Archive - July 28, 2010

1
With Real Estate Prices Sinking, Should You Lease or Buy?
2
Splitting The House During a Divorce In a Recession

With Real Estate Prices Sinking, Should You Lease or Buy?

As housing prices have dropped significantly over the past two years, it may be time to reassess your living situation.  Since there are many different factors to consider when making a lease or buy decision, I’ll just give you an example (mine) and the formula to help you make the decision for yourself.  Then you can plug in your own information and decide for yourself. The following factors are the main influence on a purchase decision for your personal residence.

  • The price of a home in your area
  • Mortgage interest rates in your area
  • Income tax benefits of home ownership
Read More

Splitting The House During a Divorce In a Recession

Besides income and expenses, the house is another issue that sometimes has some aberrant circumstances in this recession.  During a “normal” economy, it’s pretty common for divorcing families either sell the home or one of them continues to live in it.  Seems pretty straightforward.  If neither of the spouses wants to stay in the house or can afford it, the house is sold.  Since the house is one of the biggest assets for the family, it can sometimes be tricky even in normal times.

But these are not normal times.  Money stress seems to be bringing more people to seeking

Read More

Copyright 2014 FiGuide.com   About Us   Contact Us   Our Advisors       Login