If you pick up the Wall Street Journal on any particular day, you might find an article that mentions HELOCs. You probably see that word on a poster or rate board at your local bank as well. You might get something in the mail (or e-mail) from your credit union advertising the best HELOC rates around. That is all great if you know what a HELOC is. Consider this post HELOCs for dummies.
Now is a great time to buy a home. Housing prices have fallen in many parts of the country. Interest rates are at record lows.
Have you ever thought about flipping houses on the side? Or maybe you’ve always wanted to buy real estate and rent out your property to make a consistent semi-passive monthly income? Both strategies can potentially make money, but is one option better than the other?
As of this writing, I am in the midst of selling my condo and anxiously await the closing. But just five months ago, I thought that today I would be a landlord renting out my condo in Denver while living in Portland bringing in about $500 a month in profit to help me live the […]
I often get asked how my family is able to keep our grocery bill so low. We have a family of five and are able to easily stay within our budget of $475 per month, often with some left over at the end of the month. I readily admit that it can be difficult to […]
Have you ever tackled any Do-It-Yourself projects? I bought a foreclosed house in 2011 and had never before done any sort of construction work on my own. But, thanks to YouTube and my new-found friends at Lowes, I was actually able to figure out quite a lot.
Do you realize how many types of mortgages are offered today? You most likely know about some of the most common, but what are the true details of these mortgage types? And what are the other types of mortgages that are offered? Is your mortgage right for your situation? Let’s first explore the various types […]
Buying a home can be intimidating. In September, 2011, I bought my first home. I went through the process to find a place, get a mortgage, and close with the help and support of a great Realtor and my own local market knowledge. Below you will find the full guide to how I found a […]
October is one of my favorite months of year for many reasons. From the cooling temperatures to the proximity of the holidays I really enjoy this month. Most importantly, I love October because the college football season is in full swing. I could watch football at any level and enjoy it as it is a […]
Couples preparing to move in together have many decisions to make, from which colors to paint the walls to how to divvy up the chores. But perhaps the most important thing couples can do before they move in together is create financial boundaries.
As real estate markets have been heating up around the country, we have seen some wild trends in both buying and renting markets. Some cities are seeing incredibly low vacancy rates and competition among potential renters, and credit risk is becoming a more important part of deciding whether or not you can rent your dream apartment […]
According to the July 2013 report from REAL Trends, housing sales were up 10.2 percent compared to June 2012 and the average prices of sold homes is up almost eight percent. This means that many who were hoping to sell homes are getting ready and the real estate investors are also looking to add to […]