If you don’t currently own a home NOW is the most opportune time since the Great Depression to purchase one. Time is running out to take advantage of the federal government’s $8,000 tax credit (American Recovery and Reinvestment Act of 2009) for qualified first time home buyers.
Foreclosure is a legal process whereby a lender regains a property that they have financed through a loan to a borrower. This happens as a result of the borrower getting behind on payments and is unable to catch up. When the lender forecloses, the homeowner must vacate the property, losing possession of the property and forfeiting any equity that the homeowner may have in the property.
The first part of a new credit card law went into effect last month that gives consumers more information about potential changes to their accounts, but still gives lenders a long rope in how they handle individual credit card accounts.
SAVE! The idea of saving can seem like the impossible dream when you are living paycheck to paycheck like so many are, but there are ways to save without devastating your monthly budget.
