Two expenses that often surprise new homeowners. Most buyers don’t consider these big costs when calculating expenses for their home. Q: I have a suggestion that I would like you to share with your readers. I live in a community in which at least two newcomers bought the biggest house they could afford. Being inexperienced, [...]
Are you ever too old to buy your first home? Of course not! Just make sure you understand what’s required of you as a homeowner and a real estate investor before you buy. Q: I am almost 61 years old and single. I moved to Baltimore and would like to buy a small two-flat to [...]
The hidden costs of transitioning from renter to homeowner range from potential home repairs to remodeling and they add up quickly! Q: We are definitely ready to be done renting, as we need more space and a home that can accomodate dogs. We have one dog and and would love to add more. Factoring in [...]
What you need to consider before buying your first home later in life? From mortgage terms to tax deductions, there’s many decision to be made before buying your first home. Note: This post has been updated to reflect a correction to the amount of the 2018 State and Local Tax (SALT) deduction change in the [...]
When it comes to buying a home, Millennials are taking about 5 years longer to become homeowners. Here, I take a look at some factors that may be causing this shift in the average first-time homebuyer age. I live for a happy ending. Whether it’s in the movies, a fairy-tale wedding (hello, Harry and Meghan!), [...]
