If you’re a Millennial, like me, then chances are that you and your friends are starting to think seriously about home ownership. Is it worth it? Have I saved enough? Is it too great a risk? Is it really better … Continue reading Public Policies that affect Home Owners
So it’s time for you to leave the comforts of home, spread your wings and fly or you’re just moving into a new home or apartment. Whatever the case may be, you’re moving on up to the east side to … Continue reading Don’t Break the Bank When You Move
Capital gains is a fancy word for the profits you made from selling your investment or real estate assets. While this term and what surrounds it may seem pretty straight forward, the tricky part of it comes down to how … Continue reading Capital Gains in Layman’s Terms
I live 36 miles from my job and if you’re thinking to yourself “holy cow that’s a lot”, well, it is. On average, it takes me an hour and 15 minutes each way; I absolutely hate my commute. It is … Continue reading Don’t Get Stuck In A Housing Jam
You’ve been saving for several months and you think you’ve got what it takes to begin the home shopping phase, but you’re hesitant because you’re not even sure how much home you can afford. This question can be easily answered … Continue reading How Much Home Can I Afford?
When my wife and I were home shopping for our very first home, one of the biggest fears we had was that nearly every home we saw needed some sort of repair or a huge makeover! Back track to 2 … Continue reading 8 Ways To Pay For Your Home Projects
One of the greatest things about owning a home is that you are building your net worth! Many American households take advantage of this worth and equity via a home equity line of credit (most referred as HELOC) or a … Continue reading Home Equity Line Of Credit vs Home Equity Loan
I’ve heard many folks complain about their PMI and how it increases their monthly payments by $100 – $150. With some folks, it’s like the PMI has a bad rep. I think what they forget is that the PMI has … Continue reading PMI May Be The Reason You Are Getting Your Home!
My wife and I are about to enter the mortgage refinance market because we want to get rid of our private mortgage insurance (PMI). What gives us confidence in entering this market is the rate of growth in our equity, … Continue reading 5 Reasons To Refinance
You’ve found the home or your about to get started with your search but you are in the “crunching the numbers” phase and the question arises, should we pick a 15 or 30 year fixed mortgage? Well, there’s a lot … Continue reading 6 Things To Consider Between A 15 and 30 Year Mortgage
Whether you are a first time home buyer or you’re a pro at purchasing homes, your credit score will always influence your mortgage interest rate. As you know, your mortgage payments have 4 components to it and interest is one … Continue reading Keep A Close Eye On Your Credit Score…It Can Make Your Mortgage Very Costly
I’m currently 27 years old and I’m not yet a home owner. While some might consider it okay (including myself) I often debate whether I should be “throwing money down the drain” in rent or commit to buying a property. … Continue reading Property Taxes And The True Costs of Home Ownership
You may have heard or read from financial advisers and other blogs that your monthly rent/mortgage payments should be less than 30% of your monthly net income. This is great advice! Before you fall in love with the home or … Continue reading Don’t Fall In Love With The Home If It Costs Over 30% Of Your Monthly Net Income
The economy has bounced back since the ’08 economic crisis and one of the best indicators is the housing market. According to Zillow.com, the average home value has gone up by 7.4% in the United States. However, if you live … Continue reading Mortgage Programs and Grants For Public Servants, Including Teachers
If you’re in the market as a first time home buyer, this is one of the most intimidating and confusing experiences you could have if you haven’t done proper research. I can tell you that when we first purchased our … Continue reading Your First Time Home Buyer Checklist
Recently I had one of my really close friends ask me “so what exactly do you pay with a mortgage?” At first my friend thought that my insurance, taxes, and PMI were all separate and in addition to my mortgage, … Continue reading There are 4 Pieces to Your Mortgage Puzzle
Currently, I’m a home owner and I used to be a renter for many years. I’m not going to lie, there is plenty that I miss about renting an apartment. After you’ve removed and installed your own toilets, assembled 3 … Continue reading Buy Or Rent?