Heroic Investing

Lawyer Scams Target thT Housing Market

Lawyer Scams Target thT Housing Market

If Nigerian money transfers and fake refinancing promotions weren't enough, scammers keep coming up with still more ways to defraud and otherwise take advantage of unwary or struggling homeowners and income property investors. Now, new warnings about real estate scams focus on ways fake real estate attorneys...

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What’s In a Name: Financial Planner or Money Manager?

What’s In a Name: Financial Planner or Money Manager?

When should you fire your money manager? That’s a question raised by a number of recent posts on a variety of financial information sites and journals. But as finances become more complex and independent investors attempt to negotiate the landscape of loans, rates and taxes, a more important question...

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Good Debt Gone Bad: the Student Loan Trap

Good Debt Gone Bad: the Student Loan Trap

In a previous post, we took a look at why new and recent college graduates saddled with student loans are wary of taking on the traditional debts of adult life: car loans and mortgages. Now, a closer look at the financial habits of the people known as “Generation Y” point sup the differences between...

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New Grads Fear Mortgage Debt

New Grads Fear Mortgage Debt

Student loan debt may the next bubble waiting to burst – with potential repercussions for many other areas of the economy, particularly housing. Although new and recent grads are playing a large part in the rising rental demand, the student loan debt they’re carrying makes it impractical, if not...

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Terrorism Insurance? Maybe Not

Terrorism Insurance? Maybe Not

After a week of violence and terror that paralyzed the city of Boston and riveted the country, officials are calculating the true toll of the bombings at the Boston Marathon – a cost measured not only in loss of life but in economic terms. But unless the bombings are officially labeled a “terrorist...

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Wronged Homeowners Get Bouncing Settlement Checks

Wronged Homeowners Get Bouncing Settlement Checks

It’s been nearly four years since a group of the nation’s largest mortgage lenders agreed to a settlement in lawsuits charging them with fraud, wrongful evictions and other abuses in the “robosigning” scandal of 2008-9. Now, according to a New York Times update, checks from the settlement are...

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Hold On ToThat Mortgage!

Hold On ToThat Mortgage!

Staying out of debt has long been the standard for responsible money management. For generations parents have drummed that into the heads of their irresponsible offspring: pay your bills on time and repay what you owe. But in today’s financial climate, not paying off certain debts is a better financial...

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What’s in a Home:  Changing Priorities in Housing

What’s in a Home: Changing Priorities in Housing

“Owning a home is the keystone of wealth, both financial affluence and emotional security,” says financial guru Suze Orman. But as America ages, suffers financial instability and becomes more diverse, the definition of “home” is changing – and that creates new opportunities – and challenges...

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Will Falling Gold Prices Affect Investors?

Will Falling Gold Prices Affect Investors?

Good as gold, the saying goes. But – no so much these days? The price of gold continues to fall, reaching its lowest levels in over two years, a drop that’s causing chaos in money markets around the world. The plummeting price of gold comes as the Federal Reserve considers an early halt to its plan...

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10 Red Flags for Real Estate Scams

10 Red Flags for Real Estate Scams

Real estate fraud takes many forms and targets all areas of the housing market, with an impact on investors, homeowners and renters all over the country. Because these schemes can be hard to spot, we’ll wrap up this week’s intermittent series on housing related fraud with a rundown of the Federal...

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