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Len Penzo dot Com

The offbeat personal finance blog for responsible people.

5 Things Everybody Should Do Before Applying for a Mortgage

By Tex Freitag

Have you checked your credit score? Do you have all of the correct paperwork in order? Are you aware of the market in which you are planning to buy? Applying for a mortgage is never an easy job. You can't change your income or credit history ...

Continue reading 5 Things Everybody Should Do Before Applying for a Mortgage

April 19, 2022

What Girl Scout Cookies Can Teach Us About Mortgages

By Len Penzo

I love this time of year because the Girl Scouts in my area are out selling their cookies. Of course, that means they'll soon be knocking on my door -- and I'll once again spend 10 minutes agonizing between the Thin Mints, Do-Si-Dos and Caramel ...

Continue reading What Girl Scout Cookies Can Teach Us About Mortgages

April 18, 2022

Replace Your Roof Now and Recoup That Money When You Sell!

By Corazon Gritar

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Research shows that people move an average of 12 times in their lifetime. So, if you are selling your house, replacing your roof can be a great way to recoup some of the money you've invested in your home. Roof replacement costs vary greatly ...

Continue reading Replace Your Roof Now and Recoup That Money When You Sell!

April 14, 2022

House Hunting Tips: Finding The Perfect Starter Home

By Sabado Domingo

If you've just received approval from a lender for a mortgage loan and you're ready to buy your first home, there are several valid reasons why you should consider a starter home. Instead of battling to afford your dream home right away, choosing a ...

Continue reading House Hunting Tips: Finding The Perfect Starter Home

March 31, 2022

What’s the Fastest Way to Pay Down the Mortgage Early?

By Len Penzo

Vanilla or chocolate? Credit or debit? House Hunters or Property Brothers? Some questions can be answered with relative ease by almost everyone. On the other hand, when it comes to paying down mortgages early, a much more perplexing ...

Continue reading What’s the Fastest Way to Pay Down the Mortgage Early?

March 14, 2022

4 Steps to Take When You Have to Sell Your House Quickly

By Sabado Domingo

It can be overwhelming to wake up one day and realize -- OMG! -- I need to sell my house! Maybe you lost your job or hopefully, you got that big promotion, and you have to move halfway across the country. Whatever the catalyst may be, when you ...

Continue reading 4 Steps to Take When You Have to Sell Your House Quickly

March 8, 2022

How to Become a Homeowner In 3 Easy Steps

By Sabado Domingo

For many people, owning a home is part of the American Dream. Given the number of available homes on the market coupled with historically low interest rates, it's no wonder that more and more people are taking steps to purchase their own home. With a ...

Continue reading How to Become a Homeowner In 3 Easy Steps

February 16, 2022

Con-Do or Con-Don’t: What to Consider Before Buying a Condo Investment Property

By Corazon Gritar

There's no denying the fact that real estate investments, when executed properly, can lead to a number of financial rewards. But while most investors think of single and multi-family homes as being the wisest investments, many people underestimate ...

Continue reading Con-Do or Con-Don’t: What to Consider Before Buying a Condo Investment Property

February 15, 2022

Buying a House vs. Being a Life-Long Renter

By Sabado Domingo

According to a 2016 census, as much as 67% of the population are homeowners. That's not surprising as most Australians dream of owning their own home. However, for some, it is not possible and others need to choose between buying a house and being a ...

Continue reading Buying a House vs. Being a Life-Long Renter

February 14, 2022

Reverse Mortgages as Payment for Elderly Care

By Tex Freitag

Typically, elderly care can be expensive. If you have an elderly family member, it's one of the concerns you have to think about as they age and experience physical and cognitive decline. No matter how independent they are when they're young, it'll ...

Continue reading Reverse Mortgages as Payment for Elderly Care

January 14, 2022

The 5 Biggest Mortgage Mistakes a Home Buyer Can Make

By Jay Robert

A mortgage is often the single biggest loan someone obtains in his or her lifetime, typically costing tens of thousands of dollars in interest alone. Therefore it's especially important to avoid some of the key mistakes that many home buyers make ...

Continue reading The 5 Biggest Mortgage Mistakes a Home Buyer Can Make

December 29, 2021

What to Consider Before Closing a Deal on a Vacation Home

By Corazon Gritar

As you work to become more financially secure, leisure time might feel more precious than ever. This is why many professionals choose to purchase their own slice of paradise: a vacation home. Whether this is a new idea for you or you've been ...

Continue reading What to Consider Before Closing a Deal on a Vacation Home

December 28, 2021

What’s an Emphyteutic Lease? (And Why You May Want to Avoid One)

By Len Penzo

The other day the Honeybee and I were watching the two-millionth episode of House Hunters when the featured owners of a condo who were trying to sell their place got some chilling news from their real estate agent: First, their outdated kitchen's ...

Continue reading What’s an Emphyteutic Lease? (And Why You May Want to Avoid One)

December 20, 2021

How to Find Temporary Housing Between Moves

By Sabado Domingo

Picture this: Your new lease ends on the same day your old one ends or, your new home is ready for occupation the same day the people who bought your home move in. Unfortunately, things often just don't work out that way. Instead, many people find ...

Continue reading How to Find Temporary Housing Between Moves

November 3, 2021

5 Personal Finance Tenets That Aren’t as Smart as They Used to Be

By Len Penzo

When I was a kid I used to love the fun houses found at summer carnivals and local fairs. I loved the sense of twisted reality provided by image-distorting mirrors and the wacky side-rooms where water appeared to flow uphill and it was nearly ...

Continue reading 5 Personal Finance Tenets That Aren’t as Smart as They Used to Be

November 1, 2021

The Lowest Mortgage Rates Are Gone, But There Are Still Benefits in Buying

By Sabado Domingo

When you look at the real estate market today, the frenzy has ended and buyers are now on the hunt for the lowest mortgage interest rates they can find from lenders. Lower interest rates from mortgage companies mean that buyers can afford more ...

Continue reading The Lowest Mortgage Rates Are Gone, But There Are Still Benefits in Buying

October 28, 2021

How to Ensure That Your First House Flip Will Be a Success

By Sabado Domingo

Property can be a great investment long-term. In fact, many people buy one or more investment homes over the years and hold onto them to build capital growth and income. However, these days people are having a lot of success flipping houses too. This ...

Continue reading How to Ensure That Your First House Flip Will Be a Success

October 25, 2021

4 Ways to Squeeze Extra Cash Out of a House Sale

By Sabado Domingo

Selling your house can be a pretty stressful thing to go through; theres so much to think about and so much to do. Sometimes, it's easy to forget that it's a transaction, and you want to make as much money from the sale as possible. When were talking ...

Continue reading 4 Ways to Squeeze Extra Cash Out of a House Sale

September 29, 2021

Tips When Choosing Vacation Rental Management Software

By Enero Febrero

If you want to stand out from the cut-throat Airbnb competition, then choosing quality rental management software is recommended. Having a successful rental business entails having an online presence, where clients can book or inquire about your ...

Continue reading Tips When Choosing Vacation Rental Management Software

September 24, 2021

Great Ways to Find the Best Interest Rate for Your Home Loan

By Sabado Domingo

Mortgages can eat you alive. That's because even after identifying the home loan particulars you're looking for, you still have to find the best deal. For example, you may know that you are looking to finance $500,000 for 30 years. But how do you ...

Continue reading Great Ways to Find the Best Interest Rate for Your Home Loan

September 22, 2021

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