Real Estate

15

Sep

Real Estate

Using Your Equity To Buy Another House: What To Consider

Buying a home is a dream that many people want to make come true. At the same time, many people dream of buying a second home. Perhaps you are looking for a rental property. Maybe you are looking for a vacation home. Regardless, you might be wondering how you can come up with the necessary cash to finance this dream. You might even be thinking about tapping into the equity in your current home to make that happen. It could be your down payment for your second house, but what do you need to know? How To Get A Home Equity…

14

Sep

By Lori Blank

Mortgage Tips

Thinking About a New Home? 3 Reasons Why a Mortgage Will Be the Best Money You Ever Borrow

In these days of low interest rates, it can be a great idea to get into the real estate market and invest in a home. However, if you don't have the funds saved up to buy a home outright, it may seem like more of a burden than it's worth. The good news is that you might qualify for a mortgage loan, which tends to come with more favorable terms than a traditional bank loan. Here are three reasons why a mortgage might just be the best money you ever borrow. Taking Advantage Of Low Interest Interest rates have been…

13

Sep

By Lori Blank

Real Estate

How Your Home Equity Can Help You Reach Your Retirement Goals

If you plan on retiring soon, you are probably looking at a few options that can get you over the hump. You are probably excited to start a new phase of life. With a record number of people closing in on their retirement age, many are starting to assess their resources to make sure they have enough money to last them for the rest of their lives. If you already own a home, you might be able to tap into your home equity to help you fuel your retirement. Your Home Has Probably Gone Up In Value Your house is…

09

Sep

By Lori Blank

Real Estate

Consider A Home Renovation Loan To Navigate A Challenging Housing Market

Today, there are many people who are having a difficult time purchasing a house. Even though interest rates have gone up, sales are still happening quickly. Therefore, it can be difficult for people to qualify for a mortgage, purchase a house, and get to the closing table before the property is sold. One potential way to get around the hot housing market is to consider a home renovation mortgage. How can a home renovation mortgage help you? A Renovation Loan Can Help People Buy A Less Desirable Home If you want to close on a home, you might be interested…

08

Sep

By Lori Blank

Home Tips

What To Consider When Shopping For Interior Paint

If you are looking for a way to increase the value of your home, you may have thought about putting a fresh coat of paint on it. If you have beautiful paint throughout your home, you can increase the value of your home. Even though you are probably focused on the color, you need to think carefully about several other factors. What do you need to consider when looking for interior paint for your home? Where The Paint Is Going You can start by thinking about where the paint is going. Some people like to use the same color throughout…

24

Aug

By Lori Blank

Real Estate Tips

The Quick and Easy Guide to Understanding the Math Behind Your Mortgage Closing Costs

It's amazing that in a year with extremely low mortgage rates being reported around the country, closing costs are up by as much as 6% from the previous year. Part of the reason for this is that the stricter regulations on loans have increased the costs to banks, and they always find a way to pass on new costs to the consumer. Understanding Third-Party Closing Costs When closing on a mortgage the borrower will notice a long list of additional fees that they are expected to pay for. These can range from insignificant into the thousands of dollars depending on…

18

Aug

By Lori Blank

Real Estate

The Importance Of Pre-Approval During The Homebuying Process

If you want to buy a home in the near future, you are probably aware of just how competitive the housing market is. You need to put yourself in the best position possible to be successful by getting pre-approved for a home loan. This is a very important step, particularly when you compete against people making cash offers. Learn more about the importance of getting pre-approved below, and make sure your offer is taken seriously. A Pre-Approval Letter Shows You Are Serious The first reason why you need to get a pre-approval letter is that it will show any potential…

16

Aug

By Lori Blank

Real Estate

The Top Tips For Finding The Right Home

If you are in the process of looking for a new home, you have probably realized that there are lots of options available. It can be very difficult to decide which home is right for you, but there are several important tips you should keep in mind. They include: 1. Make A List Of Your Wants And Needs First, make a list of what you need to have and what you want to have. It is very difficult to find the perfect home, but if you have a list that allows you to prioritize what is most important, the process will…

05

Aug

By Lori Blank

Real Estate

The Top Reasons To Downsize When You Retire

If you plan on retiring in the near future, you might be thinking about moving. The kids might be grown, and you might not want to take care of such a large house. If that is the case, you should consider downsizing. When you downsize your home, you trade in your larger home for a smaller one. What are some of the top reasons why you should do so? 1. Bulk Up Your Retirement Account The first reason why you should downsize is that you will free up more resources you can contribute to your retirement accounts. If you have…

26

Jul

By Lori Blank

Real Estate

The Best Ways To Get To Know Your Neighbors

If you recently moved into a new neighborhood, you might be looking for a way to meet your neighbors. Ideally, you will become friends with your neighbors. They can take care of your pets when you are out of town and water your plants when you are gone. On the other hand, how can you meet your neighbors without the process being awkward? There are a few great ways to do so. Spend Time Outside If you want to get to know your neighbors, the best way to do so is to spend time outside. Work on your lawn. Water your…