Buying a home can be a fantastic investment, but it also comes with its fair share of responsibilities, obligations, and financial strains, especially if you’re considering purchasing a home with someone else. While it’s very common for married couples to purchase homes jointly, it’s also not uncommon for people to purchase homes with those they aren’t married to, though this does have pros and cons. Here are some helpful questions to ask yourself when considering buying a home with a significant other, friend, or relative.Continue reading
Let’s cut to the chase, the new home journey can be overwhelming. You’re excited to start your new life, but getting there can feel like a lifetime of preparation. From cable to comforters to crock-pots, there’s a lot that goes into moving into a new home. If you don’t stay organized, move-in day can be a total bust. It’s common to worry, but lucky for you, this ultimate new home checklist will put your mind at ease and simplify the moving process.
Real estate investments provide the perfect vehicle for increasing your monthly cash flow, growing your net worth, and achieving financial independence.
But investing in a property is a big decision. Before you make the leap to real estate investor, you need to make sure you’re ready to handle everything that comes with that title.
Here are three questions to ask yourself to help you decide if you’re ready for your first investment property. How many of these can you say yes! to?
Far too many buyers and sellers hire the very first real estate agent they contact. But real estate transactions are a big deal, and you deserve the best possible representation. Before you choose your real estate agent, invest some time in researching multiple agents and finding the agent that best suits you.
First, do your homework! You should be able to learn a lot about your agent candidates online. Including things like:
Selling your home is a big decision that you don’t want to take lightly. When it comes to putting your home on the market, you don’t want to make a mistake that will end up costing you much more than you anticipated. And once you decide you want to sell your home, there are many things to think about before listing it, including the time of year (and time in your life) you choose to sell. Here’s what you should consider before selling your home, and whether or not there is a perfect time to do so.
Very few things in life can make you feel safe, proud and happy at the same time. Being a homeowner gives you these and more. You may not think about it this way, but owning a home is a great achievement. With today’s real estate prices, to afford a house is no easy feat.
It doesn’t take a genius to understand the advantages of buying a house over renting, so long as your finances can handle it. With real estate value getting higher and higher by the day, homeownership is an investment that builds equity and grows with time.
The amount of money you put into that piece of real estate property is not a joke. That said, you must do everything in your power to protect it. How, you ask? Well, learning your rights as a homeowner is a pretty good place to start.
In this post, we’ll look at five common home seller misconceptions and we’ll set the record straight on each!
1. Pricing high will leave room for negotiation.
Overpricing your house is always a bad idea.
Buyer’s agents know the market, and they can spot an overpriced listing from a mile away. When buyer’s agents see an overpriced listing, they assume the seller is either 1) unreasonable, or 2) not serious about selling. Either way, agents don’t want to waste their time, or their buyers’ time, touring the house and making an offer they think will be rejected.
So an overpriced house will sit on the market until the price is reduced. And by that time, the excitement over the new listing has worn off. Even worse, buyers might see the reduction and think the price had to be reduced because of a problem with the house.
Always price your house fairly and let the market do its job.
Smart homes are the next big thing. You may not realize it yet, but somewhere your day will be easier because of it. Smart home technology is not only impacting the homes its installed into. Its reach stretches to other industries like business, science and even health care. Continue reading
Overall, there’s been a lot of discussion about millennial home-buying habits. While the housing market has recovered since the 2008 bust, many millennials are still not buying homes. It’s a divergence from an old pattern in the United States, where home ownership has always been viewed as one of the key pillars to building wealth. According to research from the Urban Institute, home ownership among millennials aged 25 to 34 is eight percentage points lower than baby boomers at the same age and more than eight points lower than Generation X. Continue reading
Twelve days before Thanksgiving, Mark Meaney and his wife, Sue, decided to put their 109-year-old house on the market. They looked at comps of similar-sized homes near their St. Paul neighborhood, agreed on a price with their agent and waited anxiously for their first offer to roll in. Continue reading