Those hoping to be first-time homebuyers can overcome the challenge of saving for a down payment by taking advantage of various sources of assistance. There are a variety down payment sources available to first-time homebuyers, from family gifts and retirement account withdrawals to tax refunds and down payment assistance programs, empowering them to achieve their […]
If you own a home, you’re dealing with property taxes. Property taxes are an essential part of homeownership, but you may not really understand or realize how they are actually calculated. In fact – sometimes understanding how they are calculated can feel like attempting to unravel a complex puzzle. Once you unlock the secrets of […]
For many individuals, planning for retirement is a priority. You want your retirement to be comfortable and secure. Of course, traditional investment options such as stocks and bonds play a crucial role – but rental real estate holds another great avenue. Let’s explore together the 12 key benefits of investing in rental real estate for […]
Without a 25-30% down payment, beginning on the road to rental investments can be quite a challenge. Hence, purchasing the property as an owner occupant can be a huge advantage! Let’s look at some examples together. The first example would be to buy a home to live in with a minimum FHA down payment of […]
Purchasing a home – the process can seem overwhelming. However, the long-term advantages of homeownership are a very smart investment which will secure your future where the benefits extend beyond simply having a place to live. One of the most significant advantages to owning a home is building equity. You can’t build equity while renting. […]
If you’re a homeowner, you’ve more than likely invested in a significant amount of time and money in regards to furnishing and decorating your home with items which are important to you. Unfortunately, unexpected events like natural disasters or burglaries can result in the loss or damage of these belongings. It’s because of those unexpected […]
Home improvements – just about any realtor will tell you that doing home improvements on your home will potentially increase the home’s value, and bring in buyers who are willing to make a higher offer. However, what they might not tell you is that you need to keep track of those home improvements. Keeping track […]
First – what is an appraisal gap? Quite simply, it’s the difference between “the fair market value determined by an appraiser and the amount you agreed to pay for the home.” It doesn’t mean that you have to cancel the sale, but it does mean some negotiations will probably be happening And, an appraisal gap […]
When a new home is being built, builders are normally required to warrant their work for a specified period. Municipal inspections are also generally required during different stages to “ensure the life, health, safety, and welfare of the public” but even if something is missed, the ultimate responsibility for building to code belongs to the […]
Want to go shopping? Have you ever thought about shopping for a lower mortgage rate? If not, you may want to consider it. If you decide to go shopping for a lower mortgage rate, one thing you do need to consider is that not all lenders share the same business practices. Some of them may […]
