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Home Ownership

If someone told you that for the cost of a new car, you could buy a house, would you believe them? Not only is this true, but it’s actually a growing trend. The catch? Your house will only be slightly larger than the size of that new car …

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A reader wants to take out a mortgage…let’s walk through her story and two major items she should focus on to prepare for this big ticket loan. Join our journey to owning a home. Here’s a question we got on the SavvyMoney blog: I have a medium …

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Some of us dream of shacking up with our spouse, partner, relative or best friend and joining the modest group of homeowners under 35 and having a place to truly call your own. But when it becomes evident that your low credit score is deterring mortgage lenders, that dream may …

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When thinking about buying a house, a little investigation can go a long way. These are 10 questions you should ask before purchasing a home. Are agents and brokers needed to help close the deal and offer advice? It’s commonly recommended, but not always necessary, to seek professional …

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Buying a home can be a very complex experience. Here are some tips that will make your home buying experience easier. 1. You should buy, instead of rent. You’ll love the feeling of having something that’s all yours – a home where your own personal style …

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By this point you’ve done the math and have decided buying a house makes fiscal sense, and you’re ready to begin looking for a house. Not just any house, the house. At the very least, you’re embarking on a new journey that is full of …

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I had no idea what I was getting myself into when I bought my first house. There were so many things the mortgage lender and closing company assumed I knew that I didn’t. I was 23, and used an FHA (Federal Housing Authority) loan. It took about a …

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Unless you live in a cave you’ve surely heard the advertisements about the “historically low interest rates” for buying a house. And that’s mostly true — rates are quite low after the 2008 housing shenanigans. But, does that necessarily mean it’s a …

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Don’t wait until your basement floods or your carpets are ruined to find out your homeowners insurance won’t pay for the damage. Water damage comes from a variety of sources, and your policy may only cover some of them. Pipes If your pipes burst, homeowners insurance should pay …

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Have you every wondered if you are using your equity correctly? Here is a short video that takes a look at what equity is and how to use it wisely Copyright 2015 brass Media, Inc …

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