When my husband bought his first house in January 2005, he qualified for and took on a piggyback loan. Basically, my husband took a traditional 80% mortgage on his new house, and also took a 20% mortgage in the form of a higher-rate home equity line of credit to cover the “down payment.” He took […]
According to recent housing market statistics, house flipping (the practice of buying an under-priced home with the purpose of re-selling it for a profit) is on the rise once again. As the market bounces back from the drop in home values and bankruptcy of the nation’s largest mortgage companies, speculators are feeling more confident about […]
As the housing market strengthens ever so slowly, house flipping is once again gaining popularity. If you’re considering a house flip, you’ll first want to decide which type of flip is right for you. Some people enjoy the thrill of a risky, but potentially high-yielding, investment that requires very little hands-on, while others enjoy the […]
The rising prices in the housing market within the last year (in some cases as high as 10%) are a good sign for the economy, as well as for homeowners and investors hoping to make a profit. Since the bottom fell out of the housing market and decreased home values as much as 30%, home […]
If you’re a renter, or are planning on renting in the future, you’ll need to deal with a landlord. Though there are many different types of rental situations, there a few ways to deal with landlords that’ll almost always apply. Be Adamant When my wife and I moved into our first place together, we settled […]
Having visitors in your home is both exciting and stressful. It’s great to see your family or friends, but it’s stressful making sure everything is ready for them. My parents are coming to visit my wife and me soon, and we feel like we’ve prepared pretty well. Here are the areas we focused on. Sleeping […]
