Homeowners around the U.S. often struggle with paying off their debts. For most Americans, the biggest debt they carry is their mortgage. Those who want to be debt free quicker can do so by paying down the balance of their mortgage faster. There are a few different strategies for doing so.
While it still represents the American Dream, owning a home is not automatically the best option for everyone. There are a number of responsibilities that come with home ownership and, while there are some advantages, renting instead of buying also comes with its share of benefits. [continue reading…]
At some point in your lifetime, you are going to need to borrow money. It may be to purchase a vehicle, a home, or even furniture. Whatever the purchase may be and whenever it may occur, you should be aware of the various loans that are available. [continue reading…]
At some point in everyone’s life, there comes a time when there is a need to borrow money. Homebuyers typically do not have hundreds of thousands of dollars lying around to pay cash for a home. Most do not have the thousands required to purchase a car. Others may borrow to purchase furniture, electronics, jewelry, and much more. [continue reading…]
One of life’s biggest stresses is struggling financially to make ends meet each month. Usually, a homeowner’s largest monthly bill is the mortgage payment. What happens when a person cannot make that payment? The mortgage company reserves the right to take possession of a home when payments are not made. Most homeowners want to prevent that from happening but may not know what options they may have. [continue reading…]
The biggest household expense for any homeowner is the monthly home mortgage. Typically, this cost accounts for 20-30% of the household’s net income. It’s a hefty expense so it should be without a doubt, one of the first things to tackle when you are trying to lower your monthly expenses. [continue reading…]