If you’ve been in the market for a new house, then you have probably discovered that this is a tough time to be a buyer. Record high inflation, sky-high home prices and low inventory has kept competition steep, with no end in sight. The housing market will calm down - but potentially not for a couple of years. What if you can’t wait? Here are some tips to help you find a house you love (and can Continue Reading
Home Renovations: Which Projects are Worth the Investment?
Home renovations can be an exciting part of homeownership - and in many cases, they can be a good investment. Making strategic home improvement decisions can help increase your home’s resale value, save you money on heating and cooling, and improve your quality of life. That being said, there are some projects that can end up being colossal money pits, and might even make it harder to sell your Continue Reading
Should You Refinance Your Mortgage?
When interest rates are competitive, it could be a good time to refinance your mortgage. This is especially true if rates were a bit high when you first purchased your home. But there are some caveats to think about before committing to a mortgage refinance, so plan carefully. Why Refinance? Maybe you bought your house when interest rates were higher, or your credit is much stronger today Continue Reading
What to Consider Before You Upsize Your Home
Upsizing your home is a big decision, and it comes with a lot more complications than just finding the right place. Before you start the house hunting process, make sure a bigger home is really the right fit for you and your family. Here are some factors to consider before you make the move: Do you really need to upsize your home? It can be easy to start dreaming of a bigger home Continue Reading
Is a Physician Mortgage Loan Right for You?
Physicians coming out of medical school and residency are in a unique situation financially. They aren’t making much money yet, they’re usually saddled with a ton of debt, and they have very high earning potential. Normally, it would be challenging for them to secure a mortgage loan because of their current debt-to-income ratio. That’s where the physician mortgage loan comes in. Physician Continue Reading
Should You Rent Out Your House?
When the time comes to upgrade, downsize or move to a new city, you might consider turning your current place into a rental property instead of selling it. A rental property can be a lucrative investment...or it can be a money pit. Know what to look for so that when the time comes, you can part with your current home in the best way for you. Here are five questions to ask yourself before you rent Continue Reading
Is Investment Real Estate Right for You?
Investment real estate can be an excellent option for growing your wealth. It can offer you long-term income, it can increase in value over time, and it can be a natural fit for your overall wealth-building strategy. But it is absolutely not a one-size-fits-all investment option. So, how do you know if investment real estate is going to give you the return that you’re hoping for? Start Continue Reading
Interest Rate Increase: How it Affects You
In case you missed it, the Federal Reserve increased interest rates a quarter point last week, making this its second increase in 2017. This is an indicator of some changes on the horizon, so you may need to adjust your goals and plans accordingly. Here is how the increase could affect you: Student Loans and Interest Rates An increase in interest rates is typically an indicator that the central Continue Reading
4 Renovations To Increase Your Home Value
Spring is just around the corner and that means prime time for the real estate market will be here soon. As April approaches, people all across America are fixing up their homes and getting them ready to be put on the market. It also means that home-buyer hopefuls will soon be searching for open houses to visit. A picture is worth a thousand words when it comes to buying and selling homes. With Continue Reading
10 Things Every Aspiring Homeowner Needs to Know: Making an Offer and Closing
We are covering the 10 Things Every Aspiring Homeowner Needs to Know. So far, we’ve discussed: Whether you should really be buying, or if you should stick with renting What your credit situation looks like to lenders How much house you can afford How to pick a realtor, or if you should do it yourself How to pick a lender, and whether you need to get pre-qualified How to pick the Continue Reading