It’s safe to assume that pretty much everyone wants to build wealth — and continue to build wealth throughout their life. But how, exactly, do you do that? According to the data, you build wealth by buying real estate — […]
Are mortgage myths holding you back from buying a home?
A recent survey from Fannie Mae finds that a huge percentage of Americans are overestimating what it takes to secure a mortgage — and those misconceptions about mortgage qualifications could be holding people back […]
4 hidden costs of not owning your own home
There’s no arguing there’s costs associated with owning a home. But the opposite is also true; there are also definite costs associated with NOT owning a home. The benefits of buying vs. renting has always been a hotly debated topic, […]
Past Bankruptcy? You could buy a home sooner than you think
In the past 6 years, more than 5 million Americans filed for bankruptcy. And while many people believe that filing for bankruptcy causes long-term financial ruin — and will keep them from ever being able to purchase a home — […]
No… You do not need a 20% down payment to buy a house
The Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is still confused about what is required to qualify for a home mortgage loan in today’s housing market. According to the report, 39% […]
Be careful not to get caught in the rental trap!
There are many benefits to home ownership. One of the top benefits is being able to protect yourself from rising rents by locking in your housing cost for the life of your mortgage. A recent article by Consumer Affairs addressed […]
