There's a good chance if your children have recently moved out that your home is feeling a lot larger than it used to, and perhaps you're re-considering the extra space. If downsizing to a condo is on your mind and you're weighing the benefits of this kind of move, here are some that might make it worth the switch in size. A Little Extra Money With the additional money you should be making off the sale of your home, there's a good chance that downsizing may provide you with extra assets to sock away for retirement, travel or whatever your heart fancies. If you don't need the money, it might … [Read More...]
One of the top ways to build wealth is to own a home; however, it can be challenging to qualify for a home loan. Not everyone has the finances to maintain a house, and some people might not be ready to settle down for a prolonged amount of time. Therefore, everyone has to think carefully before deciding homeownership is the right move. What are the top signs that someone is ready to be a homeowner? There Is Enough Money for a Down Payment One of the top signs that someone is ready to be a homeowner is that they have enough money for a down payment. Even though it might be possible for … [Read More...]
Are you currently shopping for a new home? While it's true that real estate transactions can be stressful, this stress can be minimized by following a few simple tips. For example, following proper etiquette plays a big role in making your real estate experience go smoothly, and in this post we'll share four key etiquette tips that are sure to help. Get Preapproved Prior to shopping, a buyer should check with a lender to determine the maximum loan amount they qualify for. This is proper etiquette because both the seller and the real estate broker have likely prepared themselves and assume you … [Read More...]
One of the most common dreams is homeownership; however, the cost of buying a house is rising quickly, and many children cannot afford to buy a house even after they finish school. They might be encumbered with student loans, and they could have a difficult time finding a job. Fortunately, there are ways parents can help their adult children buy a home. Help Children Build A Healthy Credit History As Early As Possible One of the biggest factors involved in an application for a home loan is the credit score. One reason why children have a difficult time qualifying for a home loan is that their … [Read More...]
Last week’s economic reporting included readings from S&P Case-Shiller Home Price Indices and the National Association of Realtors® released its monthly report on pending home sales. Weekly reports on mortgage rates and jobless claims were also released. S&P Case-Shiller Reports Show Slower Gains in Home Prices October home price readings from S&P Case-Shiller Home Price Indices showed slower home price growth in October than for September. Nationally, October home prices rose 19.10 percent year-over-year as compared to 19.70 percent year-over-year home price growth in … [Read More...]
With all of the things that you need to fit into the kitchen, being economical with how you use your space can be a very important part of making it work. If you're looking for some new ideas for how to use your space to maximum capacity, here are some hacks that might just make a marked difference! Make Use of Magnets Using magnets to hold up some kitchen essentials will not only be effective and functional, it will make for a quirky, modern space with personality. Whether you decide on a magnetized knife block for the side of the fridge or purchase some magnetized spices for easy access, … [Read More...]
