Monthly Archives: July 2024
Reverse Mortgages and Your Estate Plan
By now, you have heard the young people complaining about how the only way to be able to afford to buy a house is to have rich parents. Even though homeownership has long been considered the hallmark of financial stability, not everyone whose name is on the title to a house feels financially secure. … Read More »
Zero Down Payment Mortgages Are Here Again
Mortgage loans are prohibitively expensive; this is hardly breaking news. Housing prices are so far outside people’s budgets that the only way to lower your mortgage payment to something that you can qualify for is to make a sizable down payment, but rent is so expensive that no one can save for a down… Read More »
Short Refinances
You can tell that trouble is brewing in the housing market because people have started resorting to unconventional methods in order to obtain and keep home mortgage loans. For example, it is so difficult to qualify for a home mortgage loan, given the astronomical interest rates, that assumable mortgages are experiencing a resurgence in… Read More »
LLC Operating Agreements
Starting a business is easy, but making it profitable is not. To incorporate a business, all you have to do is file a form, and then you can get to work marketing your products or services. When things go wrong, though, you often wish that you had more written agreements to rely on so… Read More »
ABC As an Alternative to Bankruptcy
The decision to close a business can come as a relief. You might be walking away from an unsuccessful venture so that you can start a new one that has greater chances of success. Perhaps you have decided to get out of the entrepreneurship game all together and just work a boring desk job,… Read More »
