Anytime you invite strangers into your home, it can be intimidating. When it comes to contractors, it’s even worse. That’s why I’ve put together this home construction remodeling tips post. (Also, read about the best alternative to finance the work if you are so inclined.) So what is the secret? Warranties Don’t assume that the […]
Property Investment Loans
Real estate might be a huge part of your net worth. But are you maximizing your properties’ potential? How profitable are your rentals really? How much does it cost you to maintain your home? Should you buy more property or sell? If you have bad credit, how can you get into the real estate market?
This category has posts that will answer all these questions and more.
Buying a Condo? Don’t Overlook this One Detail
If you’re buying a condo, you can’t afford to overlook the financial strength or weakness of your homeowners association. This is more important than getting the right mortgage, in many ways. Today, many associations are struggling with unpaid assessments and deferred maintenance. Why? Because so many of your would-be neighbors don’t have the bucks to […]
Mortgage Unemployment Insurance – A Good Buy?
To be frank when I see these three words (mortgage unemployment insurance) together, I just don’t see the connection, but you learn something new every day. Over the weekend I read that it may take seven years until we create enough jobs to get back to the level we were at prior to the meltdown […]
Early Mortgage Payoff…a Good Idea?
There are real pros and cons to an early mortgage payoff. Some argue that it is not in your financial interest right now. In fact, some say it’s the last thing you should do. They argue you should keep your mortgage and make investments for your retirement. Better yet, go out and get a humongous […]
How to Use an Installment Sale to Sell Your House Fast
Here’s a unique tip on how to sell a house fast and pay very little capital gains tax – use an installment sale. Let’s say you want to sell your home. You bought it several years ago and you have a lot of equity in the property. Your luck doesn’t stop there. You’re fortunate enough […]
Should You Move to Take Advantage of Cheaper Real Estate in another State?
Every now and then, people ask if they should move to take advantage of really cheap real estate prices out of state. In fact, some friends came over a few days ago who were agonizing over this very issue. Sue has a small business that is in a slump. Jim, her husband, is unemployed. They […]