Category: real estate

20

Buying A Vacation Home But Renting A Primary Home.

Lately, my wife and I have been discussing the idea of continuing to rent a primary home here close to town but purchasing a vacation cabin a few hours from here. We can rent pretty much any house we want here in our area for around $1,000 a month, and while real estate in the […]

28

Fannie Mae/Freddie Mac – Looks Like I Own Part Of $5.4 Trillion In Mortgages Now.

As I am sure you are well aware of by now, the government just bailed out Fannie Mae and Freddie Mac with our tax dollars. Yep, you are now the proud part owner of $5.4 trillion in mortgages, some of which are sound and many of which are not. Over the last two years that […]

39

Qualifying For A Mortgage As A Freelancer – An Exercise In Patience.

For just about two years now I have been working from home, and 80% of my work & income has been from freelance jobs. This includes my own websites and blogs, consulting on additional ones, any design work I have done, etc…the other 20% is from a company I am still on payroll for in […]

16

Five Best ‘Bang For Your Buck’ Places To Buy A Vacation Home.

Although we are just starting to look for our first home, and I think buying a vacation is kind of waste of money unless you use it 50% of the year, Smart Money has come up with a list of places to buy a vacation home. So if you and yours are thinking about buying […]

3

New $7,500 Tax Credit For First Time Home Buyers.

Another incentive for us to really start looking at more homes around here is the new $7,500 tax credit available to first time home buyers: Buyers who have not owned a home in the past three years can take a tax credit worth 10% of a home’s sale price, up to $7,500, whichever is smaller. […]

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