Homeownership is a huge accomplishment that many people get the opportunity to experience. It is most likely the largest purchase you will make in your life, and takes thought and preparation. On the surface, it can seem like you pick a house that you really like and then a short time later, it’s time to close and move in. However, there is an entire process that must occur within that timeframe.

The latest installment of Wallet Watch is an interview with MSUFCU’s Vice President of Residential Lending Denya Macaluso on the process of purchasing a home. Have you ever wondered what title insurance is and why it is important? What factors should be considered when thinking about the optimal purchase price of a home? The hosts and Denya discuss all of these considerations and more on “The Ins and Outs of Buying a Home.”

Do you want transcripts for any of our episodes? Email us a request at [email protected] Transcripts offer an excellent way to have a copy of the tips and topics we cover in each episode.

Also, we have a contest! All you have to do is comment under one of our podcast-related posts. Be sure to tag a friend and include the title of this episode, “The Ins and Outs of Buying a Home”.

Spotify: App and Web Player

Apple Podcast: App and iTunes

Podbean: App and Website

Chances of winning are based on the number of entries during the contest time period. Only one entry per participant, per episode will be accepted. MSU Federal Credit Union and OU Credit Union employees, board of directors, and their families are not eligible to win.

You may also enter by sending a 3-inch by 5-inch card with your first and last name, address, phone number, and email address to: MSU Federal Credit Union ATTN: Financial Education Department: Wallet Watch Contest Episode “The Ins and Outs of Buying a Home” 3777 West Road, East Lansing, MI 48823.

This contest runs from August 5, 2020, through December 23, 2020. The winner will be drawn on December 28, 2020, by the Financial Education department of MSU Federal Credit Union, whose decisions are final. The winner of the gift card must agree to sign a release form allowing MSU Federal Credit Union to use their name for promotional purposes for Financial 4.0 and any future MSUFCU promotional materials.

MSUFCU is not responsible for any damage caused to entrants' mobile device due to participation in the contest. MSUFCU reserves the right to cancel the online component of the contest should it become technically corrupted, and the winner will be chosen from all eligible entries received prior to that time.

Winner understands that prizes may not be substituted or assigned.

Entrants agree by entering that unless prohibited by law, MSU Federal Credit Union may use, if entrant is a winner, entrant's name, city and state of residence, photograph, and likeness for advertising trade and any other purposes in any media now or hereafter known without further compensation, permission, or notification. Entrants further agree that the aforementioned parties and all of their respective officers, directors, shareholders, employees, representatives, and agents will have no liability and will be held harmless by entrant for any claim, action, liability, loss, injury, or damage to entrant or any other person or entity, including, without limitation, personal injury or death to entrant or any other person or damage to personal or real property, due in whole or in part. MSUFCU maintains the right to change or modify these rules at any time without notice.