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Money Matters: Brilliant Hacks to Consider Before Purchasing a New Home

Motherhood Moments

Image via Unsplash It is true that the idea of buying a home continues to be the American dream, but one look at the real estate market will tell you that purchasing a property is getting more expensive all of the time. First, check your credit report for potential errors.

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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. But now, as we approach the end of 2023, inflation is much lower but home prices and mortgage rates are both sky-high. Whatever the economic state of the real estate market, buying a house can be an exciting and emotional process.

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4 Crazy Hard Things To Check On When Buying a Home

Prairie Eco-Thrifter

We’ve only bought 4 pieces of real estate in our lives, including two homes. We lived in the first home 10 years and are going on 23 years in our current home. You probably should be buying your home for the long term. Most counties now have real estate tax and appraisal records on line.

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The Worst Financial Decisions I’ve Seen

Prairie Eco-Thrifter

Not paying your real estate taxes. An acquaintance of mine inherited a 4 bedroom/2 bath home free and clear of any debt. Eventually he could not pay the real estate taxes and the home was put on the county’s tax lien sale auction. He ended up losing the home for want of a few thousand dollars.

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Unintended Consequences

Prairie Eco-Thrifter

A person, trying to help a family member figure out how to pay taxes on their home and thus be able to keep possession of the fully paid off home suggested that the family member take in a roommate to earn some extra money. The intention was to get some extra money and get the real estate taxes paid. Know the environment.

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Selling Your Investment Property?

Prairie Eco-Thrifter

Some of the costs you may encounter in a real estate transaction can be quite expensive. Real Estate agent commission : Negotiable! We did have a home inspection which was around $200 as well. Home inspection. Real estate is subject to yearly taxes by the county. Selling Costs.

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Save Money – Develop Important Home Owner Skills

Prairie Eco-Thrifter

With interest rates at all time lows, more foreclosures coming on the market and prices at decade low levels, you may be looking to buy a home or investment property. Heck, even to make an offer on your dream home, you have to negotiate with your spouse and family! Home Maintenance – Keeping Things Up to Snuff. Persistence.