04.24.23 Two Mortgage Warnings / Clarks NEVER NEVER Advance Deposit Rule

Published: April 24, 2023, 11 a.m.

b'One of the biggest financial decisions in life is the purchase of a home. Clark has warnings about 2 trends that can be perilous in the long run for home buyers. Also on today\\u2019s episode, the recent shuttering of David\\u2019s Bridal stores points to a bigger concern: How to handle making an advance deposit on a future purchase. Clark has an important \\u201cNEVER NEVER NEVER NOT EVER\\u201d rule, to protect your money.\\xa0\\n\\n2 Mortgage Warnings: Segment 1\\n\\nAsk Clark: Segment 2\\n\\nAdvance Deposit Rule: Segment 3\\n\\nAsk Clark: Segment 4\\n\\n\\nMentioned on the show\\n\\nFeds expand 40-year mortgage eligibility. Experts say it could lead to more.\\n\\nNYT - Retired and Buying a Starter Home. It\\u2019s Forever.\\n\\nBanks Are Closing Customer Accounts, With Little Explanation\\n\\nHow Many Credit Cards Should I Have?\\n\\nCapital One now rejecting transactions from Affirm, Afterpay and more\\n\\nWSJ: David\\u2019s Bridal Will Close All Stores in Chapter 11 Unless Buyer Emerges\\n\\nDo Not Give Your Social Security Number at These Places\\n\\n\\nNYT - Shifting Norms on Tattoos in Japan\\n\\n\\n\\nClark.com - Streaming TV\\xa0 -\\xa0 Live TV Streaming Channel Tool\\n\\n\\n\\nClark.com resources\\n\\nEpisode transcripts\\n\\nCommunity.Clark.com\\n\\nClark.com daily money newsletter\\n\\n\\nConsumer Action Center Free Helpline: 636-492-5275\\n\\n\\nLearn more about your ad choices: megaphone.fm/adchoices\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'