Understanding Home Equity: A Valuable Asset for Homeowners
Home equity is more than just a number on a balance sheet; it’s a valuable asset that can be used to improve your financial well-being. Whether you’re looking to make home improvements, consolidate debt, or cover large expenses, tapping into your home equity can help you achieve your goals.
Contingent vs. Pending Properties: What’s the Difference?
If you’re eyeing a contingent or pending property, you may still have opportunities to make an offer or view the home. Understanding these distinctions can empower you to act swiftly and strategically in a competitive market.
How a Reverse Mortgage Can Help Fund Healthcare and Home Renovation Needs
And with over 11,000 people turning 65 each day, the demand for innovative retirement solutions is greater than ever. We strive to enhance your financial options during retirement, providing you with the resources to navigate your golden years with confidence.
Highly Anticipated FHA 203(k) Loan Updates Coming Soon
With higher allowable renovation amounts and extended timelines, the 203k loan program is becoming increasingly flexible and attractive for homebuyers looking to invest in fixer-uppers.
Everything You Need to Know About Closing Costs
Buying a home is an exciting journey, but over 50% of first-time homebuyers are caught off guard by closing
A Homeowner’s Guide to Using an Escrow Account for Your Property Taxes
Property tax escrow accounts are a significant component of homeownership, providing a structured way to manage your property tax payments. By understanding how these accounts work, you can navigate your mortgage with greater confidence and ease.
Rental Costs Are on the Rise: Why Owning a Home Is More Attractive Than Ever
In the face of rising rental costs, the shift towards homeownership is more pertinent than ever. By taking advantage of down payment assistance programs and understanding the true benefits of owning, you can start paving the way toward a more secure financial future.
10 Home Maintenance Projects to Complete This Fall
Taking a proactive approach to home maintenance not only enhances your comfort but also helps prevent costly repairs in the future.
Why Banks Use Escrow Accounts for Homeowner’s Insurance and How It Benefits You
Navigating homeowner’s insurance and escrow accounts can seem complex, but understanding these components will help you manage your finances effectively.
203(k) Loans: Your Solution for Renovation and Appraisal Challenges
Whether you’re facing renovation funding challenges or dealing with appraisal issues, a 203(k) loan may provide a flexible solution to help you achieve your home improvement goals.
Number of Homes for Sale Increases by 19.8%: How to Navigate the Recent Surge in Inventory
The housing market is experiencing a notable shift as inventory levels increased by 19.8% year-over-year.
Real Estate Transfer Taxes: What to Consider When Selling Your Home
When it comes to selling a home, many homeowners are not aware of their state’s transfer tax,
Your Guide to Home Insurance: Strategies for Budgeting and Coverage Planning
The average annual cost of U.S. homeowners insurance is $2,511, or over $200 per month, according to Quadrant
The Future of Real Estate Commissions: Strategies for Paying Buyer’s Side Realtor Compensation
Prior to the NAR policy changes that are taking place in August 2024, sellers have historically covered
5 Important Steps to Take With Your College-Aged Children
Your child’s transition to adulthood is a special and exciting time for your family. This new stage of life, however, often comes with some additional responsibilities. Taking these simple, yet important, steps can help you and your family remain prepared and secure for the upcoming years.