Tag: home ownership

  • Why my Underwater House Worked for Me

    Tweet There has been a lot of buzz in the PF world about Strategic Defaulting on a Mortgage. (For you non-PF’ers that’s the term used to walk away from a mortgage even though you can afford to keep paying.)   First Financial Samurai talked about friend of his who is about to walk away from a…

  • Dream Homes and Gut Reactions

    Tweet One of our dreams is to someday retire, have a little boat and live on the ocean. Oceanfront property is not cheap in the Northeast.   However, with interest rates as low as they are, we decided to have a look around to see what was out there.  It wasn’t long before we  found a…

  • Pros and Cons of Fixer Uppers

    Tweet We have been home owners for about 10 years now.  I love my home. It’s a Colonial Built in 1959 with 3 bedrooms, 2 baths and is just over 1700 sq/ft. It’s situated on a cul de sac and I like my neighbors.  When we bought the house in 2000, that’s about where the…

  • Buying a House with Cash

    Tweet One of my readers requested that I go into more detail about how on earth my mom bought a house with cash while making minimum wage. It just didn’t add up and she wanted to know more. So here’s a little history.  My mom came to this country in 1966, got married around 1970…