Search Results for: mortgage loans
What Does it Take to Own a House?
Owning a home is a dream for many people that, with some proper planning, can easily become a reality. There are a few necessary items potential buyers will need in order to become homeowners—namely money, knowledge of the local real estate market (or the services of a licensed real estate agent), and patience. Time is another factor. Unless you find the perfect house right away, budget for a minimum of 2 months to find a house and close the deal. It takes an average of 30 to 45 days for a house to close. After that, you must purchase home owner’s insurance and sign a variety of documents. Then the house is yours.
How to Handle Your Finances in a Divorce: A Financial Advisor’s Guide
Divorce is one of those uncomfortable words that, when entering a blissful marriage, we hope never applies to us. But you and I both know that, unfortunately, divorce happens—a lot. It can be one of the most emotionally and financially challenging experiences in life.
Why You Should Absolutely Avoid the “Bank Glitch” Trend: Protect Your Financial Future
As a mom of three and a financial advisor, I’ve seen firsthand how essential it is to teach kids about budgeting, saving, and financial responsibility. Equally important is educating them on what not to do, and here’s a prime example: a dangerous trend is circulating on social media, encouraging people to exploit a supposed “bank glitch” to withdraw free cash from ATMs. While this may seem harmless in viral videos, it is actually bank fraud and can lead to serious legal trouble for you or your kids.
The Best Credit Cards for Teens: Smart Financial Start
Which Credit Card Should Your Teen Get? Just when you thought you were finally getting over the college applications, you now have to think about sending your kid to college and hoping they will make smart decisions - and that includes the money part too. Let’s face it, financial literacy is an essential skill for…
Navigating the 2024 United States Real Estate Market
The pandemic's far-reaching impact on economies worldwide has set in motion a series of events, including a surge in inflation rates and a rapid increase in mortgage rates. This economic upheaval has led many prospective homebuyers across the United States to bide their time, awaiting the right opportunity to venture into the real estate market.…