Jan Carr - Realtor

A mortgage can be manageable in retirement when reliable income covers the payment, but limited cash flow or other debt can make it a serious burden.

Should You Carry a Mortgage Into Retirement? Entering retirement with a mortgage can make sense in some situations, particularly when the interest rate is low and paying off the balance would leave too little cash available for emergencies. For others, removing the monthly payment may provide greater stability and peace of mind. The decision d...

Lower maintenance sounds great, but shared walls, parking, and HOA rules can make a bigger difference than people expect.

What to Know Before Buying a Townhouse Townhouse living can offer a nice balance between affordability, space, and convenience. You may get multiple floors, extra storage, and less exterior maintenance than a detached home, which makes this property type appealing to many buyers. The tradeoffs usually come down to privacy, shared spaces,...

If you’re waiting to save 20% down, you may have more buying options than you realize, especially with the right loan program.

The 20% Down Payment Myth Explained A 20% down payment can be helpful, but it isn’t a rule for every homebuyer. Many loan programs allow qualified buyers to purchase with less upfront, though the tradeoffs can include mortgage insurance, different monthly payments, or stricter approval requirements. If you’re planning to buy, this...