Monthly Archives: December 2024
Junk Fees Drive Up the Cost of Mortgage Closing
After people stopped listening to the aspirational claptrap about how you could pay down your debts faster by making coffee at home instead of stopping at Dunkin Donuts on the way to work, personal finance experts have begun to focus on reducing the biggest expenses in your budget, such as housing, which is more… Read More »
Jointly Owning Real Estate With Your Siblings Is a Sticky Situation
If you own a house, you are one of the lucky few. If you own a house, then chances are you inherited it, or else you inherited money that enabled you to buy it. Admonishing people not to attempt to micromanage from beyond the grave is the province of estate planning lawyers, not of… Read More »
New Law Requires New York Real Estate Sellers to Disclose Flood Risk
When real estate agents show a property to a prospective buyer, they point out all the features that have been newly replaced, and the old ones that are built to last. When young couples look at properties, eager to fall in love with their dream home, their Baby Boomer dads accompany them, knocking on… Read More »
How Much Financial Stability Do You Get From Owning Your House Outright?
For a large segment of the population, YouTube videos and advice articles about home ownership and real estate purchases are purely aspirational. They can only dream of saving enough money for a down payment and qualifying for a home mortgage. You, a long-time homeowner, have a whole other set of problems. You bought your… Read More »