There has been a lot of discussions recently about whether people should walk away from their mortgages. Should people just lock the doors and move on? Should people stay in a home that is “underwater” and hope that the market rebounds? Should people sacrifice everything else in their lives to make sure they can keep [...]
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Now that you know your credit score and are working diligently to improve it, it is time to figure out what you can afford for a monthly mortgage payment. Unless you are already living in a house or currently rent a house, there are additional expenses that come with owning a home that are commonly overlooked.
As a homeowner, [...]
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