How to Ensure a Vacation Home Purchase is a Good Investment
If you’ve been thinking about investing in real estate and buying a property to rent out over the long haul, you might want to consider a somewhat unique investment opportunity: vacation rentals.
In fact, renting out vacation properties has become all the rage lately thanks to sites like Airbnb, VRBO, and HomeAway.…
Should You Buy the Best House in the Neighborhood?
A gorgeous house in a great neighborhood is definitely something that will catch buyers’ attention. And the best house on the block will certainly stand out from the rest.
But is purchasing the best house in the neighborhood a sound investment?…
These Home Improvements Could Hurt Your Home’s Value When You Sell
Every seller wants to snag the highest possible price for their home when they sell, which is why certain measures should be taken to prep a home and craft a solid listing for buyers to see. And one of the recommended things that sellers should consider is making improvements that will help garner more attention from buyers.…
Should You Refinance Your Home?
If you own a home and have some equity built up in it, you may have the opportunity to refinance your current mortgage. And there may be some good reasons why may want to consider refinancing, depending on your situation.
What does it mean to refinance your mortgage?…
Short-Term or Long-Term Amortization Periods: Which One is Best For a Mortgage?
There are a number of factors to consider when choosing a particular mortgage product. While the interest rate and fees associated with a home loan are certainly important factors to consider, so is the amortization period.
Basically, the amortization period refers to the length of time that you have to fully repay your home loan.…
8 Best Paint Colors For Your Front Door
Curb appeal speaks volumes. It not only creates a welcoming vibe to your home, but it also plays a key role in its value, too. Given this, it’s important to keep up with your home’s curb appeal and spruce it up if need be.…
6 Ways to Boost Security in Your Condo, Even Without a Concierge
All homeowners want to take measures to make sure their homes are secure and that all occupants within their homes are kept safe at all times. When it comes to condos, there is usually an added level of security in the form of a locked main entrance, security cameras, or 24-hour concierge.…
How Do Appraisers Determine the Value of a Home?
Sellers are obviously interested in knowing the value of their homes so they can figure out roughly how much they can potentially sell for. But buyers also want to know the value of homes they’re interested in and may put an offer on, as it will help them determine an appropriate and competitive offer.…
What Landlords Need to Know About Rent Control Law
If you’ve invested in the right property and your rent is easily covering all your expenses – and then some – you can make a decent profit and build sustainable wealth over time, especially as the property appreciates in value.
But when it comes time to increase your rent or evict a tenant, you may be subject to certain rent control laws in your area.…
How to Stage Your Home For Airbnb
Listing your property on vacation rental sites like Airbnb can be a great way to supplement your income. It can also be a great way to earn a full-time living, especially if you’ve got a handful of vacation properties on the go.…
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What Homeowners Should Know Before Putting Up a Fence
Everyone needs their own space, and fences can provide homeowners with just enough privacy to enjoy their homes without feeling like they’re constantly on display. Fences also help specify exactly where property lines run between lots so there’s no confusion about what belongs to whom.…
What Does it Mean When a Deal is “in Escrow”?
You’ve found the house of your dreams, put in an offer that was accepted, and are ready to make the big move. But even though both you and the seller have agreed on an offer, the deal isn’t done quite yet.…
Thinking of Selling Without an Agent? 6 Reasons Why You Shouldn’t
You wouldn’t try to rewire your home, give yourself a root canal, or replace the engine in your car on your own without the help of a professional, would you?
Well, selling a home is no different. This is a critical asset and one of high value, and the selling transaction should be handled with the representation of a real estate agent.…
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Investing in Real Estate Investment Trusts (REITs): 101
Investing in real estate is a great way to build wealth over time and even make a very handsome income as a career. Whether you buy a property to rent out, fix and flip a fixer-upper, or just buy in hopes of a property appreciating in value, making a lot of money in real estate is possible.…
How Do Short Sales and Foreclosures Compare?
No buyer wants to pay more for a home than they have to. Instead, buyers are typically on the prowl for a good deal, and some look to short sales and foreclosures in an effort to slash a few thousand dollars off the final purchase price of a home.…
What Buyers Should Know About Buying a House at an Auction
The more common way to buy a home is to peruse listings on the MLS and make an offer with the help of a real estate agent. But some buyers may look for other platforms to make a home purchase, including auctions.…
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Are You Ready to Move? 11 Signs That the Answer is ‘Yes’
Moving is a big deal. Think of all the things that you’ve likely accumulated over the years and have stored all over your home, not to mention the process of selling your home and looking for a new one that will suit your lifestyle – and your budget.…
