home ownership

Your equity was always imaginary

Posted 9 weeks 2 days ago by Philip Brewer

You used to hear the term "land rich, cash poor" for people who owned valuable land but didn't have quite enough money to make ends meet. It's an expression that dates back to the days when property was the only kind of real wealth there was. It's kind of fallen out of fashion of late. But as property values keep falling, it's worth thinking about the ways in which land is wealth.

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Are You Ready for Home Ownership?

Posted 43 weeks 1 day ago by Jessica Harp

Real Estate and Housing

My husband and I just moved to the Great Northwest, and we batted around the idea of purchasing our first home. We are both college graduates, have great jobs, and we’re ready to live the American Dream! Not only are we ready to live “The Dream”, but the financial aspects of home ownership are certainly appealing. I mean, who likes throwing their money down the toilet every month in rent checks? I sure don’t! So, why would we choose to rent rather than to purchase a home?

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