With the high cost of housing these days, it can be tough for anyone to get approved for a mortgage, let alone a young adult who might just be early on in their careers. If your adult child is looking to buy a home but can't secure one on his or her own, you may want to co-sign on a mortgage. But before you do, there are some things you should do first, and this article will outline what they are.
Investing your money is a great way to make it work for you to build wealth over time, leaving you with a comfortable nest egg for the future. But what exactly is pooled-funds investing in WA, OR, ID, and CO? We'll discuss that in this article.
Currently, this is a great time to be in the market for a new home. The interest rates on mortgages have fallen countless times over the past few years. Even though interest rates have been in the double-digits in the past, there are homeowners today who are able to agree to a mortgage for less than three percent.
A mortgage is a significant responsibility. For this reason, many people have someone co-sign with them on their mortgage. Before agreeing to co-sign on any mortgage, it is important to ask the right questions. There are several crucial questions that everyone should ask before they co-sign on someone else's mortgage.
For a long time after the real estate housing crisis in 2008, buyers with a poor credit history had a difficult time finding mortgage financing. It was a problem that trapped those seeking to buy a home because so many lost their homes from the inability to pay their mortgages.