According to Forbes, homeowners spend an average of $1,200 per month (or between 1-4% of their home’s value) to keep their homes in good condition. They do so to guarantee the safety and comfort of their families and preserve the investment value of their homes. For the homeowners wondering how to maintain the value of […]
Every year, American homeowners spend more than $400 billion on home renovations. The average home remodel project costs between $3,000 and $25,000, depending on the scale of the renovations. Large-scale and whole-home renovations can go as high as $150,000 from beginning to end. But what are the best home improvements that will increase your home […]
Buying a home is a big investment. For those purchasing their first home, budgeting can be a challenge if you don’t know what to expect. Choosing a house that you can afford is very important since it will affect your long-term financial health. But, how do you budget for a home? Here, we’ll look at […]
Owning property is the ultimate goal for many of us. However, aspiring homeowners don’t always realize that one cost, property taxes on their home, can go up or down every year. Actions homeowners take such as home improvement to increase the value of the home, can result in a bigger property tax bill. Below, we […]
POSSIBLE SCENARIOS IN SELLING YOUR HOME AND BUYING A NEW ONE For many who are contemplating selling their house also think about aligning their sale with the purchase of their own new home. Not working towards this solution can be costly. Renting or paying a double mortgage for the five-month period before you move into […]
Buying your first home is an exciting experience. You get to look at houses and choose the one that’s just right for you. If you’ve been planning to buy a home for a while, it’s likely that you’ve done your research and know how to identify the upfront costs of buying a home. However, there […]
New Home Checklist: 7 Essential First Week Tasks Congratulations, you’ve bought a house! Purchasing the home you want is exciting. We’re here to help you minimize the inevitable stress of moving. After planning a move for months and diligently doing all the packing, prepping, and logistics, many people moving into a new home find themselves […]
Homeownership is one way to grow your wealth. Most of the time property values tend to rise while you pay off the mortgage. When you pay off the principal on your home and the value rises, you gain equity in your home. This is the monetary value between the amount you owe and the possible […]
Buying an as-is home comes with some unique advantages. However, you’ll want to take some steps to ensure that you’re protected once you move in. What Does “Sold As-Is” Mean? A seller lists a home for sale as-is when they don’t plan to perform any repairs before the closing. When you buy such a home, […]
Does Shopping Around for a Mortgage Preapproval Hurt Your Credit Rating? For serious home shoppers, especially in competitive housing markets, it isn’t enough to be prequalified. You also need to be preapproved for a loan amount equal to or greater than the price of the home you’re considering (minus the down payment). That said, stringent […]
