Do you ever wonder what it would be like if your home was worth more?
While buying or building your home might’ve already cost you a lot, price appreciation could allow it to be worth more than you spent. Regardless of your plan for your home—if you want to sell it in a few years or pass it down to your children when the time comes—increasing your home’s value can be a wise investment.
7 Ways to Increase the Value of Your Home Read More »
Buying a home and getting a mortgage can be difficult when you are in debt. But you still have options available to you. Obtaining a home loan can be more difficult than it was just five years ago. With stricter rules in place, you may find it hard to imagine winning over a lender, especially if you’re saddled with substantial debt. But fortunately, you can start improving your credit score and reducing your debt today, putting yourself in a position to buy a wonderful home for your family.
Depending on the extent of your debt, you may even be able to purchase a home in as little as six months to a year! Below, we present some practical tips for managing your credit score and debt when you’re planning to buy a home.
Buying A Home When You Are Already In Debt Read More »
Buying a retirement home requires taking a deep dive into your changing needs as you age. After all, it’s not just about picking an ideal location or the best features. You also have to consider that this is a big move that will significantly impact your finances.
Tips in Buying a Home for Retirement Read More »
Everyone who has read anything about money management has probably heard that you need to have an “emergency fund” to cover unexpected expenses. But we rarely hear about the need to plan for “expected expenses”. Everyone knows that things eventually wear out and will have to be replaced but often we fail to consider how we will pay for them when that happens. Well run businesses call this type of planning a “sinking-fund”. So if they know some piece of machinery has a 20 year life expectancy they they will set aside 1/20th of the cost every year so in year 20 they can buy a new one. You should do the same thing for certain items around your home. Here are a few things you need to create your own “sinking fund” for.
Home Repairs You Should Think about Saving up For Read More »
Your home is one of the biggest investments you will ever have in your life. However, if you are not careful, it could turn into a nightmare financially. That is why you need the right plan to put your money into the correct materials for your roof. It could have a major effect on your ability to budget in the future.
Finding the Right Material for Your Roof Read More »
If you’re a first-time homebuyer, you can end up becoming a nervous wreck going through all the steps of financing your home. However, financing your first-time home can be a simpler process than you think. To help get you started, follow our five steps below. Review your Credit When you
6 Tips for Financing as a First-Time Homeowner Read More »
Purchasing a home is one of the most exciting experiences in your lifetime. But it can also be stressful. Arranging the financing to purchase a home is a unique experience that can affect your life for years to come. So it is critical that you get this one step right.
Financing a House Purchase Read More »
