Real Estate

Why Now May Not Be The Time To Buy A House

Personal Finance

I’ve been looking at real estate for about a month now, wondering if the time is right to buy a home, or if I should continue to wait. Unfortunately I may never know the answer to that question, as it’s almost always impossible to time the market. I can, however, use statistics and reason to […]

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Why A Large Down Payment Isn’t Always Best, Take Two.

Loans and Credit

Yesterday I posted a blog entry about down payments when purchasing a home and why I found that paying extra down doesn’t necessarily save you much money over the life of the loan. Turns out that my findings were highly controversial. Before you do anything else make sure to read Does A Large Down Payment […]

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Does A Large Down Payment Save Money In The Long Run?

Loans and Credit

I love spreadsheets. I’ll be the first to admit that I’m a total spreadsheet nerd. My wife and I have been talking lately about buying a house sometime next year and that’s led me to do some number crunching in Excel, trying to figure out how much money we should put down on a house. […]

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Best of Debit versus Credit, December 2008

Personal Finance

December marked the end of a unique year. We saw everything from a major financial catastrophe to a historical presidential election. Here at Debit versus Credit we saw some interesting articles as well on everything from Investor Psychology to an argument in favor of making as small a down payment on a home as possible. […]

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Investing in Rentals


Today we’ll be featuring a guest post from Ed Kirkland, who is a Realtor in Florida. He’ll share with us some ideas and tips for investing in rental properties. Investing in rental properties has proven over the years to be a fantastic way to make money. Not only does owning rentals increase your equity and […]

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The Bailout of Fannie and Freddie


The United States of America has officially become a nation of bailouts.  With the government takeover of Fannie Mae and Freddie Mac on Sunday, September 7 they have also become the nation’s largest mortgage provider.  They now own (or back) around $5-6 trillion in mortgage loans, which is roughtly half of the existing mortgages in […]

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The Automatic Millionaire: Ch 6

Friday Book Club

Chapter 6 of The Automatic Millionaire is entitled Automatic Debt-Free Homeownership David Beck stresses three principle goals in The Automatic Millionaire.  As we’ve previously covered the first two goals are to decide to pay yourself first 10 percent of your pretax (or gross) income and the second is to make it automatic.  The third principle […]

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