How to Get More Money to Spend at Your Favorite Intown Locations

save money on home expensesFor residents of Intown Atlanta, there’s no better place to live – or to spend your money, for that matter. With the restaurants, the shopping and the events, you’re never lacking for a place to pull out the debit card.

The problem is, most Americans (and presumably those who live Intown) have less money to spend these days. According to the Equifax Personal Finance Blog, 55 percent of Americans have experienced a reduction in income. Earning more money may not be an option because of high unemployment rates. So if you want more money to spend on your favorite Intown activities, you’ll probably have to look at cutting back somewhere else.

The Equifax article, “How to Save Money at Home,” offers some good places to start. One idea is to contest your real estate taxes. With property prices (more…)

Is It Time to Buy Real Estate?

How do you feel about the housing market? Are you still sitting on the fence?  Real estate agents, builders, politicians, your hair dresser – all tell you that NOW is a good time to buy – first because home prices were falling and interest rates were dropping. Then “now” was the best time to buy because there was a tax “credit” that you could pay back on your income taxes over the next several years. After that, “now” was the best time to buy because you could take advantage of foreclosures and short sales. Then, there was a true tax credit for both first-time buyers and long-term homeowners, but that has expired. And that gets us to now…

And NOW… mortgage rates are at a 50-year low. And some experts predict that home prices could go even lower – or at least not go higher in the short term. On the Equifax Personal Finance blog, Real Estate Expert Ilyce Glink argues that NOW really is a good time to buy because of those two factors. Your new home will cost less because prices are so low and because you won’t pay as much to finance it.

But if you really are planning to get off the fence NOW, you need to plan to stay in your home for awhile. Check out Ilyce’s post at Equifax to find out why before you buy your new home.