Home staging – have you ever thought of it from a home stagers’ point of view? Well, here’s a little story. Recently, a very well-known professional home stager decided to sell the 4,000+ square foot home where she lived with her husband. This home was very well-maintained, and really by most standards would have sold […]
If you’re a tenant – hearing the words “rent is going up” is more than likely not something you want to hear. However, if you’re an investor, that phrase really is music to your ears. A recent study performed by CoreLogic known as the Single-Family Rent Index, April 2021 showed a 5.3% increase in national […]
Homeownership is a cycle – think of it almost like a circle. All around the circle are items such as an apartment building, finances, things that are simply helping you work towards that goal of homeownership. Then, the middle of the circle is a larger home – the goal if you will. You may want […]
I’m sure you’ve heard the famous saying “money doesn’t grow on trees”. Some homeowners unfortunately in this past year wish it did, when they couldn’t make their mortgage payments due to COVID-19. Then, they were relieved when they found out that their mortgage lender or service provider allowed them to temporarily pause or possibly even […]
It’s unfortunately not much of a secret that the housing market is experiencing some very low inventory. But, even though inventory is low, sellers are choosing to seek out a real estate professional to sell their home, instead of doing it themselves. It really may be more important than ever to take that risk of […]
Just about any real estate agent will tell you a quite similar sad story. One that pretty much goes like the following: The seller’s home just hit the market, they received an offer which was less than the list price, and then felt secure enough to counter for a higher amount. For whatever reason, the […]
Many times, it’s been said that more and more money has been lost due to indecisions than was ever lost due to making the wrong decision. In many cases, the larger the decision, more than likely procrastination is going to come into play and allow the act of doing nothing to simply cost something. When […]
Have you inherited a property? There’s an incredible benefit to people who have inherited property, known as “stepped-up basis”. Not only do they receive the property itself, but the basis or cost value of the property becomes the fair market value at the time of the decedent’s death. What does this mean? It avoids the […]
Here’s the question … are you better off, from a financial standpoint, renting or owning your home? Normally, renting a home does have some advantages. It’s a short-term commitment, and your landlord is responsible for all repairs. In most cases nowadays, owning a home can actually mean that your monthly payment would be lower than […]
A variable that helps a lender determine the likelihood of a loan being repaid on a timely basis is your credit score. This plays a large role. Credit bureaus will evaluate your creditworthiness using a FICO score. The higher the FICO score the better the borrower’s credit. A borrower gets charged a mortgage rate based […]
