There Is No Secret To Getting Rich

On August 13, 2009 By

Think about it. There are thousands of millionaires. Some of them fell into it; some of them worked hard to earn it. Those who worked hard, probably still have it. The most powerful wealth building tool that you have is your income.

When you fill a bathtub, you plug the drain. If you don’t, all [...]

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It’s a Bottom Line Issue

On June 19, 2009 By

A recent post on raincityguide.com got me going about the bottom line when it comes to short sales.

The article, written by Ardell, touches on the apparent importance of the assets that a property owner may have that could affect the bank’s decision regarding whether or not a short sale will be approved.

At present, [...]

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The Effects of a Short Sale

On June 16, 2009 By

There is speculation across the industry when it comes to the real effects of a short sale.  The truth be told, there is no one right answer to the question, “What are the effects of a short sale.”

So, you say, “What are the effects of a short sale?”

Firstly, as a REALTOR it is [...]

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Low-Ball Appraisals Cause Problems

On June 5, 2009 By

The original article was posted on the NAR website and I have re-posted it here. I don’t typically copy others’ articles since I enjoy writing my own, but for the sake of getting the word out, because I am in the middle of this problem right now, I thought I’d pass it along:

Real estate [...]

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Is There A Benefit to Foreclosure vs. Short Sale?

On June 3, 2009 By

When you consider the fact that whether or not you are able to sell your home before the bank forecloses, the bank will eventually foreclose if you don’t pay your mortgage, it would be beneficial to you to at least attempt to sell the home before that happens.

It’s really not Foreclosure vs. Short Sale

[...]

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Before Baby Step One: Getting Current

On April 13, 2009 By

I’m a Dave Ramsey convert. Over the past “fill in the blank” years, many of us, including myself, have thought ourselves to be masterful in our money management, trading higher interest rates for lower, moving money back and forth, leveraging other people’s money to get ahead, etc.  In speaking with many people about money [...]

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Should I Buy a New Or Used Car?

On March 14, 2009 By

Used.  Always used.  Buying a new car is one of the worst financial decisions I have ever made.

Monthly Payment

The monthly payment is the first thing that everyone looks at when they finance a car.  Why?  Because they live in a cash flow mentality.  In this economy, cash is king.  If you don’t have [...]

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