There are three primary housing situations available—buying a condo, buying a house, or renting an apartment. Each has its benefits and drawbacks. Let’s take a look at the advantages of each—which are also usually the disadvantages of the others. Warning: There’s no one-size-fits-all here. What you’re going to find is each housing situation is designed
Investing in real estate can be a smart move, but that doesn’t mean this wealth-building strategy is attainable for everyone. You usually need at least 20% to put down on an investment property and saving that much money can be a tough task for almost anyone – especially in this real estate market. But, what
You can consider rent to own homes when you want to make an investment in a real estate and get prepared for the future property value. You may be willing to purchase a home, but you lack capital; therefore, you can consider the rent to own homes. In the rent to own homes, the seller
When you’re saving up to buy your first house, you’re likely accounting for mortgage costs and monthly payments, adding in insurance and maybe even a realtor’s fee. But there are a ton of other costs you might not know about. Down Payment How much you pay to the seller upfront on the price of the
Long-standing rules authorize valuable tax breaks for homeowners who itemize their deductions on Form 1040’s Schedule A. They’re able to claim annual write-offs for payments of mortgage interest and property taxes. I noted in previous columns some of the changes introduced by the Tax Cuts and Jobs Act that Congress passed in December of 2017.
The real estate market has made quite a recovery from the recession lows. Home values have been steadily increasing for a number of years. Now is a great time to sell your home depending on which market you live in. Selling a house isn’t a cakewalk like some might imagine. It takes a fair amount