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Asked by Barbsra
Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA
Owning instead of renting a home is usually considered the smarter financial decision, and it often is — but not always. Here's an informative article on Home Buyi...
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Asked by an anonymous user
Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA
While home ownership is expensive, rents have also become increasingly expensive. Owning instead of renting a home is usually considered the smarter financial decision...
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Asked by an anonymous user
Answered by MoneyTips Writing Staff
Financial Adviser in Los Angeles, CA
Choosing to rent or buy a home is a very personal choice that depends on various factors, such as your family, life goals, job mobility, and debt load. For an analysis...
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Asked by Tyshia
Answered by Ted Rood PRO+
Mortgage Broker in Maryland Heights, MO
Yes, fortunately FHA now allows borrowers to qualify using an estimated payment of 1% of their student loan balances. Note that even if the loans are in deferment, or...
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Asked by Cheryl
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hi Cheryl: If you are financing an "out of state" property, it means that the property you are financing is out of the state from where you live. Your "primary" res...
Q&A
Asked by JOSE BALLARD
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Jose: Thanks for your question. There is nothing stopping you from doing either. However be advised that 1) There are specific guidelines for renting your home and ...
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Asked by Hope
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hello Hope: You can think of credit as something that reflects your "fiscal personality" and you always want to make a good impression. By that I mean your credit h...
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Asked by Joyce
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hi Joyce: First, it's very nice to be able to answer a question for someone right here in my backyard (DC)! Real estate investing can be both very challenging and v...
Q&A
Asked by an anonymous user
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hello: You're reported loan to value on $750k to $5 million should certainly fit well within lending guidelines. The interest rate however, like all proposed trans...
Q&A
Asked by Lauren
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hi Lauren: In fact, yes it is possible though I am sure you realize that the financing may not be under the best terms. Your financing may require a larger down pay...
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