Ask Chuck: Beware of Bidding Above Asking Price for a Home

Dear Chuck, We’re trying to buy a house, and our realtor suggests we sign an “Appraisal GAP” clause in our offer that is above the asking price. Should we do it?  First-Time Homebuyers   Dear First-Time Homebuyers,  For some, it is a crazy real estate market right now! A member of our staff is trying […]

Ask Chuck: Should We Use Our Retirement Funds to Get through a Tight Spot?

Dear Chuck, My husband’s sales job has not produced good income since the pandemic. We’re in our early 60s, have $10,000 in a savings account, $25,000 in our 401(k), a paid-off home, and no debt. We’ve considered downsizing. Do you advise drawing down on our 401(k) now?  Managing Cash Flow    Dear Managing Cash Flow, […]