Buying your first home is a big decision; one that involves a lengthy process of saving money, building credit, and planning the next phase of your life. However, owning a home comes with one major payoff: home equity.Simply put, home equity is the amount of your home that you’ve paid off. However, it does get more complicated when we...

It's easy to get stuck without a mortgage approval or with a smaller home loan than you want, just because you don't understand how your credit score works. Most of the things you've done to prepare: budgeting your income, balancing your bank accounts and saving up for a down payment, aren't reflected in your FICO credit score. It...

House flipping is a lucrative real estate investment venture that requires a lot of skills, planning, and sometimes luck to pull off. Any wrong decision when flipping a house can lead to disaster. When done right, it could also bring in a lot of money. If you can make smart decisions to buy the home at a great...