Wealth is within reach for many people; however, according to a recent study, 63 percent of Americans said it’s not likely they’ll become rich.1 While younger people are more likely to say they’ll achieve wealth one day, only 34 percent of people aged 30 to 49 and 21 percent of people aged 50 or older […]
The Home Equity Playbook
What is Home Equity? Home equity seems to be a very simple calculation — the total amount of mortgages owed subtracted from the current market value of a home. Here is a simple example: Current Home Market Value $325,000 Existing Mortgage $225,000 Homeowner Equity $100,000 One side of the equation is well defined, and it […]
Handy Guide for Staging Your House One Room at a Time
You want your home to be appealing to potential home buyers. One of the best ways to do this is through staging. You don’t have to be a professional designer or spend a lot of money to get your house show ready. Just follow this guide to staging your house one room at a time. […]
Common Reasons Why a Home Appraisal May Come in Low
When the appraiser comes back with a lower amount than you expected, it can be a bit shocking. It’s better to know in advance what commonly causes an appraisal to come back on the low end so that you can do whatever is needed to help ensure your house gets the right numbers. Some things […]
What Happens After My Offer is Accepted on the House?
With trembling hands you’ve waited to see if your offer would be accepted on the house you can’t wait to call home. Joy fills your heart when your real estate agent tells you that the home seller accepted your offer. After you celebrate your victory, the unknown may sneak up on you and try to […]
Houses to Avoid When You’re a First Time Home Buyer
It’s an exciting time in your life. You’ve decided to step out there and purchase your first home. With so many options available, you may lose sight of what’s important when thoughts of your dream home produce those rose colored glasses. Here are a few houses you should avoid when you’re buying your first home. […]