If you are looking to buy a home, you may have heard your real estate agent mention the home warranty as a selling point. Contrary to the name, home warranties don’t cover the actual structure of the house. Instead, a home warranty will help defray the costs if a major component in the house fails. [...]
It’s a common question: Should I borrow from my 401(k) to buy a house? With all that money sitting untouched in an account, it can be tempting to loan yourself some cash for a down payment on the home of your dreams—but is it a good idea? The answer depends on your circumstances, but there [...]
Here are a few of the topics covered on this week’s radio show. Caller question: I’m moving to a new city for five years—should I buy a new house in cash or take out a mortgage? [3:22] Consider a 10-year mortgage. The interest rates are so low that you can borrow money cheaply, while keeping [...]
Which cities are the best for recent college graduates looking to settle down? With the economy still in recovery mode, a sluggish job market and staggering student loan debt, college graduates have a lot of obstacles in their path to success. According to Homes.com, several cities around the country are more promising than others, offering [...]
This article was written by guest blogger Steve Cook. Many of the important differences between buying a condominium and buying a single-family home are obvious: living space, neighborhood type, yard, maintenance, convenience, amenities, security, utilities, and transportation. However, there are some lesser-known, and often overlooked, differences that should also be considered when deciding between a [...]
My best advice for buying a home, especially if it’s your first home, is this: Don’t do it alone. Consider everything that’s on the line with a home purchase. For most people, a home is the most valuable asset they will ever have and the biggest financial investment they will ever make. While going solo [...]
In many ways, the Internet has made buying a home easier. Instead of relying on a real estate agent to mine the best listings for you, you can simply plug in your search criteria to a national or local real estate listing site to see what’s available in your area. You can also apply for [...]
On the Ilyce Glink Show on WSB Radio: how long will low mortgage rates last, rising home and house prices, is the economy getting better and the falling budget deficit. I received two emails this week from regular listeners of the Ilyce Glink Show on WSB Radio. They tell me they love the show, but [...]
