Such negotiators are often sought by sellers, typically homeowners who are underwater on their mortgages and can’t keep their homes, to broker the short sale in exchange for charging short sale fees. Some negotiators also have the expertise and legal authority to aid in debt negotiations between the lender and seller, allowing sellers to eliminate or reduce debt arising from the deficiency between the proceeds and mortgage balance in a short sale transaction....
Whether you should make a short sale or let a home go to foreclosure depends on several factors. For example, you may be able to buy your next home sooner with a short sale than a foreclosure. While for some homeowners, it is easier to throw up their hands and let the bank take the home, that might not be the wisest thing to do. Regardless of which approach you choose, always obtain legal and tax advice before deciding....
In the second to last column, it tells you total interest paid. Scroll down to the bottom and you will see the total interest paid. Now scroll back up to where it states “add additional monthly payment” type a reasonable number into it. Scroll down, and see the total interest paid. Subtract this lower number from your original number and that will be your savings on interest. The calculator will also tell you your new payoff date....
Of course, eventually you’ll have to tell your boss that you’re looking for a new job. But deciding when to reveal that you’re making moves can be tricky. Should you keep it quiet until you have a job offer in hand—or tell your manager earlier in the process? What to Consider Before Talking to Your Boss The answer is that it depends. It depends on you, your boss, and what your workplace is like....
This weekly credit card news roundup contains what you should know about the cards in your wallet, other available offers, and new product announcements or reports that made us step away from our Twitter feeds (for a moment, anyway). What’s the Lowdown? Here’s what caught our attention between Jan. 15 and Jan. 21, 2021: Secured Cardholders Who Skipped Card Payments Last Year, Hang Tight If you’ve been using a secured credit card to rebuild your credit (or to get started), but are itching for a more appealing rewards card with a higher credit limit, pause for a second....
The SIMPLE IRA works well as a start-up retirement plan for small employers who do not currently sponsor retirement benefits like a 401(k) plan or a 403(b) plan. Like other kinds of individual retirement accounts (IRAs), employees in the program can choose to make salary reduction contributions, and the employer makes matching or nonelective contributions. How the Plan Works In a SIMPLE IRA plan, the employer establishes an IRA for each employee....
By and large, airline partnerships are a boon for consumers since they make it easier to book complicated itineraries. They can also help you get significantly more value out of rewards miles that you earn with an airline credit card or a travel rewards credit card. This may take some digging and research, but it can be worth your time. To learn more, read on. Airline Partnerships: Core Details If you hope to make the most of airline miles you’ve accrued or earn more miles each time you fly, understanding airline partnerships and how they work is crucial....
There are also pre-built desktops retailing under $500 that still deliver great power and storage space, as well as high-end desktops that will future-proof your office from needing to swap out individual components. From options for creative professionals to compact models, here are the best desktop computers for every need. The front and rear of the PC tower offer plenty of USB-C and USB Type-A ports to plug in external memory storage and peripherals....
White-collar jobs can encompass many positions, such as those that involve software, administrative work, law, or other technical functions. Based on statistics from the U.S. Bureau of Labor Statistics (BLS) on growing fields and salary pay, along with interviews from career experts across the country, we list seven white-collar jobs that will grow about 30% or more in the next decade and pay over $75,000. Nurse Practitioner A nurse practitioner works in a hospital, physician’s office, clinic, government agency, or managed care facility....
Still, it’s worth keeping things in perspective—even at 2022 highs, gas was actually costlier in the past if you take inflation into account. Gas wasn’t the only thing that saw rapid price hikes. The cost of food, especially groceries, rose dramatically, to the point where some people began to wonder whether it was worth cooking at home instead of eating out anymore. Inflation and higher interest rates also caused 38% of U....
A private mailbox located at either a UPS Store, from PostNet or PakMail, or from a locally owned mailbox rental company is much different than just having a post office mailbox (P.O. box). A private mailbox offers you many advantages. The Benefits Reliability. No more missed deliveries because they required a signature from the receiver: When you have a private mailbox for your home business, there’s always someone there during normal business hours to receive your packages and oversized mail on your behalf....
Here you are with check in hand and your bookkeeper says, “How do you want to book this? Is it a loan? Or an investment?” There are tax consequences and risks to each course. Lending Money to Your Business If you are opening a partnership or limited liability company (LLC), in most cases you will need to make an owner contribution as your share of the business capital. In this case, you would be making an investment, not a loan....
If so, you’re missing out on a big opportunity. First impressions are important, but when it comes to job interviews, last impressions are also a pretty big deal. They’re your final chance to make sure the hiring manager knows that you’re the best candidate for the job. Play your cards right, and you might even use those last moments to score a job offer. The Best Ways to End a Job Interview Confirm Your Interest in the Job The closing of an interview is a great opportunity to express your enthusiasm for the job....
Considerations Before investing in the BRICs, investors should first familiarize themselves with emerging markets. With a little basic research, international investors can build a solid understanding of emerging markets and some of the ways to gain exposure to their economies. Definition: The term “emerging markets” is thrown around a lot in the world of international investing, but it’s difficult to pinpoint an exact definition. Instead, it is better to learn about the key characteristics of emerging markets, how to identify the most promising emerging markets, and the best way to build them into an international stock portfolio using ETFs and mutual funds....
The legal industry offers hundreds of other career options. You’re not limited to only practicing law. You might teach, manage a firm, or even serve in political office. Practicing law might be the most consistently lucrative option, but you also have many different fields of law to choose from if you take this route. Trial Lawyers Trial lawyers are among the highest paid legal professionals in the world. Thousands practice across the globe, but civil litigators who handle high dollar, high profile and high stakes cases are the most highly compensated....
The median cost for a full-time home health aide in the U.S. is $4,576 per month, according to Genworth. If you don’t need full-time care, the costs will be lower, and Medicare may pay some of these costs. The median cost for full-time homemaker services nationwide is $4,481. Another option related to living at home is adult daycare. This choice is much like assisted living, but you live at home or with a family member and spend either the entire day or a portion of the day at a care facility....
But some ways of reaching out to friends and family lead to better results than others. Get tips on how to network with people you know, as well as examples of letters requesting job search help. Tips for Asking Friends and Family for Job Search Help One of the best ways to reach out to family and friends is through an email or letter, but it’s fine to make a phone call if you’d prefer....
Real estate training companies have capitalized on short sales by offering a ton of training programs for agents and making up their own certifications. However, an agent can’t learn how to be a short sale agent in three hours. So don’t fall victim to choosing a short sale agent solely on credentials because those credentials might be worthless. Should Your Real Estate Agent Help You to Choose a Short Sale Agent?...
The average rate offered to homebuyers using a conventional 30-year fixed mortgage—the most popular type of home loan—rose to 3.85% from 3.83% the previous business day, reaching a fresh high not seen since 2020. (Our daily mortgage rate data goes back to April 2021, but our data on yearly highs and lows dates back to 2020, so we know it was higher in March 2020, when it rose as high as 4....
The average rate offered to homebuyers using a conventional 30-year fixed mortgage—the most popular type of home loan—dropped to 3.76% from 3.85% the previous business day, when it was at its highest since 2020. The average for a 15-year fixed mortgage fell to 2.86% from 2.92% the previous business day, also the highest point since 2020. Fixed mortgage rates tend to track the direction of 10-year Treasury yields, which usually rise with heightened inflation fears (and fall when those fears subside....
