How Much Down Payment
Q. Do I need a down payment to by a house? (Photo: I took this in a remote area of Zion National Park on a drive on a fall afternoon.) A. Yes (Short & Best Answer) with a "*" that suggests a 'maybe'. When buying a home, you are the person responsible 100% for its financing and associated pa
Priorities - Affordable Housing
There is a great deal of discussion on the issue of 'Affordable Housing'. People (Politicians, Bankers, Realtors etc.) are looking at solutions from down payment assistance, tax credits, seller concesions, builder incentives - all of which help - but the area we might be overlooking at is ourselves
How much of my INCOME should I spend for RENT or MORTGAGE payments?
This is an excelent BUDGET and PLANNING question everyone should think about, plan for and implement. Plans always out perform whims! There are a two reasonable RATIO approaches to consider. The first ratio or rule of thumb, looking at GROSS INCOME, states that "You should aim for 28-30% of y