A house is likely to be the biggest purchase you will make in your life, and you may spend decades paying for it. Getting a mortgage to purchase a home can be a wise financial decision since you’re building equity and getting nice tax deductions. But buying a home that’s too
Moving can be difficult and stressful, but it’s essential to put your financial house in order before you change addresses. If you move without ensuring your bills are paid in full, your unpaid debts could damage your credit rating. When creditors report your delinquent payments – payments that arrive after
Whether you’re a first time buyer or simply upgrading, purchasing a house is a HUGE undertaking. It definitely gives new meaning to the saying “You don’t know what you don’t know,” so it helps to do your homework! Set up for success from the start Getting your credit score in
You’ve decided — it feels like it’s time — to buy a house. That’s the easy part. The actual home buying process is, especially for first-timers, a mix of excitement, pride and anxiety. Here are five tips to help smooth the journey: Address your credit You’ll almost surely be taking
Buying a home can be one of the most complicated undertaking for many Americans— not to mention costly — purchases adults will ever make. It’s important to understand these 10 essential terms so you’re ready to make smart decisions with your money. Adjustable-rate mortgage (ARM): A mortgage with an interest
Unless you were recently selected as the No. 1 pick in the NFL draft or released a hit album, you probably won’t pay for your new house in cash. Like millions of Americans, you’ll take out a mortgage. Before you begin your housing search, try to get a mortgage pre-approval,
Asking the right questions is an important part of every financial decision you make, and home ownership is no exception. If you’ve been thinking about buying a place, preliminary research will turn up a long checklist of questions for you to ask at every part of the process. There are
Sometimes it’s smarter to buy certain items according to the season, like sweaters near the end of winter and swimsuits in late summer. But what’s the best season for buying a house? The answer: the fall. As temperatures cool and trees shed their leaves, enough factors break in the buyer’s favor to make
If you’ve ever been house hunting, then you know the drill. You start out hopeful, expecting to find your dream home after just a few showings like it’s no big deal. But then, you’re a month deep and things start to feel bleak. Maybe you’re on a tight deadline, but
Purchasing a home is a HUGE undertaking. It definitely gives knew meaning to the saying “You don’t know what you don’t know,” so it helps to do your homework! Set up for success from the start Getting your credit score in the best possible shape will help you get a better mortgage
