Savings Corner

APRIL 4, 2024

While you can’t cash out all of your home’s equity, the process gives you access to a larger sum of money without needing to sell your home. Paying down your mortgage helps build equity in your home, but you don’t have to wait until you completely repay it, or sell the property, to access that equity.

Refinancing 52

Refinancing Work Debt Home Improvement 52

Family Balance Sheet

APRIL 11, 2020

Like many across the globe, my family’s finances are a bit unstable due to the Coronvius Pandemic. The PA governor has shut down all non-essential businesses indefinitely and we’ve now been ordered to stay at home unless traveling to essential jobs, needed supplies, or outdoor exercise as long as we practice social distancing.

Budget 246

Budget Budgeting Family Debt 246

Savings Corner

DECEMBER 24, 2023

But now, as we approach the end of 2023, inflation is much lower but home prices and mortgage rates are both sky-high. Determine why you want to buy a house Purchasing a home is a major decision that shouldn’t be taken lightly. Make a list of what’s important to you in a home. Is location the top priority?

Real Estate 52

Real Estate Buy Buying Credit 52

Family Balance Sheet

MAY 6, 2020

For many households, their finances and budgets are in limbo. My family’s finances have also been affected. As the Family Office Manager , I handle the day-to-day finances for our family and I needed a way to communicate our finances to my husband. Everything changed. I still use my spreadsheet to this day!

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Debt Emergency Fund 2007 2020 130

Prairie Eco-Thrifter

MAY 1, 2013

If you are buying a home, start with the 30% rule, and then evaluate where that puts you in terms of finances. If you bring home $4,500 each month, are you truly comfortable with putting $1,350 of it toward a mortgage payment? And what happens when you add in property taxes, utility, home insurance, and maintenance?

Life Insurance 213

Life Insurance Insurance Debt Property Taxes 213

Prairie Eco-Thrifter

JULY 13, 2014

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. We did have a home inspection which was around $200 as well. Home inspection.

Real Estate 186

Real Estate Taxes Insurance Property Taxes 186

Prairie Eco-Thrifter

MAY 27, 2014

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. It would have pleased my folks if I had accepted and it would have helped our finances out too! I was too stupid and stubborn to accept that offer!

Real Estate 180

Real Estate College Psychology Property Taxes 180

Family Balance Sheet

JUNE 4, 2015

The business softened, renovations were more costly than expected, and we were now the owners of two mortgages, our home and our business. I manage the finances for our business and our family and by August 2013, I felt the weight of the situation. What looked like a great idea on paper, was turning out to be very challenging.

Goals 100

Goals Debt Renovation Daughter 100

Savings Corner

DECEMBER 24, 2023

If you own a paid-off home in a high-cost area like Boston or Los Angeles, maybe affordability isn’t your priority. Iowa’s median home price is $239,400, per Redfin data — well below the nationwide median home price of $388,800. Iowa lands near the middle of the pack tax-wise. 23 for property taxes and No.

Iowa 52

Iowa West Virginia Healthcare Delaware 52

Savings Corner

APRIL 4, 2024

When you refinance your home, you’ll apply in a similar way to when you applied to purchase your home. You’ll pay for a home appraisal. Cash-out refinance Caret Down When you do a cash-out refinance , you use your home equity to withdraw cash to spend. Here’s generally how it works: The lender will do a credit check.

Refinancing 52

Refinancing Work Debt Financial Goals 52

The Frugal Girl

MARCH 4, 2024

Although my parents never specifically taught me about finances, they lived a frugal life by necessity. Our mom stayed home to raise us kids; she went to work part-time in the local school system after both my brother and I were in school. I grew up in banking and held other finance-related positions during my working years.

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Green And Frugal Kids and Family Hotel Frugal 180

Savings Corner

APRIL 4, 2024

The steps may vary depending on whether you’re looking for debt consolidation loans , home improvement loans, medical loans or wedding loans. They may ask for copies of utility bills, lease or rental agreements, property tax bills or credit card statements as proof of address.

Debt 52

Debt Credit Cards Credit Home Improvement 52

Family Balance Sheet

JUNE 22, 2020

We had been renting for over 10 years and we were ready to find a property to move our business to and eventually build our net worth. Our business was doing very well, and we were excited about the opportunity to own a property outside of our home. Small home = Low Expenses. Everything looked great on paper.

Debt 130

Debt Health Insurance Insurance Budgeting 130

Family Balance Sheet

JUNE 8, 2018

A budget could help you avoid late and insufficient funds fees, find money for an upcoming trip or expense, and ease a disagreement over finances in a marriage. I discovered the term, Zero-Based Budget, when my husband and I took Dave Ramsey’s Financial Peace University home course many years ago.

Budgeting 133

Budgeting Budget Financial Goals Goals 133