5 Financial Risks to Consider in Retirement

Most people don’t know that 80 percent of mountain-climbing accidents don’t occur on the way to the summit – they happen on the way down, says financial expert and extreme sports enthusiast David Rosell. Although arriving at the top of the mountain is considered by many mountaineers to be one of life’s greatest accomplishments, I…

Credit Repair Tips for 2014

All homeowners know just how important it is the have a good credit score. You may wonder how much of an impact your credit score can have on your life. For example, a good credit score will mean you qualify for the best loans, rates and terms, and thus, will save money gradually through reduced…

Real Estate Q&A: Are There Standard Ways to Determine How Much a Home Is Worth?

A: Yes. A comparative market analysis and an appraisal are the two most common and reliable ways to determine a home’s value. Your real estate agent can provide a comparative market analysis, an informal estimate of value based on the recent selling price of similar neighborhood properties. Reviewing comparable homes that have sold within the…

U.S. Negative Equity Rate Takes a Dive

The national negative equity rate ended 2013 below 20 percent for the first time in years, dipping to 19.4 percent of all homeowners with a mortgage, according to the fourth quarter Zillow® Negative Equity Report. Nationally, more than 9.8 million homeowners remain underwater, owing more on their mortgage than their home is worth. Negative equity…

How to Prepare for Appraisal

With the spring home-buying season approaching, the nation’s largest professional association of real estate appraisers encourages homeowners to be prepared with all relevant property information when an appraiser visits. Contrary to incorrect interpretations of appraiser independence requirements, appraisers welcome information that would assist development of a reliable, credible opinion of value. Consumers can accompany appraisers…

Add Home Value with Smart Spring Home Improvements

(BPT)—Snow, blizzards, Arctic winds and damaging ice storms have wreaked havoc across the country this winter. While it may feel as though spring will never come, building experts suggest that now is the time for homeowners to consider spring home improvements that add value and comfort to the home. The push toward energy conservation and…

4 Retirement Survival Tips for a Volatile Stock Market

More and more Americans – 28 percent in 2013 — say they’re not at all confident they’ll have a comfortable retirement, according to an annual survey by the Employee Benefit Research Institute. Even the wealthiest among us have concerns; 38 percent of U.S. multi-millionaires are not “very confident” about their retirement income, a 2013 U.S.…

7 Tips for Protecting Your Identity & Money

At least 110 million consumers were affected by the hack involving Target and Neiman Marcus retailers. Whether or not millions more will have their identities manipulated and finances ruined within the coming months due to more breaches of security at other stores is anyone’s guess, says identity theft recovery expert Scott A. Merritt. “By necessity,…

How to Engineer Your Financial Future in 2014

Financial resolutions can be the most difficult to keep. They can include minute detail, number crunching, plenty of files and discipline that can affect a person’s entire lifestyle, says veteran investment advisor Paul Taylor, a member of the National Ethics Bureau. “Many folks simply are not predisposed to combing through the details of their financial…

Refinance Mortgage Applications Increase Nearly 5 Percent

In happy housing news, mortgage applications increased 4.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 17, 2014. The Market Composite Index, a measure of mortgage loan application volume, increased 4.7 percent on a seasonally adjusted basis from one week…

Spruce up Your Home This Year

(BPT) – Making a New Year’s resolution is common, and many people set goals for ways to improve themselves. If you have set a goal to lose weight, learn a new skill or get promoted, congratulations. But while you are striving to attain your personal goal, have you ever thought of setting a goal to…