Are you thinking about buying that perfect new home? Whether you're buying for yourself or a new home for a family, there will be many costs involved. Let's take a look at 3 budgeting tips that will help make home ownership on a single income easier. Get A Full Picture Of Home Ownership Costs Buying a home is never as simple as paying a mortgage payment each month. So, as with most budgets the first place to start is a full consideration of everything involved. On top of your mortgage, what … [Read more...]
If Your Home Is Destroyed in a Natural Disaster, What Happens to Your Mortgage?
When you've been in your home for a while and have established a certain amount of equity, it can be a good feeling to know that you have an investment you can count on. However, with changing weather patterns you may be afraid of a natural disaster striking and what it could mean for your financial well-being. If you're curious about how this can impact your mortgage, here are a few things to consider. Determine Your Protection The thought of having your home adversely impacted by a natural … [Read more...]
Real Estate Investment: Three Telltale Signs You’re Not Cut Out to Be a Landlord
The idea of purchasing a property and having renters can be an exciting business venture that offers lucrative financial rewards. However, there's a lot involved in being a successful landlord and it's important to be aware of what's required before making the commitment. Whether you're investing in one rental property or five, here are some questions you should ask yourself before getting involved. Can You Do-It-Yourself? There's a lot more to being a landlord than taking the rental check, and … [Read more...]
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