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Loan Denied, Why?
My sister was turned down by her credit union for a loan and we can’t figure out why? She is retired, but gets income from oil investments and other stock dividends. She has 4 Million in her IRA. We are shocked!" Great question! After her reviewing her tax returns, I...
Lots Happened in Week One
Happy New Year! The year started off pretty quietly, but then the Fed, Shopping and Jobs—yes, all in 1 week. The Fed minutes from the meeting in December were released and it seems that they think they may need to raise rates more than expected. Or more quickly than...
No Financing, But Pre-Approved?
My brother just sold his home after 2 buyers backed out because of not getting financing. How can this be, since they were pre-approved? Annie Great questions! Its hard to guess why this would happen twice – once burnt and all that, but the main reason people can’t...