04.24.23 Two Mortgage Warnings / Clarks NEVER NEVER Advance Deposit Rule
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