home ownership: Why Rent When You Can Own?
- 03/28/18 12:31 PM
The average cost of an apartment in Richmond as of February 2018 was $1171 a month, a 6.5% increase from 2017, according to RentJungle. With the average rent in the Richmond area rising, many renters are looking towards owning their own home instead. It can be a daunting idea at first, but there are many advantages of home ownership. The most obvious perks of owning a home are the monetary benefits. Real estate is an investment in yourself. Each time you pay your mortgage payments, you are earning equity in your home. Equity is the difference between the market value of your (0 comments)
It’s no secret that I have a special place in my heart for four legged furry friends. I love my own pups and love helping local rescues whenever possible. If pets are a big part of your life, you’ll want to look for the following when in the market for a new home: Durable Flooring Carpet is probably the least durable flooring choice for those with pets, not to mention it can trap pet odors and stains. Ceramic tile or hardwood may be preferable due to the ease of cleaning up accidents and faster sweeping and vacuuming. City and Neighborhood Ordinances For those with (0 comments)
Updating a home can be a daunting project. If it’s been some time since your home was updated, you may not even know where to begin. For those considering home improvement to prepare their home for sale, this is an especially big decision. Remodeled homes can mean higher and faster sales, but before you pull out that checkbook or apply for a home equity loan, make sure you know the smartest ways to spend your money. Basic Home Maintenance Buyers want to take things like the roof, hot water heater, siding, plumbing, and air conditioning for granted. While these aren’t the shiny (0 comments)
It can be easy to get carried away with bells and whistles when shopping for a home, but as we mentioned previously, that can lead to an emotional home purchase. So like David Letterman, I’ve put together a top ten list of things you should look for in a home to ensure you’re a happy homeowner for many years to come and a happy seller. 1. Location: The number one rule of real estate reigns supreme. Is this a location that is desirable to other buyers? But more importantly, is it convenient for you? Make sure it’s a reasonable commute, an (0 comments)
Updates on real estate market in Richmond, Virginia and surrounding counties such as Chesterfield, Bon Air, Chester, Midlothian, Hanover, Glen Allen, Henrico, Richmond, Virginia. Also thoughts on market changes in 2010, Information on housing for sale at Virginia Commonwealth University,