"Renting is throwing your money away." "Buying ties you down and locks up money that could've been invested." "When you buy a home, pay it off as fast as possible." "If you do buy, don't pay off your home early. It's better to invest the money." These are just a few of the ideas floating around the web. It makes the choices so easy, doesn't … [Read more...] about Understanding Mortgages: Buying, Renting and Paying Off Your Home
Mortgage & Home
Top 6 Ways to Save Money for a Down-Payment
Four bedrooms with a large backyard and a white picket fence. For most people, this is an American dream that they cannot wait to attain. But turning that dream of homeownership into a reality can take a lot of grit and determination in this day and age. Considering that a traditional mortgage requires a 20 percent down-payment and that the average price for a … [Read more...] about Top 6 Ways to Save Money for a Down-Payment
How to Sell an Occupied Rental Property
The best way to sell a rental property is to let the lease expire and put a vacant home on the market. This option avoids many potential difficulties, but is not ideal from a financial standpoint, since an empty rental brings no income and still has expenses. Whether your renters are difficult or dream tenants, if they are under a lease when you are ready to sell your … [Read more...] about How to Sell an Occupied Rental Property
How to Check Your Home Loan Eligibility
Are you tired of paying rent and listening to the demands of a stubborn landlord? How about buying your own house? Living in their own house is what most people look forward to from an early age. However, buying a place with only your savings may not be the safest bet. You could end up with too little money to finance your other requirements. That’s where home loans can … [Read more...] about How to Check Your Home Loan Eligibility
What You Should Know Before Posting Your Home on Airbnb
Airbnb is the personal accommodations website that’s taking the overnight guest industry by storm. If you’re considering posting your home or personal property on the website to make a supplementary income, you’re not alone. People across the world have taken note and put their homes up for grabs, but this route is not without its caveats and risks. Before you take the plunge, … [Read more...] about What You Should Know Before Posting Your Home on Airbnb