Real Estate

10

Jun

Real Estate

Does A Pool Increase The Value Of Your Property?

If you are looking for a way to add value to your house, you may have thought about putting in a pool. After all, this is a great way to cool off during the summer while entertaining your family members and friends. At the same time, does a pool increase the value of your property? Learn more about the benefits and drawbacks below. The Benefits Of Owning A Pool If you decide to put in a pool, there are a lot of benefits you will enjoy. First, it will make your property look significantly more appealing. As long as you…

09

Jun

By Lori Blank

Real Estate

Use A Fixer-Upper Mortgage To Expand Your Options

Many people purchasing a home for the first time are running into the same problem. There simply are not enough starter or entry-level houses available in the current market that are ready for people to move into. One solution some home buyers are exploring is to buy a fixer-upper home. With a home renovation mortgage, prospective homebuyers can qualify for a home loan that combines the cost of home improvements with the purchase price of the house. A Lack Of Affordable Homes Regardless of whether they are brand new or resale homes, there simply are not enough affordable homes for…

07

Jun

By Lori Blank

Real Estate

How To Make Your Home More Sustainable in 2022

If you are looking for a way to make your home more sustainable in 2022, there are several options available. A lot of people are concerned about the environment, and you can do your part by reducing the amount of energy your home consumes. Furthermore, some of these home improvements are not that expensive and can actually save you money. Some of them might even increase the value of your house. Take a look at some of the top sustainable home improvements you should make below. Install Energy-Efficient Windows If you have not swapped out your windows in a while,…

01

Jun

By Lori Blank

Real Estate

Where Buyers Tend To Compromise When Buying A Home

If you are in the market for a home, it is important for you to think about what is most critical to your housing search. Unless you have an unlimited budget, you will probably have to compromise somewhere to make a competitive offer on a house you can afford. Every buyer is different, but there are a few common themes regarding where buyers tend to compromise when looking for a house. The Condition Of The Home One area where buyers tend to compromise is the condition of the house. Most buyers would prefer to purchase a new house that is…

26

May

By Lori Blank

Real Estate

The Top Trends For The Backyard This Spring

With the weather beginning to warm up outside, a lot of people are looking forward to spending more time outdoors. If your grass is beginning to grow and turn green again, you might be thinking about hosting a party with your family members and friends. What are a few trends you should consider embracing this spring? Container Gardens A lot of people are looking for ways to introduce nature into their homes. Even though you can certainly put a few more flowers and plants inside, you might want to consider container gardens outside. You might be able to grow your…

12

May

By Lori Blank

Real Estate

Manufactured, Mobile, And Modular Homes: What Are The Differences

There are a lot of different types of homes available, and it is important for people to understand the differences. When people are considering purchasing a house, particularly a rental property, it is easy to get overwhelmed by the different houses available. Some of the most common options include manufactured homes, mobile homes, and modular homes. What are the differences? A Mobile Home A mobile home is a home that has been built with axles directly underneath the house. The axles make it easier to transport the home from place to place. The axles stay on the home even if…

11

May

By Lori Blank

Real Estate

Offering Asking Price: Is This Offer Competitive In The Current Market?

The current real estate market is incredibly competitive, and a lot of potential homeowners are wondering how they can separate themselves from the crowd. In the past, many people would think about how much under the asking price they could offer and still get the house. Now, it appears that the market has flipped. It is not unusual for a seller to have dozens of offers on the first day, so what do potential buyers need to do to be competitive? Houses Are Selling Quickly The current market is highly abnormal. According to statistics that have been published, the average…

06

May

By Lori Blank

Real Estate

A Guide To Investing In Real Estate Rentals

If you are thinking about purchasing an investment property, you probably understand this is a great way to diversify your investments. On the other hand, you also need to understand how to evaluate potential rental properties and how to make sure you can generate enough income to cover the overhead expenses related to the property. What do you need to know? Pay Down Personal Debt First Before you decide to take on a second mortgage, you need to pay down as much of your existing debt as possible. If you have unpaid medical bills, student loans, and car loans, you…

05

May

By Lori Blank

Real Estate

Understanding Your Debt To Income Ratio: What It Means

If you are looking for a home, you might need to finance it using a lender, such as a bank or a credit union. There are a number of factors that will influence whether your mortgage application is approved. Then, these same factors will play a role in the terms the lender might offer you. One of the most important factors is called the debt to income ratio, or DTI. It is important to understand how this will impact your mortgage application. What Is A Debt To Income Ratio? Your DTI is important to the lender because this allows the…

03

May

By Lori Blank

Real Estate

Common Fees During Refinancing

As interest rates fluctuate, you might think about refinancing your mortgage. This is the cost of taking out a new home loan to replace the one you currently have. If you get a significantly lower interest rate, you could save tens of thousands of dollars over the life of the mortgage. On the other hand, you need to think about potential expenses you might incur during the refinancing process. Because you are taking out another home loan, you may need to pay closing costs a second time. What are some of the most common expenses you might have to pay?…