Types Of Bankruptcy

Costello eyes tax, child-care (Reg Req'd)  PETER COSTELLO has promised more child-care places and tax relief for middle-income families, whom he describes as the "backbone" of the nation.read more...


Report: Wachovia to Get $7B Investment   "The problem is they keep doing deals, and they hit a deal that didn't work" Wachovia Corp. said Sunday it will move up the release of its first-quarter financial


Secrets to simultaneous real estate closings  It's a normal situation: close on both a home sale and a purchase the same day. But it's fraught with peril.read more...


Is 50 Years Too Long for a Mortgage? (KFVS12)  as prices show no signs of coming down , and many of us have wondered how to stretch an already tight budget. N ow some mortgage lenders believe they might


Software request or process redesign?  I have been wondering around in the wilderness of Business-Process automation & just realized you just might be a source of clarity.read more...


Economic growth lower than expected  Providing further evidence of the U.S. economy's slowing momentum, federal officials on Thursday revised first-quarter gross domestic product growth upward by a lower-than-expected amount.read more...

February 4th, 2006

REAL ESTATE / ROBERT BRUSS: Wife’s age hurts reverse mortgage (The Charlotte Observer)

Q. I am 78. My wife is 64. We own our home with a value of $550,000. No mortgage and no debts. We recently inquired about a senior citizen reverse mortgage and were told the best we can do is receive just $680 per month. The up-front fees would be about $13,000. The mortgage manager suggests we obtain a home equity loan instead. We have income of only about $60,000 per year. But we are cash poor

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