Military members have access to a variety of loan options, some of which are exclusive to those who have served in the armed forces. Here are some of the main types of loans available to military members: These are loans guaranteed by the Department of Veterans Affairs and are available to eligible veterans, active-duty military …
Types of Loans You Could Get If You Served on the Military Read More »
Do you plan on owning a home? Do you have enough funds to buy the property in cash? It doesn’t matter if you have the money to pay for a house upfront. But, if taking out a mortgage makes financial sense, we suggest considering a suitable lender. A mortgage is a loan you take to …
A Beginners Guide To Save Money On Your Mortgage Read More »
Have you seen all of the house-flipping shows on TV? Every single one? But now you’re wondering how to get into fixing and flipping houses yourself? We cover the ins and outs of flipping houses, from finding a “good” deal to leveraging creative finance techniques and lowering your chances of ever having a flop. House …
Fix and Flip Houses In 2023 – A Guide for Millennials Read More »
Are you in the market for a new home? If so, I wouldn’t blame you if you want to avoid being house poor. What does it mean to be “house poor?” It’s a term used to describe people who have overspent on a home and cannot fund other expenses (i.e. housing expenses) or build wealth. …
If you’ve been paying attention to the housing market recently, you will have noticed it’s on fire. From Seattle, WA, to St. Petersburg, FL, there isn’t a market that hasn’t been affected by the low mortgage rates and high millennial demand for housing. The market hasn’t seen this much activity ever (even more so than …
Taking out a single loan against the equity in your home will enable you to consolidate other debts such as a car loan or hire purchase agreement. You could reduce your overall debt, simplify your budget, and take the pressure off your finances if you release some of the money you’ve already paid towards owning …
It occurs when a loan secured by real estate is provided by a different source than the original lender. First priority is given to the first lender, and the second priority goes to the second lender. Whenever the property is sold, the first lender is entitled to receive the equity therein. You may lose your …
What is the process of getting a second mortgage? Read More »
Buying a car can affect your credit score—and your home purchasing power—in a variety of ways. If you hope to buy a home soon and can afford to wait to get a car, it might make more sense to buy a house first. Did you know that buying a car before you buy a home …
Buying a Car Before Buying a House: What’s the Right Order? Read More »
Home renovations are expensive and often go above the budget due to the human tendency to desire the best. Money is no object, unfortunately to a few. Many have to work on a restricted budget. Careful planning culminated by intelligent choices is the only way to save money during your home renovation significantly. Below are …
Are you ready to buy a home? It’s an exciting—and stressful—process. When you’re taking such a huge step, you have a lot of planning and evaluating to do. As you look over your finances, you might wonder how much money do you need to buy a house? In short, many buyers come to the table …
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