As housing costs remain high, parents buy homes to give their kids a leg up When Laura Hameister and her family moved to a new home in the San Francisco Bay area more than a decade ago, she and her husband decided to hold onto their old house rather than sell it. Today, Hameister’s younger … Continue reading Mom, Dad Can you Buy Me a Home?
~ Because not every set of advice will be great for you. But you have options. ~ I Wanted to Pay Off My Mortgage Early, Then I Realized This (Image credit: Apartment Therapy ) Ah, 2009. The year that first-time home buyers in America were majorly incentivized by government funding to get out of their … Continue reading Pay Off My Mortgage Early?
Tiny houses perfect for your mother-in-law, grown kids or guests Whether you've got guests, boomerang kids trying to get on their feet, or an aging parent who shouldn't live alone anymore, where to put them may be an issue. The increased popularity of tiny homes means that these days, there are plenty of talented builders … Continue reading Tiny houses perfect for your mother-in-law, grown kids or guests
Soaring rents prompt many millennials to get help from Mom and Dad The tradition of parents and grandparents offering down payment funds for their offspring to help them buy their first home is nothing new. But what is relatively unknown is the widespread financial assistance given by parents to millennials for rent money, everyday expenses … Continue reading Soaring rents prompt many millennials to get help from Mom and Dad
Dorm Living for Professionals Comes to San Francisco In search of reasonable rent, the middle-class backbone of San Francisco — maitre d’s, teachers, bookstore managers, lounge musicians, copywriters and merchandise planners — are engaging in an unusual experiment in communal living: They are moving into dorms. Shared bathrooms at the end of the hall and … Continue reading Dorm Living for Professionals Comes to San Francisco
How Many Bitcoins Does it Take to Purchase a Home? In the not too distant future, if someone were to ask, “How much did your home cost?” the answer would probably be, “18 bitcoins.” For that’s the going rate for an average American home in cryptocurrency, according to a recent analysis reported by Redfin. Although … Continue reading How Many Bitcoins Does it Take to Purchase a Home?
From The Fiscal Times 11/7/14 This Could Be Your Last Shot to Refinance a Mortgage After the Fed’s announcement Wednesday that it would end its historic $3 trillion bond-buying program, mortgage rates predictably began to rise. The good news is that they were rising from the lowest rates of the year, after tumbling through most … Continue reading This could be your last shot to refinance a mortgage
From Credit.com 11/12/14 When you apply for a mortgage, there are a few no-brainer items almost every borrower knows the lender will look at: your credit scores, your income and your debts.You can check your credit scores and debt situation before you approach a lender by pulling your free annual credit reports (which you can do … Continue reading You make boatloads of cash & still can’t get a mortgage?!