest Rates Up, Up and Away?
Interest rates have been at their lowest levels in over 40 years. U.S. consumers have been able to purchase previously unaffordable homes, cars and other toys. Many have used cheap home equity loans to remodel, take vacations and pay off credit cards. Students have taken advantage of the ...
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Taxation of Forgiven Debt: The 1099C & You
Often people fall on hard times and stop paying on credit cards. After a while the account may go to an outside debt collector who might offer a settlement of the debt for 30-40% of theoriginal sum. Once this is paid, the debtor often thinks the matter is closed, but it is not! It is very likely ...
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Equity
Equity is the value of your home minus what you owe on your mortgage. For example, If Joe's home is worth $200,000 and Joe still owes $170,000, then Joe's Equity is $30,000.All homeowners in Atlanta Georgia and surrounding counties should be aware of the Rule of 50/20. For most mortgages, after ...
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Should You Use a Property Management Company or Manage Your Real Estate Investment in Florida?
When considering investment properties, first of all, it must be determined that it is profitable and a good idea to purchase rental properties. Lets talk about this aspect. Owning rental property produces rental income which, if after expenses are deducted produces a profit, would be viewed as ...
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Top 10+ Ways to Jumpstart your New Years Finances!
Of course, these don't have to be done in any particular order!
Just pick one or two that particularly apply to your situation. * Create your 2005 filing system. This might include new file folders, a new box to hold them or space in a filing cabinet with easy access. Mp>* Set up a folder to ...
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Credit After Bankruptcy - What To Expect
If you have recently filed bankruptcy, it won't be long before you are starting to ask yourself, "Ok, now, what do I do when I need a loan? Where do I got to get approved? Can I get approved?" Here are some overall basics about getting any kind of credit after a bankruptcy.2-3 Years after ...
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Why The Vacation Home Sale Market Is Unsustainable
The rental market and Vacation Home sale market is unsustainable. Property prices are still rising by appalling amounts.Yes thats great on the surface, but match todays house prices with what people are quoting for rentals. Anybody seen a 20 or 30% rise in their income from guests?Anybody seen ...
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Make Sure Your Credit Report Is Correct to Improve Your Interest Rates And Lower Insurance Premiums
Did you know that you could make sure to get the best rates on your auto and homeowners insurance simply by having a good credit score.Additionally a great credit score will allow you to get the best interest rates on your credit cards, car loans and even your home mortgage. With interest rates as ...
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Credit Scoring: What You Don't Know Can Hurt You
You've probably heard the term credit scoring. You may have some idea that your credit score can have an effect on your life. For example, you may understand that when you apply for a mortgage, the mortgage company will check out your credit score.But did you know that the interest rate you can get ...
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A No-Brainer Way Of Getting Credit And Credit Cards
What Is Your Credit Rating Now?If you have any charge accounts now, or have ever borrowed from the bank to buy a car, or if you ar paying on a mortgage, there is credit information on you.Up until a few years ago, you could only guess at what your credit rating was, because the credit bureaus who ...
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Term Life Insurance
Term Life Insurance is one of the purest forms of life insurance in the sense that it provides a level death benefit in exchange for a premium.Death benefits for term life insurance are traditionally level, neither increasing nor decreasing over the term of the policy. This is in contrast to ...
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