The American Dream – owning a home represents far more than just having a place to live—it embodies values, aspirations, and a sense of security. Here’s why homeownership is widely regarded as a key component of the American dream: Stability and Roots: Owning a home provides a sense of stability and roots in a community. […]
A gorgeous neighborhood with nothing short of beautifully manicured lawns throughout? Of course, some homeowners love the thought of working on their yards, but others do not share the same enthusiasm. If you’ve ever contemplated the idea of installing artificial turf, also known as fake grass, as a part of your landscape, it’s essential to […]
Before you dive into renovation projects, it’s important to understand which upgrades are likely to boost your home’s value and which ones may not yield a significant return on investment. While certain improvements can enhance your home’s appeal and attract potential buyers, others may fall short of expectations. It’s so important to explore examples of […]
The average sale price of homes has appreciated at a rate of 5.56% annually over the last 60 years, according to the Federal Reserve Economic Data. During that same period, rent has increased at a rate of 3.88% annually which presents quite the compelling argument in favor of homeownership. Once you sit down and study […]
House-hacking refers to buying a multifamily property on an owner-occupied mortgage, living in one unit and renting the others. If you’re thinking about becoming a rental mogul, starting early is an advantage. Not only will you have longer to accumulate a larger portfolio, but you can also increase the leverage on the first owner-occupied acquisitions. Leverage is […]
Credit life insurance is a specialized type of insurance designed to provide financial protection for borrowers and their families in the event of the borrower’s untimely death. This insurance is often associated with loans, including mortgages, and is specifically tied to the outstanding balance of the loan. In the case of a home purchase, credit […]
You may or may not remember Mr. Rogers Neighborhood. If you do, you’re probably humming the theme song right now – “who are the people in your neighborhood”. It doesn’t matter if you’re a seasoned homeowner or a first-time homebuyer just starting this chapter of your life. You’re not just entering a house but you’re […]
Homeownership is more than just having a place to call your own – and it’s filled with many benefits. Among its many advantages, homeownership is a powerful safeguard against inflation and is a strong asset for long-term wealth accumulation. I highly encourage you to read the following on why owning a home can be one […]
Many can relate to Ken and Barbie. After all, this “couple” has been in several of our lives for generations, and will be in our lives for generations to come. Here’s a scenario – Ken & Barbie have been married 20 years and have owned their current home for over 10 years. They decided to […]
Regardless of whether you’re entitled to $250,000 or $500,000 of exclusion when you sell your home, prices have gone up so much in the past two years, you may be approaching the limit where you might have to pay tax on the excess when you sell. Any improvements you have made to the home during […]
