Category: Real Estate Items of value

Converting a Home to a Rental

A simple decision to rent your current home instead of selling it when moving to a new home could have far reaching consequences. If you have a considerable gain, in a principal residence and you rent it for more than three years, it can lose the principal residence status and the profit must be recognized. […]

Wednesday May 17th, 2017 in Real Estate Items of value | Comments Off on Converting a Home to a Rental

Good Info – Good Decisions

While low inventory is certainly challenging buyers, not having a clear understanding of mortgage financing is also causing issues. By having good information, they are able to make better decisions as well as compete favorably. Most buyers don’t realize how the mortgage rate is determined for a borrower. While annual income is important, a good […]

Tuesday May 16th, 2017 in Real Estate Items of value | Comments Off on Good Info – Good Decisions

Save on Homeowner’s Insurance

Insurance is a way to hedge the risk of a possible loss on an asset that a person or entity cannot afford.  The cost of the coverage is determined by risk and exposure to the insurer and reflected in the premium. Another way to say it is: don’t buy insurance when you can afford the […]

Wednesday May 10th, 2017 in Real Estate Items of value | Comments Off on Save on Homeowner’s Insurance

A Well Planned Garage Sale

A well-planned garage or yard sale can make room in your home, get rid of unused items and make some money but it needs some planning to be successful. Start early to research and plan Promotion is key Display items attractively Price items right Organize checkout Saturdays are generally the best day but there may […]

Wednesday May 10th, 2017 in Real Estate Items of value | Comments Off on A Well Planned Garage Sale

Reasons to Refinance

Regardless of the reason to refinance a home, the basic question to ask is: “Do you plan to live in the home long enough to recapture the cost of refinancing?” There are always expenses involved in refinancing which can be paid in cash or rolled into the new mortgage. From a strictly financial standpoint, the […]

Tuesday May 9th, 2017 in Real Estate Items of value | Comments Off on Reasons to Refinance

HOME SELLERS: HOW YOUR REALTOR DOES IT BETTER

Written by Blanche Evans In 2015, approximately 89% of home sellers hired a REALTOR®. What do they know that you don’t? To sell your home yourself, you’ll be competing against experts who have more tools and connections than you do. In addition to multiple listing services, broker Websites, real estate Websites, personal Websites, and professional-grade videos […]

Wednesday May 3rd, 2017 in Real Estate Items of value | Comments Off on HOME SELLERS: HOW YOUR REALTOR DOES IT BETTER

Indecision May Cost More

“More has been lost due to indecision than was ever lost to making the wrong decision.” Interest rates have as much effect on housing costs as price and when they are both trending upward, it can be very expensive to wait. There can be some legitimate reasons for postponing a purchase such as needing to […]

Tuesday May 2nd, 2017 in Real Estate Items of value | Comments Off on Indecision May Cost More

How Long it Takes to Save for a Down Payment

DAILY REAL ESTATE NEWS Which age groups are financially fit to buy homes the fastest? Hanley Wood’s Data Studio recently used Metrostudy and Census data to find out how long it would take each generation to save up a 10 percent down payment on a home based on the median household income and median home […]

Wednesday April 26th, 2017 in Real Estate Items of value | Comments Off on How Long it Takes to Save for a Down Payment

Would-be to Should-be

Some would-be buyers have emotional reasons to own a home like having a place of their own where they can raise a family, feel safe and secure and enjoy their friends’ company. Other buyers’ dominant reasons might be financial in nature such as building equity or lowering their cost of housing. Regardless of what might […]

Tuesday April 25th, 2017 in Real Estate Items of value | Comments Off on Would-be to Should-be

Baby Boomers Blamed for Clog in Housing

  DAILY REAL ESTATE NEWS | Some economists say the baby boomers aren’t selling their homes like previous generations did and not downsizing fast enough, which is leading to shortages of homes for sale and rising prices. Baby boomers are “clogging up the whole chain of home sales,” says Sean Becketti, chief economist of Freddie […]

Wednesday April 19th, 2017 in Real Estate Items of value | Comments Off on Baby Boomers Blamed for Clog in Housing