4 Ways To Bring Your Dream Kitchen To Life

DYI Home Finance

dream kitchen

The kitchen is the heart of the home. It’s where we spend many hours whipping up delectable dishes to please every palate and food plan. It’s where we catch a quick morning chat over coffee and linger over dinners together in the early evening. The kitchen is where it’s at. It’s also the area of the home that sees the …

The Best Way To Finance A Home Improvement Project

DYI Home Finance

Home Improvement Plans

Are you looking to remodel your kitchen or finally add that pool or deck you’ve always wanted? With no finance fees or interest payments, paying cash for a home improvement project is clearly the best option. However, if you don’t have enough in savings to cover a large home improvement project or worse yet, an unexpected major repair such as …

Fifteen Tricks to Sell Your Home Quickly

DYI Home Finance

Sell your home quickly

If you’re looking to sell your home and start over somewhere else, you likely want to see that sale happen as quickly as possible. After all, it isn’t easy to be paying two mortgages at once! You might also be counting on the proceeds of the sale to help make a down payment on your new home. Read on for …

Is a HELOC a good idea?

DYI Home Finance

Picture of stacked money next to miniature model home and notepad and pen

Money you owe on your home is often called “good debt” and there are a few ways in which it’s different than other kinds of debt. First, it’s secured. That is, your ability to repay the debt is ensured by the value of the property. Second, its effective interest rate is lower even than advertised. Your home will likely appreciate …

4 Home Improvement Projects with High Long-Term Return

DYI Home Finance

Older couple laying on the floor, coffee cups next to each while reviewing home improvement plans

When you’re making improvements to your home, you’re not just making your life better in the short term. You’re also making an investment in your future. Ideally, the increase in the value of your home will exceed the cost of the improvement. However, it seldom works out like that. The most efficient home improvements don’t pay for themselves immediately. The …

7 Ways to Stop Worrying about Debt and Love Your Mortgage

DYI Home Finance

Oriental, young, woman holding a red, paper heart to her face, eyes showing

Every corner of the personal finance world seems to hammer home the same point: Debt is the wealth killer. Debt is the single greatest threat to your retirement planning, college savings and financial independence.Except, as it turns out, there is one kind of debt that defies all of these rules: mortgages. Money you owe on real property can, in fact, …

Which is Right for Me: Adjustable or Fixed-Rate Mortgage Loan?

DYI Home Finance

Business woman holding two miniature model homes in her hands

The choice of which mortgage loan to go with starts with a simple question: fixed-rate or adjustable? There are many different terms, points and rates associated with each, but narrowing your search to a category can really simplify the process. Fixed-rate mortgages are the more traditional choice. You and a lender agree to a length of time (or term) and …

Private Mortgage Insurance – What You Need to Know

DYI Home Finance

Smiling couple sitting on the floor back to back with a outline of a house over them, moving boxes around them

Be on the lookout for PMI: Private Mortgage Insurance. Whether you’re a long-time homeowner or you’ve just started shopping for your dream house, you’ve seen stacks of papers full of acronyms. Buried amid the dense undergrowth of legalese are three letters that could be costing you more than you think. PMI in a nutshell Close your eyes and imagine yourself …