With your young family getting larger and your current residence seemingly getting smaller, you’re ready to begin the path to property ownership. However, there’s a dilemma; you and your wife are unsure if you should purchase a home or a condominium to begin the next chapter of your life. To help edge closer to a decision, here are the pros and cons of both types of residence.… Continue Reading
Category Archives: Buying a Home
Did You Buy a Home Too Early?
My wife and I are getting really excited about moving in the next year. As a result of starting to plan for our move, we’ve started to think about buying a condo instead of renting. When we compare mortgage payments for condos that we would want to buy and the cost to rent a place, both options are about the same price. It doesn’t take a rocket scientist to figure out that if you are going to pay the same in rent, it is better to buy your own place and build equity than to rent forever.… Continue Reading
Filed Under: Buying a Home, Family
What to Expect From a Home Inspection
You’ve found your first home, and it’s perfect – at least from what you can see. Though it looks great and is within your price range, there can be surprises lurking elsewhere in the home that can cost significant amounts of cash when you move in. To avoid these potential pitfalls, a home inspection needs to… Continue Reading
Important Tips for Buying a Home
Buying a home as a young adult can make or break your financial future. On the one hand it can help you build equity in real estate instead of flushing your rent money down the toilet, but on the other hand it puts you and your credit history at risk. If you are take on too much mortgage, take the wrong type of mortgage, or one of the other major mistakes that young adults make when buying a home, you could cause a major disaster that will affect your life for years to come. In order to help you avoid financial disaster, here are several tips for your first time home purchase.… Continue Reading
Filed Under: Buying a Home, Real Estate
The Important Facts About Home Equity Loans
Owning a home is one of the crowning achievements of young adults with a family of their own. The feeling of independence, of being hands-on in the fixing-up of a first-time home can be both frightening and exciting at the same time. Not only is it a new place to live, but it’s also a major financial investment feather in your cap. And that financial investment can lead to extra money in a few years in the form of a home equity loan. Here are a few points to consider when it comes to this type of credit.… Continue Reading
Setting up home in Egypt
Setting up a family home in a foreign country is a daunting prospect at the best of times. Moving with your family to Egypt is an experience you’ll never forget for the rest of your life. You’ll instantly fall in love with Egypt; the people, the culture, the atmosphere, the sense of timelessness. Imagine it, six thousand years of history just waiting for you to discover at every turn!… Continue Reading
Filed Under: Buying a Home
Buying Your First Home
Buying your first home can elicit mixed emotions. While it is incredibly exciting it also can be a bit nerve wracking. Worrying about credit scores, how to come up with an adequate down payment, and finding a home that the entire family can agree on, can quickly become overwhelming, a little maddening even. Fortunately, these feelings will eventually subside once all o the necessary documents have been signed and the agent has handed over the keys.… Continue Reading
Young Family Finance Begins
This is the beginning of something new. I am starting this blog to create a place for young families to get quality information about their finances. If you are just married, with or without kids, and trying to figure out where your finances fit in, then this is the place for you. What will this… Continue Reading