Showing by category: Real Estate

Why You Should Make a Minimum Down Payment of 20% on a House
So many of the financial problems people face (and the country too) is the buy now, pay later mindset. That means financing most or all of major purchases. In fact, the dominant obsession now is 100% financing - on cars, recreational vehicles and even houses. It's all about putting the least down an Continue Reading
10 Budget Mistakes New Homeowners Make
Owning a home is the “American Dream.” But there are budget mistakes new homeowners make that can turn it into a nightmare! Ever since our culture began emphasizing that property possession is the epitome of personal and financial success, young marrieds have started planning for that big day Continue Reading
The True Cost of Owning a Home is Rising Relentlessly
When real estate agents are selling houses, they largely talk about monthly house payments, at least if it has anything to do with cost. And often they'll talk about the monthly payment as if it's the only expense associated with the purchase of a home. But the true cost of owning a home is rising r Continue Reading
Staging A Home On The Cheap
There’s a lot of activity in the residential real estate market right now, so you face a lot of competition if you're trying to sell your home. To grab an advantage and hold on to it (as well as to hold on to what extra money you can) you need to know how to “stage” your home in the most cost Continue Reading
New Home or Existing Home – Which is the Better Deal?
Now that home values are no longer on a steady upward path, the choice of home you buy has greater consequences than ever. In the recent past, a purchase mistake could usually be covered by rising prices. All you had to do was wait a few years and the moment would come when you could sell the mistak Continue Reading
Are You A Foreclosure Sitting Duck?
What’s a foreclosure sitting duck? It’s a person sitting in a house that he knows he’s probably going to lose, but he hangs around and…just sort of lets it happen. You’ve probably seen examples of this happening. Maybe you’ve been in that position yourself. I don’t want to minimize Continue Reading
How Technology is Changing How to Sell Your House
Technology is sweeping across the economy – or more precisely, technological change is what's doing the sweeping.  It’s affecting every nook and cranny of the economy, and how we do business. It’s been having an effect on the real estate business for several years; Zillow and Craigslist are t Continue Reading
Why You Should Avoid Buying in HOA Neighborhoods
  A couple of weeks ago I ran a post, Do You Ever REALLY Own Your Home, in which I challenged the assumption that you actually enjoy true ownership, in the traditional sense. I cited limited property use restrictions, heavy economic use restrictions, the potential for legal attachment, and i Continue Reading
Do You Ever REALLY Own Your Home?
Do you ever REALLY own your home?  What I want to discuss is the modern version of homeownership as compared to traditional factors that caused people to buy homes in the past. On that front, much has changed in the past 30-40 years, so much so that the entire purpose for owning a home might be unr Continue Reading
Everyone Should Be a Homeowner – Don’t Fall For It!
As we detect signs of housing recovery - and rumors of housing recovery – you have to wonder how long it will be before we once again hear the chorus of everyone should be a homeowner. Despite the still lingering wounds from the last housing bubble, it seems to be a staple of economic recoveries t Continue Reading