What’s the single biggest misconception in homeownership that I often hear?
What’s the single biggest misconception in homeownership that I often hear?
If you’re in the market to buy a new or used car, rent an apartment, or apply for a mortgage for a new home, you’re probably hearing or seeing the term “credit score” used often.
As a homeowner, you may realize that your home’s rising value and your credible payment history can give you access to affordable equity.
Many families find purchasing a vacation home ideal. With the security of having lodging available, there’s less planning required, and you’re able to visit as often and for as long as you’d like. Similar to other big purchases, there's still some things you'll need to consider before you make the decision to buy.
Purchasing a home has many benefits, especially for your long-term financial health. Learn how a purchase can add to your net worth, help you build equity, and possibly save you money.
Planning ahead for your home purchase and preparing what you can in advance can help give you an advantage during the homebuying process.