In the United States, most home buyers borrow money in the form of a mortgage loan, and mortgage lenders always requires that the buyer purchase homeowner’s insurance as a condition of the loan, in order to protect the bank if the home were to be destroyed Home insurance, also commonly called hazard insurance, or homeowner’s […]
One of the best ways to build your family’s financial future is through homeownership. Recent data from the Federal Reserve indicates the net worth of a homeowner is over 40 times greater than that of a renter. Maybe it’s time to start thinking about buying a home, especially when they’re so affordable in today’s market. […]
The U.S. homeownership rate has slowly fallen in recent years to currently its lowest level since 1965, but new research from the National Association of REALTORS® reveals that there are a number of affordable metro areas with above-average hiring and a large segment of current renters who earn enough income to qualify to buy a home […]
For those who know anything about renting and apartment living, you know that breaking a lease can be a difficult thing to pull off. Your lease will no doubt state harsh penalties for breaking the lease early (from a few months rent to the remaining rent owed as part of your lease). While you can […]
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