Though real estate agents have traditionally claimed between 2 and 3% of a home’s sale price, many of today’s pros are challenging this status quo, instead offering flat-fees, reduced commissions, and even commission rebates to homebuyers and sellers alike. The reason for this change of heart? It’s largely due to technology, which has allowed [...]
College is expensive. The average cost of public college is nearly $10,000 per year for in-state residents and more than twice that for out-of-state residents. Add that up over four years and you’ve got a pretty hefty sum of money on your hands — a sum that many students (and their parents) just don’t [...]
There’s money to be made in real estate — and many of our country’s most successful leaders and influencers are the proof. If you’re hoping to join their ranks, then you’re not alone. As billionaire Andrew Carnegie once put it, “Ninety percent of all millionaires become so through owning real estate. More money has been [...]
Podcasts are the perfect mix of media. It’s like listening to music and reading a book all at the same time — and the best part? You can enjoy them anytime, anywhere. Blare one on your commute into work, plug one in on your morning run, or listen as you’re cooking dinner, showering, or just [...]
When you obtain a mortgage, your lender may charge "mortgage points." What does this mean, and how can the concept be used to your advantage? A single mortgage point is equal to one percent of the total mortgage amount. For example, a point associated with a $150,000 loan will be valued at $1,500. Your [...]
Your credit rating is an important part of your overall financial picture. And when you're in the market to buy or refinance a home? Simply put, good credit gets you a better interest rate because the lender know there's less risk that you will default on the loan. A bankruptcy, though, has the potential [...]
Your home is an investment—and probably the biggest one you’ll ever make. Want to protect that investment? That’s where homeowners insurance comes in. Designed to safeguard your home (and your finances) against weather, theft, natural disaster, or anything else that might happen along the way, homeowners insurance is a necessary part of owning a home. Unfortunately, [...]
Looking for a new home? We can give you a step by step path to follow. Most often a prospective homebuyer’s first question is, “How much can I afford?” The answer many lenders provide better answers the question, “How much can I borrow?” Many lenders only consider what you are able to pay each month, then tell you how much you can borrow.
The Cost of Convenience: Which Credit Cards to Pay Off First, and How to Avoid Falling into a Debt Trap
Credit card rates are fairly high as it is, but when the rest of your interest rates start to rise— whether mortgage, auto, or investment — that means consumers are facing even higher credit card interest rates.