Nothing is truer than the cliched catchphrase”Real Estate is all about location, location, location”. And in no case is this more valid than when you’re investing in rental properties. Some states, regions and even specific neighborhoods are more ‘rentable’ than others and before you drop even a dime on a downpayment you need to know… Read More
Rising rents are making it more and more difficult for hopeful home buyers to save enough money for a downpayment and closing costs. Home ownership has a mountain of advantages, not the least of which is the ability to build equity while establishing stability for you and your family. While your investment appreciates, homeowners can… Read More
Home prices undoubtedly soared over the past couple years, but as any renter can tell you, rents have absolutely exploded. According to an article in the New York Post, rent increases in 2021 were more than double what they had been in any previous year. A recent decrease in home prices has been old news for a few… Read More
This is not as unreasonable as it might sound, indeed it’s absolutely achievable. This was all new to me and I found this information fascinating. Everybody has a dream for their retirement. Some folks want to downsize and travel more, others would like a larger home maybe to accommodate more family visits. Many seniors prefer the active… Read More
Covid 19’s wide-ranging impact sadly involved much more than our health. Just over 10 Million homeowners struggling to pay their mortgage, were forced to enlist forbearance (a temporary interruption in monthly payments) to tide them over until the employment market and their financial position improved. Forbearance however does not mean forgiveness. Those deferred payments are… Read More
One might assume in these days of inadequate inventory and eager home buyers, that over-pricing your home would be a fast route to a little extra income. After all, fewer homes on the market means more competition for every listing, right? There are several reasons why the overpricing strategy will likely backfire. The first, and… Read More
So what does the term Homestead Exemption mean and how does it apply to you? A homestead generally refers to one’s owned, primary residence, and is a protection of the value or a predetermined portion of the equity in your principal dwelling place from some creditors and/or forced sale of your home.
Cost vs Value: The 4 Best and 4 of the Worst Remodeling Projects To begin with, I have just a couple notes of caution for you regarding cost vs value in a home remodel. Always consider not only the value of your own home but the value of all properties surrounding it. Research what buyers… Read More
Video: When Should I Sell My Home? Do Your Research. While video below addresses a number of considerations on the personal side of selling your home, only number 2 touches on the financial or market-savy side. There’s a lot of additional data you should scrutinize carefully when you’re considering putting your home on the market…. Read More
Equity-Rich Homeowners Accumulating Wealth and on the Move. I’ve been in this business a long time and I’ve seen several market cycles with all their ups and downs, the confident and the dismal. It’s heartwarming to see homeowners again being able to sell their home because they have equity and not in spite of it…. Read More
