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Category Archives: Financial Planning and Tax stuff

Buy A New Home Just One Day After A Short Sale or Foreclosure? Yes, You Can!

Flex-Banner_600x315px_mockup5Comstock Mortgage, has been helping buyers into homes for over thirty years. Buyers can qualify for the Flexible Credit Home Loan Program just six months after bankruptcy – and just one day after short sale or foreclosure.

Losing your home to foreclosure or going through a short sale is one of the most disheartening experiences the modern homeowner can endure. Traditionally, a defaulted mortgage has meant years of poor credit and renting rather than buying. Read the rest of this entry »

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Money: The Marriage Killer

One reason money is such a conflict in marriage is because “money” and all the behaviors attached to it, has different meaning to different people. And when this difference on money matters arise, many of us revert to bad habits – don’t talk about it and hope it will go away.
 
Well, we are already a few weeks into January and it’s time to get your financial house in order – a News Year’s resolution to add to your list. But this time, I want you to sit down with your significant other and talk money no matter how much you hate it. Read the rest of this entry »

 
 

What’s hiding in your Tax Man’s Closet?

Can I trust my Tax preparer?

It is that special time of year already! As our W2’s and 1099’s come trickling in, we are reminded to start organizing our 2010 paperwork because March and April are right around the corner. Over the years, I have had my share of tax horror stories and all of them were predicated on bad tax advice. I won’t go into the gory details, but suffice to say, I learned that taxes are not meant to be taken lightly.

The IRS estimates that the average taxpayer needs over 20 hours to do his or tax return, or longer if they are filing a Schedule C for business or a Schedule E for real estate. I am busy enough with work, rowing, more work, and watching American Idol that I choose to have a professional take care of my taxes. Read the rest of this entry »

 
 
 
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