Factor In Closing Costs When Buying a Home
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 of […]
The Most Common Landlord Problems and How to Address Them
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 of […]
How To Pay for Closing Costs on Your New Home
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 to […]
Three Mistakes You Can’t Afford to Make When Buying Your First House
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 can […]
Why You Need a Home Maintenance and Repair Fund
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 equity […]
Saving For a Down Payment on a House
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 housing […]
Home Updates That Are Worth the Investment
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 homeowners […]
Tips for Buying Your First Condo
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 is […]
How to Get Your Landlord to Pay for Renovations
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 you […]
The Mortgage Tax Deduction Myth
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, can […]
