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Can You Buy a House Without Your Spouse? The Pros and Cons

 | Jul 24, 2017
Can you buy a house without your spouse? That might seem like a weird and highly unromantic question, but there are plenty of reasons to ponder this possibility. Basically, this means that although you two might live in the home together, only you would technically “take title” to the property—a fancy way to say that you own it and have your name on the deed. It’s legal—and more common than you might think. Read the article…

government-assistance

5 Ways the Government Can Save You Big Bucks on Your First Home

| May 31, 2016

Itching for the key to unlock your dream of a new house? Here’s yet another reason to love your country: The U.S. has plenty of programs and incentives that could make that goal a reality. If you’re a first-time buyer—and even if you’re not, in some cases—there are some government benefits that can help you afford those new digs.

Before we dive deep into the ways the government can help fund your new home, there’s a little matter to clear up: your eligibility.

The Department of Housing and Urban Development—the U.S. agency that oversees all housing matters—is fond of bolstering the success of first-time buyers. But that doesn’t mean you’re locked out of options if you’ve already owned a home. Here’s what HUD considers a “first-time home buyer”…read the article

These 10 CEOs’ Top To-Do List Hacks

Should you ditch that to-do list app for a paper planner—or scrap both entirely? Here’s how 10 execs stay organized day in and day out.

BY PAVITHRA MOHAN

You’ve never quite figured out the best way to organize your to-do list–join the club. Perhaps you’ve got dozens of pages of to-dos stored away in the Notes app on your phone, and dozens more spread out across Slack and Trello. Or maybe you’ve tried a bunch to-do list apps and haven’t been able to commit to one. Fear not: There’s no right way to do to-do lists.  

“What’s more important than an app is having a reliable system that can help you prioritize the important things and juggle many things at once without feeling overwhelmed,” says Amir Salihefendic, CEO of productivity startup Doist. “My suggestion would be to have a system, [rather] than just a to-do app.”  Check out the list of lists…

Ouch! Three Times You Can Kiss Your Earnest Money Goodbye

The earnest money deposit—the cash you offer to essentially call dibs on a house—is one of the most important and misunderstood parts of the home-buying process.

Depending on where you live, you can expect to put down anywhere from 1% to even 10% of the home’s purchase price as earnest money. (In some highly competitive markets, buyers are making even larger deposits in an effort to stand out.) An earnest money deposit tells a seller you are serious about closing. Without earnest money, you could theoretically make offers on multiple homes, essentially taking them off the market until you decide which one you like best.

Don’t worry—the seller isn’t going to run off to Aruba with your cash. It remains in an escrow account or with the title company until the sale closes. And, if everything goes off without a hitch, that earnest money is put toward your down payment and closing costs. So there’s nothing to lose, right?  Read the whole article