Fix My Finances
Helping You Get “Back In The Black”

Everyone hates paying taxes.  We all accept it as inevitable but look for ways to reduce our tax liability.  Luckily for us, the IRS offers incentives in the form of tax deductions.  Some common deductions include charitable contributions, interest on your home mortgage, and interest on your student loans.  While you may have no control [...]

While the housing market and economy are gradually showing signs of improvement, there are still many people who are behind on their mortgage payments and unsure of how to proceed.  One option is a short sale. Short sales are when the owners sell the mortgaged property, with the banks approval, knowing that the house will likely [...]

Today nearly 1/3 of all homeowners owe more on their homes then the homes are worth.  If the homeowner can continue to make the mortgage payment and isn’t planning on moving anytime soon, that is not a problem.  However, if the homeowner needs to sell the home being underwater on the house can be a [...]

The real estate market has slowly been changing over the summer months.  In Florida things were going quite cheap this summer.  Orlando had condos asking $19,000.  Prices now are starting to creep back up.  Maybe its the $8,000 housing credit or maybe it is the economy and housing market starting to recover.  Either way, prices [...]

Since houses are worth less today than they were purchased for, i.e. the homeowner is underwater on his mortgage, some families have tried to put their homes on the market as a short sale and then have a family member purchase the house at the lower price and then sell the property back to the [...]

Yes it is difficult to get a mortgage right now.  Banks are loaning money but they want more downpayments and they are taking more precautions to protect their investments.  As such, I would recommend that couples looking to purchase a home consider a multi-family. Multi-families are great because it allows the couple to purchase a [...]

Many people today are falling behind on their mortgages.  Thanks to legislation the Obama administration passed this year there is hope. First you need to assess why you are falling behind on your mortgage.  Did you or your spouse lose your job, did you have some unexpected medical expenses, were you or your spouse injured [...]

Looking to sell your property?  Finding the right realtor and listening and acting on that realtor’s advice can mean the difference between selling your property within a couple of months despite the down market or having your listing sit on the market for six months to a year. When looking for a realtor you want [...]

As IRAs, 401ks and other retirement accounts have lost value due to the financial decline of the recent years, many seniors have lost a chunk of their retirement income.  Thus, their accounts and assets are worth less but their living expenses have not decreased.  This is a problem. Many retirees spend the winter in Florida [...]