If you’re going to sink money into a home upgrade or repair, you want it to be worth your money. The value you might get in return can be the benefit the project gives your home, money that you save in the long run, or even increased property value. Many of the top home projects might even accomplish several of these simultaneously.
Top 5 Home Upgrades and Repairs Worth Your Money Read More »
article “The Wealthy Buy Assets, the Poor Buy Liabilities, and the Middle-Class Buy Liabilities Believing They Are Assets” we explain Robert Kiyosaki’s philosophy of what makes an asset. And according to Kiyosaki, an asset puts money in your pocket while a liability takes money out of your pocket. Unfortunately, most homeowners are lucky if they break even once you include inflation, maintenance, insurance, and taxes. So in order for your home to truly be an asset you need to find ways to have your home actually pay for itself.
Clever Ways to Make Money with Your New House Read More »
Often, children leave the nest early so they can attend college or find jobs. Sometimes, they move out to simply learn how to become independent. Most of that time is spent in dormitories or apartments, but as your kids get older, they start thinking about buying their first home. Have you instilled a sense of good credit in your kids? Are they financially ready? Becoming a first-time homebuyer is the start of credit for many kids and this is something you start working on at an early age. Here are some guidelines and ideas to help them afford their first home.
How to Help Your Children Afford Their First Home Read More »
Investing in something significant, especially property, is an ordeal in and of itself. However, property investments will generally earn a decent return if you buy right in the first place.
Deciding to invest in property is risky; hence, you have to be sure and choose a property that will give you a lifelong return. One way of investing in property is through private equity representation. Private equity representation allows you to have a detailed overview of your project so that you can invest wisely and make a suitable decision. Unfortunately, it is usually only available to limited partnerships and institutions, so you probably won’t qualify if you are just getting started in real estate. This means that you will have to do your own “due diligence”.
Investing in Real Estate? Make Sure You Choose Properties with High Potential Read More »
When you’re ready to sell your home, you want to get the best price for it. Often, that means ensuring the home is in tiptop shape before you list it. Home renovations can be expensive, though, so how do you get your home looking gorgeous without costing an arm and a leg?
Home Renovations Before Selling Read More »
If you thought you wouldn’t need to negotiate when buying a home, you’re wrong. There is no one else who will get you precisely what you want, at the time and price you prefer, but you. True, expert real estate agents will do what’s in their power to find a house that suits your needs. But not many, if any, will help you get the best price. They only get paid if they make the sale so if you agree to the asking price it makes their job much easier. Otherwise, there can be lots of “back and forth” and even the possibility of losing the sale.Â
How To Negotiate When Buying a Home Read More »
Buying a new home is an exciting milestone, yet it can also be stressful and complicated. If you aren’t alert, you may end up broke or purchase a home that does not suit your lifestyle. To avoid this, you need to prepare your finances in advance.
Growing Family: How to Set up Your Finances for a New Home Read More »
Buying your first home isn’t easy, and the process can be daunting. On top of that, most lenders want or require a 20 percent down payment and a credit score of at least 620. While 20 percent might not seem like a lot, depending on the type and size of house you’re looking for, it can be a hefty sum. Additionally, if you don’t have much of a credit history, it can take some time to boost it to a desirable number. However, there are many different programs that are meant for buyers just like you. Below are some of the more common first-time buyer programs available.
What Types of Financial Assistance Are Available for First-Time Homebuyers? Read More »
Real estate can prove to be a profitable investment, generating both profits in rent and appreciation. Making money in real estate investing takes some determination and the right systems. However, after putting in the effort, you have a fair chance of making a good sum of money while broadening your portfolio. Here are four ways you can make money in real estate.
Tips for Making Extra Income Through Real Estate Read More »
At some point, your family may need to move into a new home. Whether it’s because your family is growing, because you’re downsizing, changing jobs, or because you just need a change of scenery, it’s not too uncommon to find that you need a new home. Before you do that, though, you do need to know what you can afford. Fortunately, there are some factors that you can consider to determine what you can really afford for your next family home.
How to Know What You Can Afford for Your Next Family Home Read More »
People often connect downsizing a home with retirement, as many homeowners who have become empty-nesters may be unable to cover the costs of a big family home on a fixed income. Elderly citizens still make up the majority of the population who see downsizing as a way to economize. However, it is not only the seniors who look at downsizing as a way to cut costs. More and more young people give up on big homes in favor of less costly residences. While lower expenses are the main reason, there are a few other benefits of downsizing a home that make it so widely popular.
7 Benefits of Downsizing to a Smaller Home Read More »
Buying a home is an exciting adventure. Whether you want a cottage on the outskirts of town or something in the downtown area doesn’t matter, the best part is it will be all yours. Before you commit to a mortgage payment, you must separate your emotion from good financial sense. Good financial sense means that you must make sure that you can afford the home you choose. You don’t want to commit to a larger home than your budget can afford, even if the bank gives you the approval.
How to Figure Out How Much House You Can Afford Read More »
