Sentences with phrase «expenses of home ownership»

Assuming you want them to buy your house, you are looking for tenants who can afford the eventual mortgage payments and all the other expenses of home ownership, especially if you end up selling them the house with owner financing.

You're looking for an adult community so that you don't have to deal with the hassles and expenses of home ownership.

Although escrow accounts can make it easy to manage the expenses of home ownership, its important that you fully understand the pros and cons of these financial products to help protect yourself from a variety of costly mistakes!

Lower payments would help home buyers afford the expenses of home ownership — from closing costs to homeowner's insurance to emergency funds.

Study good faith estimates of those expenses so you get an accurate view of where you might stand once you get into your home, how you will deal with the expense of home ownership.

Plouffe, the top campaign policy adviser for President Barack Obama in both 2008 and 2012, says efforts to improve the federal government's financial picture don't have to come at the expense of home ownership.

Not exact matches

The ensuing boom endowed the middle class in the United States and other countries, but was debt financed, first for home ownership and commercial real estate, then by consumer credit to purchase of automobiles and appliances, and finally by credit - card debt just to meet living expenses.

Regular monthly expenses aside, home ownership can serve up all sorts of expensive surprises, and you'll want to make sure your savings account is prepared.

Unlike renting, home ownership generates a long list of expenses.

What you can afford depends on the size of your mortgage, mortgage rates, costs of home ownership, other expenses and income.

Homeowners searching for a way to finance large expenses can take advantage of their home ownership to get a hold of some extra cash.

Student loans will only exacerbate the problem and will mean putting off money - related decisions like home ownership and starting a family because of the additional expense involved.

While the returns on home ownership may pale in comparison to stocks, the choice is between the heavily leveraged, forced savings plan of home ownership, and completely forfeiting any hope of return or even partial recovery of the housing expense.

The bank said the value of the home was not worth the ongoing expenses of ownership.

If you don't pay yourself back (because of extra expenses that come with home ownership), over 35 years, the opportunity cost of the 10,000 you withdrew is over $ 230,000.

It also asks you a series of questions about home ownership, investment income and medical expenses to see what else needs to be added to your return.

What you can afford depends on the size of your mortgage, mortgage rates, costs of home ownership, your other expenses and your income.

There are a number of financial steps to take before, during and after the home buying process to protect yourself from unplanned expenses which often arise from home ownership and life.

You can also read more about some of the specific expenses resulting from home ownership below the download block.

If this is your first foray into home ownership, most of these expenses are probably new to you.

This is an added benefit to ownership; having access to quality resort destinations with flexible options, without the expense and responsibility of maintaining a second home.

• The spouses» income and ownership of property • The spouses» present and future earnings • The spouses» education and training levels • The hinderance of one spouse's job - seeking ability by the other spouse (for example: domestic violence) • The children's residency • The maintenance - seeking spouse's ability to support self • The spouses» living conditions prior to marriage • The maintenance - seeking spouse's lack of income due to remaining home to raise the children instead of being gainfully employed • The children's extra expenses (for example: schooling, day care or medical expenses) • Providing care for disabled children, adult children, elderly parents or in - laws • The maintenance - seeking spouse's contributions to the marriage (for example: becoming a homemaker and not receiving a fixed income) • Either spouse's loss of assets due to a risky behavior • Loss of health insurance benefits due to the divorce (The maintenance - seeking spouse will need to obtain insurance.

It is also a haven for retirees, many of whom rent their homes in their later years to avoid the expense and responsibility of ownership.

Explain housing budgets and financial expenses as they relate to the purchase of a new home and longer - term home ownership needs.

The term «house poor» describes a person who spends a large proportion of his or her income on home ownership, leaving little money for discretionary expenses.

But hidden expenses, those that come with the territory of home ownership will certainly affect your finances.

Consider all the additional costs of home ownership (there are many) and the things that might impact your ability to pay back the mortgage (starting a new family, loss of a job, medical emergency, unexpected and unrelated life expenses) and a select a home at the lower end of your affordability range.

Here are just a few expenses that you could incur as there is a true cost of home ownership:

Just make sure you are considering all the expenses associated with home ownership before comparing monthly rent payments to the costs of owning a home (mortgage interest expense, taxes, repairs, closing costs, etc.).