Author Archives: Alex Veiga

8 tips on saving money on a cruise vacation

Recent images of a cruise ship limping back to port after an engine malfunction didn’t do the cruise industry any favors heading into the summer vacation season. And cringe-worthy accounts from passengers who had to make do without power or working toilets for five days may have turned some travelers off cruising for good. Read More

6 key considerations when applying for a mortgage

For most would-be homebuyers, making a run at homeownership is going to mean getting approved for a home loan. It’s a process that, at best, can be stressful and confusing. Borrowers can be better prepared by taking steps to study their options and learn what to expect from a lender. Read More

6 tips on handling taxes for household employees

Taxes. They’re just about the last thing parents might think about when they hire someone to watch over their child. Yet a hefty tax bill is a possibility for anyone who pays a nanny, housekeeper, gardener or other household employee enough in annual wages to trigger a bevy of requirements under tax laws. Read More

6 tips on getting finances in shape to buy a home

After years in the doldrums, the housing market appears back on track. Home sales and prices are up, and mortgage rates remain near historic lows, reinvigorating the appeal of homeownership. Read More

Tips on disputing errors on your credit report

Disputing credit report errors can be complicated and frustratingly slow. But it is also a necessary task for Americans who want to avoid paying more on loans and credit cards for a mistake they did not make. Read More

6 tips on buying, renting a home for extra income

Low mortgage rates have made buying a home more affordable and turned rentals into an attractive option for investors. Throughout the downturn in the housing market, average investors, sometimes pooling their money, have bought foreclosures at a sharp discount and turned them into rentals. Many homeowners also have purchased a second home and rented out their first property. Read More

8 tips to stay fit without breaking the bank

The start of a new year inspires many of us to commit to get fit and live healthier. Such an undertaking requires steeling one’s resolve to eat right and exercise. What isn’t required is emptying out one’s wallet just to break a sweat and shed a few pounds. Read More

Key considerations in getting a reverse mortgage

Reverse mortgages represent an alluring proposition for seniors: Stay in your own home while the bank pays you either a lump sum or a stream of payments to help supplement your retirement income. Read More

10 tips on taming travel tipping confusion

To tip or not to tip? It’s probably not the first concern on travelers’ minds when they set out on an international vacation, yet it’s an issue that presents itself early and often. Read More

Discount for foreclosed homes widened in 2010

The gap between the average sale price of a foreclosed home and that of other properties grew wider last year, giving homebuyers who snapped up bank-owned homes big discounts. And homebuyers can expect to see more of those bargains this year, because fewer foreclosed homes were sold in 2010 than were taken back by banks, foreclosure listing firm RealtyTrac Inc. said Thursday, February 24. Read More

Foreclosure activity up across most US metro areas

The foreclosure crisis is getting worse as high unemployment and lackluster job prospects force homeowners in an increasing number of U.S. metropolitan areas into dire financial straits.

In Seattle, Houston and Chicago, cities that were relatively insulated from foreclosures early on in the housing bust, a growing number of homeowners are falling behind on mortgage payments and finding themselves on the receiving end of foreclosure warnings. Read More