The mark of a reasonable person is their continual understanding they may not know everything and could in fact be wrong at least a few times in their life.

Unless you are thinking about buying a home that requires an FHA loan, the increases in mortgage insurance are pretty ridiculous. you're looking at 1.75% of your loan balance in up front mortgage insurance fee, and as high as 1.3% in annual mortgage insurance (for the life of the loan).Hope this helps.

For example, if I got a house that had a 7 year old roof then in another 8 years the economic life of the roof may be nearing the end and replacing it means adjusting depreciation but having more capital injected as well.

Don't look at it as bad, wish them well and be glad that they're moving into a better position in their life.

You don't need $50,000 in your account, but you do need some money, $1,000 makes life much easier.

Since I grew up being around them more than half my life, I've seen a lot.Due to certain market conditions, cities, municipalities and counties operate differently from one another.

Sorry.Here's a real life example of how this went horribly wrong.

I'd much rather be conservative and avoid potential (and costly) pitfalls down the road.While the rule seems to be plain, I'd like to know how it's actually implemented in real life.

There are many pieces to a house that have a finite life and they all have to be considered.

The other part is that I turn 39 on Wednesday, and I am literally starting the second half of my life with nothing and a drastic career change, which will require not only massive amounts of time, but also massive financial commitments.My overall goal with this is to acquire enough property to be able to support myself whilst I attend naturopathic medical school and begin a practice.