Why Paying Off Debt Could Actually Hurt Your Homebuying Chances

How you plan and budget your finances can have a big effect on whether or not you can qualify for a home loan. For sound financial planning purposes, eliminating the expenses in your life that contain the highest interest rates first is generally a good approach. After all, why pay more interest, right? But it's not always that simple...

Dave Says Set Financial Priorities

If you have things in your life that are pulling at you financially at some point you may have to ask the hard question, “What is more important to me: horses and boats or home ownership?”

IRS Gets New Powers to Revoke Passports

Submarined deep in the transportation bill passed by Congress last December was a new power given to the IRS to collect taxes. If you have a federal tax debt of $50,000 or more, the IRS can get your passport cancelled. 

Boomerang Buyers

Boomerang buyers who experienced a foreclosure or short sale during the housing crisis seven years ago may now be eligible to buy a home, but preparation to become an owner again is needed.