Baltimore Grows

I was interviewed for a story broadcast on Channel 2 WMAR-TV this evening.

Although it is true that many houses have experienced a decline in value, this isn’t true for all houses in all neighborhoods. I pointed this out to Ms. Sterman but for some reason she didn’t see fit to include my remarks in this insightful report.

The interview took place in Baltimore County. Believe it or not, there are some houses in Baltimore City that have held their value, and even appreciated.

MD Home Values

Joshua Berlow

There’s a petition going around to bring the FIFA World Cup to Baltimore.  Baltimore has been on a bit of a Soccer roll recently.  Keep it going by clicking on the link below and signing the petition!

http://www.gousabid.com/city/local/baltimore-md/

There are 27 US cities competing for the game.  The Bid Committee will be narrowing the field down to 18 over the coming weeks, so don’t delay!

For a full list of cities, go here: http://www.gousabid.com/city

jeffcantonite@yahoo.com

Many people often have an unexpected need for instant cash. Short-term cash advances, including online loans, can be a very helpful to sort out a short-term financial crisis. However, the way you handle that advance can have a significant impact on your overall financial health.

How Cash Advance Services Work

Most cash advance companies lend money on the expectation that they will receive their loan back on the borrower’s payday. This means that the advance company holds onto the paycheck until they may cash it or the borrower will pay the company what he or she borrowed when it is their payday. While borrowing from cash advance services may seem helpful, there are some drawbacks that a person should keep in mind. Obtaining advances from these companies may lead to a lost paycheck, high interest rates, fees or penalties, and a slippery slope into debt.

Cash Advance —Advantages

Perhaps the biggest advantage of a cash advance is that you can get money when you need it. If you are traveling or faced with a money sudden need, a cash advance can be the right solution. Even if your credit is bad, you can get a  easy cash advance loan. Customers typically receive approval within hours. Since the money is wired directly into their checking or savings account, they can usually have access to the money the next day. Qualifying for a payday advance is easier than qualifying for traditional credit.

Cash Advance — Disadvantages

The big disadvantage of cash advance loans is that interest rates are very high for these short time advances. If you default on the loan and can’t make your repayment on time, the interest rate can increase to an extremely high figure and you can find yourself in a serious financial situation. In those cases, getting a cash advance could turn out to have been a very expensive choice. Sometimes the ease of getting these loans can cause people to be too quick to use them. The interest charged on these loans is often a fixed percentage point above the prime rate. Additionally, there is rarely a grace period in which no interest is charged.

If you understand the advantages and disadvantages you may decide it will be beneficial to get a cash advance now.