Making a real estate investment can be a good way to amass wealth, prepare for retirement and add extra income to your bottom line. In most cases, real estate can be an excellent investment opportunity. It is one of the only business opportunities that banks will finance as long as Read more…
Real estate is practically a rite of passage in America, with home ownership easily considered a classic milestone marking adulthood and success. However, under the new Tax Cuts and Jobs Act, changes in property tax deductions may shift would-be owners’ approach to the market and existing owners deductions at tax time.
The reality of student loan debt is influencing many Americans’ ability to finance a home purchase, but new rules from lending overseer Fannie Mae are introducing new options for borrowers. Financial advisors say the flexibility is welcome, and that for many adults they make sense as part of a sound financial plan.
Reverse mortgages can play a strategic role in financial planning for investors who want to age in place, or who want to postpone or take only modest withdrawals from traditional retirement accounts so as to preserve capital for themselves or heirs.
GuideVine's Summer Scoop returns for 2016! From June 1st through August 31st, watch short daily videos from financial experts answering common financial questions. By the end of the summer, you'll be a lot more confident and knowledgeable about personal finance.
Learning your credit score and securing a solid down payment are two steps in the right direction to buying a house. But calculating how much you can afford also depends on: (1) How much you want to finance, (2) Your debt to income ratio, (3) What you are willing and able to pay every month over what period of time. In addition to shaping your budget, these factors inform whether you should choose a standard 30-year loan or a 15-year loan with higher payments but less interest.
Hooray for you! You are ready to buy a home. Whether it is your first home or you are a seasoned buyer, this will be one of the biggest purchases you ever make in your life. Unfortunately the journey to home ownership is full of obstacles and pitfalls. Learn how to avoid common ones and get the most bang for your buck.
It’s not just your perception that rents are high. The top 10 real estate markets in the United States now demand mortgage-like payments from renters. But is buying and all the financial commitment it entails worth jumping into, just to avoid further rent increases?
Hamptons real estate is up a staggering 40% from 2013. With prices expected to increase through 20134, here's how to help you decide if you should you rent or buy house in the Hamptons this summer
Many people consider buying a house as their first stop on the path to financial security. But overspending on housing, overestimating ownership investment benefits and misunderstanding how home equity functions can seriously determine if buying a house is a sound financial decision..