Painting is an easy task compared to some maintenance, and much cheaper. Significant structural damage could cost you tens of thousands of dollars to repair, and may leave you homeless for months. Owning a home is not all about the monthly repayments; you need to be responsible and prepared ...
“Owning a home provides so many benefits. At the same time, it’s important to have a realistic budget before you begin the home-buying process. When someone applies for a home loan, we always encourage them to have a clear picture of all potential expenses. Yet, many first-time homebuy...
While principal and interest are a big chunk of your monthly costs of owning a home, there are a lot of other costs to consider. Hidden Home Cost: Property Tax and Insurance When you speak to a real estate agent about looking at homes, they generally speak of how much a home is going...
Owning Their Own Home-A Dream Come True for One Young FamilyFor a long time property ownership seemed like an impossible dream to young people, the high cost of homes pushing the first rung of the ladder out of reach.The Birmingham Post (England)...
byUniversity of Central Florida Credit: CC0 Public Domain In some areas of the Southeast, such as Florida, the housing market is booming, but with hurricanes and other natural disasters posing annual threats, the true cost of owning a home in the region may be largely unknown. ...
In a rapidly developing country without an adequate mortgage market, it is difficult to impute the cost of owning a home and, as a result, this cost is often omitted from the Consumer Price Index (CPI). To resolve this difficulty, by using an intertemporal consumption allocation model, this...
Many people don’t understand the total cost of owning a dog or cat and only think about the cost of pet food. Unfortunately, that’s all most people think about, and I am always shocked by that. You will need to think about veterinarian visits, obedience classes, housing, and more....
The price of rent is only one of many costs one must factor into a monthly budget when deciding where to live. Much like owning a home, there are additional fees one will incur when moving into a rental property. Here is a list of expenses to think about when pricing out a new place...
The True Cost Of Owning A Car Everyone knows that cars are expensive. In addition to the cost of acquisition, there's maintenance, insurance and the ever-increasing cost of gasoline. We all know that those costs add up, but few of us know exactly how
To reduce the cost of owning a car you can start with the car itself. Buying smaller cars will allow you to save money on gas right away. From there, constantly check for the best insurance rates and make sure you're getting the best deal you can. You can also drive less if possible...