First-time homebuyers will have many different responsibilities that come with owning a property rather than just renting one. From year-round yard maintenance to calling a plumber yourself, homeownership can seem much more expensive than you were expecting, especially in the first year. While 78% of recent homebuyers thought that their real estate agent was a very useful source of information regarding these types of expenses, many first-time homeowners still aren’t aware of a great financial perk. As a homeowner, you can receive certain tax breaks that renters can never claim.
There’s nothing more exciting than buying your first house, especially when you’ve been scraping the bottom of your bank account to save for a down payment. But now that you’ve bought the house, it’s important to know the difference between scraping the bottom of your bank account and digging your own financial grave.
Purchasing a rental property is a major decision. And while there are many ways this type of investment can bring in a profit, there are also several expenses and other factors to keep in mind. Learning about these issues after purchasing a property won’t be very helpful – and could lead to a lot of regrets. Fortunately, by conducting thorough
Everyone dreams of owning a house, but not everyone is ready. The idea of getting one can be exciting and at the same time give you anxiety as it costs a lot of money. This investment requires a lot of planning, especially now when the real estate market is tight. Other personal financial factors should also be taken into consideration.
Companies advertising the option to buy your home for cash in a quick sale are becoming more and more common, and the promise of selling your house for cash rather than going through the process of hiring an estate agent can sound promising. In reality, the amount you'll actually receive for your house will be lower than what you'd get