House hacking is a unique home buying strategy, but it is one that most people don’t always consider when preparing to purchase their first home. This strategy can help you in paying for a portion, if not all, of your monthly costs, including your mortgage. It is a fantastic way to get started buying properties. On top of…
When it comes to remodeling homes to increase property value, most homeowners look to their kitchens or bathrooms. These areas can make or break a sale. Even if you aren’t looking for an immediate buyer, improvements to your kitchen or bathroom can also enhance your personal quality of life.How much can a bathroom remodel really…
This year started like most years. However, the unprecedented COVID-19 pandemic upended and disrupted many factors of our daily life. Events around the globe were canceled as the global community worked to contain a new and unpredictable virus. While we all began the year with several plans, many of us have had to ask ourselves…
Everyone is familiar with the old adage “beauty is only skin deep.” In the real estate industry, this popular phrase could be interpreted to mean that a cursory glance of a home’s exterior cannot properly speak to a home’s structural integrity. Some of the prettiest homes on the market are money pits waiting to happen for an unlucky buyer,…
No investment makes sense without a preliminary assessment of return on investment and profit. Otherwise, it is a drain of money into the sewer. Assessing the attractiveness of buying real estate also has its own characteristics. You need to use different real estate calculations to evaluate the potential profitability of commercial or residential real estate, as well…
A condominium or condo is a building or a community divided into sectors and units and consists of different owners who manage their respective areas. They jointly share common properties like garages, playground, gym, swimming pool, etc. This kind of shared property is established through common interest development by a group of individuals coming together.…
When do you plan to get a home of your own? If you are thinking about buying or constructing your family home, now is the best time to do it! You are making the right decision. Do not delay. Realizing your dreams earlier than your expected timeline is such a life achievement. You can make this happen…
When you purchase a house, you put yourself in a long-term commitment. Aside from your commitment to residency, mortgage payments usually take a decade and five years up to three decades in total! Considering that so much goes into loans and mortgages, let this article guide you in choosing the top FHA mortgage lender. Here are tips on finding the best…
Many homebuyers opt to purchase a new house with an FHA mortgage because of its easier to qualify for and lighter on the pocket. FHA home loans offer a back-up option to those whose credit histories and financial situations disqualify them from conventional mortgages. It’s now possible to own a home with a 3.5% down…
Source You should know that your credit score affects your financial life in a big, big way. Having bad credit will affect your ability to have a loan approved, how much interest is charged on your loan, or even your chances of getting employed. Maintaining good credit is an important part of adulthood and one…