Posted by Richard on June 4, 2020
With quarantine orders expected to ease in June, housing prices remain reasonable and interest rates remain historically low, making refinancing attractive. Meanwhile, consumers might be looking for new lifestyles. The current virus crisis appears to have had some impact on home buying decisions. Real estate brokerage CEO Glenn Kelman told CNBC demand for more rural […]
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How can you be assured that your adult kids remain friends after your death? Or that your young children are taken care of as you wish? Write your will, and do it soon. A will is a legal instrument that spells out to whom your assets are to be distributed when you die. It also […]
Read More →Posted by Richard on May 14, 2020
In late March, the U.S. Congress passed a $2 trillion economic rescue plan, dubbed the CARES Act, to provide relief to Americans impacted by the COVID-19 pandemic. The bill included cash payments to individuals, increased unemployment insurance benefits, changes to student loans and to retirement account rules, among others. The amount of the payments varied […]
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With all of this extended time spent home-bound recently, many of us have discovered a new truism: if you have to be quarantined, you might as well do it in your dream home. No matter what — the season, the economy, even a virus — people will continue to buy and sell houses. It’s only […]
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Someone at your workplace no doubt makes sure the networks are secure and safeguards are in place to block bad guys. And who does that at your house? Right. You or no one. During the current crisis, with employees working at home, many companies have issued employees guidance on how to establish home internet security. […]
Read More →Posted by Richard on May 13, 2020
One day in March millions of people found themselves out of work with no paycheck coming in. The COVID-19 crisis hit everyone at the same time and it convinced many to start an emergency savings fund. If you look up the subject, you see a daunting suggestion: Save 6 months of your expenses. Or a […]
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Just when people begin to feel the changes of age, they become caregivers of people older than themselves, usually parents. It can be a time of much reward, and trial, sometimes in equal measure. While this can be a sudden responsibility due to injury or illness, most often, people have time to prepare themselves and […]
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So the stock market tanked in historic drops in February on news of the coronavirus Covid-19. It also recovered in an historic one-day recovery. Dizzy yet? Investment experts at Market Watch say ignore the headlines. The market will go up and down during the virus crisis, but no experts think it will stay down. Long-term […]
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A reverse mortgage can be a wise move for some, but it’s also a tricky one. With a reverse mortgage, you give the lender a mortgage on your home based on the equity, and the lender pays you a set amount every month for an agreed-upon period of time, or you can draw on the […]
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Millennials are buying homes, and it’s probably fair to say, they would like that deal delivered. Those people born between 1980 and 1999, made up the largest share of home buyers last year (37 percent), according to data from the National Association of REALTORS. Of those, 86 percent of younger millennials and 52 percent of […]
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