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Dangers Connected With Leasing Homes During Periods of Increasing Unemployment and Foreclosures
Many people and companies leasing a home require a credit or background check. With the current increase bankruptcy and foreclosure rates, the lessor may need to demand the same credit and background check from their potential landlord. It may also be prudent to check the taxes at the county courthouse to see if these are current on your prospective rental property.
Thoroughbreds At Losing MoneyI thought I knew at least one thing about the gambling world: The house always wins. But it turns out that’s not the case when New York City or New York State takes the bets.
Here’s What Has Happened In The Last 30 Years And Why You Shouldn’t Borrow MoneyWhen Regan came into office the wealthy got tax breaks in hopes that they would spend their money here instead of the government spending it for them. During this time we’ve seen gas shortages as well as rising gas prices, high unemployment, massive lay offs, and the top executives earning more money so that their pay compared to that of their workers grew by a margin of 600% or more. During this time the number of credit card holders grew exponentially as Americans were encouraged to stimulate the economy by getting credit cards and spending more than they…
Should The World Feel Sorry for Americans During the Economic Recession Period?A few weeks ago, I was talking with an acquaintance in Asia, and he said he felt sorry for Americans and their economic plight. He happened to live in a nation which had been experiencing sizable economic expansion and some unfortunate inflation too. Nevertheless, things were doing very well for him, and he had heard that in the US we are having a very slow growth rate.
FTC Bans Up-Front Loan Modification FeesIn an effort to prevent unethical mortgage modification companies from taking advantage of consumers, the Federal Trade Commission (FTC) has enacted a new rule to prohibit up-front consulting fees for residential mortgages. The FTC felt they needed to protect consumers who have filed over 800 complaints nationally against mortgage modification companies.