House Poor: What It Means And How To Avoid It

There is a good chance you have heard someone described as being house poor. What exactly does it mean? It is important to understand what it means to be house poor and how you can stay away from it. House Poor Means Spending A Significant Chunk Of Your Income On Housing Being house-poor means different things for different people. In general, it means spending a significant amount of your monthly income on recurring expenses related to your house. A few examples include your mortgage, the interest on your mortgage, your property taxes, and HOA expenses. Owning a house can be…
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Pet Safety Checklist

Many people view their furry friends as members of the family. If you have pets at home, you need to make sure they are well taken care of. That means taking a closer look at an important pet safety checklist. What are a few of the most important items you need to include on this checklist if you want to make sure your dogs and cats are safe? Regular Checkups Are Critical First, you need to make sure that you take your pets to the veterinarian at least once per year. Just as you go to the doctor once per…
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How Do You Actually Write The Check To Buy A House?

After you have found the right house to meet your needs, you need to make the down payment to complete the transaction. Can you show up at the closing table with a suitcase full of cash? Of course, that would be a bit suspect, so that is not actually how it happens. What do you need to do to actually hand over the funds to buy the house?  The Down Payment Is Verified Beforehand First, understand that the down payment is usually verified before you agree to the deal. Your real estate agent will work with you and the seller’s…
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