Buying or Selling a Home This Winter? Keep These Tax Tips in Mind!
With all of the expense that can go into buying or selling your home, it's good to be aware of what you can claim and how a home can benefit you come tax time.
4 Facts You Need to Know Before Setting Up a Mortgage Escrow Account
Buying a home involves a variety of nuances and strange-sounding terms, and one of the least understood aspects of the home buying process is the escrow account. Essentially, an escrow account is a third party bank account your lender can require you to pay into in order to cover certain costs related to your home. Your lender uses an escrow account to ensure that property taxes and home insurance fees get paid on time.
Buying for Retirement: 3 Reasons Why You’ll Want to Buy Your Retirement Home Before You Retire
While it may seem like a big time commitment to find a new home while you're still busy with your work there are several significant financial benefits to purchasing your retirement home before you actually do retire. Here are our top reasons why.
First-Time Homebuyer Tips: Navigating the Homebuying Process with Confidence
Buying a home is a major milestone in many people's lives. It is a significant investment, both financially and emotionally. For first-time homebuyers, the process of buying a home can be overwhelming. From saving for a down payment to choosing the right mortgage product, and navigating the homebuying process, there are many things to consider.
How To Choose The Right Builder For Your Custom Home
When building your dream home, there are many factors to consider when choosing your home builder. Who you entrust to build your home can make or break the designing and building process as well as the final product, which is why finding the right home builder for you is important. Here are the key points
How I Learned To Stop Worrying And Love ARMs
Just the thought, idea or hearing the term adjustable-rate mortgage (ARM) can create a negative reaction in people. Some people would prefer riding on an atomic weapon just as Slim Pickens did in Stanley Kubrick’s famous movie than to get an ARM. This reaction is perfectly understandable. About 90% of mortgages people take out are
How Millennials Are Changing The Housing Market
Every generation makes its mark on society with certain notable characteristics. The Boomer generation is remembered for their contributions to building the American economy, while Gen Z is associated with the start of social media. The housing market has not been immune to the generational changes, and Millennials, the generation of Americans born between 1981
Three Excellent Reasons to Buy a Home So You Can Get out of the “Renting Rut”
Renting a home is a good option for some, but buying a home just might be the best thing for you. Let's take a look at some big advantages to buying a house that will help you get out of your renting rut and focus more on your future.
Buying a New Home? Follow These Three Tips to Ensure a Stress-Free Transaction
Buying real estate and or taking out a home loan is a significant milestone in life. Frequently, it means that a new phase is starting, whether it's a new job, a new relationship, or moving to a new area. However, when the most basic steps are missed, this transition can be fraught with stress and disaster. To ensure a smooth transaction, home buyers should be sure to mind the following tips.
Buying A New Home In The City? The Pros and Cons Of Buying A Home On A Busy Street
Buying a home in the city is a venture that comes with an entire assortment of advantages and disadvantages. While the location might be close in proximity to businesses, services, and other people, it's easy to worry about the other aspects of city living. What are the great and not-so-great facets of living on a busy street?
Should I Shorten My Mortgage Term, Important Factors To Consider
When you first bought your home a few years ago, perhaps you started off with a 30 year mortgage. Now, you are considering refinancing and changing it to a 20 year or even a 15 year mortgage.
Buying an Investment Property? Here’s How You Can Maximize Your Rental Revenue
Whether you're buying a ski-in/ski-out condo at your favorite resort or you're thinking of picking up a small home in a busy tourist area, buying a property for short-term rental purposes can be an excellent investment that quickly begins to provide additional revenue.