Monthly Archives: February 2017
Not Available for All Buyers
Lenders regularly publish mortgage rates but they may not be available for all buyers. Imagine that the mortgage payment based on an advertised rate influenced a buyer to make an offer on a home. After negotiating a binding contract, this buyer makes a loan application and finds out that for any number of possible reasons,... Read More
Friday HOME MATTERS
Our weekly round-up of real estate-related tips and advice from around the web- Enjoy! Photo by Norrgavel – Search Scandinavian dining room design ideas 9 Ways to Nail This Whole Family Dinner Thing – houzz In an ideal world, your family would sit down at a reasonable hour every night for a hot, made-from-scratch meal.... Read More
Six Reasons to Consider Rental Homes
Single-family homes offer an investor the ability to borrow large loan-to-value amounts at fixed interest rates for long terms on appreciating assets, tax advantages and reasonable control. Some of these characteristics are not available through other investments. 75-80% loan-to-value mortgages are available on most residential properties up to four units. Comparatively, the stock market allows... Read More
Friday HOME MATTERS
Our weekly round-up of real estate-related tips and advice from around the web- Enjoy! Pet Odor Chasing Buyers Away? 8 Ways to Clear the Air – HouseLogic.com Having pet odors inside your home can turn off potential homebuyers and keep your home from selling. Ask your real estate agent for an honest opinion about whether... Read More
What Would You Give?
Yogi Berra said he’d give his right arm to be ambidextrous. While most first-time home buyers are not going to that extreme, it is interesting to see what sacrifices are being made according to the National Association of REALTORS® 2016 Profile of Home Buyers and Sellers. 43% – cut spending on luxury or non-essential items 34% – cut... Read More
Friday HOME MATTERS
Our weekly round-up of real estate-related tips and advice from around the web- Enjoy! Sick of Winter? These Houseplants Will Perk Up Your Mood Real talk: “JanuFeb” can be grim. The holidays are a distant memory, and now you have to slog through a barrage of dark, frigid days until spring makes its glorious appearance.... Read More
Mortgage Loans from Relatives
Occasionally, when dealing with close relatives who might also become heirs, signing a note and handling the paperwork properly may seem like a needless effort but it could mean the difference in being able to take a legitimate interest deduction. Home mortgage interest is deductible only if the loan is a secured debt which involves the... Read More
Friday HOME MATTERS
Our weekly round-up of real estate-related tips and advice from around the web- Enjoy! My Experience Building a New Construction Home When my fiancée and I were home shopping, we looked and looked, and did a lot of comparisons. Price comparisons, size comparisons, what we’d need to fix in the future. We were both first-time... Read More