In September 2010, I published an article that outlined 8 reasons I "still" wanted to buy a home. With the housing market at the height of tanking in 2010, I needed a little convincing myself that what we were going after was still the right choice. This past February 2013, two and a half years … Continue reading Looking Back on Why We Bought a Home (Review of the 8 Reasons)
The short answer is yes, a husband or a wife can apply and qualify for a mortgage without the other spouse being considered, if you live in a state where the law permits it. As with so many financial questions, the first thing to do is to check your state and local laws. One important … Continue reading Can Only One Spouse Apply for a Mortgage?
Buying our first home this past February was a stressful process because there were a lot of new challenges and questions we've never faced before. They are simply things you deal with only when buying a home, and this was our first shot at the experience. One of the hardest things to do was deciding … Continue reading 9 Variables When Making an Offer on a House
The fourth quarter is upon us, and as planned out in January, we are in the final stages of looking for a new home. After weighing the pros and cons of condos earlier this year, we opted to focus exclusively on single-family homes. (Yes, I still owe you guys a pros and cons list of … Continue reading Why We’re Looking at HomePath for Our New House
When buying a home, it's easy to get stuck in conventional modes of thinking and follow a prescribed and recommended path. This is especially true when it comes to getting a mortgage, and more so in the aftermath of the credit crunch. Banks are less willing to go outside the box and get you into … Continue reading Unconventional Ways to Buy a Home
For a lot of good reasons, the first question on my list of 72 when evaluating where and what you want to buy deals with the type of home. Generally speaking, the options are single-family homes and condos, though with the second type, the selection gets more complicated. Whatever the setup, a condo is essentially … Continue reading The Pros and Cons of Buying a Condo
I’ve been on and listened to both sides of this debate over the last 3+ years. Most of you are aware that one of my goals this year is to buy a home, but last year, I also outlined a long list of benefits to renting. Recently, a compelling counterpoint emerged from Baker at Man … Continue reading Why Buying Wins Over Renting