Hidden Treasure Right Under Everyone’s Noses Carole Kim is Director of Publications at Duane Gomer Education. Her mother-in-law recently passed away. Carole organized a large house full of many priced objects to be ready for an Estate sale in the beautiful city of Wildomar. One item was a painting, actually a large framed […]
Archive | Finances
House Votes To Repeal Key Portions of Dodd-Frank
The Vote For The Dodd-Frank Reform Was: 233 Republicans Yea, 185 Democrats Nay 1 Republican Nay. It now moves to the Senate where it will face more opposition and discussions. Should be interesting. McConnell and Warren; Schumer and Hatch; Waters and Republicans. Understand That It Is Not Being Abolished The key reforms of the […]
Another Look at Median Prices in California
The Median Price at the End of December was $509K However, the median varies greatly for different counties. Highest in the State is Marin at $942K followed by San Mateo at $895K. The highest in Southern California is Orange County at $661K, while the lowest in So. Cal. is San Bernardino at $192K. So if […]
Can You Sue Your Credit Card Company?
Did you know that in the small print of your agreement with your card company, there is probably a clause that states there is mandatory arbitration required whenever there is a dispute? We have given up our right to sue and to form any type of class action lawsuit. Some critics say that this is […]
WHY EVERYONE SHOULD HAVE AN ESTATE PLAN
When you don’t consider what will happen to your family if you die unexpectedly or become incapacitated, you will cause your family unnecessary financial and emotional hardship because you have not made your intentions clear. Courts will then have to decide who will care for your children and how to divide your estate. For example, […]
BORROWING FROM A 401(k) TO FINANCE HOME PURCHASE
According to the National Association of Realtors® 2013 Profile of Home Buyer and Sellers, 8% of first-time buyers borrowed from their 401(k) retirement accounts as a source of downpayment money. It’s a good bet that a significant number of potential first-time buyers, as well as others, are not acquainted with how this works. It’s also […]