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Real Estate

Cash House Refinance Equity Down Payment Laptop Mortgage

Cash-Out Refinance Loan – Definition, Pros & Cons of Taking One...

There are several ways to tap into your home equity when you need extra money. A cash-out refinance can be an effective source of funding, but it’s not for everyone. Here’s what you need to know about the pros and cons of cash-out refinancing to determine if it’s right for you.
Home Money Investing Saving

The Pros & Cons of Offering Owner Financing (When You Sell...

Offering seller financing when you sell a home lets you act as the bank for the buyer’s mortgage. Seller financing may be the only way to sell a unique or difficult-to-finance property for what it’s worth. Is seller financing right for you? Read on to learn about the risks and rewards.
Year Mortgage Comparison

15-Year vs. 30-Year Mortgage – Comparison, Pros & Cons

Buying a home comes with many decisions, among them the loan term you want. Should you choose a shorter loan term with higher minimum monthly payments or a longer loan term with smaller payments? Learn the differences between a 15-year and a 30-year mortgage, and the pros and cons of either option.
Woman Calculating Home Mortgage Tax Financial Purchase Finance Real Estate

How to Buy a House With Bad Credit – 10 Steps...

Bad credit doesn’t mean you can’t own a home. But the worse your credit, the harder it is to qualify for an affordable loan. And just because you can buy a home even with poor credit doesn’t mean you should. Read on to learn what to consider when buying a home with less-than-perfect credit.
Mortgage Loan Keyboard Button Computer

Preapproved vs. Prequalified – Difference Between These Mortgage Terms

Getting a mortgage to buy a home is complicated. Hearing terms like “preapproval” and “prequalification” makes it more confusing. What do those terms mean, how does preapproval differ from prequalification, and why would you want to be preapproved or prequalified in the first place?
Reduce Homeownership Costs

12 Ways to Reduce Homeownership Costs & Budget-Busting Expenses

Homeowners face an uphill battle against rising costs that gets steeper all the time. But homeowners do control many of their own housing expenses and have plenty of options to save money — particularly if you get creative. Read on to learn several creative ways to reduce your homeownership costs.
Renters Insurance

Do You Need Renters Insurance for Your Apartment? Pros & Cons

Renters insurance has several benefits for tenants. And some landlords require tenants to carry it. But it comes at a cost. Before rushing to purchase a policy you might not need or writing off renters insurance as unnecessary, take a few minutes to consider the benefits and drawbacks.
Blanket Mortgage Loan

Blanket Mortgage Loans – Definition, Pros & Cons of Using for...

For real estate investors, juggling multiple property deals and loans can get complicated. Blanket loans often help to simplify matters by letting borrowers take out a single loan to cover multiple properties. Learn what blanket loans are, their pros and cons, and when to consider using one.
Cash House Buying Pros Cons

Buying a House with Cash – Pros and Cons of Outright...

Historically low interest rates have made borrowing money for home mortgages cheap. But buying a home in cash to avoid debt remains appealing to many. For those who have the cash on hand to buy a home outright, the question remains: Is it a good idea? Read on to learn the pros and cons.
Sue Your Landlord

How to Sue Your Landlord – Is It Worth It?

When you sign a lease, you have certain expectations. It usually works out fine — but not always. You have legal rights as a renter, and when those rights are violated, civil court provides you a last-resort option to enforce them. Learn why and how to sue your landlord and whether it’s worth it.
Tax Benefits Real Estate Investment

Tax Benefits of Real Estate Investment Properties – IRS Rules Explained

There are many tax benefits to real estate investing. You can intentionally structure your real estate investments to minimize your taxes on multiple forms of income, including real estate profits. But before you dive in headfirst, ensure you understand which tax benefits you qualify for.
Short Sale Foreclosure

Tax Implications & Consequences of a Short Sale or Foreclosure

Every year, a million homes enter foreclosure and many more people are forced to sell back to the bank for less than their home is worth. Foreclosures and short sales are bad enough, but few people consider the tax implications — until they file their tax return and realize the worst isn’t over.