Several years ago my wife and I decided to refinance our home (and then a year later, our rental house). One of the main reasons for the refinance was to lower our monthly payment as well as take advantage of the lower interest rates. Another factor was that we didn’t have any short or long-term …
Tag: mortgage
My Experience of Getting Out of a Non-Contingent Home Buying Clause
Friends, this article is really personal as to my experience about recently buying a farmhouse, and has involved a lot of pain and financial loss for my family. However, at the end of it, I have felt that my experience may resign-ate with other people that might be buying a house and want to get …
6 Areas to Save the Most Money On Your Reoccurring Expenses
As I developed the Two Checking Account System, I soon realized that my budget had a lot of fat in it. The majority of my waste was in my fixed expenses. It was frustrating, because I knew that these were commitments that I was locked into. Because of how the Two Checking Account System works …
How Veterans Can Obtain a VA Home Loan
First-time homebuyers often have a lot on their plate, from sizing up neighborhoods to securing the right financing. Military borrowers are often grappling with even more, given the nature of their service and sacrifice for our country.
10 Best Ways to Save Money for 2013
Over the last three years my family has made huge strides in creating ways to save money in order to get out from the burden of debt. When Aaron and I started Three Thrifty Guys our family had about $25,000+ in non-mortgage debt. We’ve always focused on implementing thirfty ideas and ways to save, but …
Is LendingTree Reputable?
With interest rates still at record lows, my wife and I have been considering refinancing our house (last year, we refinanced our rental home). I typically use a trusted mortgage pro to handle anything I do with my home – but this time I thought I would go elsewhere. His rates have traditionally been higher than …
Steps to Get a Mortgage
Getting a mortgage today is not as easy as it once was. It used to be that if you had a bank account and graduated middle school, you could get a mortgage (facetious of course). But, since the Great Recession, that has all changed. I recently read a story by Reuters columnist, Linda Stern in which …
Four Ways to Pay Off Your Home Faster Than You Thought Possible
Most people don’t think about paying off their homes aggressively. We all grew up hearing how long it takes to finally own a home, and even the bank makes it seem like it should take decades (which is in their best interest, not yours). Combined with all the economic doom and gloom floating around, aggressively …
Ideas to Accelerate Paying Off Your Mortgage
Recently I was reading, Jeff Yeager’s “The Cheapskate Next Door: The Surprising Secrets of Americans Living Happily Below Their Means” and came upon the section on “Break the Mortgage Chains that Bind Thee”. One paragraph in particular in caught my attention on accelerating paying off your mortgage. Most all of us have mortgages right? Until a …
Which is Cheaper: Townhomes or Single-family Homes?
This is a question that has bothered me ever since I bought my first home. I must have looked at single-family homes and townhomes (plus condos) for a good year or so before settling on a townhome. And, this is not an easy question to answer. I wrote down and thought about the pros and …