How Much Does Owning a Home Really Cost?

From mortgage payments to hiring a gardener, get a handle on your likely ongoing homeownership costs.

Your Down Payment: Where Will It Come From?

With 20% the norm once again, it's time to think about ways to round up a sizable chunk of cash.

Buying a House in Your Twenties: Can You Afford It?

Figuring out your financial and other priorities when buying a house before the age of 30.

Buying an Affordable House: Top Tips

Strategies for taking your first jump into the housing market.

Borrowing From Family and Friends to Buy a House

Find out how the Bank of Mom and Dad offers benefits to both borrower and lender.

How Much Interest to Charge on Home Loan to Family Member

How much is too much? Or too little?

Using an IRA to Make a House Down Payment

Look to your IRA for down payment money

Moving Up: Selling Your Home and Buying Another

How to juggle two mortgages.

How Much Should You Pay for a Fixer-Upper Home?

A fixer-upper might be more affordable than other houses, but make sure you don't overpay.

How Do I Get the Best Deal on a Home Mortgage Loan?

Tips for wading through the options and getting the best home loan for your needs.

How Does a Financial Adviser Evaluate How Much House You Can Afford?

Determining the right amount to spend on a home can be daunting—and costly if you get it wrong. Here’s how the pros do it.

What Are the Risks of Buying a Home With Seller Financing?

Borrowing money from the person selling you a house may be tempting if you're having trouble qualifying for a traditional mortgage, but be sure to determine whether the risks outweigh the benefits, and protect yourself against common issues such as unfavorable loan terms.

Borrowing From Family and Friends to Buy a House

Find out how the Bank of Mom and Dad offers benefits to both borrower and lender.

How Much Interest to Charge on Home Loan to Family Member

How much is too much? Or too little?

FAQs About Borrowing Money From Family or Friends to Buy a House

For many first-time home buyers, a loan from a friend or family member can make all the difference. But how to sort out the financial and other complexities of an intrafamily mortgage arrangement?

How long do we have to sell our house before foreclosure?

Understanding the lender's timeline after a notice of default.

What expenses do I have to pay up front?

Be sure to take closing costs, moving fees, and other expenses into account.