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The Downside of Walking Away from a Mortgage
Tweet Share on Facebook May 12, 2011 Comment (1)Believe it or not, an estimated 11 million people are underwater on their mortgage. That means they owe more to the lender than their home is worth. Because of this, many people are considering a strategic default, or what is known as “walking away from a mortgage.” If you feel this way, you are not alone. As a matter of fact, even the most credit-worthy consumers are considering walking away from their mortgage.
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5 Common Mortgage Mistakes
Tweet Share on Facebook May 10, 2011 Comment (1)It’s baffling that people spend more time researching a vacation or a car purchase than they do shopping for a mortgage, but they do. A recent mortgage survey conducted by Zillow Mortgage Marketplace concluded that nearly half of prospective home buyers don’t understand essential mortgage information. If you need a mortgage and don’t like throwing away your hard-earned money, learn from these common mistakes below.
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3 Ways to Juice Up Your Savings
Tweet Share on Facebook May 9, 2011 Comment (2)Years ago, the news was filled about how Americans didn't save enough of their money. Nowadays, with the recession, it seems that all Americans are making sure they are saving a little each month for a rainy day.
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8 Simple Ways to Save Money When Renting
Tweet Share on Facebook May 9, 2011 Comment (2)Rent is usually the biggest item on everyone’s budget. The average American renter spends about 35 percent of their gross income on rent and rent-related expenses. Fortunately, you don’t have to break the bank to keep a roof over your head. Here are eight simple ways to save money when renting.
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How to Talk with an Architect
Tweet Share on Facebook May 6, 2011 CommentCommunication is critical in home design projects. How well you and your architect communicate will affect how closely the design meets your needs and how much of your personality and tastes end up in the final project.
You don’t need a master’s degree in architecture to have meaningful conversations with your architect; here are six ways to make sure your message is getting through.
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5 Things to Look for When Hiring a Contractor
Tweet Share on Facebook May 4, 2011 CommentIt’s spring, which means for many of us, it feels like it's time for some remodeling—perhaps a sprucing up of the kitchen or an upgrade on the bathroom. We’re not alone with our desire to renovate—homeowners who have put off small projects are now feeling more confident about the economy and beginning to spend more freely.
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5 Tax Facts About Helping Tornado Victims
Tweet Share on Facebook May 2, 2011 CommentDozens of tornadoes in late April were responsible for the deaths of more than 300 people and billions of dollars in property damage in Alabama, Georgia, Mississippi, and Tennessee. There has been an outpouring of support to help these tornado victims. While tax results should not be the only factor in lending a hand or making a contribution, it can influence your decisions. Here are five tax rules to know.
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10 Signs Your Date is a Financial Dud
Tweet Share on Facebook May 2, 2011 Comment (2)Despite the fact that money issues tend to be one of the main causes of breakups, many people miss the financial red flags when they are dating. Do you know if your date or significant other is a financial dud? Here are ten signs to watch out for.
