Category Archives: Buying a Home

Fixed Rate Mortgages: Don’t Gamble with Your Home

I’ve never been much of a risk-taker, I tend to gravitate toward tried and true methods for improving my personal financial situation. I have an emergency fund that has a comfortable cushion of 12 months of savings built up. I invest both pre-tax and post-tax money in retirement funds and brokerage accounts, but I earn just a little more than the rate of inflation due to the mix of equities and bonds I employ. Lastly, rates are at record lows, and refinancing seems to be a great idea, but the question is what rate makes sense?Continue Reading

Tiny House Resources: Where to Find All You Need to Design a Tiny Home

Overconsumption has been has been newsworthy for centuries. Overuse of land, electricity, water and creation of McMansions have taken place long before the first settlers arrived in Jamestown. With populations across the globe growing and the threat of climate change looming, plenty of people are wondering what will be left for the next generations.Continue Reading

How to Determine if a Tiny House is in Your Future

The Tiny House movement is in full swing. From numerous books on the subject, to the documentary TINY: A Story About Living Small, to the new series Tiny House Nation, individuals and young families are rethinking their living requirements. Why do they need to reside in a large apartment or home when they could live and flourish in an area 500 square feet or smaller? There are definitely benefits to owning a tiny home. First, they save monthly mortgage payments since most tiny houses are paid for ahead of time. Second, depending on the height of the tiny house, it can be transported across the country like a recreational vehicle, allowing the owner to avoid items like utility bills and property taxes.Continue Reading

Gas or Charcoal — What’s the Best Grill for Your Money?

It’s grill season! Yes, that sentence does deserve an exclamation point, because it’s a glorious time for many young parents in the audience. It’s a time to clean off the utensils, scrape down the cooking elements and purchase the appropriate heating materials that make their meats and vegetables taste that much better. For some, the start of grilling season is more important than the Super Bowl and the premiere of The Walking Dead combined.Continue Reading

Furnishing Your Space: Inexpensive Ways to Make A Homey House

You’ve decided to move your young family from the cramped two-bedroom apartment you occupy to a more spacious home in the suburbs. Unlike your apartment, the home has a few more bedrooms, extra sitting space and more square footage overall. You sign the papers, get the key and walk into an empty and spacious home.Continue Reading

Let’s Go House Hunting — Or Not

Spring and summer mean different things to young families. For some it’s a time of fun and adventure, while others anticipate a lengthy period of relaxation and recharging. And then there are those who don’t fit in either category. They’re the families who page through Trulia and Zillow looking for a new home to move into before the new school year begins.Continue Reading

Do I Need To …?

Personal finance is a tricky business for young families. Things can change so quickly during the start of a relationship that questions can pile up on top of each other. It can get so daunting that some of those questions can be forgotten, resulting in loss funds or a unforeseen situation. This can cause frustrationContinue Reading

The ABCs of Home Forfeiture

Despite the economic recovery and the resurgence of the real estate market, there are still numerous homeowners out there still struggling to pay their mortgage. According to RealtyTrac, August foreclosure starts numbered around 56,000. This is down 34% from last year but still high enough to draw attention, especially for those young families who have just received their foreclosure notice. Knowing the options to get rid of a delinquent property is very important to homeowners in order to avoid payment of additional fees and to tax consequences to a minimum. Here are a few of the home forfeiture terms you should get to know.Continue Reading

The ABCs of Home Ownership

You’ve decided to move the family out of your one-bedroom, walk-up apartment into a home in the suburbs. First off, congratulations – you’re taking a step many Americans still have yet to achieve. Second, you may be unfamiliar with some of the terms encountered in the course of your home purchase. Here to help you along are a few basic terms to get familiar with.Continue Reading

Conquering Some Common Household Problems

This winter our household suffered even more than others during the long deep freeze. Returning home from a weekend with the in-laws, the normal Sunday night problems of getting tired and grumpy kids to bed and the household ready for Monday morning, vanished in the wake of a burst frozen pipe.Continue Reading