1. Determine the reasons for buying a house There are many reasons to buy a home, but the process can impact how aligned you and your partner are on priorities and expected outcomes. For instance, if you’re seeking to flip houses for a profit but your partner is looking for a forever ...
• Look into local and statedown payment assistance programsto see if you’re eligible for a cost-saving loan or grant. 4. Create a housing budget The purchase price and down payment amount aren’t a complete picture of what to know when buying a house. Setting a realistic budget for ...
A grant of company stock or stock options can also be a source of cash for a down payment. However, thetax rules for such grants can be complicated. It would be a shame to sell off a lump of stock to make your down payment, only to be hit by a huge tax bill when you file your...
This year I’m buying presents for 16 children, as well as my own daughter, Mia-Grace, who will be two on Christmas Day. My tree will be beautifully decorated, I’m bringing the turkey to the family Christmas lunch and having an open house activity on Boxing Day. And the whole thing...
Should You Rent or Buy a House? Pros and Cons: This guide helps veterans evaluate the pros and cons of renting versus buying a home based on their financial goals. Essential Guide to Personal Financial Support for Veterans: Financial planning is essential for veterans beyond homebuying. This pa...
Browsing available homes is more convenient than ever. These top-rated house buying apps for 2025 will help you find the perfect home with ease.
Buying a House for the First Time There are many ups and downs to owning a house, especially when you’re an inexperienced first-time homebuyer. Because I felt incredibly grateful to my parents for providing a better future for me and my sisters, I was determined to buy a house so that...
As a first-time applicant for an HDB apartment, you would definitely be eligible for a CPF grant, but the question is, how much? If you’re planning to get a flat with your partner who is also a first-time buyer,your CPF grant should get maximised. ...
Sometimes a bank will give you a loan for more house than you really want to pay for. Just because a bank says it will lend you $300,000 doesn’t mean that you should actually borrow that much. Many first-time homebuyers make this mistake and end up “house poor” with little left ...
Most states grant consumers a certain level of protection from creditors regarding their home. Some states, such as Florida, completely exempt the house from the reach of certain creditors.4 Other states set limits ranging from as little as $5,000 to up to $550,000. "That means, ...