Posts Tagged "mortage"

Rent Vs. Buy; the Guilt, the Guilt…

Posted by in Articles, Home Affordability | 8 comments

Just the other day, Get Rich Slowly wrote a terrific post about renting versus buying property. I’ve been meaning to write my own post about this, especially since purchasing property has been on my mind now for over a year. It is also one of my goals I hope to accomplish by the end of this year or the middle of next year. However, I’m still not ready to take the plunge for a few reasons: Down payment: I don’t have the down payment saved up. I’d like to have at least...

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How Should You Use A Home Affordability Calculator

Posted by in Articles, Home Affordability | 0 comments

Samantha Taylor is a contributing Financial Writer, Moderator and Community Mentor of  MortgageFit. She has been an active participant in the forums wherein she offers mortgage advice and suggestions to people in loan problems. If you have a query on “how much house can I afford” related issues, you can simply discuss it with her in the Mortgage Forum. When you’re intending to purchase a new home of your choice, it is always better to work out the amount of money that you can...

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Dilapidated Houses..oh my!

Posted by in Articles, Home Affordability | 2 comments

This weekend my husband and I decided to drive past a couple of houses that were in our price range: between $190,000 – $250,000. What we saw was very depressing. The first house we drove past was one right up the street from us. I had a feeling it needed a lot of work based on the low price of $190,000.  We like the street its located on, so we stopped and took a closer look. All I can say is, “Wow,” you don’t get very much for $190,000 here in suburban Los Angeles....

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Small Houses Rock

Posted by in Articles, Little House Plans | 12 comments

Recently, I’ve been reading and hearing some buzz about how small houses are a better choice, for many reasons, as opposed to large, box-style homes. I personally adore small homes and feel that I could be more creative with a small house, than I could a large home. Small homes also are a better financial choice for smaller families, obviously if you have 6 kids, it would be a little tight in a 2- or even a 3-bedroom house. Though, it doesn’t mean families can’t make it...

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Housing Trends Over the Past 10 Years

Posted by in Articles, Home Affordability | 2 comments

I remember when my parents purchased their first house in 1978 in Granada Hills. They bought a 3-bedroom, 2-bath fixer-upper for $68,000. I was 7 and very excited to have neighbors with small children to play with. My parents spent the first few months replanting the lawn and garden, tearing out old bushes and planting new flowers. Over the next few years, they lost a little steam, adding brick to the front of the house, but then only painting the front a grayish-blue and leaving the sides and...

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