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Get Your Finances Ready for 2012

Key points • The new year is a great time to reevaluate where you stand financially. • Consider these five resolutions to reshape your finances in 2012, including tips on budgeting, estate planning and more. • Helpful information for everyone, regardless of age or income. It wouldn’t be the new year without resolutions. But whether [...]

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Bank of America Listens to Debit Card Fees Outcry, but Ignores Foreclosures

It is undeniable that social media has made it much easier for people to bind together toward a common cause. Occupy Wall Street protestors have utilized social media to gather people in various cities across the country, many of which are protesting foreclosures and occupying abandoned buildings. Recently, Bank of America (which has been a [...]

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Make the Most of Your Tax Return

Are you expecting a tax refund this year? If so, you probably already have plans for how you’re going to spend it – new clothes, a weekend trip, that big screen TV you’ve been waiting to buy.  This year, instead of going on a shopping spree, why not put that money to work for you? [...]

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An Advanced Understanding of the Dayton Ohio Foreclosure and Short Sale Process

The Dayton Ohio Foreclosure and Short Sale Process can often be confusing and hard to understand. This article is intended to offer an in debth understanding of how Short Sale and Foreclosure process works in the Dayton, Montgomery and Miami county Ohio area however much of it is applicible throughout the country. If you or someone you know in the Dayton Ohio area is behind or about to be behind on mortgage payments it is important you know all your options before rushing to a decision. More articles on the topic can be found at http://www.GregGreenwald.com

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Credit Reports How To Obtain FREE Credit Reports

Credit score is critical no matter what we will do in life, job applicant, insurance (car or homeowners), Dallas houses for rent, Dallas homes for sale. If your scores are below 630 most likely you won’t receive a mortgage OR double deposits in rent(s), higher interest rates purchasing a car.

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Gulp, $35 Million Hilbert Mansion Sells for $3 Million

It must be heart-breaking to see your $35 million home be sold for just $3 million. Former CEO Stephen C. Hilbert and his wife Tomisue lost their home to CNO Financial, formerly known as Conseco, in order to make up for outstanding debts with the company. The lavish French country estate had been for sale [...]

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Surviving Your Subprime Loan

At first subprime loans seemed like a fantastic concept. These loans allowed people who would not have been able to purchase a house become home owners. This was a dream for those who just obtained their real estate license. Brokers and real estate salesperson were making great money. The problem though is that financially, many [...]

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Credit Card Debt what to do when you lose your job can you still apply for a loan modification?

Applying for the government loan modification foreclosure prevention plan if you are unemployed.

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How to Rebuild your Credit after a Foreclosure

Probably the most important work you will face post-foreclosure is rebuilding your credit. While foreclosure has a very serious negative impact on your credit score, you should keep in mind that it is but one item in your history.

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Charge Change

And finally… …some good news! No, the housing market has not returned to “normal” (if you can call the recent boom “normal”) and unemployment is still dangerously high (unless you live in North Dakota). But perhaps this recession has taught us a valuable lesson: live within your means. For the first time since 2002, the [...]

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HAMP and a Mortgage Modification Trap!

Usually one of the first three questions a homeowner that has fallen behind on their mortgage asks, “What are my options?” As real estate professionals,  we typically provide the information; Refinance, Reinstatement, Forbearance, Modification, Deed in Lieu of Foreclosure, Foreclosure and Short Sale. Then we explain which options are viable under the circumstances. Such as if the homeowner [...]

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Why are Banks/Lenders so Uncooperative

Subscribe With all the foreclosures and short sales going on, and all us Realtors trying so hard to help our clients, it amazes me how the banks try so hard to be as uncooperative as possible.  My latest experience in this involved a listing that I had been trying to sell for so long it [...]

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Will HAFA Supplemental Directive 09-09 eliminate short sale investor flips / quickturns

I recently posted on this blog the following article Short Sale Heaven Coming April 5th 2010 . Out of it came several interesting comments including a post from an gentleman who sharply disputed my comments  let me know that I’d “been schooled.”  I delayed replying because I thought further discussion of the subject of the [...]

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Country Club Of The South-Jack Nicklaus Designed-Club House In Foreclosure?

A Very popular and prestige golf course and club community, located in Alpharetta, is sceduled to auction the golf course, clubhouse, and club facilities on January 5th 2010. The more than 700 residences are said not to be affected, but I am sure there is such a buzz in the community of Country Club Of [...]

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New Housing Bill

Subscribe   When I first heard about the new housing bill, that would force banks to modify loans to keep people in their homes, or face stiff fines. I was excited. A housing bill that would help keep people in their homes, and slow or stop the dreaded foreclosures. Woo Hoo! How wonderful for the [...]

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Bankruptcy is the evil of today's world

Life is fine when the money if flown in and out of pocket without any disturbance. However, if any issues occur in paying the money to the owner there results the bankruptcy. Debt settlement would be a great hassle for the person who has no money as his liabilities are all evaporated in no matter [...]

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