Homeownership can be one of the most significant financial decisions in anyone's life, and whether you're in the U.S. or Canada, the costs associated with owning a home can vary considerably. From initial purchase prices to long-term maintenance and … [Read more...] about Evaluating Home Owning Costs Between the U.S. and Canada
One of the measuring sticks that many people use to determine if they are successful is the value of their home. Being able to say, I can afford a million dollar home, is a milestone that many would agree in saying represents success. The question … [Read more...] about How Much Income Do You Need To Afford a Million Dollar Home?
It's no secret that buying a home for the first time is a challenging process. Not only do you need to figure out when the best time is to invest in a home but you also need to determine the best area, too. Certain towns have higher property taxes … [Read more...] about House Hunting on a Tight Budget: 3 Tips to Help You Navigate the Market
If you’re in default of paying back your mortgage loan, your home may be foreclosed by the bank or any lending institution. These companies will take steps to foreclose your property and place it in an auction sale to recover the loan amount. If you … [Read more...] about Things To Know About Foreclosure Defenses
It is a situation that reminds me of the villain in the popular Harry Potter films. “He Who Shall Not Be Named.” Well, instead of a, “He,” it’s more of a, “That Which Shall Not Be Mentioned.” Do you know people in your neighborhood, neighbors of many … [Read more...] about How Much of Your Income Should You Dedicate to the Mortgage?
I've been thinking a lot about what it will mean for me to be a homeowner financially and physically as I get older. In a little over two decades, I will be a senior citizen. The average homeowner can pay anywhere between $1,500 to $3,000 a month in … [Read more...] about What Is a Jumbo Reverse Mortgage and Is It Right for You?
