Category: Real Estate Items of value

Equity Dynamics

Equity is the difference in what your home is worth and what you owe. Ideally, as the value goes up and the unpaid balance goes down with each amortized payment made, the equity grows from two directions. This dynamic leads to increasing a person’s net worth much faster than many other investments. A homeowner has […]

Wednesday September 13th, 2017 in Real Estate Items of value | Comments Off on Equity Dynamics

Don’t Do It!

You’ve seen lists telling buyers what to do to find the right home but knowing what not to do can be just as important. After finding the right home, negotiating a contract, making a loan application and inspections, buyers, understandably, start making plans to move and put their personal touches on the home. In today’s […]

Wednesday September 13th, 2017 in Real Estate Items of value | Comments Off on Don’t Do It!

Investing on Your Side of the Fence

The grass tends to look greener on the other side of the fence. Maybe that’s why some people invest in things they don’t understand. It has been said that the grass is just as hard to mow on the other side of the fence so stay with what your most familiar. Single-family homes used for […]

Tuesday September 12th, 2017 in Real Estate Items of value | Comments Off on Investing on Your Side of the Fence

Who is my agent?

More often than you’d expect, homeowners refer to the person they bought their insurance from as their agent. It sounds reasonable but it’s definitely not accurate. That person is the agent of the insurance company and they legally represent the company, not the customer. Even an independent agent who can place a policy with different […]

Wednesday September 6th, 2017 in Real Estate Items of value | Comments Off on Who is my agent?

3 Tips to Prep Your Garden for Winter Right Now

By Margaret Eby The air outside is getting nippy, the leaves are changing, and though there’s still time to enjoy the warmer temperatures of fall, we all know that “Game of Thrones” adage to be true: Winter is coming. If you have a garden or even just a yard, it’s time to start thinking about […]

Wednesday September 6th, 2017 in Real Estate Items of value | Comments Off on 3 Tips to Prep Your Garden for Winter Right Now

Deductible Dilemma

The purpose of insurance is to shift the risk of loss to a company in exchange for a premium. Most policies have a deductible which reduces the amount of the claim that is paid by having the insured share in the first part of the loss. In the process of managing insurance premiums, policy holders […]

Tuesday September 5th, 2017 in Real Estate Items of value | Comments Off on Deductible Dilemma

Mortgage Interest Deduction –

Originally, in 1913 with the Sixteenth Amendment, Income Tax allowed a deduction on any interest paid by a taxpayer. Prior to World War I, most interest was paid for business purposes and very little paid by individuals. Credit cards, revolving credit, student loans and home equity loans that would charge interest would not become popular […]

Wednesday August 30th, 2017 in Real Estate Items of value | Comments Off on Mortgage Interest Deduction –

Your Home’s Equity Could Be the Answer

A home equity line of credit, HELOC, is a mortgage loan made to homeowners to be used on an as-needed basis. A lender, such as a bank, will approve a borrower for a specified amount based on the equity in their home and all the necessary paperwork is signed to authorize the loan. The line […]

Tuesday August 29th, 2017 in Real Estate Items of value | Comments Off on Your Home’s Equity Could Be the Answer

The Rules

The profit potential in single family homes for investment has been a consistently good long-term investment. They offer investors the opportunity of high loan-to-value mortgages at fixed interest rates for 30 years on appreciating assets, tax advantages and reasonable control that other investments don’t offer. Last year, Warren Buffett said that if he had a […]

Wednesday August 23rd, 2017 in Real Estate Items of value | Comments Off on The Rules

Which Value Do You Want?

What your home is worth depends on why you ask the question. It could be one value based on a purchase or sale and an entirely different value for insurance purposes. Fair market value is the price a buyer and seller can agree upon assuming both are knowledgeable, willing and unpressured by extraordinary events. This […]

Tuesday August 22nd, 2017 in Real Estate Items of value | Comments Off on Which Value Do You Want?