Monthly Archives: December 2011

Jim Asks… I have accumulated a fairly significant amount of credit card debt over the past year. Unfortunately, I have some bad money habits. What can I do?

You are not alone when it comes to credit card debt, according to a survey done by Card Hub, Americans accumulated over $18.4 billion in credit card debt in the second quarter of 2011 alone. As credit card debt in the … Continue reading

Ashley Asks… Is there a tax advantage for making my January mortgage payment in December?

  Yes, by making your January 2012 mortgage payment before this years end, you may in fact save yourself a substantial amount of money. If you were to pay your January 1, 2012 mortgage bill in advance, by the end of … Continue reading

Marty Asks… I’ve owned a rental property for about 5 years – I’m wondering if in this market – it is a good idea to refinance. Any advice?

The costs you will incur during a refinance of your rental property will more than likely be covered within the first two years at your new rate. Let’s say on the refinance of your rental property you are able to … Continue reading

Amy asks… I want to sell my home and my agent is recommending I hire a home stager – is this a good idea?

For those of you who are not aware, home staging is the act of transforming your home into a place that is appealing to the highest number of potential buyers in the real estate market. If done right, home staging … Continue reading

James Asks… My wife and I are thinking about buying a vacation home in the mountains, how much of a down payment would I need?

The amount of money required for a down payment on a second home or a “vacation home,” all depends on whether you plan on using the home as a true vacation property or if you plan on offering it as … Continue reading

Cindy Asks… I am about to have my home appraised for a refinance… Do you have any quick and easy advice that could boost my homes value?

A low appraisal can make the re-financing of your home challenging for sure. My best advice for someone who is about to meet with an appraiser is as follows; Clean, do some quick maintenance and touch-up on what you can. … Continue reading