One piece of head wear that I don in my life is my Realtor hat. While I’ve only been in the business for a couple of years as a part-time gig, I have picked up a few tips that I like to pass along to friends and clients. One of them is that you really need to figure out what the true cost of home ownership is. I know that when I was looking to purchase my first home, I was really looking forward to a mortgage payment that was less than the rent I had been paying each month. But owning a home is so much more than that one number. Additionally, you will need to consider PMI, property taxes, homeowner’s insurance, utilities, HOA’s, repairs, and upgrades. Sounds like a lot, right? Yeah, it can get overwhelming, but let’s dig in a little deeper. Read more about Hidden Home Ownership Costs …
Tag: mortgage
Banks vs. Credit Unions
Before you run to your bank to check their rates, have you heard of a Credit Union? Credit Unions were brought over from Europe to North America in 1900 and the US more specifically in 1909, by Alphonse Desjardins. Credit Unions were originally set up to help poorer urban and rural communities that banks often […]