Shared ownership schemes are always leasehold, so buyers should ensure they know what owning a leasehold property entails. Leases will include clauses about what you can do to, and in, the property and, if you own a flat, rules you have to stick to (for example, not keeping bikes in th...
You're Interested in Owning It If you're considering buying a property, knowing who owns it is crucial for making informed decisions. If you find it listed online on the MLS, finding out who to call is very straightforward—but if it's off-market, you have some investigation to do. In...
The government-backed equity loan is designed to bridge the affordability gap by offering you as much as 20% of the purchase price in the form of an equity loan, which is secured against the property. You will be expected to be able to put in a minimum of 5% deposit and then qualify ...
Waggle: For pet owners struggling with veterinary expenses, Waggle lets you create a fundraiser to help you pay for your pet’s needs. Waggle also partners with social media influencers, celebrities and nonprofit organizations, which can help you get grants and sponsorships. ...
If you ever decide to take the plunge and buy a home, your mortgage will likely be the largest debt you'll ever take on. And as part of owning a home, you may be faced with fees in terms of mortgage points. However, paying mortgage points can sometimes m
what needs upgrading, for example. While owning property is considered apassive activity for tax purposes, it may end up being anything but passive as a landlord. And if a tenant ducks out on rent, you still have to come up with the monthly payments, lest you go into default on the ...
It’s associated with owning a business, and today, the two are often used interchangeably. However, there are small differences in the mindset and approach to business which differentiates the two. One role isn’t better than the other. They are just different. Business owners often build ...
A property in need of some TLC may be a good investment opportunity if you are willing to put in the work. Finally, calculate the potential return on investment. Look at the property’s rental income potential and compare it to the purchase price and expenses involved in owning the property...
Real estate investment trusts (REITs): REITs own or finance income-producing real estate across diverse property sectors. Investors can buy shares in these companies like ordinary stocks on exchanges, gaining indirect exposure to real estate without owning physical property. REITs can focus on resident...
Renting to own can be an appealing concept for people who are interested in owning property but have thus far been shut out of the traditional homebuying process. If you don't have a sizabledown payment, for instance, or your credit score is too low to qualify for a mortgage, renting a...