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Rebecca Lake

Home Buying, Retirement and Investing Expert

Rebecca Lake is a retirement, investing and estate planning expert who has been writing about personal finance for a decade. Her expertise in the finance niche also extends to home buying, credit cards, banking and small business. She's worked directly with several major financial and insurance brands, including Citibank, Discover and AIG and her writing has appeared online at U.S. News and World Report, CreditCards.com and Investopedia. Rebecca is a graduate of the University of South Carolina and she also attended Charleston Southern University as a graduate student. Originally from central Virginia, she now lives on the North Carolina coast along with her two children.

Posts by Rebecca Lake:

by Rebecca Lake Jul 05, 2018

The housing market has made some significant strides over the last several years and home sales have been on a steady climb in most locations. That’s encouraging if you’re planning to sell but it doesn’t guarantee that buyers will come flooding in once your home hits the market. If you’ve already listed your property and the months have been dragging by without the slightest nibble from buyers, it may be due to one of these five things. Read more

by Rebecca Lake Jul 06, 2016

Lenders consider many factors when trying to decide whether to approve a homebuyer for a mortgage, including their debt-to-income ratio (the amount of debt payments someone’s making relative to their monthly gross income). If you’re saddled with credit card debt and student loans, paying them down can make qualifying for a home loan easier. But which one should you wipe out first? Read more

by Rebecca Lake Jul 05, 2016

If you want to buy a home, there are a number of things you’ll have to do before you can head over to the closing table. For example, one important item that you’ll need to include on your to-do list is getting a home inspection. But you shouldn’t rush to hire just anyone for the job. Before you hand over any cash to an inspector, here are six questions you’ll need to ask. Read more

by Rebecca Lake Jul 23, 2019

Flipping houses isn’t always as glamorous as it looks on TV. But it can be a great way to bring in a steady stream of investment income. To get started, you’ll need some cash to finance your… Read more

by Rebecca Lake Jul 01, 2016

Confidence is an important trait to have as an investor, but there is such a thing as being over confident. A recent study provided some insight into the gap between investor expectations and the… Read more

by Rebecca Lake Aug 06, 2018

Most people assume that once you hit retirement, it’s time to pack up and move someplace sunny. But surprisingly, many American seniors aren’t interested in straying too far from home. A survey from… Read more

by Rebecca Lake Jun 29, 2016

Technology is constantly adding new dimensions to the way we do things and smart homes are poised to be the next big thing in real estate. Smart homes allow you to control lighting, electronics, door… Read more

by Rebecca Lake Jul 23, 2019

Entrepreneurship has its perks and one of them is the ability to make wealth creation a reality if you’re running a successful business. Generating a high net worth as an entrepreneur requires some… Read more

by Rebecca Lake Jul 24, 2018

Full retirement age is now 66 or 67, depending on the year you were born. But a recent survey revealed that one in four workers don’t plan to retire until after their 70th birthday. While some people… Read more

by Rebecca Lake Jun 27, 2016

Thanks to tighter lending restrictions, buying a home can be tough. But it becomes even more of a challenge when you’re trying to sell a home at the same time. When the clock is ticking, you may feel… Read more

by Rebecca Lake Jul 24, 2018

Cutting the apron strings is an important rite of passage for many parents but one thing that many of them fail to do is cut the purse strings while they’re at it. According to a recent survey, 6 in… Read more

by Rebecca Lake Jun 28, 2019

Getting married means more than merging your lives – it’s also about joining your finances together. Handling money as a married couple can be challenging at any age but it can be especially tricky… Read more

by Rebecca Lake Jun 21, 2016

Your mortgage is likely to be the biggest monthly expense associated with buying a home but there are plenty of smaller costs that can add up. Private mortgage insurance (PMI) may be one of them if… Read more

by Rebecca Lake Aug 15, 2019

Small-cap stocks are securities that are tied to companies whose market values often fall between $300 million and $2 billion. Adding some of them to your investment portfolio could be a good idea,… Read more

by Rebecca Lake Sep 12, 2018

Investing in real estate can add diversity to your portfolio while creating a sustainable source of passive income. If you’re a high net worth investor, you may be able to expand your horizons beyond… Read more

by Rebecca Lake Sep 24, 2018

Planning for retirement involves more than just mapping out your savings strategy. You’ll need to know how much you can afford to spend once you leave the workforce. In the past, some financial… Read more

by Rebecca Lake Jun 16, 2016

When you’re buying a home for the first time, you may encounter certain terms and phrases that you’ve never heard before. Once you’ve made an offer and entered into a contract with a seller, “due… Read more

by Rebecca Lake Aug 06, 2019

Individuals with a high net worth tend to take a different approach to managing their money. Research shows that the rich and the ultra-rich set themselves apart from the Average Joe, particularly… Read more

by Rebecca Lake Jun 27, 2017

Using a travel rewards card to pay for your next trip could be a smart move. This is especially true if you want to rack up miles, points or cash back on what you’re spending. The key to getting the… Read more

by Rebecca Lake Jun 13, 2016

A home is a valuable asset and it’s important to make sure you’re protecting your investment. Homeowners insurance is designed to cover losses resulting from fires, windstorms, hail and other natural… Read more

by Rebecca Lake Jun 27, 2017

While you prepare for a vacation, it’s a good idea to know how you’re paying for your trip. Using a rewards credit card could be a great way to earn back some of what you spend. Choosing a card that… Read more

by Rebecca Lake Aug 20, 2018

Mortgage rules have undergone numerous changes since the housing collapse to ensure that only qualified buyers have access to loans. Meeting certain lenders’ requirements can be particularly… Read more

by Rebecca Lake Apr 16, 2018

A well-planned summer vacation starts with working out the financial details so you don’t go over budget. One of the things that vacationers often forget to factor into their calculations are the… Read more

by Rebecca Lake Sep 04, 2019

Escrow accounts help homeowners set money aside each month to cover insurance premiums and property taxes. When the bills for these come in each year, the mortgage lender uses money in the escrow… Read more

by Rebecca Lake Jun 07, 2016

If you live in a rural area, getting a mortgage through the U.S. Department of Agriculture could be a good way to save money on your home purchase. Qualifying buyers can get a USDA loan without… Read more