By James Hall Getting older can be stressful, both on your joints and your wallet. As time goes by, you might be getting worried and having financial anxieties about whether you can provide for yourself. If you’re anxious about how much you have saved up, please know that there are […]
Housing
8 posts
By James Hall Nowadays, many seniors are choosing to continue working after they retire. People who work after retirement tend to have more social opportunities and remain more active, as well as keep building their wealth. If you have an interest in real estate, consider the house-flipping business. Understanding House […]
By Katie Conroy Being a first-time homebuyer is both exciting and scary. The financial commitment can be overwhelming, but the benefits of owning a home are many. If you’re considering buying a house in the next six to 12 months but have debt that you need to get rid of […]
If you are the owner of a rental property, you have probably spent some time thinking about how to maximize the monthly cash flow. Fortunately, there are a number of ways to increase the cash flow status of your investment property. In this post, we outline 5 highly recommended methods. […]
As an accredited financial counselor, I often hear this question from so-called millennials, or young adults in their 20s and early 30s: “What do I have to do to buy a home?” What I tell them is simple: Your first step is to get pre-qualified. While my advice may be simple, getting pre-qualified does […]
Low interest mortgage rates have given some homeowners the option to refinance their mortgage and free up extra cash, either through lower monthly mortgage payments or a “cash out” refinance in which they borrow against the equity in their home. Homeowners can use this money in a variety of ways, including […]
The process of buying a home can be a intimidating process. However, it can be narrowed down into bite-size steps: Contact a housing counselor for guidance and counseling. Check your credit at http://www.AnnualCreditReport.com. Shop around for the best Annual Percentage Rate (APR). Verify the lender’s required downpayment amount. If you do not have enough, […]
By Roslyn Lash Student loan debt in the US has reached a record high of $1.2 trillion dollars. Other than mortgages, student loan debt surpasses all other types of debt. In 2016 the average US student graduated with $37,000 in student loan debt. This is alarming for potential homebuyers. If […]