Less than 30% of Los Angeles residents are in a financial position to purchase a median-priced home, according the California Association of Realtors. If you’re a first-time buyer, it can be even more difficult because you aren’t selling a property they can sell to cover the cost of the down payment. Fortunately, there are programs […]
Have you tried to get a mortgage recently? It can be an obstacle course of paperwork to get a loan…but weave the impediments and you can buy a home. Here are five key actions you need to accomplish to get a mortgage.
edited by Jodi Summers Home ownership in necessary for wealth creation. Owning is better than renting because, over time, the net worth of homeowners significantly outpaces that of renters. Researchers at the Joint Center for Housing Studies at Harvard University recently analyzed the reasons why the net worth of homeowners has outclassed that of renters, […]
from Jodi Summers ** http://www.slate.com/blogs/moneybox/2014/08/01/map_the_richest_person_in_every_state_of_america.html
Edited by Jodi Summers These days it seems like becoming a billionaire isn’t as difficult as it used to be. Forbes billionaires list 2014 features 268 newcomers, resulting in a record 1,645 billionaires on earth with an aggregate net worth of $6.4 trillion. Forbes tallies that roughly two-thirds of the billionaires built their own fortunes, […]