How Working Overseas May Affect Your Mortgage Decisions
If you are a homeowner who will soon be working overseas, you have many decisions to make regarding your house. Should you keep the house or sell it? Should you rent out the space? Should you make changes to your mortgage based on your current plans? The answers, of course, depend on your personal situation. However, if [...]
Determining How Much You Should Borrow for a Home
If you are a first-time home buyer, you may be excited and yet overwhelmed by the enormity of the decisions facing you. Not only do you have to choose the home you want to buy in the neighborhood you prefer, but you have to decide how much to borrow and what type of loan to [...]
Rent a room to make Ends Meet
Renting out a spare room is a great way to make ends meet. Even charging a modest amount of rent money can go a long way in helping pay the mortgage and you could be helping someone who otherwise can’t afford an expensive apartment complex. But with any landlord/renter agreement comes the potential for problems. [...]
How to Finance a Home Extension
No matter how much money or how little you have spent in the creation of your home extension, there comes a time when you will eventually have to pay for the work you did or had done. Of course, the smaller the extension is, the less of a problem you will face, but in every [...]
What Piece of the $787 Billion is Yours?
You could read the entire stimulus bill (the American Recovery and Reinvestment Act of 2009) online at the Library of Congress that President Obama signed into law today. Or…you could just find out how it affects you right here on Christian Finance Blog! First things first. You’ve probably heard that the new bill has a [...]
Celebrity Foreclosures: You’re Not Alone
It seems like foreclosures are everywhere. And it’s true. Even the rich and famous are facing foreclosure and abandoning their homes (not that I have any sympathy for the rich or famous losing their homes). 1. Jose Canseco Former baseball player Jose Canseco reportedly abandoned his home in the spring. His 7,300 square foot Encino, [...]