Did you recently receive your annual notice that the rent is going up? If so, you're not alone. Millions of renters are seeing more and more of their income drained away due to higher rents. To make matters worse, every dollar in rent is one that you are not saving, investing or using to build your net worth. If you're feeling the pinch of higher rents, it might be time to buy your first starter home. Comparing Rent With A Mortgage Have you ever done the math to understand how close your … [Read more...]

Whether the kids have moved out or you just aren't using the extra bedrooms, having a house that feels 'too big' is rarely fun. In today's post, we will share a few changes you can expect when you downsize from a large house to a smaller apartment or condo. Why Downsize At All? As you might imagine, having too much space is the primary reason that couples and families downsize. Larger homes cost more to maintain and can feel empty if it's just one or two people living there. In many cases, old … [Read more...]

Buying a home for the first time? One of the key considerations you'll need to make is just how much 'house' you want to buy. While going minimal might seem like a good idea to save on costs, having a smaller living space can end up cramping your lifestyle in many ways. Let's take a look at three great reasons why your first home should be roomy, spacious and luxurious. You Might End Up With More Family Than You Think Have you considered whether or not you want to have a family? Whether you're a … [Read more...]

Whether you're just out of college, recently married or simply haven't jumped into the market yet, buying your first home is an exciting prospect. It can also be an expensive one, which is why most people will take out a mortgage to help finance the cost. If you are planning on engaging with a mortgage lender, you'll need to have your finances in order. In today's post, we'll share a few key reasons why you'll want to check your credit score well in advance of buying your first home. Your Credit … [Read more...]