How to Spot a Rental Scam

Spotting a rental scam can be crucial in protecting yourself from financial loss and potential fraud. Recently, we were looking for a room for rent. It sounded like an ideal place, in the right location, for the right amount. My alarm bells should have been sounding from the get-go. But we decided to proceed. Everything seemed typical until we got to the part where she discussed rental and application fees. No biggie right – no scam alerts yet. Then she stated that he would have to fill out an application to view the room under the premise that if he didn’t like it, it would be refunded.  There it was – alarm bells. I immediately did a reverse look-up of the number to see if the name provided matched – and no info could be found – another alarm bell. He told her to contact me and guess what – […]

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What is a VA Assumable Loan ?

A VA assumable loan refers to a mortgage loan that is backed by the Department of Veterans Affairs (VA). It can be assumed by another eligible borrower. When a VA loan is assumable, it means that a new buyer can take over the existing loan and assume responsibility for its terms and conditions.  In a typical home sale, the buyer secures their own financing by applying for a new mortgage with whatever bank they choose. However, with an assumable VA loan, the buyer has the option to assume the existing loan of the seller. This assumes they meet certain eligibility criteria set by the VA. This process is done with the bank that is servicing the current loan. Assuming a VA loan can be advantageous for the buyer because they may be able to take advantage of the existing loan’s favorable terms, such as a low interest rate or a […]

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5 Incredible Tips For Your Next DITY Move

Seven years into the Coast Guard as a significant other/spouse and I was on PCS #3.  Already knowing we had acquired more than our allotted weight amount, I had the brilliant idea of doing a DITY (Do It Yourself) move.  Ha! For any of you that have done a DITY move, you either find the positives, or you hate it and choose to not do it again. Okay, Kelsey – so what is your story?  My mother had moved in with us – yes, how lucky of my husband.  So we got all the wonderful antique pieces that better be wrapped beyond wrapped to ensure no damage comes to it, and her 10 year-old dog.   Let me paint this full picture for you. We were going to move 3 adults, 1 toddler, 2 dogs, 2 vehicles, and yes, the truck.  No, it gets better. Which leads into my 5 incredibly […]

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3 Tips to Decrease that Pesky Tax Bill

Many families dread the week of April 18th (I cannot as my husband’s birthday falls within this week) because of the looming deadline that comes up every year – tax bill time.  Many families are excited at the prospect of receiving their W2s because it means refund time aka vacation money, house repairs, or maybe even stock in adult beverages to get them through the chaos until next month.  No judgment.  However, what I think many families do not know is that when you fill out your W-4 with your employer to withhold a higher amount of tax, you are in essence giving the government an interest-free loan. Wait, what?  Yes! You are paying taxes into a system that they ultimately use and are then responsible for repaying you for the “overage” that you have paid.  You do not get to collect interest on the “loan” you are providing.  This […]

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