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Wednesday, 20 February 2008
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More than 83,000 foreclosure cases were filed last year in Ohio.
The cost of devastation from abandoned property - an outgrowth of the foreclosure crisis - totals more than $63 million across the state. The bill includes foregone property taxes as well as the costs of fighting fires, boarding up homes and keeping lots clear of debris.
In the Cleveland area alone, the price tag tops $35 million, according to ReBuild Ohio, a collection of local government, nonprofit and civic groups concerned with the debilitating effects of vacant and abandoned property.
Read the rest of this story from the Plain Dealer...
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Tuesday, 19 February 2008
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Event Designed To Help Akron-Canton-Cleveland Area Residents
Concerned About Foreclosure
With the Akron metropolitan area ranked 12th in the nation in the number of foreclosures in 2007 (RealtyTrac), the State of Ohio is sponsoring an event to help Akron-Canton-Cleveland area residents avoid foreclosure.
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Read more...
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Tuesday, 19 February 2008
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Even if every lawyer in Ohio handled a home foreclosure case, there would be almost 50,000 cases left over.
But that's more reason to help out, the Ohio Supreme Court says.
Chief Justice Thomas Moyer wrote to all of the state's 37,000 active lawyers Friday calling for more free legal help for Ohioans about to lose their homes.
Read the rest of this story from the Plain Dealer...
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Wednesday, 13 February 2008
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WASHINGTON — Homeowners whose mortgage debt was partly or entirely forgiven during 2007 may be able to claim special tax relief by filling out newly-revised Form 982 and attaching it to their 2007 federal income tax return, according to the Internal Revenue Service.
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Read more...
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Monday, 11 February 2008
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It's not just the purchase price of a pet that costs money; it's the feeding, grooming, vet bills, and boarding that can really add up to a lot.
In an effort to teach children about managing money, Texas CPAs provide parents with a pet ownership worksheet to help your family budget the expenses associated with getting and keeping man's best friend (or a furry feline).
Texas CPAs suggest incorporating the following money lessons in the purchase and care of a family pet:
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