Sunday, July 4th, 2010 at
8:02 am
A few months ago we got a letter from the Superior Court of California stating that the house we are renting is in foreclosure because the property management company we were paying our rent to filed bankruptcy. We had another property management company come in and take over the rent collections for the bank as ordered by the court. We did not sign any landlord/tenant agreement with them. They have already tried to charge us a late fee (even though our rent was not late) but can they legally even charge us without any written agreement? And what happens with our deposit?
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Thursday, July 1st, 2010 at
12:12 pm
- ISBN13: 9781426702389
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
Product Description
When Libby’s husband Greg fails to return from a two-week canoe trip to the Canadian wilderness, the authorities soon write off his disappearance as an unhappy husband’s escape from an empty marriage and unrewarding career. Their marriage might have survived if their daughter Lacey hadn’t died…and if Greg hadn’t been responsible. Libby enlists the aid of her wilderness savvy father-in-law and her faith-walking best friend to help her search for clues to he… More >>
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Thursday, July 1st, 2010 at
3:40 am
Just out of school and considering buying your first home? You’ll be surprised how easy it can be to qualify for a loan. Too often, the newly minted workforce doesn’t realize the confidence lenders have in their ability to be responsible homeowners.
Ok, so Mom and Dad told you that you need to buy a house. You’ve graduated from college and you’re earning a decent income. Even though you don’t feel like it most of the time, you are officially all grown up. But you ask yourself, “I’m only twenty-four years old, who would possibly loan me money to buy a house?”
First time homebuyer programs are established with flexible guidelines to attract – you guessed it -first time homebuyers! You are in a great position to buy a home provided you have established some history of decent credit. Even if you don’t have traditional lines of credit to show for yourself, you may have established non-traditional credit and not even realized it. Do you have utilities, a cell phone and cable bill in your name? Have you paid them on time for 12 months? Then you have established non-traditional credit. Granted, many of you already have a credit card or gas card in your name. That’s why Dad wanted your name on it, too. Good thinking on his part. At the time, you were just excited to get the credit card “for emergencies.” It didn’t even occur to you that you were establishing a good credit history.
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Wednesday, June 30th, 2010 at
1:42 pm
We encourage our kids to plan for their future, but we seldom include buying a first home sooner than average as a path to building that future. Let them know buying a home is easier than they think.
Most of the people who read this column are not first time homebuyers. The fact of the matter is many of you that are first time homebuyers and reading this article are relatively mature individuals who are fighting off your commitment fears of being tied to a mortgage. But there is a huge segment of the population that could buy their first home, yet it doesn’t occur to them to do so. Who are these people? Well, it’s your 24 year old son or daughter, new to the work force, and is throwing away money on rent somewhere. Encouraging your children to buy a home when they are young is some of the soundest financial advice you can give them. Equity in a home is an easy way to grow one’s portfolio with very little investment. But the fact of the matter is it doesn’t occur to most of us to encourage the younger generation to buy early in their lives. And trust me, it rarely occurs to our kids themselves to consider buying a home in the early twenties. They are more concerned with buying a new Halo 3 for their Xbox.
Why do so many people miss the boat on this opportunity? It could be they plan to be in the area for only a short time because they will job hop to advance their career, thus viewing a mortgage as “too permanent.” I counter to simply sell the house when you move. Or maybe they expect their income to double or triple over the next three years. I say buy a home now, then upgrade to a new home; sell or rent the old house. Investing in real estate is a proven, safe and solid return on investment. And with the right combination of credit history (or a history of paying utilities, cable and your cell phone on time) and no money down, you or someone you care about can start investing in the future.
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