article thumbnail

Why You Should Be Skeptical of Financial “Rules of Thumb”

Prairie Eco-Thrifter

As long as circumstances and markets act in this predictable manner, there is no issue. While of these issues are smoothed out over time, especially if you have a 30 or 40 year timeframe, the reality is that timing can make a big difference. And what happens when you add in property taxes, utility, home insurance, and maintenance?

article thumbnail

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

Savings Corner

Check your credit score Your credit score will help you determine your financing options; lenders use it (among other factors) to set the terms and rates of your loan. Common real estate contingencies can hinge on financing, appraisal, home inspection and more. Would renting for another year or two improve your financial standing?

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

They might include things such as fees charged for obtaining a mortgage; cost of home inspections; homeowner’s insurance; title insurance and settlement fees; property taxes or transfer taxes. The seller may decide to keep the sale by providing funds or fixes for some or all of the issues found.

article thumbnail

How to Say No When a Sibling Asks for Money

Prairie Eco-Thrifter

Smart Money in The Sibling Sinkhole reported: ‘ ”Money often is the adulthood trigger for childhood issues,” says Suzanne Slater, a Northampton, Mass.-based 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
article thumbnail

How To Get A Personal Loan In 8 Steps

Savings Corner

Whether you need money to pay for an unexpected hospital bill, an emergency car repair or to finance some much-needed home renovations , knowing how to get a personal loan will help make the application process as smooth as possible. Run the numbers Before taking out a loan, decide exactly how much you need to borrow.

Debt 52