Banking • Credit • Debt • Finances & Money • Home
Last week I told you about the mistake I made with trying to pay off our second mortgage. Well, another tip that I learned a few years ago occurred to me that I know some of you have also had to deal with: Sending in extra payments We're on a … [Read more...] about Another Mortgage Tip: Sending Extra Payments
Banking • Finances & Money • Home
Here's a quick tip I learned the hard way. As some of you know, we did a dumb thing a little over 6 years ago and both financed 100% of our home purchase and also opted for a 5/1 interest-only loan (for the first 80%), all while we could barely … [Read more...] about Check your mortgage company rules before trying to pay off your loan
By Kathleen Macky You’ve been watching some of those reality TV shows about flipping houses and you’re pretty sure you could do just as well as (if not better than) some of the goofs on the tube. What you may not know is that most of those … [Read more...] about The Pros and Cons of Flipping Real Estate
Finances & Money • Frugality • Home
You may notice your wallet begin to sweat a bit as the summer heats up. That comfortable air conditioning runs up the electricity bill, and gas prices, typically higher in the summer, make that family vacation more expensive than expected. With a … [Read more...] about Summer Savings on the Road and at Home
Debt • Finances & Money • Home
Last November, I explained our mortgage situation and how our rate dropped dramatically at its first scheduled reset. Six months ago, it dropped from 5.25% to 2.875%, and I figured that would be the lowest it would ever go. I've been monitoring the … [Read more...] about 6 months later and our mortgage rate went down again
Finances & Money • Frugality • Home
I'm tired of spending, and so is NCN from No Credit Needed. He shares my sentiments that we're pretty happy with what we have, but looking deeper into the feeling, there's a lot to it. One of NCN's commenters, Jackie, stated: However, being over … [Read more...] about Others who are tired of spending
Debt • Finances & Money • Home
Actually, I'm pretty excited that our adjustable mortgage rate reset. A couple months ago, I wrote all about the details of our two mortgages. To recap, our primary mortgage, which is about $300,000, is a 5/1 interest-only ARM mortgage. The "5" means … [Read more...] about Our adjustable mortgage rate reset! Oh No!
You've heard me complain about the cost of owning a pool before. Well, the problem of being a homeowner is that when something breaks, you're on the hook to fix it. Such was the case with our pool recently when we asked a couple contractors to come … [Read more...] about $7,000 We’ll Never Get Back
