homeownership
Chapter 08: The Dos & Donâts of Buying a House
Now that you have a better understanding of how to budget for a home, weâll dive into what to do and what not to do when buying a home. Buying a house isnât something that you can just wake up one morning and decide to doâfor most people at least. You need to understand the
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Chapter 09: What Is APR & Other Fees?
At this point in our home buying series, you should have a solid idea of what the home buying process looks like. In Chapter 8, we discussed the dos and donâts of home buying and how to avoid making common buyer mistakes. In this chapter, weâll go over what APR is and explore the other
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Housing in the â90s vs. Today. Whatâs Changed?
It might seem overwhelming to try and sell a home and buy a new one at the same time, but people do it all the time! Hereâs everything that you need to know to make your home selling and buying process as smooth as possible.
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Renting vs. Buying a Home: 55 Pros and Cons
It’s time for yet another mortgage match-up, so without further ado, hereâs a biggie: âRenting vs. buying a home.â Or a townhouse for that matter… This is certainly an intimidating question, and one that’s difficult to sum up in one post, but Iâll do my best to cover as many pros and cons for each… Read More »Renting vs. Buying a Home: 55 Pros and Cons
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What Are the Consequences of Not Saving Money?
Many Americans struggle to save money but itâs worth the effort since there are serious downsides to not stashing away cash. These can range from going into debt, facing financial hardship after losing your job, and not being able to achieve your aspirations, like homeownership. To help you get motivated to put money in the […]
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How to Get a Mortgage Loan if You’re Self-Employed With Fluctuating Income
Average American Net Worth by Age and Year
The average net worth of Americans is $748,800, according to the Federal Reserve’s most recent Survey of Consumer Finances released in September 2020. Meanwhile the median net worth of American households is $121,700, according to the same Federal Reserve Survey. Net worth measures the difference between assets (what you own) and liabilities (what you owe). […]
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