MoneyUnder30.com

Archive for: Real Estate & Renting

Why Owning a Home is a Bad Investment — But Often a Smart Decision

flickr.contractors

Experiential learning is always better than any lesson from a book. But when it comes to personal finance, too often the experience comes at the price of losing or spending way too much money. This past summer, my wife and I decided to finish our basement. We met with our contractor, who was honest and […]

How To Get Approved For Your First Mortgage

How to get approved for your first mortgage.

Mortgage lenders tightened their fists after the recession, but it’s still possible for young buyers to get approved for a mortgage. What you need to know.

How to Find a Short-Term Rental

Finding a short-term rental for an internship or contract job can be tricky; here are some tips.

As I’ve been getting further along in my college career, one word has changed in my mind from an exciting one to a scary one: internship. Sure, many internships are extremely competitive and offer low or no pay, but perhaps the hardest thing about internships is that if you have to do a short stint in a […]

Can My Landlord REALLY Do That? A Guide to Renter’s Rights

For Rent sign with questionable qualification.

Wait, can my landlord REALLY do that? Maybe not. All states give renters rights. If you rent an apartment, understand the basics of landlord-tenant law.

The Do’s And Don’ts Of Buying A New House While Working Full-Time

movingday.flickr

Buying a house can be time consuming. Between all the paperwork of getting a mortgage, looking at houses, and submitting offers, who has the time? Here are some tips on what to expect and how to make things go a little smoother.

Closing on a House: Navigate the Home Closing Process Like a Pro

Closing a house is a long process, but it can go smoothly if you have the paperwork in order.

Some things, as they say, they don’t teach in school—especially when it comes to personal finance. Of course, that’s what this website is all about. Think about the first time you had to do your own taxes. Or figure out a proper investment plan. Or decide between term insurance and whole life insurance. Maybe you […]

Compare Home Insurance And Get Quotes Online

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Getting home insurance is a rite of passage for all adults, but knowing what you need is confusing. Here’s how to compare home insurance rates and policies and find out what coverage you need.

Should You Buy a ‘Starter Home’ Or Wait?

flickr.house.photo dean

Buying a house is a big decision and there is a lot to consider. Should you get a starter house right now just to get into the market, or should you wait until you can afford your “forever house”? We weigh the pros and cons of the starter house.

This Post for Rent: 8 Tips for Landlords, Renters in the Under-30 Crowd

Flickr.apartmentforrent.interpunct

Just as the Great Recession hit homeowners with a mighty wallop, it also took a toll on rentals, with bad news for landlords and tenants alike. According to the Joint Center for Housing Studies at Harvard University, vacancy rates reached a new high of 10.6 percent in 2009, with a growing portion of renters unable […]

What Percentage Of Income Can You Afford For Mortgage Payments?

What percentage of your income can you afford for mortgage payments?

Learn the rules of home affordability to figure out what percentage of your gross monthly income you can safely spend on housing. Caution: Your mortgage lender may very well approve you for a bigger mortgage that you can actually afford.