Category: Real Estate Items of value

Find the “Right” Agent Before the “Right” Home

  It’s a common practice for buyers to make a list of what they want in a home during the search process and to explain it to their agent. However, maybe the first list they should make would have the skills they want their agent to have. The Profile of Home Buyers and Sellers identifies […]

Wednesday August 16th, 2017 in Real Estate Items of value | No Comments »

Shorter Term – More Savings

Whether you’re refinancing your current home or buying a new one, something worth considering is a 15-year loan rather than a 30-year term. The payments will be a little higher but you’ll get a lower interest rate and you’ll build equity much faster. Let’s look at an example of a $300,000 mortgage with the choice […]

Tuesday August 15th, 2017 in Real Estate Items of value | No Comments »

A Home is More Than an Address

A home is a place to call your own, raise your family, share with your friends and feel safe and secure. It is also one of the largest investments most people have. Leverage is the ability to control a larger asset with a smaller amount of cash through the use of borrowed funds. It has […]

Wednesday August 9th, 2017 in Real Estate Items of value | Comments Off on A Home is More Than an Address

Home Energy Aware

After the mortgage payment, the largest homeowner expense is for utilities and the major component is energy. Contributing factors include air leaks, insulation, heating and cooling equipment, water heaters and lighting. Computers, monitors, TVs, cable and satellite boxes, DVRs and power adapters are spinning your electric meter even when they’re not being used. Even though […]

Tuesday August 8th, 2017 in Real Estate Items of value | Comments Off on Home Energy Aware

Get Regular Check-ups

Following his heart surgery last week, after an issue was discovered during his annual physical, President George W. Bush encouraged everyone to get regular check-ups. Another important checkup that should be done on a regular basis and can be just as beneficial for your finances is an annual homeowner advisory. Why would you treat your […]

Wednesday August 2nd, 2017 in Real Estate Items of value | Comments Off on Get Regular Check-ups

Home Safe Home

Home is a place you should feel safe and secure. Sometimes, we take it for granted and unfortunately, we do need to remain vigilant about things we do that could compromise our safety. Here are a few tips to consider: Everyone loves an inviting home including burglars. Make sure it looks occupied and is difficult […]

Tuesday August 1st, 2017 in Real Estate Items of value | Comments Off on Home Safe Home

Where Is It Invested?

You’ve saved for a rainy day or retirement. Congratulations but don’t get too comfortable yet; where is it invested? It’s estimated that over 25% of Americans have their long-term savings in cash instead of investments like stocks, bonds or real estate. The memories of the financial crisis of 2008 are recent enough to understand why […]

Wednesday July 26th, 2017 in Real Estate Items of value | Comments Off on Where Is It Invested?

Other People’s Money for College

Consider the goal of funding a child’s college education in the future. If “other people’s money” in the form of a scholarship is not a possibility, there still may be another way to use some “other people’s money.” A $25,000 investment into a mutual fund paying 5% would earn $1,250 in the first year. Alternatively, […]

Tuesday July 25th, 2017 in Real Estate Items of value | Comments Off on Other People’s Money for College

It Can’t Hurt to Wait, Can It?

It’s been said that more money has been lost due to indecision than was ever lost because of a bad decision. Regardless of whether you agree with the statement, delaying the decision to buy in today’s market is going to cost the buyer more. Home prices have gone up considerably in almost every market in […]

Wednesday July 19th, 2017 in Real Estate Items of value | Comments Off on It Can’t Hurt to Wait, Can It?

Assumptions are an Alternative

In the late 80’s, both FHA and VA began requiring buyers to qualify to assume their mortgages. The main reason there haven’t been many assumptions in the past 25 years is that interest rates have been steadily going down and if a person has to qualify, they might as well do it on a new […]

Tuesday July 18th, 2017 in Real Estate Items of value | Comments Off on Assumptions are an Alternative