Before we get into when and why you should refinance, I want to quickly define what exactly it means to refinance. In a nut shell, refinancing is when you pay off your current mortgage with a new one.
So what’s the point of that? The whole point of refinancing a mortgage is to take advantage of [...]

As a homeowner myself, I can tell you that your home isn’t a stationary object – it’s a living thing that always seems to need attention and maintenance to stay healthy. Sadly, the money needed to keep up with your home isn’t always readily available. However, if you are looking for a convenient source of [...]

The Department of Energy reported that the average cost of utilities in American homes is $1,600 a year. How much is it for you? It’s a lot more than that in my home, so anything that you and I can do to bring that figure down makes sense. Right now, many homeowners have seen their [...]

Let’s face it – we can’t all be experts on living structures. We may know some of the things to look for, but a lot of significant problems go right past our eyes. That’s why I think it’s a good idea to pay a home inspector to thoroughly go over any house you’re planning to [...]

If you ask me, this is a good time to buy a home providing you can afford it. If we’ve learned anything about the current disaster in the home-buying market, it’s that buying a home you can’t afford inevitably leads to disaster. And in this case, the disaster is not only in the families that [...]

For first-time home buyers, all the fees and extra costs beyond what they are paying for their new house may come as a shock. So it’s best to know about them upfront to avoid being caught off guard. One of the most common questions asked is, “Do I pay the realtor?” And the answer to [...]

While there is much said these days about foreclosure there is little said about avoiding foreclosure. Part of the reason is that the media has a tendency to center on the worst case scenarios associated with a problem. This is unfortunate because it leads to a situation where people don’t receive the help that is [...]

No venture will run smooth without proper preparation and when it comes to something as critically important as a real estate closing, would you want the closing to come off anything less than smooth? More than likely, you would probably prefer that all goes well with the closing and that no unforeseen problems occur.
While you [...]

When you decide the time is right to buy a home, the first question you have to be to be able to answer is “How much can I afford”. The answer will be based on your current income weighed against your expenses. Armed with this information you can concentrate your search on homes within your [...]

As a country, Americans have not been the best at saving money. A report recently released by the Bureau of Economic Analysis, charts our efforts to save, continually spiraling down, and it indicates the amount we save is minus half a percent. With this in mind, it is easy to see why first-time homebuyers struggle [...]