The Positives:Direct Control ndash; When investing in real estate, you have direct control over your asset. You select the property ndash; value, size, neighborhood. You decide what repairs to make. You select your contractors. You choose to flip or choose suitable tenants. hellip;. You get the picture? Itrsquo;s in your hands to control and not...
A jumbo loan is one where the loan amount exceeds current conforming loan limits. Conforming loans are those that conform to standards issued by Fannie Mae and Freddie Mac. One of the many requirements for a conforming loan is the loan limit which is currently 484,350 in most parts of the country. In higher cost areas where home values are much ...
Here are the top 10 reasons why your home isnrsquo;t selling and donrsquo;t worry, most of them are fixable.1. You Lack Marketingldquo;If we build it, they will come.rdquo; This doesnrsquo;t prove true for many new and sometimes, useful products. And same goes for when you put your home up for sale. Just putting it up on the market isnrsquo;t en...
Set Your ThermostatIf you will be leaving your house unattended during the winter months, make sure your thermostat is set to 55 degrees. This will keep your house warm enough to prevent freezing and bursting water pipes, which can cause severe flooding and water damage. If your travels take you away from home during warmer weather, you should l...
Plumbing affects several areas in your home from the bathroom to the kitchen. Plumbing problems can arise suddenly, without warning. While some minor issues are easily fixed, some difficulties can quickly escalate into a major crisis that causes damage to your home. If this isnt taken care of immediately, you can suffer thousands of dollars in ...
1. Plan of AttackDont enter alone. And use the buddy systemmdash;if for no other reason than you may get overwhelmed and lost in your own sea of debris. Friends, family, and the kids can all lend a hand to get the job done quicker and to help keep you on track: its easy to get distracted rooting through the objects of your past.The first goal of...
Defraying the cost of a mortgage is great, and, in some cases, taking in tenants can be lucrative, more than covering your entire payment and putting money in your pocket every month. But, inviting roommates into your home also comes with its share of potential downsides. Here are a few things you may want to weigh before you hand over the keys....
Freddie Macs results of its Primary Mortgage Market Surveyreg; shows that "despite the recent rise in mortgage rates, both existing and new home sales continue to show strength ndash; indicating the lagged effect of lower rates on housing demand. This, along with improved affordability, should push housing activity higher in the coming months."b...
Do you know the true costs of homeownership?Yes, you have a handle on what your principal, interest, taxes, and insurance are going to cost. But have you factored in the other costs? Homeownerrsquo;s association fees, tolls, gas, and other commuter costs, landscaping help, and increased utility costs could all add to your monthly expenses and pu...
A recent survey of young urban families in Canada found that proximity to public transit is one of their top considerations when purchasing a home. The survey found that 28 per cent of families rank transit-friendly neighbourhoods as a priority, while 17 per cent considered car-friendliness is a priority. Four per cent cited cycling-friendly nei...
Are you open to either? Do you feel like the right home will ldquo;speakrdquo; to you regardless of the number of floors? Letrsquo;s take a look at some of the realities of living of both, with a few things you may not have thought of.Cost-per-square-footA one-story home may seem more expensive if itrsquo;s priced against a larger two-story home...
However, if you are looking to invest some money but either have enough property already, or just fancy something a bit different, could Bitcoin be the answer yoursquo;ve been waiting for?Investing in Bitcoin comes with a mighty element of risk, but then this could be true of investing in anything as you can never guarantee a positive return on ...
Yet while both are approved in much the same manner, there are some approval differences that need to be pointed out. This can be especially important if the sales price on a home is very close to either choice. Perhaps a home is listed at 600,000. With a 20 down payment the loan would be 480,000. With a 10 down payment, it would fall into the j...
Thatrsquo;s because whilst homes can appreciate in value, pools do not. A pool is like a motor vehicle ndash; once it has been used, its value starts depreciating, and a pool that is more than 10 years old would have almost no value at all in a real estate transaction.Of course, there are exceptions to that general rule. A well-constructed concr...
The Workout SpaceMaybe you have already thought about or tried a temporary workout space. This would be a multifunctional space like a yoga mat that can be set up in the living room then put away. Itrsquo;s quick and easy and there are plenty of workout routines that can be done in a fairly small space including lifting weights or doing squats a...
Finding the right Realtorreg; to help you with buying or selling a home can seem daunting. Your best friends sisters cousin may be an agent referral but does that mean that theyre the right agent to fulfill your needs? Getting referrals from friends and family is great but sometimes those referrals dont work out and can lead to strains in >Crede...
THEYrsquo;RE GORGEOUSTodayrsquo;s power-loomed rugs are designed with the same, intricately detailed patterns that yoursquo;ll find in fine hand-knotted rugs. Rug-makers have come a long way in developing power-looming technology, using computer-driven looms that control every aspect of the weaving process. Modern looms can incorporate many more...
Just Try to Keep Them OutYou can generally keep others from entering and using your property - but not always. In rural areas, trespass is usually someone either taking a shortcut over someone else or using anotherrsquo;s property for recreation, like hunting or ATVing.Country-property owners normally find one of three types of trespassers:1 Tho...
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