All Entries Tagged With: "Real Estate"
Factor In Closing Costs When Buying a Home
Tweet Buying a home is usually one of the biggest financial decisions you’ll make in your lifetime, but what many new homebuyers overlook are closing costs. Closing costs are funds, in addition to a loan down payment, paid at settlement. Closing costs vary, but cash transactions will have fewer costs than financed purchases. Although many [...]
The Most Common Landlord Problems and How to Address Them
Tweet Landlords have a variety of possible issues that can arise from the management (or mismanagement) of their properties. This can be the result of poor upkeep on their part, bad tenants, or a combination of both. Tenants run the gamut from pristine to monstrous, and landlords often find themselves looking into the legal ramifications [...]
How To Pay for Closing Costs on Your New Home
Tweet Buying a home can be a good financial move, but it is costly. And if you don’t make the right decisions before closing you could be costing yourself thousands. If you are in the process of buying a house or another piece of real estate, you may be required to pay some closing costs [...]
Three Mistakes You Can’t Afford to Make When Buying Your First House
Tweet When you’ve decided it’s time to buy your first house you’ll be flooded with a ton of emotions. It’s exciting and stressful at the same time, and ultimately very rewarding once the papers are signed. Unfortunately, all of the emotion and stress can mean missing something very important or rushing into the decision which [...]
Why You Need a Home Maintenance and Repair Fund
Tweet Owning a home has long been considered part of the American Dream. It can be quite satisfying as a young adult to finally break free from a life of paying rent to a landlord and staking claim on your own piece of property where you’re free to do as you please and begin building [...]
Saving For a Down Payment on a House
Tweet The shakeup in the housing market over the past several years has brought the need and advantages of a down payment when buying a new home back into focus. In a traditional mortgage, the home buyer was required to provide a 20% down payment at the time of closing. This trend shifted during the [...]
Home Updates That Are Worth the Investment
Tweet A home is generally one of the largest assets any person has. Although many have begun to shy away from homeownership because of the costs of upkeep, owning a home can still a great way to build equity and personal net worth. However, over the years, it is understandable to see why so many [...]
Tips for Buying Your First Condo
Tweet If your dream place to live is a popular travel destination, a crowded urban area, or any other location where real estate prices are escalating, you may be intimidated by the costs of single-family homes. Buying a condo is one option that allows you to achieve home-ownership while staying within your price range. What [...]
How to Get Your Landlord to Pay for Renovations
Tweet Renovate Your Apartment on Your Landlord’s Dime Tired of living in a shabby apartment? Interested in updating the dingy carpets and scuffed paint job? Think that you’ll have to live with what you have just because you’re a renter and not an owner? Not only is it possible to renovate a rented property, but [...]
The Mortgage Tax Deduction Myth
Tweet Ask anyone what one of the major befits of buying a home is and you’re sure to hear many tout the benefits of the mortgage interest deduction. From your friends and neighbors to the financial gurus on TV, everyone urges you to buy a home for this sweet tax break. They can’t be wrong, [...]
Making an Offer on a Home: How to Negotiate a Deal
Tweet Buying a home has to be one of the most exciting, yet stressful financial decision that most people will have to deal with. You can spend years saving up for a down payment, months touring homes looking for the right one, and weeks trying to find the best mortgage. With all of the effort [...]
Poll: Are You Thinking About Refinancing Your Mortgage?
Tweet Can you believe what mortgage rates are these days? As of this post Bankrate shows a 30-year fixed at around 4.6% and a 15-year down to almost 4%. That’s pretty amazing when you think about what rates were just five years ago. Back then you were probably looking at rates closer to 7%. So, [...]
Should You Refinance Your Mortgage? Rates Are Low, But It Is Still a Tough Decision
Tweet Record Low Mortgage Rates Make Refinancing Attractive Mortgage rates continue to fall to almost unheard of levels. We’re talking about 30-year fixed rate mortgages hovering under 5%, and 15-year rates at just 4%. These rates are sharply lower than just a few years ago. But just how much can you save with a lower [...]
Poll: Do You Pay Extra On Your Mortgage Each Month?
Tweet For most homeowners a mortgage is just a fact of life. You get a loan and then make monthly payments for what seems like an eternity. It’s not all that bad because it does put a roof over your head and you’re using leverage to buy something that could otherwise take decades to save [...]
How to Avoid the Next Real Estate Bubble
Tweet Those who don’t learn from history are bound to repeat it and the real estate bubble will be no exception. While we may learn a lot of tough lessons and create new regulations and put legislation in place that is supposed to minimize the likelihood of something like this happening again, people seem to [...]
Receive free email updates and get my free Invest Like a Pro eBook.