While paying cash for your next home might seem outlandish, if you put in the time and effort required, it’s actually a very attainable goal. While you may not be able to purchase a sprawling Tudor Mansion in the “old money” neighborhood in town, a ranch style home that needs some TLC or a manufactured […]
First time homebuyers are often seen as frivolous or naive and basing their decisions on pure emotion rather than logic and financial calculation. This cliché does not need apply to you. By doing a little research and talking with the pros, you’ll be able to avoid overlooking sneaky expenses before and after your purchase. If […]
In personal finance, every situation is different. While many people perceive fixed rate mortgages as ideal and variable rates as predatory, this is far from the truth. In an economy of falling interest rates, a variable rate is a good thing. If interest rates are set to skyrocket, it could be a disaster. In the […]
If you’re tired of “investing” by paying someone else’s mortgage, it may be time to look deeper into purchasing a home of your own. It’s more reassuring to know that the money you’re putting toward your home equity each month is going into your own pocket and not your landlord’s. Contrary to popular belief, you […]
Financially Fit Formula