Everyone’s heard of Houzz and Pinterest, but these sites are a lot more than just a vast collection of online images. They also serve as fabulous resources for homeowners who need a little inspiration and help coming up with a solid plan for their next home improvement project.
Read MoreWhat does the average homebuyer in the U.S. look like in 2017? Here are a few stats that will help paint that picture more clearly.
Read MoreAs if you didn’t have enough bills to pay, homeowner’s insurance just adds to the pile. But just because you’re stuck paying this bill doesn’t mean you have to spend more than necessary.
Read MoreMany homeowners throughout the country have built up enough equity in their homes that can be pulled out and used for many of life’s major expenses. Yet while there are various ways to get that money out, one popular way is through a cash-out refinance.
Read MoreWhen you’re buying a new home, the last thing you’re probably thinking about is selling it. But not only should you consider how well the home will suit your lifestyle, you should also be thinking about how easy it will be to sell at some point in the future and what its potential value will be.
Read MoreWhen you take out a mortgage, you’ll be paying an interest portion on each monthly payment in addition to contributing to the principal. The mortgage rate that you’re quoted makes a big difference in the overall cost of your mortgage.
Read MoreAs a real estate investor, you’re likely already aware of the tax implications of selling investment properties and the profits made from such transactions. Normally when an investment property is sold for more than what was paid for it, capital gains tax needs to be paid on the profit. This can take a huge chunk off of your bottom line, but there’s this little thing called a 1031 exchange that can help keep some of that money back in your pocket.
Read MoreWhen it comes to obtaining a mortgage for a home purchase, you don’t necessarily have to use your everyday bank. Instead, you might be better off comparing mortgage packages with various lenders to see where you can get the best deal.
Read MoreIf you took out a conventional mortgage, your monthly payment will consist of more than just principal and interest components. You’ll also be stuck paying for PMI, or Private Mortgage Insurance, if you purchased your home with a down payment less than 20%.
Read MoreNo buyer is going to want to put up a huge sum of money to purchase a home that they don’t like, unless they’re specifically looking for a fixer-upper. If your goal as a seller is to sell your home as quickly as possible, your best bet is to prep it in such a way that buyers can’t help but fall in love with your place. The more attracted buyers are to your home, the more likely they’ll be enticed to put in a handsome offer.
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