We've all heard Dave say never get a 30-year mortgage, but do you know why? For starters, you're basically throwing your money away. Some people get a 30-year mortgage, thinking they'll pay it off in 15 years. Good intentions aside, this rarely happens.
As the number of foreclosures in your area grows, you may feel the urge to jump into real estate as part of your investment strategy. Dave tells you how to find a good deal and be financially and mentally prepared.
If buying a home is part of your vision this year, then let's take a few minutes to break that vision down into a few goals.