Deciding on a New Home – 3 Tips To Find Your Dream Property

Creative people look at the world a little differently. We tend to buy differently, often focusing on experiences over material goods. This even seeps for many of us into our decisions about property. If you’re someone who
appreciates aesthetics and fine art, there are some traps you’ll want to avoid if buying a new home. Thinking about purchasing a house? Maybe someday? We have you covered!

Remember Resale

Home Buying  Continue reading this post >

Buying a House? Now Might Be The Time

I was reading a Yahoo! Finance story this morning about housing prices and saw that for the first time in a long time, prices might be falling. Are you looking for a house? Now might be the perfect time.

HouseinaBox

What’s happening with the housing market?

Let’s talk first about the market. You definitely don’t want to buy a home when the market is hot….and the trend is in a seller’s favor. But if   Continue reading this post >

5 Tales of Financial Horror

I know Halloween was last week, but let’s keep the fun alive with some financial horror stories. Didn’t you love horror stories as a kid? I liked them…until I tried to sleep. Then, more often then not, I spent the night staring at the ceiling, sure that at any minute some disconfigured arm would grab me from under the bed.

 

The bad news is that we all have friends who have   Continue reading this post >

Insurances – Buy or Ignore?

For most creatives, we’re comfortable working without a net. Many of us have gone months or maybe even years without a stable income. Some are amazingly agile at finding just the right resource at the perfect time. Like a trapeze artist on the high wire, we find a way to make it work.

That’s why the concept of insurance is so foreign to most of us. When you’re a high wire artist, your first thought probably is, “Why waste the money?”

Unfortunately,   Continue reading this post >

Daily ProsperiTIP

Hire a qualified home inspector before you purchase a home. Any seasoned realtor will strongly advise this, but I’ve witnessed people working without a professional who skip this step to save a few dollars.

Don’t make that mistake.

When my husband and I were searching for our first home, we fell in love with a sweet little house. During the inspection it was revealed that its foundation was completely collapsing!

A house could be filled with mold, have water damage, leaky pipes, a   Continue reading this post >

Refinancing Your House, Car, or Credit Cards

Interest rates are low. Most of the time it’s wise to ignore anyone who tells you “you really need to….”, but believe me, you should check the interest rates of all your debt before interest rates rise.

…and when are interest rates going to rise? That’s the problem; I don’t know. Therefore, I recommend you do it right now.

Before We Begin

Make sure you read my   Continue reading this post >

From the Mailbag

I’m thinking of buying my first home! One quick question: how do I decide between a 15 and 30 year loan?

Gary

Congratulations, Gary! That’s a big step, and I’m happy to help you with this huge question. For most people, taking on a mortgage is the largest debt they’ll ever owe. It’s important to do it right.

I’ve noticed some advisors like one type of mortgage better than another. I think each type exists for a specific reason. Unfortunately, this means I   Continue reading this post >

From the Mailbag

I want to sell my house. With all of the foreclosures, is this actually a good time to be in the real estate market?
-Sherry

This is a tough question Sherry. Sadly,  there isn’t a great answer. If someone absolutely loves your home, they may overpay, even in this economy.  Wouldn’t that be great?

I will give you three points to consider when deciding whether to sell in this market:

  1. Are you upgrading to a larger/more expensive home or downsizing? Here’s why this is   Continue reading this post >