finance: 3 Reasons to Finance Your Home Improvements - 05/13/19 07:56 AM
If you’re thinking of paying cash for home improvements, you may want to think twice.  Here are three reasons why you may want to consider a cash-out mortgage refinance or home equity loan instead:
1 – Preserve your cash: a large home improvement project could quickly deplete your savings. Think about this project in the context of the next 3-5 years. What other large expenses could crop up during that time period, and would it be useful to keep your savings on hand for those items?
2: Opportunity Cost of Money: would it more useful to invest that money in a college savings plan or … (1 comments)

finance: 3 Pitfalls to Avoid When Selling in a Seller's Market - 09/24/18 10:08 AM
 
1 – Don't accept the highest price offer without asking the right questions. 
For example:
How strong is the buyer's financing approval?  Even the buyer claims to be "pre-approved", the deal may fall through because of financing conditions unrelated to the property itself. Is the buyer willing to waive the financing contingency?  The buyer may be able to make the offer contingent on an appraisal, title, and other property-specific items instead of the much broader financing contingency found in most purchase agreements.  This way, you know the lender has already fully approved the buyer's credit report, income documentation, and asset documentation. What will … (3 comments)