Posts tagged with "home buying"

What Are Property Taxes?

There are many adventures on the road to homeownership. One of them is learning the ins and outs of property taxes. Every year, millions of homeowners pay real estate property taxes to their local municipality. The amount of the tax, the way it’s calculated, and even how it’s paid vary from place to place. Adding […]

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Why 20% Down Payment Isn’t Necessary

Many first-time home buyers think a 20% down payment is recommended, or even required, to purchase a home. With today’s rising home prices, a 20% down payment is no small amount of money. However, you may be surprised to know that a 20% down payment is not necessary to buy a home in today’s market. […]

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Buying vs Renting Housing: Lifestyle Factors to Consider

Buying vs renting housing usually involves a lot of number crunching. It’s an attempt to find an answer to the question in the numbers. But numbers don’t always answer all the important questions in this kind of debate. In this article, we’re going to focus on lifestyle factors to consider, instead of making it all […]

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How to Get a Home Loan When Self-employed

If you’re self-employed, you’re probably at least somewhat aware that it’s more difficult to qualify for a home loan than it is for a salaried person. Whether it’s fair or not, lenders generally view salaried incomes as more secure than self-employment. For that reason, you’ll have to come up with a lot more documentation with […]

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Is it Better to Renovate or Buy a New Home?

This is a question that most homeowners face sooner or later. Is it better to renovate or buy a new home? There are advantages in either direction. It’s mostly about focusing on the benefits that most apply to you and your situation. Let’s take a look at both renovating your existing home, and buying a […]

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When Renting No Longer Makes Sense

At a certain time in your life renting may be the best option. It can be less expensive than homeownership. And it can also provide you with mobility that may be important early in life. But sooner or later, the time will come when renting will no longer makes sense. Let’s look at the life […]

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5 Things You Should Know Before You Try to Flip a House

Television shows feature people flipping houses and making a tidy profit. As you watch these shows, it’s tempting to think that you can accomplish the same thing. After all, how hard can it be to buy a home, fix it up a bit, and then sell it for more? The reality is a little more […]

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Why a Home is Probably Still Your Biggest and Best Investment

While there’s much discussion about building wealth through retirement plans or investing in stocks, a home is probably still your biggest and best investment. That certainly true for the average household in America. Yes, there is the potential to accumulate significant wealth in retirement plans and stocks. But the reality is that a home is […]

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The Pros and Cons of Making a Minimum Down Payment

If you’re a first-time home buyer, you probably expect to make a minimum down payment when you buy a home. But there are pros and cons of making a minimum down payment, and you should be aware of them before you make your purchase. The Pros of Making a Minimum Down Payment Enabling You to […]

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Why You SHOULD Buy a Home in the Winter

A few months ago, I wrote a similar article Why Fall May Be the Best Time to Buy a Home, and that was true for all of the reasons stated in the article. But you know what? It’s even truer in the winter. That’s because all of the factors that make fall an excellent time […]

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