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Underwater without a Drop to Drink

Over the past few months, talk of the US debt crisis has got me thinking: how does all this effect me? As it turns out, more than you might think. Here’s how my little brain traveled from the hell-in-a-handbasket news from the US government to me trying my hand at refinancing my condo: Clearly, US (more&hellip)

Renting to Own Happiness and Avoid Clutter

I realize it’s ironic for a blog about real estate to advocate renting. The thing is, for many people, renting makes a lot of sense. The American Dream tradition of everyone owning a home served our country well…until it didn’t. And now, people are increasingly questioning the value of home ownership. Some say it stifles (more&hellip)

All About Ratios: Why Your Bank Thinks You’re Richer Than You Are

Several ratios come into play when it comes to figuring out what you can afford. To make things more complicated, you and your bank have different ways of figuring out what you can afford. Let’s first talk about the bank’s method. Banks are interested primarily in two things: your debt and your income. Sometimes they (more&hellip)