Buying a home for the first time can be exciting, but a little overwhelming at the same time. There isn't an exact science to a smooth process but there are some mistakes you can try to avoid. Your Future Home hosts Baker Machado and Jill Wagner talk about four of the most common mistakes.
One is being too emotionally invested. Buying a home is an emotional rollercoaster, so it's important to ride the highs and lows without becoming too attached to any one house.
Another mistake is not getting pre-approved. It's important to know what you can afford before you start looking for a home. A pre-approval is an analysis of your financial circumstances based on your income, credit score and debt. It lets you know how much you can spend on a home. It also shows your realtor and potential sellers that you're serious.
Legendary musician Louis Armstrong's many contributions to music and culture are on display at a museum built at his longtime Queens, New York residence. Regina Bain, executive director of the Louis Armstrong House Museum, joined Michelle Castillo and spoke with Cheddar News about the iconic trumpeter, the museum's background and history and displayed some historic artifacts from the musician's past.
With several high-profile divorces of longtime powerful couples in the headlines recently, Cheddar News highlighted the importance of protecting your assets after splitting up. Correspondent Janice Lieberman explained how figuring out finances before signing those papers is a must.
