article thumbnail

Selling Your Investment Property?

Prairie Eco-Thrifter

Closing costs : Per Realtor.com these are typically paid by the buyer, these costs can add between 2 – 7% of the purchase price to the buyers bill – but a motivated seller might grant some $$$ towards them. Deductible closing costs include points or prepaid interest on your mortgage and your share of the prorated property taxes.

article thumbnail

How to Start a Budget (and be successful at it!)

Family Balance Sheet

Write down any events/holidays/activities that will require funds for the month that you are planning, along with a projection of what you’ll need. This group is a safe place where we talk, motivate, and share ideas about budgeting. This could be your rent/mortgage, utilities, loan payments, anything that has a due date.

Budgeting 133