Homebuyer tax credit extended & expanded
November 15, 2009 by Jennifer Chait
Filed under real-estate, taxes
I’m sure you’ve heard of the $8,000 First-Time Homebuyer Credit – it’s been one of the most buzz-worthy credits of recent years. As of September the tax had benefited more than 1.4 million taxpayers. However, the credit was all set to expire on November 30 which means if you hadn’t found your dream pad, too bad. Luckily due to the huge success of this credit new legislation, the Worker, Homeownership and Business Assistance Act of 2009, was signed into law on November 6, 2009. The new law extends and even expands the first-time homebuyer credit.
The new law stipulates the following… …read more
Money Saving Tips for Homebuyers
June 12, 2009 by Jennifer Chait
Filed under real-estate
Home buying is a total headache – or so I hear. I’ve actually never bought a house BUT I did build a house which maybe was more of a headache to be honest and involved a lot of the same issues – buying land, choosing house plans, etc. Plus, I’ve had plenty of pals go through the home buying process. It’s such a hassle and money issues are of course a major concern. Here are some pre-buying tips that should save you some $.
NO house is perfect: Repeat this mantra like the waves on the ocean. There will never ever …read more
Is renter’s insurance worth the cost
May 14, 2009 by Jennifer Chait
Filed under household product, real-estate
In my opinion renter’s insurance IS worth the cost, mainly because it’s super cheap, but protects you if your rental say burns down, is broken into, or you have some other emergency situation happen.Your rental landlord most likely has insurance but landlord insurance tends to cover stuff like structural damage to the building but for sure won’t cover your personal property.
If you’re thinking you don’t need renter’s insurance because you have few valuables you’re most likely wrong. You don’t need gold …read more
How Owning A Home Can Cost You
April 19, 2009 by Jennifer Chait
Filed under real-estate
Recently the housing market has improved (at least in my neck of the woods) which has prompted some folks I know to consider home buying. Purchasing a home can save you money in some ways, allow you some equity, and is a huge bump emotionally – i.e. “Hey, I’ve invested in my future – go me!”
That said, there are also some ways a home can cost you. Buying a home is not hands down, 100%, all the time the best idea for every person or situation. Here are some potential downsides of home owning that may cost you…
Property values are …read more
Realize Your Dream of Owning a Home by Moving to an Affordable Area
August 12, 2008 by Katelyn Thomas
Filed under real-estate
For many people, the American dream is to own a house. However, with the current housing market being pretty shaky and McMansions being too pricey for quite a few people to truly afford, you may be thinking you can’t possibly realize your dream. Okay, that six bedroom home in Los Angeles may never be in your price range, but you can find an incredibly affordable home in a safe area if you are willing to be flexible about the location. I’m talking win the limbo contest flexible here, folks. Bye, bye, Los Angeles and hello Ohio, Pennsylvania, upstate New York, …read more
