5 Things I Learned From Buying My First Home Modest Money3 Comments

If you would have told me one year ago that I was going to be a homeowner by now, I would have rolled my eyes and told you to stop putting pressure on me. I’m doing just fine the way things are, thank you!

But then, I started diving in to the personal finance blogging community and quickly learned from blogs like this one that your money is pretty useless sitting in a standard savings account. I also learned how renting a home can be a waste of money if you’re financially ready to buy. So I grabbed a handy myFICO calculator and crunched the numbers. And then my head exploded. Not only could I afford a home, I could afford a pretty decent home. Who woulda thought? I sure didn’t.

Flash forward 6 months and I’m the proud owner of my first little desert bungalow, fully-loaded with years of home repair and improvement projects. Here’s what I learned in the process:

1. You can’t rush a house

I mean this in two ways. First of all, the home buying process is long. I was lucky enough to have a lender willing to do a 30-day close. That means only…

This entry was posted in Real Estate, and tagged , Modest Money3 Comments
By : Adam | 23 Oct 2014
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How Many Mortgage Payments Can Be Missed Before Foreclosure

By : Adam | 22 Oct 2014

The following is a guest post about mortgage. If interested in submitting a guest post please read my guest post policy and then contact me. For those that have a home and mortgage payments become more and more difficult to get together and pay, you’ll …

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Optionshouse Review – Read Before You Invest

By : Adam | 17 Oct 2014

Hi everyone, I’m Jamie Bush from Jamie’s Money Advice and today I’m going to give you a review of a service that I prefer for all of my options trading. In fact, I switched over to them after using both Scottrade and TD Ameritrade for …

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A Personal Finance Thriller

By : Adam | 16 Oct 2014

For the last six months or so I have been working on my first novel, a personal finance thriller entitled Cream City Hustle. While there are financial thrillers out there, it is a fairly small genre. I’m not even certain that a would be sub-genre, personal …

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Principles and Guidelines for a Small Business

By : Adam | 15 Oct 2014

The Generally Accepted Accounting Principles are a number of rules and guidelines that accountants follow in the preparations of financial statements and record a summary of transactions. GVK Group uses these GAAP rules in all its transactions, which allow them to achieve consistency in reporting …

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