Millennial home buyers are buying up a storm of real estate. Finally. For the past decade, since the Great Recession forced so many Americans to put their lives on hold, the world of real estate has been praying for the arrival of Millennials on the home buying scene, to begin buying, selling, fixing up and [...]
Everyone could use some money help, but it seems like there’s never enough time to get started. But what if you could save more money each month and learn how to budget in just one hour? In honor of Money Smart Week, I’ve compiled 7 quick and easy ways to save more money in just [...]
With banks and bonds paying next to nothing in the way of interest on savings, more retirees are wondering if they should use their retirement savings to invest in real estate. These seniors are wondering if they should use their $1 million in retirement savings to invest in an income-producing property. There are some risks, [...]
Who owns the water on my land? What are water easement rights? https://www.youtube.com/watch?v=TX5GO0eu77c It's important to document who owns the water on your land. In this question, the homeowner wonders who owns the water easement rights for land that his parents owned for 40 years but has changed hands several times since. Q: [...]
Many homeowners ask if they should buy a new house before they sell their current home. Most people can't afford to own two homes at once, but there are many variables - such as your financial situation and housing needs - that can affect this answer. Q: I'm wondering if I should buy a new house before [...]
If you've waited to the last minute to file your taxes, you probably need a few tax hacks to both reduce the amount of tax you owe and make sure that you don't run afoul of the IRS. Here's my list of favorite things you can do before your taxes are due: 1. April 18, [...]
We often get questions about prepayment penalties and whether the penalty period will apply if a homeowner sells the home rather than just prepays the mortgage. Q: I just signed a contract on my house with a closing at the end of next month. I also bought a new house with same closing date. I [...]
What can you do if your lender backs out of the mortgage commitment? A lot of buyers might want to sue the lender because it is difficult to close if, at the last minute, you're scrambling to find a new lender. There are advantages to working with recommended lenders (such as in incentives other lenders [...]
In this email we received last week, an abusive mother is fighting with her disabled daughter, threatening to throw her out of the home they both own. The daughter wants to know if she can legally be thrown out of a home when she is on title and has helped maintain it and pay for [...]
When you live in a home owned by a family member, transferring the home title from owner to tenant can be complicated. Just because you've been living in a home for an extended period of time and paying the expenses (as in this case), that doesn't make you the homeowner. Q: How do we get the [...]
