There can be a lot of excitement when it comes to the realization that you've inherited a home, but simply because it's an inheritance doesn't mean there aren't a few strings attached. Whether you're expecting to be gifted with a home in the future or you're currently going through this process, here are a few things you may need to watch out for. The State Of The Mortgage Once a home has been effectively handed over to you, it's important to determine the status of the mortgage with the lender and if anything is still owed. While you have the option of taking over the mortgage in a lot of … [Read More...]
When it comes to selling your home, there can be a lot of options on the market, and nothing is quite so competitive as having your house listed right alongside the home of your neighbor. If you're struggling with how to highlight your home to potential homebuyers, here are some things you can do to ensure it gets the attention it deserves. Engage All The Marketing Options Many people prefer their real estate agent to take care of the heavy lifting when it comes to selling a home, but there's no reason you can't go beyond the typical measures to really get potential homebuyers interested. … [Read More...]
Last week's economic events included S&P Case-Shiller's Housing Market Indices for April along with reports on Construction Spending and Pending Home Sales. Consumer Confidence was higher in June in spite of low wage growth and inflation well below the Fed's goal of 2.00 percent annually. S&P Case-Shiller: Home Price Growth Ticks Downward April home values grew by 5.40 percent in April on a seasonally-adjusted annual basis. Case Shiller reported a drop in momentum from the March reading of 5.50 percent according to the S&P Case-Shiller 20-City Home Price Index. While no city … [Read More...]
Staging a home effectively is among the best ways to make an impression on the market and get the purchasing offer you're looking for, but it's important to do it in a way that will really make homebuyers feel comfortable. While there are plenty of tricks of the trade to try, here are four ways your visitors are sure to feel right at home. Give The Exterior A Boost It's pretty easy for many home sellers to forget about the outside, but the first thing visitors to your home will see is the exterior view so it needs to be in tip-top shape. By ensuring that you've trimmed the hedges, cleaned away … [Read More...]
Due to their size and the amount of work it can take to renovate them, bathrooms can be one of the least favorite rooms in the house for many people. However, there are little things you can add to instantly improve the look of this space. Instead of ripping out the tub or repainting, consider the following decor items for a much-needed boost. Pick a Plant A plant that can stand the heat of your bathroom is an instant way to add a new and natural element to an old, underappreciated space. With the addition of a deep, rich tone of green that will provide a pleasant scent and a unique shape, … [Read More...]
Once you've purchased a home and decided on a move in date, it may seem like a lot of the hard stuff is over, but you still have one of the most important things relating to such a large purchase to think about: the payments! If you're looking for a few tips on ways to approach your monthly payment, the following will steer you in the right direction so you can broach your mortgage schedule successfully. Set Up A Payment Schedule Many people have been in the situation of neglecting their phone or credit cards by forgetting about the payment due dates, but this can cause a lot of strife when it … [Read More...]
