It’s much easier to make quick and flexible travel companions, when you’re alone and already at the destination, than when you’re coordinating your travel from home.” 11. A single woman movie. Hostels are social places, where you’ll find travelers eager to meet and share stories and advice. I use questions to meet people and often, I find travelers open to hopping onto my itinerary and sometimes, vice versa. There are many more female solo travelers on the road these days and I meet a lot of them at hostels.
Bankrate can help you find the. Experts say female homebuyers share characteristics and concerns that set them apart from male buyers. Following are four tips single, female buyers should keep in mind when purchasing a home. Buy with confidence A variety of factors — such as a greater likelihood of working at jobs that offer paltry retirement and other benefits — keep single women from achieving their financial goals, says Mariko Chang, a consultant who recently completed a report on the wealth gap for women for the Insight Center for Community Economic Development in Oakland, Calif. Although the nation has witnessed a housing bust, homes should still climb in value over the long haul, leaving longtime owners with a valuable asset, Chang says. Chicago-based Leisa Aiken says it is a mistake to expect a quick run-up in property values, especially since there’s still an abundant supply. Is It Better To Buy A New Or Used CarStill, Aiken agrees with Chang that owning a home can help women enter a more secure retirement if they pay down their loan balance over time. “You shouldn’t think of a home as an investment that will make you rich,” Aiken says. “But if you buy a home that you can afford to pay off, maintain and live in over a long period of time, you’ll have a low-cost place to live in.” Don’t stretch your budget too far may approve borrowers with good credit and other favorable factors for a home mortgage that — combined with their other regularly occurring debts — takes up one-third or more of the borrower’s gross pay. However, experts caution it could be a mistake to borrow as big a home loan as a lender will approve. A woman who earns $50,500, makes a 10 percent down payment on a $149,000 house and carries a for the rest at 5.375 percent would have a monthly home loan payment around $750. On the surface, that’s well below one-third of gross income, says Jeri Lynn Fox, president of the Illinois Association of Mortgage Professionals in Lombard, Ill. But that payment amount covers only the principal and interest. Traveling through south america. The buyer would also have other home-related expenses, including property, homeowners and private mortgage insurance. Is It Better To Buy A Phone Without A ContractShould You Rent or Buy a Home in Retirement? To answer that question, you’ll want to look at all the angles. Is It Better To Buy A Condo Or A HouseAdd in other debts — such as a and payments — and the homeowner could find herself pushing against the upper limit on a prudent monthly debt load. Annette Simon, a Bethesda, Md.-based Certified Financial Planner, says it’s a mistake for single women to overextend when making a purchase. “Diversification is the cardinal rule,” she says. “You should not have a mortgage that’s so big you still don’t put at least 10 percent of your income in a retirement plan.” Shop aggressively for financing A Consumer Federation of America study in 2006 found that women received an outsized share of subprime mortgages, says Barry Zigas, director of housing policy for the Washington, D.C.-based CFA. Zigas worries that mortgage lenders may not provide women with all loan information and options because of stereotypes about women’s alleged lack of financial sophistication. “Have the loan officer lay out all the options,” he says. Never underestimate a single woman quotes.
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