How Long To Recover From A Short Sale – NYTimes.com
#181074386 / gettyimages.com Borrowers who owe more than their homes are worth can sometimes get out from under by negotiating a short sale with their lender. But short-sellers are branded as higher-risk borrowers, so new loans won’t come quickly or easily. A short sale is when a lender agrees to accept less than is owed […]
Labor Shortages In China? Stern Warnings About China’s Falling Fertility Rate – Real Time Economics – WSJ
Reminds me of the old economics adage – ‘demographics is destiny.’ The economic fears about China economically taking over the world are likely overblown. China having a lower birth rate than France and the US. Rob China’s total population continues to grow, but the nation’s working-age population—those between the ages of 16 and 59—has dropped […]
The Great Delay: Student Debt and Homeownership | Eye On Housing
The Great Delay: Student Loan Debt and Homeownership BY JOSH MILLER on SEPTEMBER 10, 2014 • (1) A record number of millennials, individuals aged 18 to 34 years, are delaying household formation. This Great Delay, instead of the forbearance of impending doom, may actually be a sign of prudent economic decision making from a generation […]
Consider These Tips If You Are New To Renting Out Property
DO YOUR HOMEWORK. Stay on top of laws pertaining to deposits, military clauses and evictions because they can change from year to year. Also, talk with your insurance representatives about rental property insurance and flood insurance. SET ASIDE AN EMERGENCY MAINTENANCE FUND. Roofs leak, plumbing breaks and refrigerators die. Make sure you can promptly cover […]
Quiznos, Cold Stone Creamery, Planet Beach – Franchises With Above Average Failure Rate
Quiznos, Cold Stone Creamery, Planet Beach Franchising and Huntington Learning Centers Inc. ranked among the 10 worst franchise brands in terms of Small Business Administration loan defaults. Franchisees of the 10 brands in the ranking defaulted at more than double the rate for SBA borrowers who invested in all other chains, according to a Wall […]
Social Security Claiming Strategies-Online Tools Help Answer Retirees’ Big Questions
#495778135 / gettyimages.com 62, 66, 67 or 70? Online Tools Help Answer Future Retirees’ Big Question Wall Street Journal (July 27, 2014) by Anne Tergesen When is the best time to claim Social Security? Faced with cracked nest eggs and shrinking pensions, baby boomers on the brink of retirement are turning to a growing number […]
How To Properly Serve A Twenty (20) Day Notice To Terminate Tenancy (Washington)
#503422633 / gettyimages.com 20 DAYS’ WRITTEN NOTICE TO TERMINATE LEASE Washington State law (RCW 59.18.200(1)(a)) requires that residential landlords give month-to-month tenants at least 20 days’ written notice before terminating the rental agreement. The landlord must give written notice of the termination of the tenancy at least 20 days before the end of the rental […]
8 Slow, Difficult Steps to Become a Millionaire | Entrepreneur.com
Money of course isn’t everything. Not by a long shot. Where your definition of success is concerned, money may rank far down the list. Everyone’s definition of “success” is different. Here’s mine: “Success is making those that believed in you look brilliant.” For me, money doesn’t matter all that much, but I’ll confess, it did […]
Why More Renters Aren’t Buying (Hint: Weak Incomes, Savings) – Real Time Economics – WSJ
A new survey says that younger workers and other renters aren’t turning away from homeownership because they lack the desire to own homes. Instead, they’re staying on the sidelines because they lack the capacity to purchase. The analysis from the New York Federal Reserve Bank comes via their survey of consumer expectations in February. It […]