10.10.24 Safe Saving: An FDIC Update / The Risks Of Seller Financed Mortgages
The Clark Howard Podcast
Clark Howard
4.6 • 5.2K Ratings
🗓️ 10 October 2024
⏱️ 30 minutes
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| 0:00.0 | When Kate and Jervais founded Health and Her in 2019, they set out to transform Menopause |
| 0:05.6 | care. |
| 0:06.6 | Through Barclay's Eagle Labs, they gained specialist industry and business expertise, with |
| 0:11.2 | support and training for the whole team. |
| 0:14.0 | But the story doesn't end here. |
| 0:17.0 | Because Health and Her are only just getting started, |
| 0:20.0 | selling at major UK retailers, |
| 0:22.0 | and making a real difference to thousands of lives. |
| 0:25.0 | Grow your business. Bank on Barclays. |
| 0:28.0 | Search Barclays Business Banking. It's my pleasure to welcome you here to the Clark Howard Show. |
| 0:38.0 | Our mission is to serve you with advice and information that empowers you so you make better financial decisions in your life. |
| 0:47.1 | And today I want to give an update on FDIC insurance in the aftermath of a recent FinTech meltdown that's left a lot of people |
| 0:58.3 | just hungering for their money and nobody's been able to give them good answers. |
| 1:04.0 | Also, if you're in the market for a house, |
| 1:08.0 | there was just a big fine paid by one of the lenders out there that was doing self-financing, lender financing |
| 1:17.0 | for homes or seller financing, and a lot of people got burned. |
| 1:22.4 | I wanted to talk about what you need to know. and a lot of people got burned. |
| 1:22.5 | I wanted to talk about what you need to know |
| 1:25.8 | when you're made an offer for a home |
| 1:30.1 | that you have an option to purchase later, supposedly with that seller financing. |
| 1:36.3 | We're going to talk that through. |
| 1:38.8 | Okay, so we had an ugly, ugly situation happened earlier this year when a bunch of people who put money in |
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