Today on CNN Newsroom
YOUR MONEY MATTERS!
Your Money Matters, and this weekend Personal Finance Editor Gerri Willis will be taking your questions!
– The commercials say mobile phone prices are going down; but you may soon see your bill going up!
What can you do to save money?
– That used car you just bought is one of the recalled Toyota's!
How can you tell if the recall fix works?
– It's Tax Time; and with the new year comes new changes.
Who can you trust to get your taxes done right?
– It doesn't just happen to other people, identity fraud is on the rise!
What are some things you can do to protect your privacy?
Just Ask? Gerri Willis and Fredricka Whitfield discuss your money matters Saturday at 2p in the Newsroom. Send us your questions, and Gerri might answer them on the air!
On Twitter
I just saw on CNN (with Gerri and a couple of financial advisors) speaking about "short sales" Gerri asked "a short sale is when you give back your house to the bank" The Financial Advisors answered "yes." THIS IS INCORRECT. A Short Sale is when an Owner of a home owes more on it than what it is worth and is trying to sell it on the market. Short Sale's are subject to all terms and conditions of their lender(s) approve of the sale. An owner is in hopes of getting this approval from their lender in lieu of a Foreclosure sale.
I am a Real Estate Agent/REALTOR® in the Los Angeles with over 14 years of experience. If you want the correct information on Real Estate, ask an expert in the business NOT finanical advisors.
Short Sales are subject to an owner lender's approval of all terms and conditions. Just a type-o correction to my previous message.