Building An Emergency Fund During An Emergency

By now, it should be apparent that this COVID-19 (Corona-virus) pandemic is going to be here for several months. It is already causing the market to plummet and is disrupting jobs all over the country. Many people who work as hourly employees (or are independent contractors) are starting to suffer. As people’s budgets start to feel the squeeze, this is exactly the time that people should be relying on an emergency fund; however, for those who don’t have one, it is time to start saving.

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How To Retain Your Sanity While Working From Home

There are a lot of people who enjoy working from home; however, with the COVID-19 pandemic, many people who are not used to working from home are forced into this new arrangement. It can be hard for individuals o stay focused when they are stuck in the environment at home. Particularly if the kids are home from school, it is easy to get distracted. Fortunately, there are a few ways people can retain their sanity as they work from home.

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When It Makes Sense To DIY

Many homeowners enjoy DIY, or Do-it-Yourself, home improvement projects. There’s nothing quite like the pride of knowing you used your own hands to put together or improve something.

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Home Improvement Projects For The Quarantined

If you have paid attention to the news recently, you have probably heard about the coronavirus pandemic which also goes by the name COVID-19. Those who are exposed to the virus might be asked to place themselves in quarantine. Some states have even told their residents to shelter in place. While this infection has forced everyone to change the way they live their lives, there are still some home improvement projects you can tackle during quarantine to put your free time to use.

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Turn Your Yard Into An All-Seasons Living Space

Think of backyard space as “in-between” or transitional space that is a bit like being inside while being outside. Sunrooms, screened-in covered patios, outdoor kitchens, spas, fire pits and more, are all becoming very popular ways to make more use of the backyard. Making use of the outside area is not limited to only the times of the year that have nice, warm weather.

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Home Sales Are Spiking, Driven By Low Mortgage Rates

According to data from the National Association of Realtors, existing-home sales increased by 3.6% in December 2019. That pace is the strongest month-over-month in almost two years, since February 2018. The sales figures were also up 10.8% from what they were in December 2018.

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Coronavirus (COVID-19) Concerns Lead To Drop In Mortgage Rates

The issues surrounding the Coronavirus (COVID-19) epidemic have impacted the entire world. This includes the stock market right here at home. The stock market has plummeted and so, too, have mortgage rates. While the Coronavirus (COVID-19) gives everyone cause for concern, real estate agents are saying that now is the right time to buy a house.

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How to Buy An Investment Property

It is important for everyone to take steps to diversify their assets. While many people take this to mean holding multiple stocks, bonds, and mutual funds in the market, this also includes branching out into the real estate industry. The real estate industry is far more stable than the stock market and provides a fantastic opportunity to generate reliable returns. At the same time, there are lots of options to choose from when it comes to investment properties.

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Construction Loans Archives | Page 43 of 64 | Ed Currie Construction Loans
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Definitions

Do you own the property?

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Amount your owe on home

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Price of property/land

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Cost of construction project

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Down payment

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Length of project (months)

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Initial interest only payment

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Final interest only payment

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Principal and interest payment

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