MoneyUnder30.com
MoneyUnder30.com

Does Somebody Really Live There? Crazy and Amazing Houses in America

As I was driving from San Diego to Los Angeles a couple of weeks ago, I saw a massive house at the very top of a huge mountain. The house was overlooking the freeway and had no other houses nearby. I wondered who lives there and what it would be like … [Read more...]

Discount Real Estate Brokerages: Worthwhile or a Scam?

“Sell your home for only 1.5% commission!” read a billboard that caught my eye recently as I drove down the freeway. As a Real Estate Broker with a family to support, my first thought was that if I made that little on every transaction, I wouldn’t … [Read more...]

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

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 … [Read more...]

The Do’s and Don’ts of Buying a New House While Working Full-Time

So you're tired of your little old lady landlord losing your rent check. And your frat boy neighbors were fun three years ago, but now their mid-week keg parties are keeping you awake. You've got the money saved to buy your first home, but there's … [Read more...]

Should You Buy a ‘Starter Home’ or Wait?

In many parts of the country, the real estate market seems to be rebounding. “As buyers seek to take advantage of record-low mortgage rates, the supply and demand imbalance threatens to further limit deals as the key spring selling season ap … [Read more...]

Money Mentors: Erin Cerat on Paying Cash, Babysitting on the Side, and Buying a Home

For this “Money Mentor” post, I wanted to bring attention to someone who’s doing the little things right. It’s really a chance to ask a thrifty friend — the one who seems like she always has it together — the secrets to her success. Meet Erin Cerat … [Read more...]

What Percentage Of Income Can You Afford For Mortgage Payments?

This question often comes up among first-time home buyers: What percentage of my monthly income can I afford to spend on my mortgage payment? Does that percentage include property taxes? Private mortgage insurance (PMI) or homeowners … [Read more...]

Confessions of a New Homeowner: Expenses We Expected and Didn’t Expect

My husband and I closed on our first house on March 9, 2012.  Since then, it has been a whirlwind of new homeowner activities. Painting, fixing, landscaping, neighbor-meeting, decorating ... and spending. Lots of spending. We rented for several y … [Read more...]

What Your Mortgage Interest Rate Really Means

With mortgage rates so low right now, it seems everybody is talking about what a smoking hot mortgage rate they got on their new house. But mortgage rates are tricky. It's easy to look at a 3.75 percent APR mortgage rate and say "holy cow" when, 25 … [Read more...]

Your First Home: What Can You Get for $200k?

As if I don’t get enough real estate as a full-time broker, I spend what little time I take off from work watching the HDTV show “House Hunters.” Why watch something I see day in and out? For the same reason anyone does — to compare. I sit there, thin … [Read more...]