David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  Over the last ten years 40 million people a year have moved to new homes.  The New York Times recently ran an article describing moving as one of life's most stressful experiences- oftentimes not made any easier by the moving company you hire.  In an industry with little regulation and lots of scams, homeowners are often taken advantage of at a very vulnerable time in their lives.  My tip today: Don't get ripped off.  Visit Moving.org for expert advice in making an informed decision on hiring a professional mover you can trust.  I'm David Bach. For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner.  And visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  The FBI reports foreclosure fraud is at an all time high- having received more than 35,000 mortgage fraud reports last year- totaling almost 1 billion dollars.  Foreclosure fraud usually involves a company claiming that they can help you keep your home.  These "rescue scams" result in the homeowner losing the equity in their home or even signing away ownership completely- without even realizing it.  If anyone approaches you with an offer that sounds too good to be true.  Walk away.  Instead, contact your lender directly for a bona fide work- out strategy.  I'm David Bach.  For more tips on smart homeownership, visit my website at davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  In many areas right now, homes are both taking longer to sell and they're selling for less money.  According to the National Association of Realtors, sellers assisted by an agent get a price for their home that's 16% higher than those selling on their own.  Realtors offer their services and expertise for about a 6 percent commission of the sales price.  In this market, they have to work hard to make that sale, yet their fee is often negotiable.  My tip today: Sell your home quickly and for a better price.  Visit Realtor.com to find a professional in your area.  I'm David Bach.  For more tips on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  Do you own savings bonds? There's currently more than 35 million matured, but unredeemed savings bonds being held by owners who, quite possibly, have simply forgotten about them.  Once a savings bond matures it stops earning interest.  My tip for today: Dust off those savings bonds that you've been storing in a safe place all these years. Then log on to treasury.gov for the complete list of savings bonds that are no longer earning interest and follow the instructions to redeem them. The site also lets you know who to contact if your paper savings bonds have been lost, stolen or destroyed.  I'm David Bach.  Get 14 days of free financial coaching.  Visit FinishRich.com for details.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  When you're buying a home, your lender requires a real estate appraisal before you can get a mortgage.  In this fluctuating environment, mortgage investors and lenders are being extra conservative and careful.  They're looking to only fund mortgages on homes where an accurate value has been identified by a licensed appraiser, doing a traditional home site visit.  My tip today: Ask your Realtor for a referral to a large, financially stable lender- then get your home appraisal done by a professional who has been sanctioned by that lender. I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com for details.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  You wouldn't buy a home without first having it fully checked out by a professional home inspector.  But what do you know about the condition of the community you plan to live in?  I recommend extending your home inspection to include a full environmental report of your area.  My tip for today: Get your pollution report card by visiting scorecard.org.  Search by zip code and within seconds receive a FREE, in depth pollution report covering air and water quality as well as toxic chemical levels in your neighborhood,  I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  Our government reports that there is currently over $32 billion dollars in unclaimed property funds- How about you, does any of that money have your name on it?  Log on to the National Association of Unclaimed Property and visit their website at Unclaimed.org to find out.  Last year, property totaling almost 2 billion dollars was reclaimed and paid out to close to 2 million people- property including abandoned checking accounts, savings accounts, stocks, dividend checks,  paychecks, and more.  This free site allows you to search by state so be sure to check each state that you've lived in.  I'm David Bach.  Get 14 days of free Finish Rich coaching.  Visit FinishRich.com for details.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  In 2005 Hurricane Katrina devastated the gulf coast- wiping out over 275,000 homes- leaving hundreds of thousands of people homeless.  The senate is now considering legislation to better help families who lose their homes to natural disasters and Habitat for Humanity is leading the support effort.  My tip today: visit Habitat.org and click on "Take Action" to send an email to your senator in support of this legislation.Hurricane season is at its peak. Together we can work to provide an appropriate housing response and recovery plan to avoid another disaster like Katrina.  I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com. 

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  If you find yourself in a car lease that you can no longer afford, there are now alternatives to breaking that lease- which could potentially save you thousands of dollars.  My tip today: Read the fine print in your agreement to make sure your lease allows for a lease transfer.  Then visit LeaseTrader.com or SwapALease.com- two big players in the auto lease transfer business.  Each offers an online service to match leaseholders who want out of their contracts with those willing to take them over.  The process isn't free but will save you tons of cash considering the alternatives.  I'm David Bach.  If you liked this tip, you'll love my free newsletter.  Subscribe at davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  New homes are often far from perfect.  In fact, a study done by Consumer Reports revealed that 15% of newly constructed homes had serious defects. And J.D. Power and Associates recently reported a 7% increase in construction complaints by new homebuyers last year.  My tip today: If you're considering buying a newly built home, don't assume that just because it's new, there's no reason for a home inspection before you buy.  Visit the American Society of Home Inspectors at ASHI.org to hire a professional.  And be sure to attend the inspection yourself.  I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  The news is filled with stories about mortgage lenders shutting down or struggling to find the funds to send to the closing table.  In fact, over the last nine months, 120 mortgage lenders have closed their doors.  My tip today: If you're buying a home, check out your lender’s financial standing first. Select a stable company that has operated prudently under federal regulation.  Enlist your Realtors' help to identify lenders that can weather this environment.  Eventually the mortgage and real estate industry will find an even keel, but for now, be a careful, educated buyer. I’m David Bach. For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com for details.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  One of the smartest things you can do when you run your own company is to make the decision to Pay Yourself First by setting up a self employed retirement account- yet many small business owners simply don't do it.  This is a big mistake.  In fact, taking advantage of the government's generous tax breaks for small business owners can truly make you rich.  My tip today: Visit SBA.gov or talk to your accountant about your options.  From SEP IRA's to solo 401(k)'s there's a plan out there that's right for you.  Don't let another year go by without saving for your future.  I'm David Bach.  Get 14 days of free Finish Rich coaching right now when you visit FinishRich.com for details.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  An increasing amount of home insurers are now basing deductibles- especially for damage caused by natural events- on a percentage of the value of your home.  More than likely this means a higher out of pocket for you.  The Wall Street Journal recently confirmed that millions of homeowners are now being affected by this new policy.  How will you know if your deductible has changed?  My tip today: Call your insurance company and ask or at the very least read the "declarations page" that's included in your renewal notice that you receive in the mail. I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  If you're familiar with my books you know that I'm a big believer in supporting your favorite charities.  But it's important to  ensure that the charity to which you're giving your hard earned dollars, really uses these funds to help the people or causes it's supposed to be helping.  My tip today: Before you give, visit sites like GIVE.org- the web site of the Better Business Bureau Wise Giving Alliance. Here you can find out if your charity of choice meets specific standards for accountability.  Other helpful sites for research include JUSTGIVE.ORG and GUIDESTAR.ORG.  Be a smart giver. Do your homework first.  I'm David Bach.  Get 14 days of free Finish Rich coaching.  Visit MyFinishRich.com for details.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  Do you know if your mortgage contains a pre-payment penalty clause?  Many sub-prime mortgages do- which means if you refinance you'll be responsible for paying a fee that could amount to thousands of dollars or more.  My tip today: If your loan requires that you pay a penalty for refinancing sooner than you agreed to in your closing documents, talk to your lender.  If you're having trouble making your mortgage payments and a refinance would help, your lender might be able to waive the prepayment penalty.  But you won’t know for sure until you ask!  I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  There are over half a million newly built homes sitting on the market.  The National Association of Home Builders reports that 56% of builders are now offering huge incentives to home buyers- from thousands of dollars in upgrades to offers to pay a few month's of mortgage payments.  This could be your chance to get a great deal on a new home.  My tip today: Be a smart buyer.  With a pre-approval from your lender in hand, ask to see the builders best deals on finished homes that they have in inventory- then don't hesitate to negotiate.  I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  Reverse mortgages are gaining popularity.  In fact, over 76,000 seniors took out a reverse mortgage last year.  If you're age 62 or older you can apply for a reverse mortgage to convert your home's equity into tax-free money.  You don't repay the loan until you sell your home or no longer live in it as a primary residence.  There's no income, employment or credit check to qualify.  And although most reverse mortgages offer an adjustable rate, lenders are now starting to offer fixed rate products as well.  I'm David Bach.  Find out if tapping your home's equity through a reverse mortgage is the right choice for you.  Visit my website at DavidBach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.? Summer's over and for many of us it's back to work! September is the perfect time to check whether you're on track to fully fund your retirement plan.? If you're under 50, you can save up to $15,500 pretax in your employer's 401(k) plan in 2007.? For those over 50, there's a $5,000 catch- up provision that allows you to save up to $20,500.? If you're not on track to max out, ask your HR department how you can increase your contributions from now until the end of the year. I'm David Bach.? Automating your finances has never been easier check out my new Automatic Money Manager.? For details and a 30-day free trial, visit my website at FinishRich.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  According to financial services giant Credit Suisse, next month alone we'll see a record breaking $50 billion in mortgages reset to a new rate.  Again, that number is just for October.  If you're a regular listener of the FinishRich Minute, you've already heard me give the advice to call your lender if you have an adjustable rate mortgage that's going to reset this year.  My question to you today is, have you made that phone call yet?  Find out what your new monthly payment will be and discuss your options with your lender if you anticipate problems affording the new payment.  I'm David Bach.  For more information on smart homeownership.  read my #1 bestseller, The Automatic Millionaire Homeowner and visit finishrich.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  Did you know that nearly 1.6 BILLION people worldwide live in substandard housing? Wow... Habitat for Humanity has launched an online initiative to raise awareness of poverty housing issues in the United States as well as across the globe.  They're asking for visitors to their site to become advocates for affordable housing by contacting our elected officials in congress to ask them to vote in favor of policies that support affordable housing.  Visit Habitat.org to register for details.  In full disclosure I am a board member of Habitat because I really believe in their cause.  We all have the power to make a difference.  Let your voice be heard.  I'm David Bach.  Learn how you can give  back by reading my #1 bestseller, The Automatic Millionaire Homeowner and visiting davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  The Wall Street Journal reports that the IRS is reviving its random-audit program.  Effective October, thousands of taxpayers will be selected for a random audit even if there's no reason to suspect them of cheating.  The IRS is aiming to collect on an estimated 290 billion dollars that it should be collecting each year, but doesn't. These audits will be intensive so if selected, come prepared with as much supporting documentation as possible- neatly organized and ready to go. Consider enlisting the help of a professional accountant or for simple returns, a tax preparation firm can help for less money.  I'm David Bach. The FinishRich Minute is now available on Itunes as a podcast.  To subscribe visit DavidBach.com. 

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  If you're shopping for a new home, consider an Energy Efficient Mortgage.  An EEM as it's called, takes into consideration that an energy efficient home costs less to operate.  An EEM enables a borrower to qualify and afford a larger mortgage because they'll be spending less on energy costs.  And it's not just applicable to new homes!  If you're buying an existing home and plan to make significant energy improvements, an EEM could be right for you.  So ask your lender if they offer an Energy Efficient Mortgage and if so, how your home can qualify.  I'm David Bach, for more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  If you're among the 50 percent of employees who have less than $25,000 saved for retirement, there's one thing you can do TODAY that will fundamentally change the course of your future.  Sign up for your 401(k) plan at work or if you're already signed up, increase what you put in the plan.  Most participants save only 3 percent or less of their income.  Others only save the minimum required in order to get their employer's match.  That's a huge, huge financial mistake!  The maximum contribution you can make this year is $15,500.  If you're over 50, it's $20,500.  Make it your goal!  I'm David Bach.  Get 14 days of free Financial coaching by visiting davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  If you work from home, here's a tip just for you. According to a recent survey, many homeowners were not aware that their standard homeowner's policy does not cover any personal property or equipment that's used for business.  Not only that but if a client was to get hurt on your property, those injuries would not be covered through the liability portion of your homeowner's insurance.  My tip today: if you use your home for business purposes, make sure you have proper coverage.  Buy a separate business policy.  I'm David Bach.  For more information on being a smart homeowner, read my #1 bestseller The Automatic Millionaire Homeowner.  Download a fee chapter by visiting davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.? With the "Go Green" initiative gaining momentum across the globe, more homeowners are looking to buy or build? homes with eco friendly features.? The green housing movement demands homes that use less energy, use less water, and create less waste.? If you're in the market to buy a green home, you'll want to hire a real estate agent who knows the green market.? Start by visiting EcoBroker.com to find an agent who's been trained and certified by the Association of Energy and Environmental Real Estate Professionals.? Going green is a great way to live rich.? I'm David Bach.? For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner.? And visit my website at davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  When it comes to protecting yourself against identity theft, it's a smart idea to subscribe to a credit monitoring service.  Frank Abagnale, a renowned expert on Identity theft and author of Stealing Your Life recommends choosing a credit monitoring service that monitors all three major credit bureaus- Equifax, Experian and TransUnion- and also notifies you within 24 hours whenever someone has applied for credit in your name.  You'll pay a monthly fee, but like insurance, it's a small price to pay for the peace of mind and protection. I'm David Bach.  You Get 14 days of free Finish Rich coaching.  How?  Visit FinishRich.com for details.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.? When you get a mortgage, your lender must provide you with a good-faith-estimate and truth-in-lending disclosure forms revealing your loan costs.? A recent FTC survey confirms that because mortgage agreements have become so complex, key mortgage costs (including restrictions like prepayment penalties) oftentimes are not communicated clearly enough for the average borrower.? My tip today: protect yourself by questioning any items that you don't understand before you go to closing.? The most important items to know- your full loan amount, term, interest rate, monthly payment- including taxes and insurance- and how much you'll need at closing.? I'm David Bach.? For more tips on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  If you have credit card debt, you're not alone- the average American has about $10,000 in credit card debt.  I've coached millions of people on how to get out and stay out of debt through a simple method I call DOLP- which stands for Dead on Last Payment. Dolping your way out of debt will give you the momentum you need as you systematically paying off each card, one by one.  My tip today: visit my website at DavidBach.com for access to my free resource page to find out how you can apply the DOLP method to reduce your debt.  I'm David Bach. Get 14 days of free Finish Rich coaching- on my website by visiting FinishRich.com for details.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  Over the next year you'll find some great opportunities for homebuying in certain hot spots around the country.  Two years ago a record number of condos were built in places like Florida, Vegas, Phoenix and Denver.  Many properties were bought by investors hoping to flip them for a quick profit.  These overdeveloped markets now have exploding inventories and record foreclosures.  My tip today- use a site like realtor.com to keep track of home prices in these areas.  They may sell for half the price of what they sold for in 2005- so you might find a great bargain.  I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com for details.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  Homeowners, it's important to know the difference between actual cash value coverage and replacement cost coverage when it comes to your homeowners insurance.  With actual cash value coverage,   you're only covered for what it will cost you for repairs or replacement- LESS any depreciation costs.  Replacement cost coverage insures the FULL cost to replace or rebuild, regardless of depreciation.  The difference can amount to thousands of dollars.  So check your policy to see what type of coverage you have on your home and its contents.  Then call your insurance agent to make any necessary changes.  I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  The Wall Street Journal reports that the number of older Americans either currently holding down a job or looking for work has been on the rise for the past 15 years.  Why?  With increasing life expectancies, the end of traditional pension plans and rising health care costs, many retirees find that they need to return to the workforce to supplement their retirement income.  My tip today: take advantage of a number of websites that specialize in matching older workers with employers.  Visit sites like RetirementJobs.com or RetiredBrains.com to start a new career or to find part time work in your area. I'm David Bach. Get 14 days of free Finish Rich coaching. Visit FinishRich.com for details.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  A recent survey reveals that many homeowners don't really know exactly what's covered under their homeowner's insurance.  Do you? Sixty eight percent wrongly assumed that if their car was damaged on their property, the loss would be covered through their policy.  Fifty-one percent thought that their policy would cover damage from a main water line break and 31 percent assumed damage as a result of termites would be covered.  My tip today: Don't make assumptions on your insurance policy.  Avoid costly mistakes by knowing what's covered and what's not.  Then inquire about buying supplementary coverage where necessary.  I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  The New York Times recently reported on a student loan investigation that revealed some surprising facts.  Many lenders are awarding loans to students based on which college they attend and not on their actual credit worthiness.  Colleges are categorized based on factors like graduation rates and history of alumni repayment.  So a student attending a prestigious university may pay 8% for a loan, while a student with equal or better credit who attends a local community college may pay 11%.  My tip today: Shop and compare rates from several lenders- and don't rely solely on the college's list of "preferred lenders."  I'm David Bach. If you liked this tip, you'll love my free newsletter.  You can subscribe at davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.? When it comes to buying a home, the bottom line isn’t how much houses cost.? It's how much you can afford to spend.? Most people can afford to spend 29 percent of their gross income on housing costs- including the mortgage payment and property taxes- and as sometimes as much as 41 percent, if they have no debt.? You should also consider your other savings goals, medical expenses, ongoing household repairs and maintenance, and even how secure your job is.? Once you calculate your magic number, play it safe by knocking off an additional 10-20%.? I'm David Bach.? For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  When it comes to buying a home, the bottom line isn’t how much houses cost.  It's how much you can afford to spend.  Most people can afford to spend 29 percent of their gross income on housing costs- including the mortgage payment and property taxes- and as sometimes as much as 41 percent, if they have no debt.  You should also consider your other savings goals, medical expenses, ongoing household repairs and maintenance, and even how secure your job is.  Once you calculate your magic number, play it safe by knocking off an additional 10-20%.  I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  If you own your own business, one of the smartest moves you can make is to buy the space on which your business is located. Chances are, five years from now the real estate on which your business sits will be worth more than the business itself.  If your business fails, you can still cash in by either renting the space or selling it.  My tip today: do whatever you can to buy the building your business uses- even if you have to start small.  Grow your own net worth, not your landlord's.  I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com for details on my new FinishRich Coaching program.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  Does your 401(k) Plan offer an asset allocation option? Also known as lifecycle funds or target dated mutual funds, these smart investment vehicles are designed to do all the work for you when it comes to diversification.  They offer just the right mix of stocks, bonds and cash all in one fund- depending on your expected year of retirement. They also provide automatic rebalancing of your investments- so as you get closer to retirement, your investments become more conservative.  Ask your benefits manager if your plan offers a lifecycle fund.  Then set it up and let it go to work for you.  I'm David Bach.  Get 14 days of free Finish Rich coaching.  Visit FinishRich.com for details.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  Your home's equity can be a smart source for cash- maybe to pay for the kid's college or start a business.  But, one in three Americans use home equity to pay down their debt.  If you pull cash out of your home for this reason- something I don't recommend- it's absolutely critical that you change your spending habits.  Paying off debt by refinancing or taking out a home loan can turn into a financial nightmare if you're not careful.  Wiping the slate clean only to max out your credit cards will only bury you even deeper in debt.  I'm David Bach. For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com for details on my new FinishRich Coaching Program.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  If you're self-employed, you have an amazing opportunity to build wealth.  I see many entrepreneurs who run as many expenses as they can through their business so at the end of the year, they show little profit and pay less in taxes.  Don't make this mistake.  Instead, take advantage of the benefits that are offered to the self employed and open a SEP IRA.  This year, you can save up to $45,000 pretax!  That's $29,500 more than an employee can save in a 401(k) plan! Smart business owners finish rich. Open your self employed retirement account today.  I'm David Bach.  Get 14 days of free Finish Rich coaching.  Visit FinishRich.com for details. 

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  Here's a fact.  The average homeowner is worth 35 times more than the average renter.  If your dream is to own your own home, start by taking action TODAY.  Open your home savings account and fund it automatically by direct depositing part of your paycheck every month.  Once you've saved 3 month's worth of mortgage payments, seek out lenders who offer First Time Homebuyer Programs.  Get pre-approved for a mortgage but aim to borrow 10-20% LESS than what your bank is willing to lend you.  This will prevent you from buying more home than you can afford.  I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  If you're in the market to buy your first home, congratulations! After all, your home will probably end up being the single most important investment you'll make in your lifetime. Here's my tip for today: Don't think you have to go out and buy your dream house. Instead, think of this purchase as your first step toward helping you to buy your dream house in the future.  You may even have to settle on buying a place that’s not as nice as what you're renting now. That's ok.  The sacrifice will be worth it in the long run.  I'm David Bach. For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  There's a growing trend in the U.S. that allows consumers to pre-pay utilities in order to encourage energy conservation. Once a pre-payment is made, customers track their credit balance via a small, electronic meter in their home.  These "smart" meters are programmed to display how much electricity you're using each hour and how that translates into dollars spent.  Experts predict that over the next few years,  prepaid electric will become the norm.  If you want to keep better tabs on your energy use, call your utility provider to see if a pilot program is available in your area.  I'm David Bach.  Get 14 days of free Finish Rich coaching.  Visit FinishRich.com for details. 

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  Have you heard the new public service announcements aimed at homeowners who are having trouble paying their mortgage?  This nationwide campaign took root after a study showed that 61 percent of delinquent borrowers don't know that they can get help from their lender if they’re falling behind on their mortgage.  The ads encourage borrowers in need not to ignore their mortgage issues and to either reach out to their lender or to go online and visit ForeclosureHelpandHope.org. The tagline for the campaign: Nothing is worse than doing nothing I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  In 2006, there were over 9 million cases of identity theft in this country.  My tip today: stop yourself from becoming a victim by keeping your social security number private.  You'll find that there are many businesses and organizations that will request your social security number simply because it's "on the form."  But just because you're asked for the information, doesn't mean you have to give it.  Who does have a right to it?  Your employer, the DMV, welfare and tax departments and institutions that handle transactions involving your taxes, like your bank.  I'm David Bach.  Get 14 days of free Finish Rich coaching.  Visit my website at FinishRich.com for details.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  The recent sub-prime shake-up in the mortgage industry has forced some lenders to tighten their lending policies- in some cases even close their doors.  With little or no notice, borrowers can find themselves days away from closing- WITHOUT the mortgage they were promised.  My tip today- in case your loan DOES fall through, protect yourself by adding a "mortgage contingency" clause to your purchase contract.  This will let you walk away from the deal and recover your deposit from the seller if your loan doesn't come through.  I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner.  You can download a free chapter today by visiting davidbach.com. 

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  When buying a home, be sure to "run the comps" this means research what comparable houses in the same neighborhood are selling for or have sold for.  Your realtor will be able to do this for you at no cost or visit web sites where you can do it yourself.  Sites like zillow.com or homegain.com are free and their great- you can get wonderful reports on any given area.  The key- bottom line- if you want to know about an area don't guess what the prices are, know the facts.  Your purchase decision should be based on hard facts, not hunches.  I'm David Bach, for more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com. 

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  Smart women know how to LIVE RICH.  Statistics show that women are starting businesses at a rate of THREE times that of men and for different reasons too.  Women start businesses in order to achieve freedom, control and flexibility more than they do for money. Women also have the unique talent for building communities that support them in their success.  If you're a woman with a business idea who dreams of living and finishing rich, visit LadiesWhoLaunch.com.  From networking to funding- the help you need to grow your ideas and start a business of your own is out there. I'm David Bach.  The FinishRich Minute is now available on Itunes as a podcast.  To subscribe visit DavidBach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  The secret to buying a "fixer upper" is to buy one in the nicest area you can afford.  To put it simply, it should be the worst house on the best block.  Make sure you get at least three first rate contractors to give you estimates of what the work will cost and how long it will take.  Then add 50 percent and ask yourself if you really have the time and money to pursue the project.  If yes- ask your lender about home improvement loans that you might qualify for.  I'm David Bach, for more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com for details.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  The median debt for graduates with bachelor's degrees is over $19,000.  If you're a recent college grad struggling with student loan debt, here's a tip for you.  If you're having trouble paying back your loan, call your lender right away.  You may qualify for an extended repayment plan, loan deferral, forbearance or consolidation.  Do all that you can to avoid defaulting on your loan payments, which will leave you with a damaged credit report- and will affect your ability to rent an apartment, buy a home or car- and may even prevent you from getting a job.  I'm David Bach.  My new Finish Rich coaching program can change your life when it comes to money.  Put an end to your financial worries and visit DavidBach.com for details.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  Tighter lending practices may not initially sound like great news for future homebuyers.  But here is the bottom line, improved regulations within the mortgage industry will help prevent predatory lending practices, and that will put families in homes they can truly afford in the long run.  If you're saving to buy a home, here's my suggestion, work hard at protecting your credit rating.  Pay all your bills on time and aim to eliminate outstanding debt.  Once you're ready to buy, you'll have a better choice of mortgage products at lower interest rates.  Before you know it, you'll be living out your dream of homeownership.  I'm David Bach.  For more information on being a smart homeowner, read my #1 bestseller The Automatic Millionaire Homeowner and visit davidbach.com for details.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  A record one million vacation homes were purchased last year.  With vacation homes, taxes can be a bit more complicated than they are for your primary home- especially if you rent the house out for more than two weeks a year.  By doing so, you may not qualify for a deduction on your mortgage interest and you’ll need to pay taxes on the rental income you earn.  However, you may be able to claim repair and maintenance costs as business expenses.  My tip today- talk to a professional tax advisor to find out how current tax rules apply to your situation.  I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner.  And visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  The average amount spent on a wedding last year was almost $28,000.  A growing number of brides and grooms are now purchasing wedding insurance to protect themselves from unexpected losses on their big day.  Policies cover everything from expenses incurred if you have to postpone due to weather to your photographer failing to show or even your wedding gifts being lost or stolen.  Call your insurance broker or visit wedsafe.com to find out more information.  Premiums range from $95 to $1000 depending on the level of coverage chosen- a small price to pay for such a large investment.  I'm David Bach.  My new Finish Rich coaching program is changing people's lives.  Put an end to your financial worries.  Visit DavidBach.com for details.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.? We often hear about the nationwide housing slump but did you know that there are many cities across the country that are currently experiencing a housing boom?? That's right- in Portland, Seattle, Salt Lake City, Boise, Houston, Austin among others, home values are rising which proves the real estate market isn’t national, it's local. The only real estate market that matters is the one you live in.? If you're experiencing a slow market, be extra conservative with your finances, taking care not to overextend yourself.? A closer watch on expenses and increased savings should give you that added security until the market improves.? I'm David Bach.? For more smart tips on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  Retailers are required to limit credit card numbers printed on electronic receipts to the last five digits- as well as omitting the expiration date.  Retailers were given to December 4th of last year to make the necessary changes to their merchant software but the Wall Street Journal recently reported that there have been over 100 federal lawsuits against big merchants who have not yet complied.  Here's what you need to do- protect your credit card information from being stolen by checking your receipts before you toss them and if you toss them, make sure you shred them.  I'm David Bach.  The new Finish Rich coaching program is changing people's lives, let it change yours.  Visit my website at DavidBach.com for details.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  Given the recent increase in mortgage delinquencies- investors, lenders, regulators and legislators are discussing many proactive solutions for consumers who need help.  It'll take some time since they have to figure out a way to do this within the current system.  But the truth is, if you're having trouble paying your mortgage now, you don't have time to wait for their solution.  You have to take matters into your own hands- immediately.  My suggestion today- protect yourself and your home by calling your lender ask them what can they do to help you.  I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  More than one trillion dollars in adjustable rate mortgages are scheduled to reset this year.  How will you be affected? Have you called your lender to determine what your new monthly payment will be and when it will take effect?  Your lender might send you a letter shortly before the new payment amount goes into affect but by then your higher rate and payment will be ready to- kick in.  Instead, call your lender 120 to 180 days in advance and allow yourself enough time to work out your options for refinancing.  I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.? Here's a phenomenal money saving tip for any traveler paying too much for airfare this summer.? Log on to YAPTA.com to earn money back when the airfare prices drop.? YAPTA stands for Your Amazing Personal Travel Assistant and once you've purchased travel tickets directly from an airline, this software will track prices for your particular flight and notify you immediately if prices drop.? You're then guided to call the airline directly to request? a voucher or refund for the price difference- in accordance with that airlines' policies.? During testing, the average user of YAPTA received about $85.? So check it out! I'm David Bach.? Visit my website at DavidBach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  If you're buying a home, will you need private mortgage insurance?  Because it's riskier to loan money to people who make small down payments, lenders require homeowners who borrow more than 80 percent of the cost of their house to purchase private mortgage insurance- or PMI.  PMI covers losses the lender may incur if a borrower defaults and it can cost $50 to several hundred dollars a month.  Here's good news- effective this year premiums for households with a gross income of $100,000 or less are now tax deductible.  I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  Buying a home?  Now more than ever it's important to find a mortgage advisor you can trust- who will provide you with options you can afford long term, and at the best possible rate.  Look for an advisor with a minimum of three years experience who has arranged at least 24 purchase mortgages in the previous year.  Find out the kinds of mortgages your potential advisor recommends and why.  If you're not comfortable with their explanations, keep interviewing.  Remember, getting the right mortgage can be the biggest financial decision you'll ever make. I'm David Bach.  For more tips on choosing a great mortgage advisor, read my #1 bestseller, The Automatic Millionaire Homeowner and visit davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  Looking for your dream home?  Rather than selling your current home in order to trade up to a bigger space, how about considering remodeling?  Remodeling can be a great solution without the hassle of selling- especially in today's tough market.  An added bonus to remodeling is that by updating your kitchen or adding on a new master bedroom, you can expect to recoup some of the costs if and when you do decide to sell.  Contact your lender to find out about a home renovation loan options to help cover your costs.  I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner.  You download a free chapter right now by visiting my website at davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.

David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.

Hi, this is David Bach.  News reports say that Fannie Mae- the Federal National Mortgage Association- is working on initiatives to help homeowners who are having payment difficulties, refinance into more affordable mortgages. Fannie Mae itself doesn’t actually lend money—what it does is provide the financing that makes it possible for the banks to lend money to consumers.  My tip today- if you're having payment problems, call your mortgage lender to see if your loan qualifies for these new, special loan options offered by Fannie Mae.  I'm David Bach.  For more information on smart homeownership, read my #1 bestseller, The Automatic Millionaire Homeowner.  Download a fee chapter by visiting my website at davidbach.com.

Visit davidbach.com for mortgage information and to find a branch near you.