Owning property is the ultimate goal for many of us. However, aspiring homeowners don’t always realize that one cost, property taxes on their home, can go up or down every year. Actions homeowners take such as home improvement to increase the value of the home, can result in a bigger property tax bill.  Below, we […]

POSSIBLE SCENARIOS IN SELLING YOUR HOME AND BUYING A NEW ONE For many who are contemplating selling their house also think about aligning their sale with the purchase of their own new home.  Not working towards this solution can be costly. Renting or paying a double mortgage for the five-month period before you move into […]

Homeownership is one way to grow your wealth. Most of the time property values tend to rise while you pay off the mortgage. When you pay off the principal on your home and the value rises, you gain equity in your home. This is the monetary value between the amount you owe and the possible […]

Buying an as-is home comes with some unique advantages. However, you’ll want to take some steps to ensure that you’re protected once you move in. What Does “Sold As-Is” Mean? A seller lists a home for sale as-is when they don’t plan to perform any repairs before the closing. When you buy such a home, […]

Does Shopping Around for a Mortgage Preapproval Hurt Your Credit Rating? For serious home shoppers, especially in competitive housing markets, it isn’t enough to be prequalified. You also need to be preapproved for a loan amount equal to or greater than the price of the home you’re considering (minus the down payment).  That said, stringent […]