Video: Risk of Buying Real Estate for a Tax Purpose

I’ll never forget the time in 2019 when my husband and I applied for a home equity line of credit (HELOC) for our home in Mountainside, New Jersey – an upper middle-class suburb about 45 minutes outside New York City.  To get a HELOC, our home had to first be appraised. But when the appraiser came out, we knew almost...

HUD just granted $84 million to help provide housing stability to homeless youth in 17 communities nationwide including Philadelphia and Tulsa, along with several rural locations.

I've shared the following press release from The Department of Housing and Urban Development (also know as HUD) on my Facebook page. It turned out to be a very popular post so I've also shared it here on AskTheMoneyCoach. In this release you'll find out the purpose of this grant and how to qualify for it. This information is especially valuable...

Q: At the beginning of 2020 I had decided that I was going to buy a home this year. I’m currently taking financial fitness and homebuyer courses to get my credit in shape, etc. I work for the DoD and my job is considered mission essential, so I am able to work 100% remotely and I’m not in any danger of...

For many people, buying a home is a milestone that signifies stability and achievement. Unfortunately, a variety of factors have made homeownership a challenge. From having to save for a down payment to building your credit, the difficulties can seem endless. Fortunately, developing a strategic plan can help you join the homeownership club sooner than you imagined.  If buying a...

A home equity line of credit, or HELOC, is a popular way to finance everything from home remodeling or repair to debt consolidation, or even a vacation. If you’re a homeowner, you’ve probably heard of them, but should you apply for one? Here’s what you need to know. What is a HELOC? A HELOC is a revolving credit product that...