Affording a House

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 normal down payment, it's time to think about ways to round up a sizable chunk of cash.

Buying a House in Your Twenties: When Should You Buy a House?

When to buy a house: financial, practical, lifestyle, and other considerations.

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 to pay in interest to a family member who lends money for a home purchase? Or too little?

Using an IRA to Make a House Down Payment

Look to your IRA for down payment money if you're a first-time home buyer.

Moving Up: Selling Your Home and Buying Another

How to juggle two mortgages during the transition from one home to the next.

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.

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

Borrowing money from the person selling you a house might 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 to pay in interest to a family member who lends money for a home purchase? 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 much time do we have to sell our house before we lose it to foreclosure?

Learn how much time you have to sell your home before it's foreclosed on and sold in a foreclosure sale.