Tracey Barnett

  • The 2 Main Types Of Mortgage Refinancing Services

    One of the benefits of owning a home is the equity you build in it over time. The equity you have is the part of the home you own, while your lender owns the rest of the home's value. When you have a home loan on your house, you always have the option of refinancing the loan. You can do this to use the equity in your home for another purpose or to save money.
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  • How To Diversify Your Retirement Savings With Gold And Silver

    Precious metals are an investment that has historically been protected from market crashes. While their value will fluctuate on their own (like any investment), they're less tied to the value of the U.S. Dollar or the performance of the stock market than other investments. Because of this, it can be a good idea to diversify your retirement savings by investing a portion of it into precious metals. Unfortunately, traditional IRAs don't allow you to hold precious metals as part of your retirement funds.
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  • The Keys To Maximizing The Profits Of An Estate Sale

    When a family member passes away leaving an entire life's worth of stuff in a house, the family will often decide to host an estate sale to liquidate the assets and get rid of the things. If you are trying to decide if this is the right option for you after being left with your parent's house, you should know that it likely is. An estate sale is the best way to liquidate the contents of an entire house, and your estate sale could be very profitable if you handle it properly.
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  • Backup For Your Backup: Understanding What Successor Trustees Do

    Trusts come in two varieties: revocable and irrevocable. With a revocable trust, you act as the trustee over your own trust. You establish the trust, and you dictate how it will be managed. With a lawyer's help, you establish documents that will help protect your trust and facilitate its distribution and care in the event of your death. As such, it is important to select a successor trustee who can act in your stead, should you meet an untimely death.
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  • 5 Reasons To Get A Business Bank Account

    If you're someone who mixes your business and personal finances together, you need to make a change. It can get confusing to understand where your company finances stand when they're all meshed together with your own personal money. Instead of keeping your money all in one account, it's really best to open a business bank account. No matter what bank you choose, there will be business account banking services available for you.
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  • Why You Need More Than A Savings Account

    When you obtain a checking account, you might believe that the only purpose of the checking account is to cash checks. However, there are many other advantages to having a checking account and you may even open a checking account without having any checks. There are several other services, such as debit cards, online bill pay, direct deposit, and mobile banking. Receiving Money In some cases, you just need a checking account.
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  • 3 Ways To Get The Lowest Mortgage Rate Possible

    There is more to buying a home than just finding the right property and putting in an offer. Becoming a homeowner is a major financial decision and it can be a huge responsibility. There are also plenty of advantages to owning your own home, including building equity. Chances are if you are looking to buy a home, you will want to finance it. There are a lot of things to consider when getting a mortgage, including the mortgage rate.
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  • Offshore Trusts: Understanding The Basics

    Obviously, financial advisors and attorneys who specialize in finance give people financial and legal advice on how to best manage and grow their financial resources. For most people, this includes several financial vehicles, such as retirement funds, mutual funds, a stock portfolio, perhaps real estate investments, certificates of deposit, precious metal accumulation, and more. One option many people aren't aware of is offshore trusts. Here is a look at what an offshore trust is and the benefits of having one.
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  • 9 Steps To Declaring Bankruptcy

    At some point in the future, you might find your credit situation isn't getting better, and creditors are threatening to sue you or take away some of your assets. In such cases, it's a good idea to consider filing for bankruptcy. If you're filing for Chapter 7 Bankruptcy, there are approximately nine steps to follow. Step 1: Credit Counseling Before you file for bankruptcy, you're required to get credit counseling in the six months leading to your application.
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  • Is It Ever A Good Idea To Cancel A Bail Bond?

    Cosigning a bail bond is something many friends and family members do for those who end up needing to get out of jail. However, the process isn't a frivolous one; whoever cosigns is taking responsibility for the defendant to show up in court when ordered. But sometimes a co-signer can have second thoughts based on how the defendant is talking and behaving while waiting for a court date. In those cases, the idea of canceling the bail bond may be tempting.
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