Last week, the National Association of Realtors (NAR) released their most recent Existing Home Sales Report. According to the report: “The median existing-home price for all housing types in January was $240,500, up 5.8 percent from January 2017 ($227,300). January’s price increase marks the 71st straight month of year-over-year gains.” Seventy-one consecutive months of price […]

This may be distressing news:  even if your homeowners insurance policy covers a certain level of personal property, your high value items may not actually be covered in case of theft or damage. This is because many policies have payout limits per category of item, and per individual item. For example, even if you have […]

Most loans consumers obtain from a bank are backed by collateral that the lending institution can then claim if the loan stops being paid. For example, a home loan is secured by the home itself, and if the homeowner defaults the bank can foreclose on and take possession of the house. Similarly, a vehicle loan […]

While interest rates are still low, buying an investment property might be tempting, especially if you’ve got the down payment and can qualify for a mortgage. Let’s face it: earning revenue is always attractive, so rental or resale income can be enticing. Making the investment into property is a big decision, though, and it carries […]