What does homeownership look like to you? For most Americans, the debate between owning and renting often boils down to finances. While renting may offer short-term flexibility, homeownership provides significant financial benefits that renters miss out on. From appreciation to building equity and increasing your wealth, owning a home is an investment in your future. […]
Tag Archives: Home Ownership
Make Your Decision With Ben’s Balance Sheet
The American Dream Of Home Ownership
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. […]
Artificial Turf: Should You Install It?
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 […]
Homeownership – You Can Build Your Case For That Today!
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 […]
Your Home’s Equity and Rental Property
There can be so many reasons as to why homeowners aspire to have their home paid for. Some of those reasons can include no mortgage payments, financial security, debt reduction, to lower expenses, retirement planning, financial freedom, legacy planning, no risk of foreclosure and reduced stress. And, believe it or not, there are more. Every […]
House-Hacking Your Way To A Multi-Family Project
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 […]
Advantages of Credit Life Insurance
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 […]
“Trapped Equity” With Refinancing
Purchasing A Home In The Current Market Is A Smart Move
Don’t let today’s real estate market scare you. If you are in a financially stable position, now might be the perfect time to embark on your homeownership journey. Buying a home today offers several advantages, including the opportunity to build equity and stabilize your housing costs in the face of rising expenses. Explore the reasons […]