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I am 56 yrs old and have a 6.2% jumbo 30 yr loan closed 5 yrs ago. I attempted to refi to 15yr jumbo but house did not appraise although originally put 30% down. I am still finishing the house (basement) which will cost approx $150k. Should I take the $150k and refi now or wait until basement is finished and refi hoping that house will have increased to meet 20%...
Submitted Mar 14, 2012
My friend''s mom is away on a business trip and she asked her to deposit her paycheck today, but her mom forgot to endorse it. What would you suggest that my friend does in order to get her mom''s paycheck deposited today?
Submitted Mar 13, 2012
To determine PMT value of an investment for example saving a 1,000,000 in 6 years at 10.83 or 4.43%, present value 0. To set this up in a financial calculator N=5.5(67.139), I=? FV = 1,000,000, PV=0,PMT = -14,894.451(monthly). Then add an interest amount and/or years to addjust the PMT within reason...correct? From my previous question I caluculated as you...
Submitted Mar 13, 2012
I''m 58 years old. I have a variable annuity that I can start collecting monthly payments in two years. My broker wants me to transfer it to another variable annuity with a different company so I can get a better rate of return. Should I do it?
Submitted Mar 9, 2012
i am a 22 year old married mother of two. in 2010 i leased an apartment knowing that at the time i was not gainfully employed. they evicted me and took me to court. i didnt have valid transportation to make it there, as far as i was told it was reported as an eviction, however when i checked my credit report it was written as a broken lease. now two years later i am...
Submitted Mar 9, 2012
I owe $14,000 on a home equity loan, payments are $960 a month, I have savings to pay it off, the interest rate is under 1%, I pay $70-$80 in interest on the home equity loan a month, should I pay off the loan
Submitted Mar 8, 2012
does the redemption of US Individual Retirement bonds create a taxable event.
Submitted Mar 6, 2012
when is it wise to borrow money and when is it not? what factors do you need to consider to help you make a reasonsible choice? discuss the concepts of decision making and opportunity cost in your anwser.
Submitted Mar 5, 2012
RE: Late Election of S-Corp Status by LLC. Would the IRS consider it “reasonable cause” if the S-Corp election Form 2553 was submitted by a single-member disregarded entity LLC beyond the required timeframe but stating as the cause for late submission that (1) the LLC was newly formed in the prior tax year and had no Income in that prior tax year, and (2) that...
Submitted Mar 4, 2012
I am 62, never married and considering taking early social security on my work record. I understand it will be a reduced amount. I am concerned about the impact on my future if I take early withdrawal. If I meet "Prince Charming" and get married after we are both 66 years old and he starts social security at age 66 ---will I be able to switch over to the new...
Submitted Mar 4, 2012

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