MoneyUnder30.com

Mortgage Underwater? Here Are Your Options

So, was 2005 the year that you dove in and bought your first house? How much do you wish you had had a crystal ball back then? Don’t be too hard on yourself: NOBODY had the ability to see the future and nobody knew just how bad the housing industry would get. Homeowners from all […]

How to Buy a House at Auction: Can You Really Get a Home for 50 Percent Off?

Buying a house at auction isn't for everyone, but can lead to big savings.

You’ve heard the stories and seen the ads. Perhaps you even know somebody who bought a home for cheap at a foreclosure auction. Now, you’re thinking about buying a home of your own. You have CASH from savings or an inheritance. And you’re tempted by foreclosure auctions (where banks sell foreclosed homes to quickly get […]

Four Ways to Save $50,000 or More On Your Mortgage

If you're able to make a higher monthly payment, a shorter mortgage term can save you tens of thousands on your home loan.

Note from David: When I got serious about financial improvement, I knew I wasn’t going to be able to totally eliminate dining out, Starbucks, and other indulgences like every personal finance book told me to. (Some people can; I just liked them too much.) Instead, I chose to a) earn more money and b) drastically […]

Sell Your House! How to Beat the Market, Find a Buyer, and Fetch More for Your Home

Young couple holding home sold sign.

Do you need to sell your house? Then it’s time to stand tall, roll up your sleeves, and get down to business. I don’t need to tell you that real estate market isn’t so hot right now, but if you’re committed to selling and are willing to go above and beyond the average seller out […]

5 Ways to Dramatically Lower Your Home Energy Costs All Year Long

Utility bills? Ugh. If you own a home or rent and pay your own utilities, you know it’s no fun shelling out money for these bills every month. Essential? Yes. Fun? Certainly not. Here are a few small adjustments you can make throughout your home that can save you a significant amount on your energy […]

The Real Truth About Loan Modifications

Loan modification is a hot topic these days. Millions of home owners are currently struggling to make their mortgage payments, and many owe more than their homes are worth. If you find yourself in this situation, your options aren’t great. Essentially, you can: Put your home on the market as a short sale. Stop paying […]

House-Hunting Secrets: Three Ways to Make the Most of Open Houses

Home buyers, listen up: If you’re savvy, you can get more out of open houses than free cookies. Realtors use open houses to find buyers, but clever buyers can use open houses to scout properties quickly, shop for a Realtor, and get the skinny on competing buyers. Although Realtors will show homes by appointment anytime, […]

What Happens at a Closing?

You found the perfect home and, after a few negotiations, the seller accepted your offer. You’ve been to the bank and have your mortgage approval in hand. In fact, the only thing standing between you and your new home is the closing. So just what is a real estate closing? And what exactly happens at […]

Online Home Searches: Convenient, But Not Always Accurate

These days, the first thing many Americans do when they decide they want to buy a home is search for real estate online. In fact, over 80% of homebuyers start their search for a home on the Internet, according to the National Association of Realtors. There are both advantages and disadvantages to searching for houses […]

Your Down Payment: Sources Of Cash To Buy Your First Home

Want to buy a home? Nine times out of 10, you’re going to need a down payment. Only VA loan programs for qualified veterans and active military personnel offer loans with no down payment. And even if your lender doesn’t require it, a down payment is still a good idea, as it it’ll save you […]