Archive for November, 2006

28
November

Credit Score Tips and Great Housing Bargains


My buddy, Larry Russell, has some good tips on how to Raise Your Credit Score in 45 Days-If everything else could be this easy! They are timely tips and a good reminder for all of those who may be getting ready to do a little home buying. I know, it sounds weird to be talking about buying a new home in this time of worrying about the real estate bubble getting worse…But this is a great time! Larry’s specialty is the Parker, Colorado area-about 15 minutes South of Denver. I have been watching this area to see how it would be affected by the real estate foreclosures here in Colorado. Now I know, a friend of mine just closed on his home just outside of Parker, last week. He got a brand new custom home, 5,000 square feet on five acres for just a touch north of $500,000! The home is gorgeous and has a great feel to it.
I’m sure that other bargains like this are going to start popping up all over the country so get your credit house in order, find a good realtor and good shopping!

Steve Mertz
What Housing Bubble?

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Credit Score Tips and Great Housing Bargains

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21
November

Debt Reduction Tips


I was inspired when I read a column by Liz Pulliam Weston this morning called Huge debts, Paid off Fast!! What a breath of fresh air to read about three different folks who were deep in debt and became debt payoff champions!!

They all have great strategies but I’m going to feature the story of Greg Cards. After his divorce he walked away with $154,000 in debt. He had a $119,000 mortgage, $5,500 in credit card debt and $29,500 debt to his ex-wife for her half of the home.
He took out a second mortgage to buy out his ex and pay off the credit cards. Shortly thereafter he transferred the balance from the second mortgage to a 0% credit card, then made $4,000 a month credit card payments to retire the $35,000 debt in under a year!! He also volunteered for overtime, picked up a second job and trimmed expenses. Lots of good everyday tips in the article. Thanks for sharing some excellent stories Liz! Read Huge Debts, Paid off Fast!

Steve Mertz
Debt Reduction All Stars!

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Debt Reduction Tips

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