"Your Home Your Money"

Florida Mortgage Radio Show

Your Hosts: Michael Eastham & John Ripley

“Your Home – Your Money” is brought to you by Global Lending Group. Launched in May of 2004 this show is both educational and entertaining. Hosts Michael Eastham and John Ripley bring years of Financial and Real Estate savvy to listeners throughout the state of Florida and around the country via the World Wide Web.

Each week listeners gain new insights on current market trends in Real Estate as well as sound financial management and wealth building strategies. The show can be heard Mondays at 4:00 pm on AM 950 WTLN, Mondays at 5:00 pm on 1320 WBOB, Saturdays at 1:00 pm simulcast on AM 950 WTLN, AM 570 WTBN and AM 910 WTBN and AM 660 WORL and WLSS and WGUL. Your Home Your Money is also rebroadcast Sundays at 3pm on AM 660 WORL in the Orlando market.

Each week John and Mike take your calls and answer your questions about Real Estate, Mortgage Financing and Long Term Financial Planning Strategies. You may be experiencing tremendous financial challenge from a burgeoning debt load, or you may be enjoying ever increasing prosperity and not know how to properly manage it. No matter what your situation, the Trusted Advisors at Your Home Your Money can help.

Radio Station	Coverage Areas	Show Times
	Orlando Winter Haven Deltona Kissimmee Titusville Cocoa Beach Melbourne Palm Bay Vero Beach Fort Pierce Port St. Lucie	Saturdays 1-2 pm Sundays 2-3 pm
	Tampa St. Petersburg Clearwater Sarasota Largo St Pete Beach Palm Harbor Tarpon Springs Lakeland Brandon New Port Richey Hudson	Saturdays 1-2 pm
	Casselberry Winter Park Oviedo Winter Springs Orlando Winter Garden Clermont Lake Mary Metro West Sanford	Mondays 4-5 pm Saturdays 1-2 pm
	Tampa St Petersburg Clearwater Brandon Tarpon Springs Safety Harbor Clearwater Beach Seminole New Port Richey Port Richey	Saturdays 1-2 pm
	Tierra Verde St. Petersburg Beach Sarasota Bradenton Bradenton Beach Lakewood Ranch Venice Englewood Myakka City Ellenton	Saturdays 1-2 pm

Here are some recent callers and their questions.

1. I have been listening to the show and heard you talk about the increase in credit card payments. I have quite a bit of debt because of an illness and I was not able to work for 6 months. I’ve been back to work for quite a while and, like you said, I have seen my payments more than double. It wasn’t a big deal before, but now it is really killing me. I just don’t seem to be able to make any progress?
2. I have $100k in cash from the sale of my house and we want to buy a new house and I know it is a great time to buy something. I was going to use the whole amount to put down on the new house, but after listening to your show, I’m not sure that is the best thing to do. Can you give me some advice?
3. I bought my house just under 2yrs ago. We had some credit problems and as a result, needed a loan that was fixed for 2 yrs. I don’t know how much the rate is going to increase, but from what I hear it could be a lot. How can I find out
4. We have been married for 3 yrs and are ready to buy a house. We have been religiously saving and have put aside about $35,000 to use. What types of things should we do if we would like to get the ball rolling and be in a house before end of summer? Have thought about using an interest only loan, but not sure if that is the best thing…
5. My wife & I got our house about 3 yrs ago and my credit was pretty good. My problem was I had just started my business and we ended up getting a loan that will start to adjust after 3 yrs. I was listening to the show and heard you guys talking about it and it reminded me of my situation. Do you have any suggestions?
6. I closed on a new house just a couple of months ago and bought it before it was built. It appraised for about $400,000 and we paid $250,000 for it over a year ago. I would like to tap into the equity for a couple of reasons, but my friend and my bank told me that I would have to wait at least a year before I could do anything. Is that true?
7. I have a friend that has bought a couple of houses from builders pre-construction and sold them and made a pretty good amount of money. He keeps telling me that I should get into it also. I see new developments all over the area but I am not sure which ones are the best deals right now. Is there still opportunity to make money here or not?
8. I have had my house for 6 yrs. About 2 yrs ago, my company relocated to Texas and I decided not to go, so I quit and was not able to find a good replacement job for about 6 months. Since I didn’t have much savings, I racked up about $35k in credit card debt just to cover living expenses. It wasn’t that big a deal until the payments almost tripled a few months ago. Now it is killing me and I am just getting by. I heard you talking about this and wanted to call to see if you could help me out.
9. I have owned my home for 3 yrs and I have about $150k in equity. I would like to look into buying some investment property and either renting it out or fixing it up and selling it. Is it difficult to get financing for investment properties? What do I need to know to get started?
10. I bought my house just under 2 yrs ago and got a 2yr ARM mortgage because I had a bankruptcy a few yrs back. I know that the rate is about to adjust and I am concerned about the jump in payment. Can you help me look at this and figure out what to do?

If you can relate to some of these callers then join us on the air for lively discussions about home equity, debt management, early retirement and using your home’s equity as financial planning tool. Whatever your situation we would enjoy the opportunity to share some insights with you. To be a part of the Mortgage radio show Your Home Your Money call 1-866-388-1036 and asked to be connected to our studio live!