Archive for February, 2010
The new consumer credit protection law will kick in soon… but already Banks have found huge loopholes. You can expect to be pressured into ordering overdraft protection for your Debit Cards with your Bank or Credit Union. There may be mailings with warnings that without extra overdraft protection..for a fee, your Debit Card may not [...]
Filed under: Financial Planning, Richard Pomisel, Saving Money | Leave a Comment
This credit card has a 79.9% interest rate…. and it is legal!! And it will still be legal when the new “Credit Card” protection laws kick in. The consumer protections that we asked for to protect us against predatory lending have been so watered down that the Credit Card Companies have adjusted, found loop-holes and [...]
Filed under: Financial Planning, Richard Pomisel, Saving Money | Leave a Comment
I received three email inquiries this month asking about how they can build wealth from working a regular job. They felt discouraged by the bad news flying around with this recession. One thing in common is that they are all renters with families under 40 yrs old. Today is the ideal time to get started [...]
Filed under: Buyer Advice, Financial Planning, Good Deals On Homes, Housing affordability, Income Taxes, Property Management, Real Estate Bubble, Real Estate Investment, Residential Real Estate, Retirement Planning, Richard Pomisel, Saving Money, Stop Renting | Leave a Comment
It’s time again to prepare your personal tax return. Knowing where the audit red flags are can help you prepare your return properly. Some audit red-flags are obvious and some are not. I found this story and thought it would be helpful to share with my many blog readers. If you do not receive the W-2′s from [...]
Filed under: Financial Planning, Income Taxes, Real Estate Investment, Residential Real Estate, Saving Money | Leave a Comment
The Phoenix Metro Area did not make this list. This is very surprising to many that live there. Phoenix is digging for ways to increase taxes due to their budget shortfall. I have one question for the various city and state governments of the Metro Phoenix Area and elsewhere around the country. My question is [...]
Filed under: Buyer Advice, Financial Planning, Good Deals On Homes, Housing affordability, Income Taxes, Phoenix Real Estate, Real Estate Bubble, Residential Real Estate, Retirement Planning, Richard Pomisel, Saving Money, Selling Home for Best Price, Stop Renting | Leave a Comment
Losing one’s house through Foreclosure to the lender can be a most demoralizing experience. There is some great news for Arizona Home Owners who are losing their homes by Foreclosure. Arizona is one of only 7 “non- deficiency” States. That means the Bank can not come after you for any shortfalls on what is due them [...]
Filed under: Foreclosures, Home Sales, Loan Forebearance, Loan Modification, Phoenix Real Estate, Real Estate Bubble, Residential Real Estate, Richard Pomisel, Selling Home for Best Price, Short Sales | Leave a Comment
You may be thinking, {“What! … a Real Estate Professional saying that home ownership may not be right for me?? I don’t believe an agent would say that to me with a straight face and really mean it! I thought all agents wanted to sell every house they could to anyone they could to make [...]
Filed under: Buyer Advice, Financial Planning, Good Deals On Homes, Home Sales, Housing affordability, Phoenix Real Estate, Real Estate Bubble, Real Estate Investment, Residential Real Estate, Richard Pomisel, Saving Money, Stop Renting | Leave a Comment
