Spring is only 38 days away – a time for fresh starts and, for some, a new home. Before you head out to open houses, your first question should be: Should I own a home at this time? Your second: Or should I remain a renter?
Should you invest with your spare cash or pay off your mortgage early? As with most financial planning decisions, the answer is not black and white.
One of the most common questions facing families is whether to accelerate mortgage payments or to borrow as much as possible, make minimum debt payments and save for retirement.
In a world without emotional or behavioral biases where we all rationally evaluate the economics and make choices based on probability-weighted outcomes, the math points to investing over debt elimination.
The weather is supposed to get chilly (if not downright cold) and you may already have packed your bags to head south for the winter. Before you surrender to daydreams of sandals and shorts on New Year’s Day, here are a few smart tips to safeguard yourself and your property, if you plan to be away from your primary residence for the winter.
Daydreaming of owning a second, seasonal home? A mountainside vacation house with a fireplace or two, ski-in access and powdery slopes nearby or perhaps lakefront property with front porch and a sweeping view of the sunlight on the water? Sounds enticing, but fulfilling this dream takes attention to detail and a firm vision of your long-term goals.
Want a good way to build wealth? Own commercial real estate. But only if you are willing to undertake due diligence that may not be readily available online, make a big hands-on commitment to mind the investment and exercise enormous patience.
Like many folks, you sell a home only a few times in your life and so likely don’t know the potentially tricky rules and laws concerning real estate sales. Here are some half-truths, both new and established.
What if the things you want to pass along to your children aren’t what they want? Figuring out the answer to that question is a key first step in inheritance planning.
Do you fork cash over to a landlord in exchange for freedom of responsibility for residential maintenance, or take out a mortgage and shell out monthly for the pride – and eventually financial payoff – of homeownership?
The summer weather and the media’s and Wall Street’s focus on positive economic news may have you feeling cheerier than usual these days. Two words: “Bah, humbug.” Or maybe, “Get real.”
Here's a quick quiz on money and marriage. Which of the following engaged couples needs a prenuptial agreement about finances?