Personal Finance Archives – Page 3 of 3

12 Feb 2013

Clever Tips for Paying Off Your Home Mortgage Faster

Personal Finance

Paying off the mortgage on your Solana Beach home faster not only means that you'll be able to enjoy the peace of mind that comes with completely owning your property sooner, but you may also save thousands of dollars in mortgage interest payments over time. Below are seven clever tips to help you get your mortgage payments on the fast track. Save for a large down payment Make as large of a down payment as you can reasonably afford. The more cash you can put down, the less you'll have to borrow from the bank. This will reduce your monthly…

When Can You Buy Real Estate After Foreclosure?

Personal Finance

If you lost your Solana Beach home due to foreclosure, you probably haven't given up on the dream of owning a new home. The good news is that a number of guidelines have changed which may allow you an opportunity to buy that new home sooner than you think. There are a few guidelines that lenders follow to determine when you’ll qualify for financing after foreclosure. Arming yourself with this information may help you qualify again for a mortgage. Foreclosure With Extenuating Circumstances Generally, lenders will take into consideration any extenuating circumstances surrounding the foreclosure on your California real…

6 Tips For Buying An Older Home

Personal Finance

Older Solana Beach homes sometimes offer more charm and character than the newer houses of today. They boast gabled roofs, crown moldings, hardwood floors and antique fixtures. Buying an old house is like buying a piece of local history. Its beautiful period features can give it a timeless beauty and grace that is hard to resist. However, buying a house from another era can be an endeavor fraught with potential problems. Older houses are not necessarily built to the same electrical or plumbing standards of today. Plus, if they have not been maintained correctly through the years, they can turn…