How Much House Can You Afford?

Buying your first house can be an exciting time. It can also be a nightmare trying to get the right amount budgeted for it. Most people sidestep the question by simply going to a bank and asking how much they qualify to borrow.  Unfortunately this is a very common mistake.  Banks are not financial planners they are in the business of lending money, they know nothing about your lifestyle so they simply sue some basic rules to determine how much they will loan you. They do take into consideration your other obligations but they will often offer you more than you would be wise to borrow. This can lead to serious debt issues if unexpected expenses arise.

5 Caveats When Buying Your First Home

Buying a home is probably the largest purchase of your entire lifetime and one single mistake can easily cost you tens of thousands of dollars. The word Caveat means “Let him beware” in Latin and it is important to remember these Caveats when buying your first home.

If you are in the market for your first home, you’re probably excited about the prospect of no long living with relatives or no longer making your landlord rich by paying his mortage. However, there are many other issues that you should consider when selecting a property. For instance, you want to make sure that the house is in a nice area close to things that you like or need. What else should you be looking out for?

3 Factors To Consider When Calculating Your Home’s Value

When it comes time to sell your home, you will need to know how much to list it for. However, if you list it at the wrong price point, you risk either getting too little for the house or not getting any offers at all. Many people like to keep track of their home’s value even if they aren’t ready to sell.  Knowing your home’s value and subtracting how much you still owe you can tell you one factor in your “net worth” i.e. how much you own minus how much you owe. What can you do to accurately gauge the value of your property?

Modern Housing Hacks to Get a New House- Cheap

One of the most effective ways to build wealth is to either own land or own a home. If you have both, you may be able to secure your financial future and that of generations to come. But houses are expensive and a major portion of the cost goes to the general contractor who oversees […]

More Than a Price Tag: How to Calculate the Overall Cost of Buying a Home

If only buying a home was as simple as buying a loaf of bread at the grocery store. Life sure would be easier. Imagine the price that you see on a home actually being the price you end up paying. As you likely know by now, that simply is not the case. Depending on where […]

4 Insightful Ways to Start the Home-Buying Process

The home buying process should be a fun and interesting one whether you are shopping for your first home or have gone through it several times before. The internet, smartphones and virtual tours have changed the way that people shop for homes these days. How can modern technology aid in your home search and provide valuable insights along the way?

More Than a Fixer-Upper: 5 Major Issues That Will Kill Your Home Sale

Though many people want a move-in ready home, others are willing to buy a house that needs a little work to get a break on the price and a chance to build equity. However, there’s a big difference between a fixer-upper and a money pit so the majority of buyers require a professional home inspection before completing the sale. Here are four major issues that can spook buyers or kill your final home sale price.

6 Reasons Investing In Real Estate Can Be a Good Idea

Investing in real estate got a bit of a bad reputation during the crash of 2008. But investing in real estate is a great way to diversify your investment portfolio, Here are six reasons why you should consider investing in real estate.