Buying a home is undoubtedly one of the most expensive ventures of your lifetime. But it’s important to understand that much more goes into budgeting for a new home than the price of the house itself—like closing costs.
Planning a vacation? With a few smart tweaks to your travel planning, you can save big money, according to travel resource Hotwire. Below are several Hotwire suggestions for getting more value out of your vacation.
When planning your trip, keep an open mind and focus on the type of vacation you want (beach, city, etc.), then search a variety of related locales to find the best deals.
Many homeowners have heard that homeownership is a great investment. However, knowing why and how is a different story. This is especially pertinent when it comes to home equity, which is often a homeowner’s largest financial asset, and can make up over half of their net worth. But how can you use your equity to your advantage?
By Damien Justus
Thanks to Reality TV, you can see people buying houses and flipping them for profit on cable television and even your local public network. While some of these shows tell you how much the people spend on each segment, others show this process as a seamless task that can be completed with almost no troubles. Experts come in to demolish the site overnight and the host gets to shop for trendy, beautiful replacements. Almost like magic, a new house appears, a huge amount of money is earned and everyone walks away happy.
By Barbara Pronin
The money habits children develop while they’re young can help form habits that guide their financial future, and the younger they are when they learn good money habits, the more likely they are to value them.
Financial editors at the money and investment site, The Motley Fool, suggest the five most important money tips you can teach kids at an early age:
It's a good time to be a seller.
Home sellers in 2016 saw the highest profits since 2007, averaging a 21 percent gain, or $38,206, according to ATTOM Data Solutions' Year-End 2016 U.S. Home Sales Report. Sellers in San Jose and San Francisco, Calif. saw the highest gain, at 69 percent, as well as those in Santa Rosa, Calif., at 52 percent, Los Angeles, Calif., at 49 percent, and Seattle, Wash., at 48 percent.
ATTOM Data Solutions analyzed the numbers and found that over a span of 16 years and more than 50 million single family and condos sales, February is the best month for home buying bargains, and eight of the top 10 best days for buying a home are in February.
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