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News Roundup: Student Loans, Tax Extensions, Quick Sale Real Estate, And Free Credit Monitoring

A few important topics to cover and I thought I would blend them all into a news roundup article.

1. A New Quick Way To Sell Your Home

There is a revolution taking place in home selling. Led by Open Door, sellers can now avoid the process of a traditional sale. No more worrying about keeping your house spotless for showings and waiting months for your home to sell. Quick sale firms perform an inspection and value analysis and make a quick sale offer. There are fees of between 5 and 10 percent and you most likely won't get as much money using this approach (I would estimate that you will net only 90 to 95 percent of what you would in a traditional sale). Still, a worthwhile option for people that need to sell quickly or want to avoid the hassle of the process.

2. Tax Filing Deadline Is April 18

Remember to file your tax return by April 18 or file an extension with the IRS Remember that an extension to file is not an extension to pay taxes owed. If you need more time to pay your taxes you will need to apply for a payment plan. 

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3. Student Loan Payments Still Suspended

If you have a student loan, the current moratorium on payments has been extended to August 31. We don't know if this will be the final extension but many believe there are more extensions to come, especially with the election coming up in the fall.

4. Free Credit Monitoring 

Two great sites that provide basic credit monitoring and also a number of useful tools for improving your credit score are Credit Karma and Credit Sesame.  If you don't want the expense of paying for more deluxe credit monitoring, these are two excellent free options.

Helping you make the most of God’s money!

James L. Paris
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