ROSIE O’DONNELL SELLS CHICAGO HOME FOR $147K LESS; ONLY ONE YEAR LATER

It appears Rosie O’Donnell had an extremely short residency in Chicago.  The Tribune reported that she sold her home for $2.103 million, which is $147,000 less than she had paid for it last year.  She purchased it from an executive at Harpo Studio, when she joined the OWN network, to help Oprah boost ratings.

As we all know, The Rosie Show failed miserably and she is now headed out of our wonderful city.   Although she lost money on her home sell, and her show is over, at least she found an Injury Attorney who could afford it.

Didn’t she know it’s best to rent until your job is secure?  I guess she was confident it would last…oh well, she has enough cash to take a loss.

5LINX OFFERS NEW ENERGY PROGRAM & ONE STOP SHOPPING TO SAVE MONEY

The new buzz is new energy resource options and it is picking up steam among consumers.  Since its inception, 5Linx has offered many residents the opportunity to save hundreds of dollars a year.  It is a smart choice to consider switching, since this fast growing company combines an energy program with many other savings.

5LINX provides savings on not only your energy resource, but on Digital Phone Service, Broadband Internet, Security Systems, TextAlertz Mobile Marketing and more!

VISIT 5LINX WEBSITE TO LEARN MORE!  If  you are interested in these services visit the PRODUCTS PAGE and then sign up with Stan Williams at this LINK.  Visit the opportunities section for information on becoming a business partner.

5LINX is a premier network marketing company offering consumers and businesses a wide range of services that leverage the latest technologies to save them money. (NP) Our successful business model has resulted in unprecedented growth. In fact, 5LINX® was named an Inc. 500 fastest-growing company for four consecutive years (2006-2009) and has been featured in numerous publications. The 5LINX® direct sales model has helped thousand experience the benefits of entrepreneurship with little risk and minimal investment compared to traditional retail or franchise models. (NP) At 5LINX we are also proud of our efforts to support wonderful social and not-for-profit activities, including the See Your Troops Foundation in which we provide $100,000 in products and services to enable our service men and women to stay connected to loved ones back home via our proprietary GLOBALINX® VideoPhone and VoIP service.

2012 MORTGAGE DEBT RELIEF PROGRAM MAY BE ON THE WAY; WOULD YOU QUALIFY?

The Wall Street Journal posted a very compelling article on a new program currently in review.  It would essentially allow many homeowners to be forgiven for some of their mortgage debt.  If you currently owe more than your home is worth, Fannie and Freddie are in talks to come up with a plan to offer assistance.  The Obama administration has pushed for similar programs and would likely back this decision.

In the post by the WSJ, acting director of the Federal Housing Finance Agency, Edward J. DeMarco, is quoted as saying, “In some circumstances it might make economic sense for the government-run companies to reduce borrowers’ mortgages, taking a hit to modify the loan but also making it less likely that a homeowner will default”.

It’s not yet clear who would qualify for this extremely needed help, or if it would make things better or worse.  Some argue it may cause some homeowners to stop paying their mortgages altogether, others believe it may stabilize the overall economy.

If you are deeply underwater on your home, it is something to follow closely.  Read the article and keep an eye out for the outcome, this plan may possibly be your saviour.

IF YOU ARE CURRENTLY CONSIDERING A SHORT SALE…ANOTHER GOOD ARTICLE TO READ.