As 2020 comes to a close, most people will set resolutions for 2021. I think setting resolutions is wrong. I think people should set goals. Resolutions are rarely kept. Goals are accomplished.
I've used these same systems for years to set and achieve my goals, like:
Let me know what some of your goals are for 2021, and how I can help you accomplish those goals!
This week's guest on the Crushing Debt Podcast is very special. We needed to record a few days ago because he's preparing for a flight later today. My guest knows if you've been naughty or nice!
I was introduced to this week's guest through my friend, Joe Cairns, who practices family law and helped my guest with his marital problems years ago. Although he's a divorce attorney, Joe helped my guest salvage his marriage and we talk about those issues - as well as other debt-related issues that come up in divorce.
If you haven't guessed by now, my guest on this week's episode is Santa Claus!
And, if you ask nicely, Santa can tell you where to get copies of my books, Crushing Debt, and Become Debt Free, as stocking stuffers (instead of coal).
Thank you Joe for the information for this week's episode, although the interview of Santa is parody.
Merry Christmas and Happy Holidays to all who celebrate from The Crushing Debt Podcast!
Imagine you've bought a home, likely the largest investment you'll ever make in your lifetime. The house is perfect: enough bedrooms for your kids to have their own space, great kitchen, master bedroom with walk-in closets, a yard outside with space to set up your grill and entertain, etc. You move in and things are great, for a few months.
Then you notice things start to go wrong. Something doesn't work quite right. Something is off.
Then a major component goes bad: the electrical system, the plumbing, the roof, the air conditioning unit, or something else.
Why didn't the seller disclose to you that something was wrong? Now, its going to be thousands of dollars to fix - thousands of dollars that you don't have because you just closed on the house?
What do you do?
Put the shoe on the other foot ... you love your house, but its time to sell and upsize or downsize. Yes, the house has its quirks, but everything works fine. You sign a contract with the buyer, they do their inspections, then you close. You are sad to move, but excited about your new house and happy that the buyers love the house and will take care of it from here on out.
Months later, you get a nasty letter from an attorney, or a call from your Realtor - the buyers are going to sue unless you pay thousands of dollars because you did not disclose some issue with the electrical system, the plumbing, the roof, the air conditioning unit, or something else.
But, you argue, the Buyer did their inspections and you didn't know about the issue that may now form the basis of the lawsuit against you.
What do you do?
In this week's episode of The Crushing Debt Podcast, I discuss the seller's responsibility to disclose and how that is based on the Florida Supreme Court case of Johnson v. Davis, 480 So.2d 625 (1985).
If all these facts are present, then the Seller must disclose the issue to the Buyer. Of course, if all these issues are present, there's one more factor - is the Buyer collectible?
Remember, my second book, Become Debt Free in Less Than One Hour, is still free at www.ShawnMYesner.com/BecomeDebtFree.
It seems like lenders grant or deny loan modifications at random, but there is a set of criteria that they follow, that until now has been a bit of mystery.
Our guest on this week’s Crushing Debt Podcast, Sue Reynolds, a Realtor with Archer Realty, created a worksheet using the bank’s formulas to support when clients should qualify for a loan modification.
Sue created the Homeowner Expense Analysis Worksheet to use as a supporting document in applications for loan modifications and short sales. The Expense Worksheet is a budget worksheet that helps predict when a modification should be denied or approved. Sue has allowed me to share the worksheet with you!
Go to www.ShawnMYesner.com/ExpenseWorksheet to get your free copy. You can also contact Sue at Sue@ArcherRealty.us, or contact me at Shawn@YesnerLaw.com to learn how to use the worksheet and what to avoid when using the worksheet.
In today’s episode, you’ll also learn what loss mitigation is and what they do.
Do you know the five factors that make up your credit score?
Do you know what drops your score or how to improve your score?
This week's guest on The Crushing Debt Podcast is Kristi Nowrouzi. "Credit Kristi" has been a mortgage loan officer for more than ten years and was a short sale negotiator at my previous law firm for four years. Kristi is a credit specialist and has seen thousands of credit reports and helped hundreds of families obtain their dream of home ownership. Kristi's passion is to teach and guide about the foundations of credit, which is vitally important to have and to protect.
Kristi and I discuss:
You can contact Kristi at Questions@CreditKristi.com and subscribe to her podcast Credit Coaching by Kristi.
If one of your 2021 goals is to become debt free, please visit www.ShawnMYesner.com/BecomeDebtFree.