Are you ready to make that leap from living at home or renting to owning a home of your own? While everyone moves at their own pace, here are some signs that you can use to determine if it is time to own your own home. Let's take a look at some of the reasons you can use to justify your decision. Are You Sticking Around? If you plan on moving soon for a job or think that you won't be in town much longer, it may be better to rent. However, if you are thinking about living in the same town or within the same county for years to come, it is time to put down roots. The stability that comes with … [Read More...]
In your imagination it seems like a great idea - you purchase an older run-down property and you have the chance to fix it up and turn it into the home of your dreams.
To Renovate, Or Not To Renovate
However, the renovation project that is simply a quick montage in your imagination will actually take several months or years and thousands of dollars in real life.
The concept of renovating a "fixer-upper" property is exciting, but the reality is a lot of work and investment. How can you make sure that you are making the right choice for you?
One of the main advantages of buying a fixer-upper … [Read More...]
When people are thinking about moving, they want to make sure they find the right neighborhood. At the same time, it is not always easy for how many hours to decide where they are going to live. Particularly if they are not familiar with the local community, there are a few important points that everyone should keep in mind. By thinking about these factors ahead of time, potential homeowners are going to place themselves in a position to be successful when they purchase their next home. Consider The Importance Of The Schools Many people who are moving are looking for a bigger house … [Read More...]
For those who are thinking about buying a house in the near future, they are probably in the process of tabulating up all of their expenses. One of the common expenses is home insurance. Even though home insurance is certainly recommended, is it actually required? There are many situations where it is required. At the same time, even when it is not required, it is still a good idea. When it comes to homeowners’ insurance, there are a few important points to keep in mind. Why Home Insurance Is Required By A Lender For those who are taking out a mortgage to purchase a home, most … [Read More...]
Last week’s economic reporting included home price data from Case-Shiller Home Price Indices along with readings on pending home sales, new home sales, and consumer sentiment. Weekly reports on mortgage rates and jobless claims were also released. Case-Shiller: August Home Prices Rise at Fastest Pace in Two Years Home prices rose at a seasonally-adjusted annual pace of 5.70 percent in August according to Case-Shiller’s National Home Price Index. U.S. home prices rose by 4.80 percent in July The Case-Shiller 20-City Home Price Index showed 5.20 percent year-over-year home price … [Read More...]
As a society, it seems like we've gotten away from appreciating our homes for their emotional and sentimental worth. Instead, we focus solely on their monetary value. An Appraiser Can Estimate A Home's Monetary Value, But To Gain A True Concept Of Your Home's Worth, You Must Also Take Into Consideration: Pride Of Ownership. You don't buy a pair of Prada shoes because you're going to be able to resell them and make a profit. You buy them because they make you look good and feel good. Security And Stability.Your home provides a roof over your head that's in your control. You can decorate … [Read More...]