Family Balance Sheet
JUNE 22, 2020
In September 2001, we bought a 1700 square foot home with a one-car garage and ONE full bathroom. We have thought about moving to a larger home with more space, but a smaller home means lower utility bills, homeowners’ insurance premiums, maintenance, and property taxes. Years ago, our cable bill doubled in price.
Family Balance Sheet
JUNE 4, 2015
On top of our normal day to day expenses, the new property taxes were due, we had more ownership expenses than we realized, and we had a family to feed. We paid our bills on time, never carried credit card debt from month to month, but in that moment we could not pay our bills.
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Prairie Eco-Thrifter
MAY 26, 2011
Market value is determined using sales prices of comparable properties (same size, number of rooms, age, etc); cost of the actual property (if it sold recently); income potential for commercial property and other methods. Improvements (such as a new garage or patio) or deterioration (such as hail damage to your siding).
Savings Corner
DECEMBER 24, 2023
Analyze your monthly budget to make sure you can handle mortgage payments along with your other day-to-day bills. Make sure you’re given all house keys, entry codes and garage door openers before leaving the closing. Determine the maximum loan you qualify for. Getting preapproved can help (see Step 5).
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