Hidden costs of home buying that go way beyond a down payment and mortgage

country side abroad

Buying your first home is unlike any purchase you’ve ever made. While it can be daunting just thinking about making a down payment on a house, the asking price won’t nearly reflect the amount you’ll end up paying, with extraneous costs popping up left, right and center. And if that incites enough anxiety to stick to…

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We are millionaire mortgage prisoners

millionaires bankrupt

They lead a lavish lifestyle and always make their payments on time, so why won’t anyone give them another loan? by Kate Palmer Edward and Melanie Rom run a multimillion-pound travel business and are no strangers to champagne parties, luxury golf resorts and private jets. Yet their lender, Barclays, has refused to give them a…

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How I Bought a House and Joined the Foreclosure Generation

house under water

When the economy imploded in 2007, millions of young homeowners saw their property values disintegrate. The American Dream was never the same. After looking at several houses along Alabama’s Gulf Coast, my new wife and I decided the sunny cottage on Audubon Drive in Foley was the one—so long as the seller came down a…

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