down payment

Seller Funded Down Payment Assistance Charities - Scammers or Saints?

Posted 18 weeks 4 days ago by Xin Lu

Personal Finance, Consumer Affairs, Real Estate and Housing

The United States House of Representatives just passed a massive mortgage bailout bill that includes many changes to the Federal Housing Administration and the Government Sponsored Enterprises. One particular change in the bill is that seller-funded down payment assistance through a third party is now prohibited in obtaining FHA loans. This in direct response to the unscrupulous behavior of many seller funded down payment assistance charities that sprang up in the past decade.

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Money Metaphors (You wouldn't punch a kitten, would you?)

Posted 1 year 33 weeks ago by Andrea Dickson

Personal Finance, Extra Commentary

Money, to me, is often something to just be tossed at problems. I don't look at my receipts after buying groceries. I don't worry about being charged too much, since I figure that carefully studying my receipts makes me look petty. In fact, this is an attitude that gets me nowhere. I don't protect my money. Maybe I would if I thought of it like a kitten.

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