real estate: Rent or Buy? Here's How To Decide.
- 04/13/18 08:07 AM
Wondering if you should buy a home or keep renting? You’re not alone. Millions of people are faced with this decision every day, and your move is dependent on a variety of factors: your income, ability to manage maintenance costs/upkeep, how much you’ve saved for a down payment, job stability, the housing market, rental vacancies, monthly payments, interest rates, proximity to work and school – the list goes on.
If you’re stuck trying to choose which option is best for you and your family, the New York Times has a cool tool worth checking out: a rent vs. buy calculator. Input items such … (1 comments)
real estate: 3 Things to Consider Before Using a Short-Term Rental Site
- 04/04/18 02:42 PM
Once upon a time, the idea of renting out your home to a stranger while you left for vacation was considered quite odd. Enter changing consumer attitudes, the "sharing economy" and online services such as Airbnb, FlipKey (owned by TripAdvisor) and VRBO (owned by HomeAway, which is now owned by Expedia). Today, renting a room in your house (or the entire house) to unknown travelers isn't an outlandish concept. Short-term rentals provide an income opportunity for owners and a unique way for visitors to experience a city. What better way to get the local experience than staying with – or renting from – … (0 comments)
real estate: Conventional Program is STRONG alternative to FHA Mortgages!
- 02/20/18 01:13 PM
Many prospective homebuyers are being hit with a few harsh realities. The first, finding a home that is affordable is hard, especially finding an older one that you might want to fix up and build equity into. The difficulty is compounded when you try to buy it with an FHA mortgage, which is a great program, but it does have certain "unflexible" components that dictate the physical condition of the home and it NEVER goes away! (FHA Mortgage Insurance is paid at closing AND every month inside your payment, until you pay it off!) Well, Fannie Mae has a mortgage product that a number … (0 comments)
real estate: 5 Tips for Buying a Home!
- 02/19/18 03:41 PM
Looking to buy a home? Here are five essential tips for making the process as smooth as possible. Get your finances in order. Start by getting a full picture of your credit. Obtain copies of your credit report. Make sure the facts are correct, and fix any problems you find. Next, find a suitable lender and get pre-approved for a loan. This will put you in a better position to make a serious offer when you do find the right house. Find a house you can afford. As with engagement rings, there’s a general rule of thumb when it comes to buying a home: two-and-a-half … (0 comments)
Wondering if you should buy a home or keep renting? You’re not alone.
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