Business & Finance - 17 July 2007

I inherited a house from my father, through his irrevocable trust. He died, almost to the day, when we get our taxable assessment from the Michigan township where we live. Should I use the township assessor's value instead of paying an assessor, to calculate the value of his estate? It's simpler, and saves me a few bucks. Or should I get the house assessed now to pay lower taxes on the 'stepped up' value of the home later, when I eventually sell it, probably in 7-10 years. Will getting an assessment on the house's past value be a big headache down the road? A big expense?

2007-07-17 02:08:27 · 7 answers · asked by Anonymous in United States

I am having to sell my house because of Divorce, someone told me if the price of the sale is greater than that value of the day that the partner left the matrimonial home, and that they have not contributed to the mortgage payments ect, that they are only entitled to half of the equity from the previous day. I this true?

2007-07-17 02:00:26 · 2 answers · asked by John m 1 in Renting & Real Estate

My boss is involved in a pyramid scheme (similar to Amway). He is really pushing for me to get involved because I have a lot of friends. He hopes I can get them in this thing too. Trouble is, he is a crappy boss on my full-time job, so I really don't want any more dealings with him. I am also in college, work full-time, two kids, two part-time jobs, so no time for anything else as it is. How do I tell boss of the year to back off? Trouble is, he will assign me crappy projects until one of my coworkers pisses him off. I like my job and the way it's going, hopefully he won't crap on that for me. We work in a government agency, so HR will probably be no help either.

2007-07-17 01:48:57 · 9 answers · asked by badassp51 2 in Other - Careers & Employment

I have bad credit. No credit card debt. Just various debts that are 6 plus years old. I have no savings, so would have to be 100 percent financed. Everyone tells me that first time home buyers can get loans easy, but every realtor I have tried to get a home loan through says no. Is there some lending agency that can help me?

2007-07-17 01:43:19 · 7 answers · asked by bakedflourchild1969 1 in Renting & Real Estate

I am currently engaged to a man who has ran into a lot of financial problems. He is trying to get out of debt however, I am concerned I will be held responsible for his previous debts once we are married. We live in Michigan. At this time I am not on any of the accounts and do not intend to be added in the future.

2007-07-17 01:42:02 · 13 answers · asked by mockingbird17 1 in Credit

2007-07-17 01:40:48 · 1 answers · asked by jahangir 1 in Corporations

Is there a benchmark for putting an offer on a house which is approx 1 year old and you are a cash buyer?

2007-07-17 01:34:02 · 4 answers · asked by K 2 in Renting & Real Estate

Last Friday when I got paid I put in my account a payroll check from a big company. It was due to clear at midnight that same night (which is weird in the first place because most banks made that available right away). Right around midnight I made a debit card purchase. I check my online statement on Tuesday. They charged me an overdraft fee for this transaction. When I called to inquire about it I was informed because at the time of the authorization of the transaction I only had 30 cents in my account they charged me the fee. Keep in mind when the money was actually pulled from my account I had more than enough to cover the small debit card purchase.

No other bank I had dealt with in terms of a debit card does not work like this. Is it legal for them to charge me an overdraft fee at the time of authorization even though at the time when the money was pulled it was there?

I live in Ohio if that makes a difference.

2007-07-17 01:33:03 · 8 answers · asked by butterflykisses427 5 in Personal Finance

I would like to purchase a house that is going up for auction and i am going to go to the court house to see if there are any liens or anything on this house. does any one know how to do this without paying $$$?

2007-07-17 01:31:03 · 2 answers · asked by dewyann40 1 in Renting & Real Estate

2007-07-17 01:28:07 · 2 answers · asked by sonicoxx 1 in Insurance

Please do not give your answer - "Just get a lawyer."
Would be great if you have done this yourself, and please share the experience and any forms that I would require.
Thanks.

2007-07-17 01:17:31 · 3 answers · asked by lklcharles 1 in Renting & Real Estate

2007-07-17 00:56:14 · 5 answers · asked by Anonymous in Investing

If you tell the bank something about you can they then tell another member of staff or an outside business?

2007-07-17 00:55:33 · 1 answers · asked by Anonymous in Corporations

For each of the following items, give an example of a business transaction that has the described effect on the accounting equation.


Increase an asset and increase a liability.
Increase one asset and decrease another asset.
Decrease an asset and decrease owner's equity.
Decrease an asset and decrease a liability.
Increase an asset and increase owner's equity.

2007-07-17 00:54:25 · 3 answers · asked by Anonymous in Other - Business & Finance

2007-07-17 00:41:01 · 5 answers · asked by Haywhzl 1 in Investing

I am in a long distance relationship. We have been together five years. He lives in the Uk and I like in Australia. We have been doing the long distance thing for a year and a half. At the moment we are waiting for his visa approval so he can live here with me. I was planning on going to visit him this year, but I have realised that I just can't afford it. I broke my leg earlier this year and due to this and the two operations I have had to have for my leg, I can't afford to go. This means that I can't see him until his visa is approved as he has already come here this year (when I broke my leg). We have no idea when this will be.
So anyway, I need to raise some money to go over there, because this is killing me. I don't want to get into debt but I just don't know how else I would raise the money.
Any ideas??? Know anyone rich, who has a heart??? :-)

2007-07-17 00:35:14 · 2 answers · asked by Katya M 2 in Personal Finance

I've been sick twice this morning, should i ask to go home?

I was off ill not last week but the week before and am still trying to catch up on work. They might get angry with me, but i really do feel poorly!

2007-07-17 00:35:05 · 23 answers · asked by Anonymous in Other - Business & Finance

I'm waiting for a call from a company I auditioned for last week, they said it'd be Mon-Thurs which means I've got 2 days left to wait...
What's worse is they said if I didn't get in, they won't ring for another week or so, so I don't even know if it's worth me waiting at all...
They have hundreds of people to call and I may not even be one of them...
How can I take my mind off it?

2007-07-17 00:31:55 · 7 answers · asked by Lola 2 in Other - Business & Finance

2007-07-17 00:14:05 · 1 answers · asked by Anonymous in Small Business