Photo by Ward for News Talk about trying to save money! A Brooklyn couple who are wealthy real estate investors, with seven bank accounts, including one which may have $2 million in it, canceled their health insurance. They pretended they were poor so they could qualify for Medicaid. They managed to rack up $59,000 in [...]
by Lisa J. Lehr The weather is warming up, people are heading outside to exercise, and we’ve been told our entire lives to drink “plenty of water.” Not everyone realizes, however, that it’s possible to drink TOO much. How much is enough, and how much is too much? You may remember back in January 2007, [...]
Affordable home prices and low interest rates have created an ideal time for many buyers to purchase homes, and now a new week-long look at homeownership confirms it. The national study, conducted for The Associated Press, shows that the difference between monthly rents and mortgage payments is at its lowest level in nearly 20 years. [...]
Community Encouraged to Nominate Nevada County Families The Nevada County Fairgrounds is seeking nominations for the 2010 Fair Family of the Year. Each year a family is recognized at the Nevada County Fair, and this year the Fairgrounds is asking the community for its help in nominating a family for this special award. To be [...]
Here’s one for the books on how to get ripped off. This guy was even on A&E Flip This House! Moral of this story, be careful who you deal with. Sam Liccima was promising a return on investment of 16% and the actual return on investment turned out to be – zero percent. Part One [...]
Sales of new homes soared in March, breaking a 4-month losing streak, according to a government report released Friday, as buyers snatched up properties ahead of the tax credit expiration. New-home sales rose 26.9% to a seasonally adjusted rate of 411,000 last month, compared to a upwardly revised annual rate of 324,000 in February, the [...]
Want Spacious Living Quarters? Welcome to the “A” Yacht, so called because the name of the Russian billionaire who owns the yacht is Andrey and his wife Aleksandra, Mr. Melnichenko’s Servian-born supermodel. It has 23,600 square feet of living space and a 2,583-square-foot master suite wrapped in bomb-proof, 44-milimeter glass. At 394 long, it cost [...]
Are you facing foreclosure? Has someone advised you to do a short sale in lieu of foreclosure? Well, be careful, there could be a lot of problems down the road for you if you took out an equity loan to pay off debts or buy goods such as a car, boat, furniture or other such [...]
Fannie Mae today announced it is updating several policies impacting the future eligibility of borrowers to obtain a new mortgage loan after experiencing a preforeclosure event, including a preforeclosure sale, short sale, or deed-in-lieu of foreclosure. Among the changes is the amount of time that must elapse after the preforeclosure event before a borrower is [...]
RealtyTrac Inc. said Thursday that the number of U.S. homes taken over by banks jumped 35 percent in the first quarter from a year ago. In addition, households facing foreclosure grew 16 percent in the same period and 7 percent from the last three months of 2009. More homes were taken over by banks and [...]
