Many people who take out student loans wonder if they will ever be able to own their own home. The good news is that it is possible to buy a house while you have student loan debt. However, there are a few things you need to know before you start the process. First, you will need to get pre-approved for a mortgage. This will give you an idea of how much home you can afford. Then, you will need to compare your monthly student loan payments to your potential mortgage payment. If your student loan payments are relatively low, you may be able to qualify for a home improvement loan. This type of loan can be used to cover the cost of improvements, repairs, or closing costs. With a home improvement loan, you can make your dream of homeownership a reality.
Read MoreUnderstanding How the Real Estate Market Works in the United States
Real estate is not property rights. All of the theorizing about how property rights work that actually matters in real estate was done in the 1200s. You can find it all written down on the Magna Carta. There has not been innovation in that realm of thinking for centuries.
Read More5 Hidden Risks to Look for When Buying an Older Home
Older homes have unique personalities and appeals, but sometimes, they come with hidden risks and history. These situations only happen because of a lack of information at that time. If you want to buy your first home, an older house is a great investment. Before you make a final decision, these five hidden risks to look for when buying an older homewill come in very handy.
Read More7 Questions You Should Ask Your Home Inspector
Between the paperwork and the house hunting – on top of your “day job” – buying a home can be a stressful time. Add to this the concern that you’re not buying something with any hidden problems.
And while a home inspector can’t help you with the financial paperwork, they can give you peace of mind that your huge financial investment won’t cost you even more than you’d bargained for.
Read More6 Things to Do When Moving to a New City Alone
Moving to a new city alone presents a lot of unique challenges. Whether you are moving to get a fresh start, restart your career, or develop new relationships, it is essential that you fully prepare yourself to make the entire process easier and less terrifying. Here are six things you need to do if you plan on moving to a new city by yourself:
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