3 Tips to Find the Best Neighborhood to Live In

3 Tips to Find the Best Neighborhood to Live In
Posted Tuesday February 25, 2020 in Mortgage

The vast majority of people are going to move at least once in their life. Moves can vary in distance. Sometimes, these moves are across town. Other times, they might be across the country. Regardless of the distance, is important to find a neighborhood that fits both the budget and lifestyle. There are a few…
NAHB: Home Builder Confidence Near 1999 High

NAHB: Home Builder Confidence Near 1999 High
Posted Thursday February 20, 2020 in Market Outlook

The National Association of Home Builders reported a housing market index reading of 74 in February; the index reading was one point lower than for January and was only two points below the highest reading of 76 reported in December. Readings over 50 indicate that most builders consider housing market conditions to be positive. Factors…
Big Home Repairs That Can Sink A Budget Quickly

Big Home Repairs That Can Sink A Budget Quickly
Posted Wednesday February 19, 2020 in Mortgage

For most individuals and families, their home is the most expensive investment they will ever purchase. Therefore, it is important for everyone to take care of their home. Routine maintenance can prevent costly repairs from arising down the road. It is important for homeowners to make sure they budget for home maintenance and repair costs.…
Home Improvements That May Improve Resale Value

Home Improvements That May Improve Resale Value
Posted Friday February 14, 2020 in Real Estate

Did you know that some home improvements lower the resale value of a home and decrease the number of potential buyers? If you are going to repaint the exterior of your home bright, traffic-cone orange and try to sell it for a high price, think again! Maybe, if the artist Pablo Picasso once lived there…
Common Problems Faced By New Homeowners

Common Problems Faced By New Homeowners
Posted Thursday February 13, 2020 in Real Estate

Buying a new home is a big step for individuals and families. This is a time for celebration as the new furniture gets moved in, everyone gets adjusted, and the honeymoon phase starts with the new home. On the other hand, buying a home also means that all of the responsibilities rest with the owners.…
The Impact Of The New Housing Construction Boom

The Impact Of The New Housing Construction Boom
Posted Wednesday February 12, 2020 in Real Estate

New housing construction starts reached a record high in December 2019 going up 16.9%. This represents a seasonally-adjusted annual rate of 1.608 million homes last December, which beat the record set in December 2006, 13 years ago, according to CNBC. This was surprising news, as predictions made before the end of the year were that…
Considering A Reverse Mortgage? Understand These Important Points First

Considering A Reverse Mortgage? Understand These Important Points First
Posted Tuesday February 11, 2020 in Mortgage

There are many individuals who end up on a fixed income once they reach a certain age; however, their expenses aren’t always fixed. Sometimes, there is a large medical expense. In other cases, someone might need money for a new car or a home repair. In the event that someone needs cash quickly, one option…
How To Find Places To Buy Rental Investment Properties

How To Find Places To Buy Rental Investment Properties
Posted Friday February 7, 2020 in Real Estate

Real estate, which is a rental property, has the unique characteristic under the tax code of being able to depreciate it and pretend the asset is going down in value, while, if you are a clever investor, you will acquire property that actually increases in value. Additionally, there are other tax advantages for owning a…
Investment Property Down Payments: How Much Will You Need?

Investment Property Down Payments: How Much Will You Need?
Posted Thursday February 6, 2020 in Mortgage

Investing in real estate is a great way for someone to diversify his or her assets; however, there is a common hurdle that almost all real estate investors face. This comes in the form of a down payment.  It can be a challenge for someone to come up with enough cash to fund the down…
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    Sue Lechman

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