Time for a Toilet Upgrade
Whether it is a cosmetic or a mechanical reason for upgrading a toilet, you may not know all the choices that are involved to choose the right one for your home. The current toilet may have cracks or leaks in the bowl or tank. It could be the aggravation...
Interior Condensation Solutions
Condensation occurs when the air has too much moisture in it which is felt as high humidity. The water deposits on various surfaces that are cooler than the air itself. Several things can contribute to the high humidity such as cooking, dishwashers,...
Selecting an agent
When a whole lobster was presented at the table of a restaurant, the customer noticed there was only one claw on it. He asked what happened to the lobster and the waiter said, maybe he lost a fight with another lobster. The customer replied to the...
Price It Right the First Time
The Internet has empowered all buyers with information and home buyers are no exception. The amount of information available to public includes details on size, condition, sales history, current inventory, recent sales, photographs, videos, school...
What every homeowner should know about their property insurance
Insurance is required on a home by the mortgage company, but homeowners rely on it for peace of mind also. Unfortunately, people may not take the time to investigate their policy and what it covers until they need to file a claim, which could be too late. While...
Want to be a Landlord?
Real estate has consistently been one of the highest rated investments available to individuals. TV shows certainly make rentals look easy and you may even know someone who has made a lot of money with them. Possibly, the thought has crossed your mind that...
Money You Saved for a Down Payment
Occasionally, buyers who can qualify to purchase a home decide to "take a break" and wait to purchase a home. When the focus of buying a home is relaxed, other uses for the money that was going to be used for the home are considered. Maybe they think how much...
Downsizing is an Alternative
It is estimated that over 15% of the population in the U.S. are over 65 years of age. With one of the most common fears of seniors being their money will run out early, it is understandable that downsizing may be strategy to meet their goals. Once the kids are...
Steps in Home Buying Process
The process of buying a home can be different based on the price range and whether a mortgage is needed. While some things are different, others are similar regardless of price, financing or local customs. Each year, the National Association of REALTORS®...
Invest in Equity Build-up
Equity build-up could be one of the biggest advantages to buying a home. There are two distinct dynamics that take place to make this happen: each house payment applies an amount to reduce the mortgage owed and appreciation causes the value of the home to...
America Still Considers Real Estate the Best
35% of respondents, in a recent annual Gallup poll that dates back to 2002, identified real estate as the best long-term investment option compared to 27% who identified stocks. The top choices included real estate, stocks, savings accounts and gold. Even...
Determining Property Type
The Internal Revenue Service considers four different types of real estate. Specific types of properties have benefits based on their classification. The determination does not depend on the property itself as much as it depends on how the property is used...
Measuring Square Footage
Square footage is commonly used to determine if a home will fit a buyer's needs. The price per square foot can be used to compare the costs of different homes and even, determine the value of a property. The challenge is what is the source of the square footage...
Checking for Water Leaks
Aside from standing water in your yard or water running out from under a sink, the first indication that you might have a water leak comes from a larger than normal water bill. Before calling a leak specialist or a plumber, there is a simple diagnostic you can...
Checking for Water Leaks
Aside from standing water in your yard or water running out from under a sink, the first indication that you might have a water leak comes from a larger than normal water bill. Before calling a leak specialist or a plumber, there is a simple diagnostic you can...
Building Equity
Owning a home is the first step to building equity. Tenants build equity but not for themselves; they build it for the owners. Equity is the difference in the value of the home and what is owed on the home. There are two dynamics that cause this to grow:...
Taxes and the Homeowner
Whether you're an owner now or expect to be one in the future, it is important to be familiar with the federal tax laws that affect homeownership. Since personal income tax was enacted in 1913 with the 16th amendment, homes have had preferential treatment. The...
Show Them You’re Serious
June and July are the busiest home sale months of the year. When inventory is in short supply and you may be competing with other offers, it is important to show the seller you're serious. Make your offer look as good as possible because you may not get the chance to...
Don’t Leave Home Without…
You've been planning this trip for some time and almost every detail has been considered...or has it? Have you thought about how to protect your home while you're out of town? What's going to make sure that everything you left is still there in you return?...
Temporarily Renting a Home
IRS has provisions for homeowners regarding the sale of a principal residence that allows for temporarily renting the home without losing the ability to exclude the gain if the home is sold under the correct conditions. The rules for the exclusion of gain on the sale...
Time to Buy Again
For people who have experienced a distressed sale of a home and gotten their finances and credit back in shape, there can still be an unanswered question of "How long do we have to wait to qualify for another mortgage." The loan types for the new loan will...
Tech to Find the Right Home
According to the 2018 Profile of Buyers and Sellers, 52% of buyers want help to find the right home to purchase. Physically locating the home is certainly part of what buyers want from their agent but finding the right home at the right price and terms is also...
Comfort Systems
Heating and air-conditioning are frequently referred to as the "comfort systems." If one has gone out in the dead of winter or the heat of summer, lack of comfort becomes a primary concern. Regular maintenance with a HVAC checklist is something that...
A Home Warranty Can Save Money
Your income tax is probably filed for last year by now and you've been through your expenses for the year. Money spent on repairs to your home is not deductible but being aware of how much you spent last year may help you make a decision that could save you...