Thursday, January 26, 2012

10 Money-Saving Tips for 2012

When it comes to improving your financial picture, small steps can yield big gains. Whether you’re saving for a down payment or dealing with increased expenses having just moved into a new home, the following tips from are great ways to save money in a variety of areas. Start today and you’ll quickly notice the positive impact on your bottom line:

Monday, January 16, 2012

Turning foreclosures into rentals

Federal regulators and the Obama administration are getting ready to roll out a program that would sell foreclosures to investors as rentals. The first transactions could take place in early 2012.

Thursday, January 12, 2012

Renovating? Why Building Codes are Critical

We’ve all heard horror stories about the remodeling project that needs to be torn down or redone because it didn’t live up to code. While many believe that investigating building codes is too confusing, time consuming and costly, the consequences of not getting the necessary permits before starting a construction project are both upsetting and expensive.

Securing a building permit before you start planning a renovation can also prove critical should you sell your home in the near or distant future. Potential buyers could request proof of permit for that room above the garage you added. Not having one is a risk most buyers wouldn’t want to absorb.

Friday, January 6, 2012

4 Ways Your Credit Card Agreements Could Change - for the Better

Do you remember the last credit card you signed up for? More importantly, do you remember the actual contract? While credit card agreements outline such essential information as costs, features, and terms of the product, they are often long, complicated, and written in legalese. Unfortunately, key information about interest rates, fees, billing, and payments is often surrounded by legal fine print.

That’s why the Consumer Financial Protection Bureau (CFPB) launched the Know Before You Owe project, a program designed to provide better consumer transparency in several areas, such as credit card agreements, so that consumers could have a better understanding of the prices, risks, and terms involved before signing on the dotted line.