Category Archive for "Tips and Tricks"

Who Owns the Home When Two Names are on the Mortgage?

When couples start a new journey as homeowners, questions can linger as to whose name (or names) should be listed on the mortgage and title. Many couples want a 50/50 split, indicating equal ownership to the asset, but sometimes that isn’t the best financial decision. Plus, with more than one person on the loan, the legalities of who owns the…

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Buying a House on Disability Benefits or SSI

The complexities of Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) benefits leave many people wondering not only if they can buy a home, but if buying a home will, in turn, affect their benefits in the future. The short answer is many people who receive SSDI and SSI benefits can and do qualify to buy a home,…

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How to Choose the Right School: 6 Tips for Parents

If you’re a parent, buying or renting a new home isn’t just about where you’ll tuck the kids into bed at night – it’s also about where you’ll send them off to school in the morning. So, how can you be sure your dream house feeds into your child’s dream school? You’re going to have to do some homework. 1….

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10 Things You Need to Do When Buying A Home

A home is often the biggest financial investment you’ll make in your lifetime. In fact, a recent Zillow analysis reports that the typical American homeowner has 40 percent of their wealth tied up in their home. Several years ago, I wrote a complete guide to financial planning on one index card, which went viral and later became a book: “The…

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5 New Year’s Resolutions That Can Help You Buy a Home in 2018

Thinking of buying a home this year? We compiled five New Year’s resolutions that can help you keep your financial resume in tiptop shape. 1. Avoid job hopping Employment history and income are two of the biggest factors lenders look at when evaluating a mortgage application. A new job may be a good career move, but if you plan to buy…

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Looking for a New Apartment? Here’s What You Need to Know

No matter what your local rental market looks like, the process of finding a place that works within your budget, timeframe and wish list can be a balancing act. Understanding the current market and typical search process can help you mitigate some of the stress involved. Today’s rental market In many metros, renting takes up more of people’s income than…

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How to Buy a Shipping Container (for Your Next Home)

You’ve decided to join the shipping container revolution. Your plans are drawn up, your site is prepared and your welding torch is ready to transform a discarded steel box into the durable, stylish and sustainable home of your dreams. Now what? To help you get started, we asked architects, DIY home builders and shipping container experts from around the world…

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How Many Credit Checks Before Closing on a Home?

Navigating the purchase of a home can be overwhelming for first-time buyers. Lenders require documentation of seemingly every detail of your life before granting a loan. And of course, they will require a credit check. A question many buyers have is whether a lender pulls your credit more than once during the purchase process. The answer is yes. Lenders pull…

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15 Essentials for Guest Bed and Bathrooms

Having guests stay at your home is always a delight, and it’s fun to share your home with loved ones and friends. Sometimes, these house guests come unexpectedly, other times they stay for an extended amount of time. Either way, we know that even though we love having them over, sometimes planning for a guest can cause stress because not…

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6 Ways to Use Your Home to Give Back

When it comes to giving back, most people immediately think of donating time or money to a cause. But another just as impactful – and perhaps less thought of – option is sharing your home as a force for good. Here are six ways to make a difference with your home. Connect your neighbors through reading Perhaps you’ve seen charming…

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