Home Ownership

You are already on your way to making some savings if you're enthusiastic about DIY projects. With only a few hundred dollars, you can upgrade the aesthetic of an entire room with just one properly planned project. Here are some low budget home upgrades that...

One of the biggest decisions people come to is the issue of renting versus buying. Really, it is an extremely tough choice to choose between the two. However, I once had an economics teacher who put it extremely well and puts the whole thing in...

The general mantra in the real estate world is you want to avoid paying points when obtaining a mortgage. As with most assumptions, this is not always true.   What Are Points?   When discussing mortgages, it is important to understand what points are. Points, or Discount Points, are essentially...

Are you about to apply for a mortgage loan in order to buy a home? If so, you may be curious about your credit score and how this might affect your financing. Let's take a quick look at how FICO credit scores can affect your...

Credit scores play an incredibly important role in our lives yet few of us truly understand where they come from and how they’re calculated. Credit scores are provided by three primary credit repositories: Experian, Equifax and Trans Union. These are basically huge databases that house credit...

Buying a home can be stressful, and overwhelming, but knowing what you are signing on for is paramount to securing an investment that will serve you well. A little education can go a long way. Below is a glossary of key terms associated with all...