article thumbnail

Rent vs Buy Calculator: Should I Rent or Buy?

Savings Corner

How to use the Rent vs. Buy Calculator The renting-vs.-buying buying question is not something that people usually ask and answer just once. Behind the scenes (Methodology) The Rent vs. Buy Calculator uses the everyday costs of renting and buying to compute and refine results. You can adjust all of those pre-filled areas.

Rent 52
article thumbnail

Buying A House In 2023: A Step-By-Step Guide

Savings Corner

This year may go down in real estate history as the year of correction. Whatever the economic state of the real estate market, buying a house can be an exciting and emotional process. Buying a house: A step-by-step guide 1. Before starting your search, be sure you understand the ins and outs of homebuying.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Selling Your Investment Property?

Prairie Eco-Thrifter

Your best strategy may involve situations such as waiting until your income levels go down; gifting your property instead of selling it; waiting for the market prices to go up; selling now, even if at a loss; or living in your property for awhile before you sell it. Real Estate agent commission : Negotiable!

article thumbnail

Benefit from My Financial Mistakes

Prairie Eco-Thrifter

My Dad offered my spouse and I the opportunity to buy his starter home (which he had converted to a rental) at a very attractive price. Consequently, I overpaid for cars and real estate my entire life and I let others underpay me for my services. I refused to accept offered help. I didn’t leverage my money well.

article thumbnail

Closing Costs Calculator – NerdWallet

Savings Corner

Closing costs are fees you pay to finalize a real estate transaction. A more detailed list of closing costs appears below, and your real estate agent can help estimate yours for your area and loan type. Tax monitoring and research fees pay for verifying the amount and payment of property taxes.

article thumbnail

How to Determine Home Value

Savings Corner

Wonder what your house — or a house you might buy — is really worth? The long answer depends on the market and whether you’re asking a lender, an agent or a county tax assessor. So it’s always a good idea to talk to a local real estate expert to get more insight. Here are five ways to determine home value.

Home 52
article thumbnail

How to Say No When a Sibling Asks for Money

Prairie Eco-Thrifter

Perhaps your sibling has a drug problem and wants to buy more drugs with the money. Delayed No : Buy time by saying you will get back to them later (maybe they will get the money some other way). She has not been able to pay the real estate property taxes on your parent’s house (which she inherited) and has come to you for help.

Money 264