What to consider: Ask yourself if you feel ready for the level of commitment that owning a home entails. If being on the hook when the basement floods or the roof leaks terrifies you, it could be you're not quite there yet. On the other hand, if you know you want to put down more...
Owning a home means putting money into maintenance, renovations and repairs, on top of your monthly mortgage payment. Property taxes can go up and increase your monthly payments, or they can go down. A lot of things can change the value of your home in the short term, but you can potent...
Why Should I Rent My Home? No matter how weak or strong the housing market is, renting out your home and becoming a landlord can be a smart financial decision. Even if rent payments don’t match your mortgage payments, the tax benefits and long-term wealth creation of owning rental ...
Rent in 2022 grew 1.0%. Census also said the cost of renting adjusted for inflation outpaced the rise in home values in 2023 for the first time in 10 years. While homeowners generally had a lower housing cost burden than renters, one key expense was insurance. Bet...
One of the biggest differences to consider between renting a home and owning one is the ability to make the place your own. When you own real estate, you can do anything from upgrading appliances to a complete gutrenovation. If you purchase in an apartment building, inquire about any buildin...
Perhaps it’s foolish to place such importance on owning a home. Questioning homeownership is common ground for young adults and retirees alike. Uncertainties increased in a post-inflationary era where home values have lately trailed inflation. Factor in the cost of property maintenance and the str...
It’s certainly a difficult decision, even for experts. Here are two stories of how renting vs. sellingdidn’twork out as planned. Renting regrets: Bad renters turn investment sour Greg Kurzner, a leading real estate investor inAtlanta, bought and renovated a home in Stone Mountain, Georgia,...
Housebell App's “Mortgage Calculator”: Understand the True Cost of Buying a Home in 3 Minutes When buying a property in Singapore, how much down payment do you need to prepare? Will the monthly payments strain your lifestyle? How much total interest will you end up paying? These question...
However, while the prospect of owning a portfolio of income-producing properties may seem like the perfect early retirement plan, investors must be aware that rental property investing comes with its own set of challenges. Fortunately, real estate has a long-established track record, and numerous ...
Housebell App's “Mortgage Calculator”: Understand the True Cost of Buying a Home in 3 Minutes When buying a property in Singapore, how much down payment do you need to prepare? Will the monthly payments strain your lifestyle? How much total interest will you end up paying? These question...