Real Estate

Buying My First House Impoverished My Family

Buying My First House Impoverished My Family

The year was 2008. I was 25, pregnant with twins, and very much in love. And we had just hit the quintessential American rite of passage: We bought our first home.

The large, open floor plan beckoned us. Before the…

How Much You Should Really Spend on a House

How Much You Should Really Spend on a House

When Sarah and Brandon Perkins began shopping for a house last year, they knew exactly how much they could afford to pay each month. But when their lender came back with an approval, they were surprised to see that it…

Insurance Premiums on Mortgages Decreasing

Insurance Premiums on Mortgages Decreasing

The federal agencies tasked with boosting homeownership may have finally found their silver bullet when it comes to getting first-time and millennial home buyers off the fence.

Earlier this year, the Federal Housing Administration began reducing mortgage insurance premiums…

How Much to Spend on a House

How Much to Spend on a House

Your house is likely to be the biggest purchase you will make in your life, and you may spend years paying for it. Getting a mortgage to purchase a home can be a wise financial decision since you’re…

How to Get a Mortgage

How to Get a Mortgage

For many people, buying a home is the biggest financial move they’ll ever make. Most homes are bought with mortgage loans, which let you buy property and come with tax-deductible interest.

If you’re in the market for…

How Not to Pay Too Much for Your Mortgage

How Not to Pay Too Much for Your Mortgage

Did you pay too much for your mortgage? If you’re like millions of Americans, the answer is probably yes — and that means you may be throwing tens of thousands of dollars of your hard-earned money at…

To Rent or Buy

To Rent or Buy

Making the decision to buy a home is a huge step in your financial life. After all, a home is probably the largest purchase you will ever make in your lifetime. Especially after the recent housing market crash in 2009…

This is the Worst Thing About Getting a Mortgage

This is the Worst Thing About Getting a Mortgage

Prospective home buyers are confident that they’ll be able to find an affordable mortgage to make their purchase. Still, they’re thoroughly overwhelmed by the amount of information they have to wade through when securing a mortgage…

Reasons To Get Renters Insurance

Reasons To Get Renters Insurance

Do you know that over one-third of Americans rent?

And yet, most people who rent do not have any protection in place to cover themselves or their belongings from personal or liability damages. Stuff happens. Sometimes pipes burst, a…

What to Do With Your House After Divorce

What to Do With Your House After Divorce

Emotions, finances, lifestyle…so much changes when you go through a divorce. At a time when you are under great stress, you face some of the most difficult decisions of your life — what to do with your house, foremost…

Real Estate Agents Secrets and Home Buying Tips

Real Estate Agents Secrets and Home Buying Tips

1. “I’m using your house to sell myself.”
U.S. home prices have rebounded to mid-2004 levels, according to the latest S&P/Case-Shiller home price survey, and though monthly gains are slowing, this spring — traditionally…

Are These Remodeling Projects Worth the Money?

Are These Remodeling Projects Worth the Money?

When I remodeled my house, I knew what I wanted: a bigger kitchen with room for two refrigerators, more family space and another bedroom. But there are dreams and then there’s reality. My husband and I began wondering…

Should I Invest in Real Estate?

Should I Invest in Real Estate?

What do you think about real estate investments (e.g. owning several rent-positive properties to generate recurring revenue in later years)? — Karen, Arizona 

There are many different ways to invest your money and many asset classes to…

How Much Is My Home Worth?

How Much Is My Home Worth?

How can I found how much my home is worth?
Diane, Los Angeles, CA

Whether you are planning to sell your home, refinance or take out a home equity loan or line of credit, you need to know the current…

Should You Prepay Your Mortgage?

Should You Prepay Your Mortgage?

Buying a home is one of the biggest investments you will make in your lifetime, but do you want to be paying for it for the rest of your life? Probably not. Which begs the question: If you have the…

Do I Need a Real Estate Agent?

Do I Need a Real Estate Agent?

As the author of 10 best-selling books on real estate, personal finance and business, I’m often asked if hiring a real estate agent is really worth it. The question usually comes from sellers who are under the…