Homeowners who have missed many mortgage payments and want to apply for a loan modification need to be prepared to make an initial payment to their lender. In some instances, when you apply for a mortgage loan modification, your lender may ask for a good faith deposit. You need to […]
Accounting
Was the Show I Love Lucy Demeaning Towards Women – Or Did It Help In The End?
Back in the days of TV sit-coms (situational comedies) with a lesson there was Lavern and Shirley, Gilligan’s Island, Brady Bunch, Happy Days and I Love Lucy. These were much different than today’s sit-coms or our hard to figure out reality TV shows (pointless). Some event in the beginning was […]
Factors That Can Secure Your Financial Future When You Make Investments
It is good enough to say that time is not loyal to anyone. Investment decisions in the current market scenario have to be taken after a careful analysis. Your decisions should not leave you red faced at the end of the day when you need your invested money so importantly. […]
Getting a Business Loan: A Quick Overview on How to Prepare for the Application Process
It’s no secret that loans for businesses aren’t easy to get – especially for smaller ones with either no credit or poor credit. There are a variety of options available, however, and once you decide which solution is right for you, you can begin preparing. Getting a business loan can […]
Book Summary: Becoming Your Own Banker – Unlock the Infinite Banking Concept – By R Nelson Nash
This book is not about getting rich quick. It talks about emulating the entities that contain all the wealth – “Banks”. This is a big deal because you can leverage tax deferred growth, pay interest to yourself, leverage tax write-offs and see the power of compounded growth over time. This […]
Marketing Reverse Mortgages In a World That Doesn’t Trust Mortgage Brokers
Reverse Mortgages are a tricky subject. No one wants to discuss them, and yet, for some it can be an excellent solution. The Elder’s heirs might not appreciate it much, but it can be a life-saver. Kind of reminds us of that bumper sticker you see on the back of […]
Divorce – Eight Landmines to Avoid in Business Valuations
Whether attacking or defending your expert’s business valuation in a divorce trial, it is important to know and avoid the eight landmines that can blow up your case: Reasonable Owner’s Compensation – A business valuation usually requires the expert to make adjustments to the subject company’s income statement. This process […]
Pros and Cons of Inheritance Funding
Inheritance funding refers to a strategy used by heirs entitled to inheritance property which is held in probate court. Probate is required to settle decedent estates. The process can last several months; causing inheritance assets to depreciate in value. When decedents owe outstanding debts there is a chance assets may […]