Being underwater with your mortgage loan means your home is now worth much less than its original value. Say you purchased a home worth $200K. After paying the first few mortgage installments, you find out your home is now worth…
Reverse mortgages are presented as useful financial tools that could help the elderly in times of financial crisis. Why the elderly? Because you’d have to be at least 62 to qualify for a reverse mortgage loan. This type of mortgage…
Thinking of buying a dump? Whether you plan on flipping the house for profit or fixing it so you can move in, there’s a certain checklist homeowners must go through when figuring out how to fix a fixer upper. Buying…
How to save for a down payment on a house is a legit concern for anyone thinking of becoming a home owner. Going into debt, regardless of the reason, is generally a bad idea. Without certain loans though, some goals…
Which are the best home improvements to increase a property’s value? Whether you’re looking for ways to get a better appraisal or increase the value of your home to attract better tenants or buyers, investing in home improvements and small renovations are a…
Buying real estate usually implies being stuck with a mortgage and living on the cheap to pay it off. But investing has changed over the years and today, there are actually plenty of ways to invest in real estate, even with…