This is important information that I received from the cfpb (Consumer Financial Protection Bureau) and I wanted to share it. I trust you will share it with those you feel may need this information. Stay well. The majority of Americans will start to see some financial relief in April through economic impact payments being […]
5 Powerful Reasons to Own Instead of Rent
March 8, 2020 by ·
Owning a home has great financial benefits. In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land Institute explained: “Homeownership appears to help borrowers accumulate housing and nonhousing wealth in a variety of ways, with tax advantages, greater financial flexibility due to secured borrowing, built-in ‘default’ […]
Should I Refinance My Home?
March 1, 2020 by ·
With the recent lower interest rates, many homeowners are wondering if they should refinance. To decide if refinancing is the best option for your family, start by asking yourself these questions: Why do you want to refinance? There are many reasons to refinance, but here are three of the most common ones: Lower your interest […]
How to Increase Your Equity Over the Next 5 Years
February 15, 2020 by ·
Many of the questions currently surrounding the real estate industry focus on home prices and where they are heading. The most recent Home Price Expectation Survey (HPES) helps target these projected answers. Here are the results from the Q2 2019 Survey: Home values will appreciate by 4.1% in 2019 The average annual appreciation will be 3.2% over the […]
5 Real Estate Reality TV Myths Explained
February 10, 2020 by ·
Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of shows like “Property Brothers,” “Fixer Upper,” and “Love It or List It,” all in one sitting. When you’re in the middle of your real estate-themed TV show marathon, you might start […]
The Benefits of Growing Equity in Your Home
February 7, 2020 by ·
Over the last couple of years, we’ve heard quite a bit about rising home prices. Today, expert projections still forecast continued growth, just at a slower pace. One of the often-overlooked benefits of rising home prices is the positive impact they have on home equity. Let’s break down three ways this is a win for homeowners. […]
What Buyers Need to Know About HOAs
January 25, 2020 by ·
When searching for a home, you may end up selecting a property in a community with a Homeowners Association (HOA). Before you buy, it’s important to know how an HOA works and what they mean for you. According to a recent article on realtor.com, “In a nutshell, an HOA helps ensure that your community looks its […]
One of the Top Reasons to Own a Home
January 20, 2020 by ·
One of the benefits of homeownership is that it is a “forced savings plan.” Here’s how it works: You make a mortgage payment each month. Part of that payment is applied to the principal balance of your mortgage. Each month you owe less on the home. The difference between the value of the home and what you […]
Homeowners Are Happy….Find out why
January 14, 2020 by ·
When people talk about homeownership and the American Dream, much of the conversation revolves around the financial benefits of owning a home. However, two recent studies show that non-financial benefits might be even more valuable. In a recent survey, Bank of America asked homeowners: “Does owning a home make you happier than renting?” 93% of the respondents answered yes, while […]
4 Tips to Improve Your Home and Save on Your Energy Bill
January 8, 2020 by ·
What should you spend on utilities? Money Management says, “If you’re working with a budget, and trust me, you should be, your utility costs should be no more than 8-10 percent of your monthly income.” How can you make your home more efficient? EnergyEfficiencyDay.Org provides some handy tips that can help you improve the energy efficiency of […]
