Category: Home Buying
Lets just come right out with it: Your home is not an investment. In fact, home ownership can be a financial disaster. Before all of you homeowners call me …
When finding a property to rent or buy, I’ve often seen one common trap that many fall in to when considering housing costs: not calculating the total cost to …
You’re looking for a new place to live, you’ve gone through your checklist, and even gone so far as to analyze the price to rent ratio in your area. …
Determining whether to rent or buy a home, apartment, or other dwelling is often a tough choice to make. As we discussed, housing costs are huge (between 31-39% of …
The Big Home American Dream One of the biggest financial mistakes that I see time after time from friends, co-workers, and family is buying a big house. Human beings …
Recently I laid out a story that hit close to home on why you need home insurance, despite it seeming like a waste due to the limited nature of …
When you go to buy your first home, the topic of private mortgage insurance (aka PMI, or lender’s mortgage insurance) will assuredly come up. It’s a dirty little three-letter …
This is the second in a series of posts that aim to dispel or reinforce common personal finance cliches. The first looked at the commonly used phrase, “A penny …