Housing is one of the most important parts of your personal finance journey. There are some major advantages and disadvantages of owning a home, renting, or living with other people. Also, the house buying and ownership process can be confusing and cumbersome. Let me help you out!
Private mortgage insurance (PMI). This is one of those financial products that you might be paying for that is NOT for you. You don’t get the benefit of PMI. However, it might be a necessary evil for a while. Let me explain. (1) What is Private Mortgage Insurance (PMI)? Pretty Read more…
Paying a mortgage is not quite the same as paying rent. When you have a mortgage payment you are responsible for a lot more than when you are a renter. When you pay rent, you simply pay to live there. The owner or manager of the property is responsible for Read more…
Hiring a realtor can be one of the most beneficial things that you can do when you are buying or selling a house. I know it might seem counterintuitive to pay extra for someone to do a job that in theory, you can do yourself. But we do that with Read more…
How much house can I afford? This is one of the questions that we those of us who don’t already have a home think about on a regular basis. And it’s a fair question. There are all kinds of people telling you to get the biggest house you can because Read more…
The house buying process is really confusing. There are a lot of moving pieces and a lot of considerations that you need to take. If you go through the house buying process hastily or sloppily it can cost you THOUSANDS of dollars. But don’t worry, I’ll help walk you through Read more…