If your most recent property tax assessment caught you by surprise, you have options beyond simply paying it. With a little research and a lot of determination, you can get your property taxes lowered. Here’s how.
While renting has the advantage of being affordable and carefree, purchasing your own home can be a great investment opportunity—if you’re prepared. Unlike with a rental, the costs of repairing and maintaining a property fall completely on the homeowner, and too often these additional financial responsibilities catch first-time buyers by surprise. Prime yourself to take on any sudden shakeup with this list of 8 often-overlooked costs of owning a home.
Barndominiums are a modern take on rustic living. Would-be homeowners can learn how to finance a barndominium in these 10 steps.
Benjamin Franklin once said, “Beware of little expenses; a small leak will sink a great ship.” He perfectly explains the effect small expenses can have on personal finances. Every little bit adds up when you are watching your spending.
Home improvements can be exciting, but if you don’t have the cash to support your vision, what type of loan do you choose? Ahead, learn how to navigate the finances.
A rental property can be a great source of income for owners, but making the initial investment may be tough without financing. Borrowers have many options to consider when seeking out a loan for an investment property.
Frequently suggested as a good option for first-time home buyers, an FHA home loan can be an economical way to buy a house—as long as you’re aware of the restrictions.
You’ve probably heard that no debt is good debt, and if you have the ability to pay off your home mortgage (perhaps you lucked into an inheritance), your first thought might be to get rid of those monthly mortgage payments once and for all. While that could very well be the best possible solution, it’s not the only solution, and it might even be the wrong solution—financially speaking. Before you cut that large check to your lender, learn some of the ins and outs of paying off a mortgage early.
Good deals on great homes are hard to come by these days. If, however, you’re a die-hard do-it-yourselfer, or you don’t mind living in a new build, or you enjoy thinking outside the box, you can save thousands—maybe even tens of thousands—of dollars when you decide to buy. So, while you’re shopping around, try some of these alternative house-hunting methods that can help you find a bargain, save a bundle, and turn your home-buying dream into a reality.
While both HELOC and home equity loans are types of loans that borrow against your equity, they’re very different when it comes to terms and repayment, so you’ll need to carefully choose the right one for you.