The first of the year rolls around and many Americans start thinking about their tax refund and how they are going to spend it. Put it towards a family vacation? Use it for a down payment on a new car? Pay off holiday bills? Maybe its time to start thinking about ways to really put that refund to good use.
Applying for and understanding mortgage loans can be a very confusing process for anyone. The terms, the lingo, and the paperwork can become very overwhelming very quickly, and the confusion often leads to misunderstanding important terms in the application process. There are two terms in particular that are used and referred to throughout the entire process, from the loan application review to the closing, and those terms are Interest Rate and Annual Percentage Rate (APR). Since these two words refer to the amount of money you will be responsible for paying, it is extremely important to know the difference between the two and how they relate to your mortgage payments.
First time homebuyers have a lot to worry about. They have likely just spent every last waking moment of the past few months worrying about mortgage lenders, title companies, inspections, down payments and closing costs. Many times, it is not until papers are signed and your physically moving into your new home that you start to realize there are many items you need—and probably wish you had on hand. So while going through the (never ending) process of buying your home, think about acquiring the items listed below and consider yourself prepared for home ownership. If you are lucky, maybe family and friends might choose any of the below as “practical” house warming gifts!
Every day, more and more people are becoming more environmentally conscious. Adopting eco-friendly habits will not only help our environment, but it will also help you to save money. Here we list things you can change or update in your home to work towards this goal.
Planning a trip can be very exciting, but there is always a lot to consider and a lot to do in preparation. Whether it’s a work-related trip or an adventure with your family, you spend time figuring out all of the details to make sure you and your family arrive safely and enjoy your time away. But one thing many people do not spend enough time planning is how to keep their home safe while they are gone. Below we highlight ways to protect your home so as not to come home to a very unpleasant surprise.