There are few things that can be more stressful than buying or selling a home. When you are buying and selling a home at the same time, your stress level may understandably skyrocket through the roof. There may be financial aspects of both transactions that may be cause you stress, and you may be dealing with logistical issues or simply feel stressed by the stacks of documents piling up for both transactions. While this will inevitably be a challenging time in your life, you can more easily navigate through the transactions with success by following a few tips. Consider the Timing of Both … [Read More...]
If you are concerned about the presence of radon in your home, you are not alone. The fact is that radon is an invisible, odorless gas that may be found in buildings around the world. It is a radioactive gas that is emitted from the ground soil as trace amounts of naturally occurring uranium break down. The gas can enter a building and remain trapped, and this is known to cause as many as 21,000 deaths related to lung cancer each year, according to the EPA. Testing your home from time to time is a necessity, and you can easily accomplish this in two different ways. A Home Radon Test Kit … [Read More...]
Last week's economic news was light on housing related reports, but several employment reports were released along with the national unemployment rate, which dipped to 5.50 percent. This was a full point below the Federal Reserve's original target rate of 6.50 percent. Construction spending was incrementally lower than expected and mortgage rates also fell.Fewer Private-Sector Jobs, Non-Farm Payrolls IncreaseThe ADP employment report for February fell from January's reading of 250,000 jobs to 212,000 private-sector jobs. January's reading was upwardly revised from the original tally of 213,000 … [Read More...]
If your personal budget is similar to many other people's budgets, your home mortgage payment is by far the largest expense that you pay for each month. In fact, this payment may easily account for 20 or 25 percent or more of your take-home income. Understandably, you may be focused on trying to pay this expense off early. By focusing on this payment, you can build equity and may be able to achieve financial security more quickly. You simply have to find a way to put aside a bit of extra cash regularly so that you can make extra payments, and there are few easy ways that you can consider. Use … [Read More...]
It can take a time and effort to find the perfect home to purchase. After you have found that home, you need to convince the seller that your offer is the one they want to choose. There may be multiple offers made at the same time, and you may be in a situation where you are competing for the home. Even if your offer is the only one the seller receives, there is no requirement that they must accept the offer you make. Crafting an effective offer that will catch the seller's attention is important, and you may be able to accomplish this by following a few tips. Offer Close To The Asking Price … [Read More...]
