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Buying vs Renting a Home

Does it make more sense to rent than to buy? That has been a long-running debate in this country. However, the question is flawed: There is no correct answer. There…

Using Home Equity for a Major Purchase

When making a major purchase, using a home equity loan or line of credit is an alternative to financing offers often provided by a seller or manufacturer. In such cases,…

Understanding Your Debt-to-Income Ratio

Your debt-to-income ratio (DTI) is the percent of your gross monthly income that goes toward required debt payments. This number allows potential lenders to see at a glance whether you…

Closing on a Home

Owning a home. It is the American dream, right? However, once you get started on your path to home ownership, you will find that there is much work in the…

Tips for a First Time Home Buyer

The hallmark moments in our lives — the ones that truly change our trajectory – are celebrated down every greeting card aisle in America. Beyond “Happy Birthday,” “Bon Voyage,” “It’s…

The ROI of Home Improvement Projects

One of the most rewarding things about being a homeowner is that you can make changes to your home that will make it a more enjoyable place to live. However,…

The Pros and Cons of an HOA

A homeowners association (HOA) provides you with the chance of living in an orderly and well-run neighborhood that’s managed by an organization that sets the rules and regulations under which…