If you are renting a home, it is probably a good idea to consider buying one. The disturbing fact is that renters help build the wealth of the landlord who owns the building. They get a place to stay by paying rent but do not create any long-term value for themselves.
Read MoreShopping for houses is not easy. At times, it can be fun, but if you know exactly what you want, a custom home build is probably your best bet. The thing is, financing a new home is fundamentally different from getting a mortgage on a previously owned home. It helps to know a few tips for finding the right bank to finance your custom home build.
Read MoreWhen building a custom home, financing is different from buying a home. Building a custom home requires construction financing for the time the home is being built. The construction financing stays in place until the home is completely built, has been fully inspected, everything works properly, and the owner is satisfied that the construction meets the requirements of the building contract.
At that point, you can move into your new home and you can move out of the old home as well as put it up for sale. When the new home is finished, construction financing is replaced by a regular home loan.
Read MoreCan these be the best years of your life? Well why not? Let's take the famous "Five W's", first coined by Rudyard Kipling when he was a reporter. and look deep into the factors that will help you make the right decision on your extended living situation, so you can be sure the finale of a great life lives up to the prologue.
That's Who, What, When, Where, Why...if not necessarily in that order.
Read MoreThe thought of buying a new home is an exciting, but stressful experience. One of the most stressful things about buying a new house is learning how to save money for the down payment. The good news is that saving for your new home is actually much easier than most people think. All it takes is a plan, patience and to begin saving as soon as possible. Here are a few quick and easy tips to help you get started with saving for your new home.
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