Archive for September, 2009

US Dollar in Free Fall, Gold Rises – One World Currency on The Way

Very early this year I was struck by a video about how the Zimbabwean dollar has lost its value to almost nothing and shops started to only accept gold as currency. A loaf of bread in Jan 2009 there was 25billion Zimbabwean dollar and inflation continued and left the value of their currency to nothing. [...]

$8000 Tax Credit Ending – A Failure or Success?

Obama’s $8000 tax credit program for first time home buyers will close November 30th, 2009. As time is running out, buyers are scrambling to qualify for a federal tax credit which has been driving up sales activity after the worst downturn in decades. However, the true measure whether this program is successful is the coming [...]

Obama to Homebuyers: You Deserve $8000 For Free!

First time homebuyers are now running out of time to get the US$ 8000 free money which is one of Obama’s stimulus program. The program was started back on Jan 1, 2009 and will be closed on Dec 1, 2009. Last year in 2008, there was also a tax credit program for homebuyers but unlike [...]

Stumbling Block For Recovery: Homes Underwater

Although the news media is beating the drums of good news once again that the US home prices rose 2.9% in the second quarter of 2009, many economists believe that it is way too early to call a turnaround for the housing market. The reason being is that the number of homes that are worth [...]

Surviving Underwater Mortgages

Despite Obama’s mortgage modification program, 20% of all home owners in the US are owing more than their property is actually worth. A lot of people are now desparate to swim out of their underwater mortgage but have no clue how to do it.

Tips to Negotiate with Credit Card Companies

Many people in debt are currently looking for help from debt consolidation or debt settlement companies. While it can be very helpful to seek their advice, it may also be rather costly as these companies may charge you a huge service fee to consolidate or negotiate your debt with your lenders. One thing that you [...]

Debt Relief Scams – How To Spot Them

Finally, credit card debt relief is now in reach for all Americans no matter how deep they are in debt. The ensnarement of credit card providers have been too long and has trapped too many consumers in their high interest. Debt relief program has recently increased in the news. However, there are always people who [...]

How To Buy A House After Being Denied A Mortgage

Finally, houses are in an affordable price range, after for the past years prices have been skyrocketing since the housing boom. Unfortunately, now the problem is that the mortgage is now out of reach as lending standards have been made tougher. Many homeowners are currently shaking their fists and cursing Freddie Mac, Fannie Mae and [...]