Can I Make Money on my Home?

As a homeowner, you may often wonder if spending money on repairs or improvements for your home will net you any return. If you spend money on capital improvements, then you raise the base cost of your home. When you sell your home, these capital improvements can lower your capital gain and save you taxes. […]

Are You Ready for This?

A short story about an offer presented to a single, senior woman who was relocating to a retirement home: The offer was for full price and had reasonable terms and timelines. The seller would not accept it. As the offering agent delved deeper into why, the agent discovered the seller was upset about her dining […]

Home for Sale? Secure It!

During the month of September, REALTORS® draw special attention to securing any homes that they have on the market for sale. September has been designated REALTOR® Safety month. But safety is also the seller’s responsibility so here are some tips to keeping your home secure and lessening any risk. Locks – your windows and doors […]

Three Benefits to a 15-Year Mortgage

Stability, affordability and flexibility are the three best reasons why homebuyers often choose a 30 year mortgage over a 15 year mortgage. But if you can afford to make a higher monthly payment, here are three great reasons to choose the 15 year mortgage: build equity faster, save on total interest and pay off your […]

Making Your Best Offer

Making an offer on a home can be disappointing, discouraging and sometimes frustrating when the seller doesn’t accept it or accepts another offer over yours. Just because you made an offer doesn’t mean it will be accepted nor does it mean you will get a counter offer. With low inventory levels still across much of […]

Unexpected Closing Costs

TD Bank released a recent study that says 65 percent of home buyers with a mortgage that required PMI (private mortgage insurance) stated having a higher monthly payment that was over what they had originally planned. PMI is a requirement when your home loan exceeds 80 percent of what the home is valued. The premiums […]

Seller's Market?

When demand for housing is high and the supporting inventory is low, we often use the term “Seller’s Market.” This means selling conditions are favorable for sellers and there are no adverse economic conditions that are affecting the market. A higher amount of willing, able and ready buyers determines demand. A timing of lower interest […]