Tagged With "Home"

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Re: How I Paid Off My Student Loans By Selling on eBay

Moore Income ·
eBay is a great place to sell things and earn extra money. I have been selling things on eBay since I was 14.
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Re: How I Paid Off My Student Loans By Selling on eBay

Briana ·
What types of things do you sell and how do you come up with how much to sell them for @Moore Income ?
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Re: How I Paid Off My Student Loans By Selling on eBay

Carlos Ortega ·
for a new comer like me...how should i approach the shipping aspect of e-bay...more specifically, do you own a scale to determine postage? trying to map my mind around the whole process. thanks everyone!
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Re: How I Paid Off My Student Loans By Selling on eBay

Moore Income ·
@Carlos Ortega I personally do a lot more estimating. I do however have a scale which I use sometimes. I generally charge FREE shipping so I just try to estimate a number into the price. One thing you can also do is if you are selling a similar item that other people have listed, if you go to their item and click on the "sell one like this" link, it will copy the weight and dimensions that person has set. This is not always accurate but you can get a ballpark number. For the most accuracy I...
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Down Payment on a House

Moore Income ·
Just curious to know from those who have experience in homebuying. What is a good percentage to have for a down payment on a house? I know there are options out there to pay lower down payments for first time home buyers but just curious as to what is a good amount to have in most situations?
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Re: Down Payment on a House

Theodora ·
20% is ideal because you avoid having to pay a low down payment penalty. That being said, a 10% or 15% downpayment can get you into the game and you can eliminate the penalty as you build equity in the home -- when you get to the 20% mark.
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Re: Down Payment on a House

mintjulep ·
I've had a lot of experience in buying homes and your question, Moore Income, depends on so many other circumstances. It's ideal to put as much down as possible sometimes , ie if this might be your last home, or you get a better long term interest rate, or if that is the only way to qualify for a mortgage. However, if you tend to move a lot, or you are a young couple with limited cash reserves, or you do some juggling often with available investment funds, I always believe the least amount...
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Re: Down Payment on a House

Duckie425 ·
I live in Pennsylvania. Every Winter I say to myself, "Why am I still here?" I hate being cold for sure. I've been looking at Arizona as a possible place to move in the future.
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Re: Down Payment on a House

Former Member ·
If you are a first time homebuyer, you can get away with as little as 3% down payment if you have a good credit score. Your payments will be higher, but if you can afford it that might be something to consider! Higher down payment is always more desirable, though.
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Re: Down Payment on a House

Moore Income ·
@Former Member What kind of a loan would you get those kind of down payments with if it is your first home?
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Re: Down Payment on a House

Moore Income ·
@mintjulep thanks for the helpful reply!
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Re: Down Payment on a House

Former Member ·
FHA loan I believe
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Re: How I Became Debt Free As A Stay At Home Mom

Melissa ·
That's so cool! Where do you usually find the pre-owner designer clothing?
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Re: How I Became Debt Free As A Stay At Home Mom

Six on a Budget ·
Thanks! estatesales.net can be really helpful for this. You can buy in as large or small a quantity that way. Additionally, writing to consignment stores in your area and asking if they would be interested in selling any items in bulk that haven't sold and the original donors/customers have surrendered, can be a wonderful way! Obviously, garage sales too.
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Re: How I Became Debt Free As A Stay At Home Mom

Deon Christie ·
That's great @Six on a Budget , and congratulations on your success. Thanks for pointing out the " ten years later ", because people must accept the fact that it takes time to build a Castle. What I have done to make money from home? Blogging with affiliate marketing is what fascinates me most. Along with publishing articles and eBooks. But must admit that SEO nearly got the better of me. Luckily there's nothing that research and persistence cannot remedy.
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Re: How I Became Debt Free As A Stay At Home Mom

ERoberts ·
I have incorporated a "side hustle" mindset into my every day routine. If I am cleaning out my closet and ready to donate some clothes, I'll first take them to a consignment shop where I can get cash on the spot for them. If I a moving, I'll list my items on Facebook Marketplace before donating them or passing them along to a friend.
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Re: How I Became Debt Free As A Stay At Home Mom

badi ·
thats amazing can you tech me how to start a job that a i can make money so please tell me
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How I Became Debt Free As A Stay At Home Mom

Six on a Budget ·
I sold pre-owned women's designer clothing on eBay. I still do, ten years later. I love it. What have you done to make money from home?
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How I Paid Off My Student Loans By Selling on eBay

Six on a Budget ·
As a stay at home mom of four kids, I've been selling on eBay for about ten years. I paid off my student loans in 18 months! It has been a flexible, lucrative option. Here are details of how you too can get started: https://sixonabudget.com/i-pai...-a-stay-at-home-mom/
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Re: Buying your first home? Here's what you should know.

Bonnie Squires ·
Thanks this was good info. I've finally found some one I can trust and buying my home from its small but i like it and allot cheaper than my other place. I wont be in my 80's and still paying off a home but i'll be in my 60's. I'm going to put some extra money down on the home when i get my taxes back.
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Re: Buying your first home? Here's what you should know.

Lisa Hartley ·
Thank you for that information. It gives me more things to think about when I get my new house soon. I've already been approved through a lender for a loan, so now I have to make sure I have enough money saved up and find a house, hopefully soon. I also have a realtor I'm working with. Any tips before I buy let me know.
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Re: Buying your first home? Here's what you should know.

BeckAtsila ·
The government has a program called ABLE Accounts for people on Social Security Disability. Basically, if you meet certain criteria, you can put your money in an ABLE account and it won't be counted against your resource limit. The downside is if you die with any money in the account, the State gets the money. It also has limits on what you can spend it on. But it's better than nothing and may actually help some of us get off the dole.
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Re: Buying your first home? Here's what you should know.

Mo Brownies ·
I think its worth nothing about this new Startup company that will match a percentage of your savings DESIGNATED for home purchaes only. Check them out. But take note, you might have to work with their lender. https://digs.co/features/
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Re: Buying your first home? Here's what you should know.

FreebiePharm ·
What a great article! Even informative when it's not your first home purchase!
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Buying your first home? Here's what you should know.

Briana ·
Looking to invest in your first home and you just don't know where to start? The Penny Hoarder lays out exactly what you need to expect when buying your first home. Is this helpful? Feel free to share your first home buying experience with others in this thread! Learn more about buying your first home here: https://bit.ly/2H0mkIO
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Re: First time home buyer

Moore Income ·
Definitely something I would like to know more about as well. I have just started putting my info out to try and get more information on getting a loan for a house. What are some fees that one might not know about or may be a little hidden when it comes to getting a loan on a house?
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Re: First time home buyer

Alexis Grant ·
A few pieces I learned from my own experience buying homes -- once in Virginia, another a few years later in Florida... You see realtor fees when you SELL a house, but not when you buy. When you sell, you have to pay a percentage to your own realtor and to the realtor of the buyer. I bring this up even though you're looking to BUY because my first time around, I didn't realize what a big hit this would be when we sold a few years later. Because this piece didn't affect us when we purchased...
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Re: First time home buyer

FreebiePharm ·
Also plan for property taxes. Research the area to get an idea of what they may be and file for homestead exemption to lower them.
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Re: Saving money for a house

Moore Income ·
That is awesome @Kendra Sanders , saving for a house is something I plan to start doing in the near future. What are some things you are implementing to save money? Are you currently earning money from a job, side hustle or business?
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Re: Saving money for a house

FreebiePharm ·
We are currently saving up for our next house. I am watching every penny and even took on a side job of watching/transporting kids to school a few days a week. It is not much but it goes towards our food expense, which aside from housing costs, is our largest expense.
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Saving money for a house

Kendra Sanders ·
Hi my name is kendra, I'm trying to save money and earn money to be able to by a house and get provide for my kids.
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Re: purchasing new home

Moore Income ·
If your credit is bad, your biggest priority should be to get that up when it comes to buying a home. Most banks will be very cautious of who they lend to and bad credit is not a good sign to them. If you have good credit, when going to purchase a home, there may be pressure to purchase a home that is more than what you actually need. It is a good financial fitness practice to always live below your means. Banks are in the business of making money, so if they think they can get more money...
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purchasing new home

Rachelc65 ·
I am would like to buy a home in the near future it has just set in on me the importance and value of good credit and credit scores and good spending habits with very hard earned money any good suggestions are welcomed
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Would You Buy a "Tiny Home"?

Kirsten Cherry ·
My husband and I have been obsessed with tiny home living since we heard of it years ago. We always wanted to try it out, but then we had a kid and the thought of living in 200sq feet with a toddler sounds horrendous! But there are still "tiny" homes out there that are just big tiny homes! I'm talking under 1000sq ft for a family. It's not something people in the home-buying process usually look for, but it definitely intrigues us! Would you move to a 960 sq foot house?
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Re: Would You Buy a "Tiny Home"?

David P Miller ·
I had a 978sf house ... which included 2-Br/2-Ba, eat-in kitchen, living room, dining room, W/D, attached garage, attic, and a front and back porch. It was a lot more house than I really needed, but I bought it anyway because the price was right and the location was great. Right now, I live in a 480sq.ft. Studio Apartment, and its a little crowded, but still liveable, even luxurious at times. I could adjust to a 200sf Tiny House with little problem, but what I'd really like to have is a Tiny...
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Re: Would You Buy a "Tiny Home"?

Bonnie Squires ·
@Kirsten Cherry Hi we moved from a 2000 + up and down home with a double lot. To 1007 foot home and land. The house is 707 square foot and the land 300. It is a 1920 home and i'm really enjoying it. Its small and does take time to get use to but i like it. We have our son who 27,daughter 24 son 16th husband myself plus 3 dogs that live with us. It has an upstairs with 3 bedrooms and a bathroom. Has a living room kitchen bedroom down stairs laundry and bathroom down stairs. I'm just trying to...
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Re: Would You Buy a "Tiny Home"?

Bonnie Squires ·
@David P Miller they have them on trailers to that you hook up to your auto.
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Re: Would You Buy a "Tiny Home"?

Moore Income ·
My wife and I live in a 3 bed 1 bath apartment and it is way too much space for us. We find we only actually use our room and the other living areas in our house. I think I would be fine with a house with 1 bedroom 1 bathroom a small kitchen and living room area. I have found that the more space you have, the more stuff you end up having. I am already ready to downsize!
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Re: Would You Buy a "Tiny Home"?

Jules ·
My boyfriend and I lived in a van for a few months while traveling around Colorado. Now we live in a 720 1 bedroom apartment and we're considering downsizing to a studio because we just don't use that much space - even considering our two big dogs. Living in a small space made us be more mindful of our possessions and of keeping our space clean and organized - because we had to. It also made it easier to refuse unnecessary purchases because we simply didn't have the space for it, and we...
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Re: Would You Buy a "Tiny Home"?

Kirsten Cherry ·
My favorite place we ever lived in was a 500 sq ft 1 bed 1 bath apartment while my husband was finishing grad school. I loved that it kept us from buying unnecessary things as well. I think that was the best part of a tiny space. Honestly, the tiny home we are thinking of is the same size as our current rental, and the mortgage would be the same as rent! So fingers crossed it all works out! Thanks for sharing your experience! When you downsize, you should share a post on how you make a...
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Re: Would You Buy a "Tiny Home"?

Kirsten Cherry ·
That sounds like a great size for a 3 person family! If it's just you, the 480sq ft sounds even better! I love that people these days are adjusting more to living in spaces smaller than 20 years ago. It seems that everyone thought bigger was better and that's not necessarily the case! Thanks for sharing, David!
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Re: Would You Buy a "Tiny Home"?

Kirsten Cherry ·
With our family of 3, our third bedroom just seems unnecessary. We have used it maybe once a month to house visitors, other than that, it often becomes crowded with the extra bedding we keep for visitors. We lived in a 1 bed 1 bath before kids and it was our favorite place every! It was 500 sq feet and every room had a window so the space was light and airy. We loved it.
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Re: Would You Buy a "Tiny Home"?

Kirsten Cherry ·
I couldn't imagine living in 700sq ft with 5 adults and 3 dogs!! Eek! I'm so glad you are able to make it work and are loving it!
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Re: Would You Buy a "Tiny Home"?

Bonnie Squires ·
@Kirsten Cherry its not that hard. Our dogs are small does so they don't take up allot of room. The 2 things I miss is having a big bathroom and kitchen counter space and cup boards to put things away. We have lived in a 3 bedroom mobile home before and with 10 people most was kids or teens at the time. All so had 2 dogs So i guess living small doesn't get to me.
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Re: First time home buyer

Melissa ·
Thank you, both! @Alexis Grant , when you purchased your houses and had home inspections, how did that work? Did the bank set something up and the inspector provided you with a report? Or did you hire an inspector yourself and do a walk through with them?
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Re: First time home buyer

FreebiePharm ·
Melissa, We are currently in the process of purchasing our second home and have hired an inspector ourself. We had the option of hiring separate ones that do the general inspection and then looking for ones that check the sewage system. I cost analyzed each and we saved a little bit of money by going with the inspector that does it all. We chose to have a general inspection, sewage, radon, water, of which the total cost is $1,240. Another cost to purchasing a home! We will do the walk...
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Re: First time home buyer

Alexis Grant ·
@Melissa Honestly, it's been a while so the details are fuzzy. But I believe the realtor knew someone who could do the inspection (not the bank) and set that up for us. We weren't on-site for walk-through, but if it's an older house that might be a good idea. I remember being impressed my first time going through this how comprehensive / long the report was!
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Re: First time home buyer

AnnieB ·
I just bought a house in the past year. My realtor gave me a list of inspection companies in my area, along with what each one inspected. He said that he was not legally allowed to recommend one. I went with the company who had the longest list of criteria inspected for (radon, mold, water damage, plumbing, electrical, structural, slope of yard, boundary line). I didn't want anything missed. IIRC, the inspection cost about $1300 here in Ohio, but it was the best money ever spent. There WERE...
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Re: First time home buyer

Melissa ·
@AnnieB Wow, I love this! Thank you for the information, this is so helpful! Just out of curiosity, when you negotiated the repairs, did the sellers actually fix any of the issues themselves or did they calculate the cost to fix and enter that amount as a seller concession?
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Re: First time home buyer

AnnieB ·
@Melissa - we had seller credits AND seller repairs. The seller had a faulty Federal Pacific electrical box (they are known to catch fire) that we demanded that they replace. (It was the main electric box. It involved the seller calling the electric company and having them pull the meter so the electrician could change the panel. I knew this since my father was an electrical contractor.) There was mold in the attic that we had them hire a remediation company for and show written proof it was...
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