Comments on: Are You REALLY Ready to Buy a Home?

By: Bankers Set for Unemployment Line

Bankers Set for Unemployment Line — Tue, 16 Aug 2011 14:02:33 +0000

[...] While the banking industry may be in disarray, this can have benefits for the consumer. As a general rule, the consumer wins when industries compete. Banks are doing what it takes to attract your business. Of course, the biggest savings in banking is the unbelievably low mortgage rates of today. We will most likely never see rates, this low again, in our lifetimes. Combine this low mortgage rate with the low prices homes sell for in this extreme buyer’s market and now may be one of the best times to purchase a new home. [...]

By: Alex

Alex — Fri, 13 May 2011 22:38:52 +0000

Purchasing your first home is the biggest investment of your life! Last year I got myself into a house, especially taking advantage of the Obama incentive. But like you I did have a few questions afterward. There were a number of things I would have done differently. I wasn’t aware of the difference between conventional and FHA loans except the down payments are different, and the steps to follow up to the point when you close. I really needed a mentor! However, im in the process of purchasing my investment home. Even though I learn a few things from my first experience buying a home I found this website http://www.mysixpercent.com that showed me the terminology and steps to purchase a home. Thought I throw that in there incase it can help others, it did for me!

By: Sometimes Renting is Better Than Buying a House — Personal Dividends - Money+Lifestyle

Thu, 12 May 2011 16:27:42 +0000

[...] I think that continuing to rent might have been the better choice. I’m not sure we were ready to buy. What do you think? What are some of the pros and cons of renting instead of buying? function [...]

By: Small Homes Vs. Large: We Compare the Costs

Small Homes Vs. Large: We Compare the Costs — Mon, 09 May 2011 11:02:01 +0000

[...] Miranda on May 9, 2011 · 0 commentsTweet When it comes to buying a home, we often have a choice to make: bigger or smaller? There are, of course, pros and cons to the size [...]

By: Mortgage for Modest Means

Mortgage for Modest Means — Tue, 08 Mar 2011 12:02:35 +0000

[...] March 8, 2011 · 0 commentsTweet Many people realize that now might be a good time to buy a home. Home prices are low, and mortgage rates are still fairly competitive. However, those with modest [...]

By: 10 Surprising Ways a Small Home Saves You Money

10 Surprising Ways a Small Home Saves You Money — Wed, 24 Nov 2010 12:11:33 +0000

[...] on this topic.It is fairly obvious that buying a small home is going to be a cheaper decision than buying a large home. The total amount of money that you will pay to purchase the home is lower (assuming that the homes [...]

By: Finding the Best Mortgage Rates

Finding the Best Mortgage Rates — Tue, 23 Nov 2010 12:16:55 +0000

[...] But if you want to get the best possible mortgage rate, whether you are renewing, refinancing or buying a home, you will have to do a little [...]

By: What to Look for in Disability Insurance

What to Look for in Disability Insurance — Mon, 26 Jul 2010 14:25:26 +0000

[...] three years ago, when we bought our home, it occurred to me that we were putting ourselves at a bit at risk. I am the primary breadwinner, [...]

By: Financial Reform will Affect Consumers

Financial Reform will Affect Consumers — Fri, 16 Jul 2010 17:17:09 +0000

[...] will be required to prove you can afford the mortgage. While this means that you may not be able to buy a bigger house, it does mean that you are less likely to be steered gamely into a mortgage you will not be able to [...]

By: Jenna

Jenna — Tue, 29 Jun 2010 15:22:03 +0000

Miranda: I agree with you, I’m not a big fan of dealing with renters either. However, I’d like to invest in a home, but since I’m fairly young I’m not sure where my career will take me in the next 5-7 years. However, I live in a place where I’m fairly certain I can find renters if I had too.