Tag Archive: Savings

Saving for a Down Payment? Try These Strategies

April 30, 2015 by Leave a comment

So, you want to buy a house but don’t think you can afford a down payment. Your dilemma isn’t uncommon—and yes, saving money is much easier said than done. But even if you don’t have a lot of disposable income, there are creative strategies to save up for a house. You might not be able... View Article

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Can You Afford a Mortgage Payment?

January 5, 2015 by 1 Comment

Mortgage rates are affordable and home prices are stabilizing, and you might say to yourself “now’s the perfect time to buy a home.” However, before you take the plunge, take a good look at your situation to determine if you can afford a mortgage payment. Fortunately, there are several tricks and tools to help you... View Article

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Four Reasons Why You Shouldn’t Clean Out Your Savings When Buying a Home

August 18, 2014 by 1 Comment

At a certain point in life, you’ll start to see many of your peers become homeowners. They’ve graduated from living with their parents or living in a small apartment and now have spaces of their own to call home. While you might be tempted to join them right away, there are several reasons why doing so without a... View Article

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The Sandwich Generation

June 30, 2014 by Leave a comment

https://www.youtube.com/watch?v=fi0IiwFN8ac&feature=youtu.be You’ve refinanced your mortgage down to a great rate. You’ve planned for your children’s college funding. You are finally on track to retire at 65. Then a parent or in-law needs long term care. Unprepared for the expense your retirement date gets delayed, welcome to the Sandwich Generation. The Sandwich Generation is a new... View Article

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First Time Home Buyers Could Save With Proposed FHA HAWK Program

June 19, 2014 by 1 Comment

FHA loans are very popular among first time home buyers due to the fact that they only require a minimum down payment of only 3.5%.  The Federal Housing Administration (FHA) has proposed a new program called Homeowners Armed with Knowledge, or HAWK. Under the proposed program, first time home buyers will be offered certain incentives to educate... View Article

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