Tips and how-tos
How to Prepare for a Tax Audit – smsmallbiz.com
AN 1145A TAX audit is an experience every businessperson hopes to avoid. If the IRS does pay your business a visit, however, understanding what an auditor might look for can make the difference between a minor inconvenience and a major hardship.
Balloon loan payments – bankrate.com
With a traditional mortgage, each monthly payment comprises principal plus interest. In the early years of the loan, most of the payment goes for interest. Gradually, more and more of the monthly payments go toward principal. At the end of the term, the loan is completely repaid. This process of paying principal and interest until the loan is paid off is called amortization.
Rights of rescission – bankrate.com
Maybe you found better credit terms or you got cold feet. A provision of the Truth in Lending Act gives you the right to cancel certain real estate loans within three business days without penalty. It is called the right of rescission.
PMI or Piggyback Loan? – realestate.yahoo.com
Homeowners who make a down payment of less than 20 percent are usually required to pay private mortgage insurance (PMI), because they are considered to be at higher risk of default. PMI premiums are typically around half a percent of the interest rate, which is about $83 a month on a $200,000 mortgage.
What Can I Do Today To Make Me Rich In The Future? – thesimpledollar.com
In an ever-changing fast-paced world, most of us are accustomed to doing things now, and long-term financial planning is often difficult for us to wrap our arms around. We donâ€™t want to think about being a millionaire in twenty years; we want to start down that road now with quick actions that we can use to quickly see rewards.
10 most and least expensive cars to insure – bankrate.com
"It's a common denominator among vehicles that have the highest losses -- a lot of smaller, sportier vehicles, says Russ Rader, spokesman for the Insurance Institute for Highway Safety.