Ten years ago I purchased my first house, not because I knew what I was doing or I was in a good enough financial shape to do so. I did so because that’s what everyone else was doing. In doing what everyone else said I should be doing I made a ton of house buying […]
Homes
Reverse Mortgage Advantages and Disadvantages
A Reverse mortgage is heavily advertised as a great way to provide retirement income for cash strapped homeowners. Usually you’ll see reverse mortgages advertised using an aging TV or movie star encouraging seniors to unlock the equity in their home to provide extra income during retirement. But is a reverse mortgage really as good as […]
How to Pay a 30 Year Mortgage over 15 Years
Today I have a guest post from Jonah Trenton. Hope you enjoy it. Don’t forget to check out my take on what he has to say about a 15 year vs. 30 year mortgage at the end of the post. Taking Out a 30 Year Mortgage Over 15 Years Buying a house is a big […]
I Sold a House!
That’s right, I sold my investment property! It was a story that has been 9 months in the making (You can read part 1, part 2, part 3, part 4, part 5, part 6 and part 7 , and part 8 using these links). The process took longer than I had hoped, but I count it as a success nonetheless. So in this […]
What Do I Do if My Mortgage is Under Water? 4 Ways To Get Your Head Above Water
There has been a lot of talk about houses being under water over the last few years since the real estate market went bust. Today I want to talk about just what under water means, and what it means for you. What Does Under Water Mean? The term under water (synonymous with the term upside […]
Should You Buy or Rent, Which is Better?
Have you ever asked yourself the question ” is it better to buy or rent ” when it comes to finding a place to live? If you read my last post “Is Buying a Home a Good Investment?” , you found that a home is not always a good investment if you’re looking for an investment-like […]
