Being house poor refers to a situation where a person or household devotes a significant portion of their income to housing expenses, leaving little room for other essential expenses or discretionary spending. In other words, they are financially burdened by the costs associated with owning or renting a home. When someone is house poor, a…
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Buying a primary home and buying an investment property are two different types of purchases with different goals and things to consider. Buying a primary home typically refers to purchasing a property for personal use, where you will live and make it your own space. The main goal is to find a comfortable and suitable…
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I know, I know. Most of you know I am married. However, all of our homes have been purchased using only one of our incomes to keep costs low in case of inflation, job loss, illness, etc. Here are a few tips to buying a home on one income that can be useful to YOU!…
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