Welcome to this weeks edition of Baby Boomer Finance – Frequent-Flier Credit Cards
Show Notes:
The airlines are reducing flights all the time. Using your frequent flyer miles on tickets now have additional fees. Unless you are elite class you may have few if any benefits anymore.
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Welcome to this weeks edition of Baby Boomer Finance – Pricing Your Home For Sale
Show Notes:
How do you price your home for sale? You need to consider the current economy, neighborhood environment and what recent comparable homes have sold for. You don't want to be on the market for 4 – 6 months with no active offers. The longer you are on the market the lower your home value becomes. The object is to sell it quick and for a good price.
Don't let your emotions dictate the price. You feel attached to your home. Buyers don't. During a buyers market with many foreclosures in the market at reduced prices, you need to think carefully about what you want to price your home at.
Buyers feel attached to their money and don't want to spend more then they have to. They can buy any home in their price range. Your home will not even be seen by buyers if it is outside their price range or what they feel a home in your neighborhood should cost.
One realtor trick is to show a home that is over priced so that they can sell a more reasonable home to their client. Look you get the same home for less. Buy this one and save.
Whether or not you are in a hurry to sell, price it right to sell. Don't chase after the lower market price. You will probably end up selling it below market value because you are so frustrated. So don't get frustrated, price it right from the start.
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Welcome to this weeks edition of Baby Boomer Finance – Ditch The Gas Guzzler
Show Notes:
Well maybe not. Go to www.Edmonds.com and use their "Gas Guzzler or Gas Sipper" calculator. You maybe surprised at the answer. Your gas guzzler is at its lowest value now and the gas sippers are at their highest value. Not a good time to trade in a gas guzzler. But use the calculator to help you make the right decision.
Stay away from the emotions and use facts in making this costly decision.
If you are like me, you will keep your gas guzzler. I don't fit into the gas sipper cars. I am too tall.
And what if you have a trailer to haul? Will the gas sipper pull it safely?
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