The American Dream is a pretty broad, overarching concept with a diverse array of definitions. But do you know what one of the common threads between them is? Home ownership.
Choosing to sell your home is a massive life decision that will have both personal and financial repercussions for years to come. When it comes time to sell, you have options … but one you should never select is the For-Sale-By-Owner route, commonly abbreviated as FSBO.
Buying a house is an expensive, time-consuming endeavor that’s often accompanied by large amounts of stress. As a result, most people don’t like to move more than they have to.
As the parent of a growing family, it can be difficult to purchase a house today that you’ll still find comfortable and enjoyable in three, five, or 10 years. It is, however, possible.
In the late-90’s and early-2000’s, the economy was rocking, the internet was booming, and money was flowing. As a new generation of homebuyers began accumulating wealth, a trend emerged and people started buying and building “McMansions” – larger than average homes with more square footage than the average family really needs.
Right around 2009 to 2010, there was a stark correction. Fueled in part by a crashing economy, a mindset shift occurred. People started to crave the idea of minimalism, simplicity, and small spaces. People who had previously owned 7,000-square-foot mansions were moving into moderately sized 2,500-square-foot homes and enjoying more focused lifestyles.
Unfortunately, the human mind is not a perfect instrument for making decisions. Our brains are hard-wired with cognitive biases that affect the rationality of our decisions, whether we like it or not. Learning to overcome these biases is not as simple as flipping a switch.
A lot of people have an unrealistic view of what the home buying process looks like – particularly if it’s their first time buying a home, or they have a past experience in which everything went swimmingly.… [Read More]
Have you ever dreamt of designing and building your own home? Do you have Pinterest boards filled with ideas? Do you look at homes and think, I would have done that differently? Building a home certainly isn’t easy, but it’s also not as lofty of a goal as you might think. The most important step is hiring the right builder – of which there are many.
Real estate transactions are complicated for several reasons. They involve legal, financial, and emotional aspects – many of which are intertwined together.
In order to make sure a real estate transaction involves a smooth transfer of money and ownership, there are a number of closing costs associated with a normal deal. While no single fee, payment, or tax is exuberant, they can compound and become rather expensive. Knowing how to lower your closing costs could be the difference between spending more than you have to and staying within a reasonable budget.
For many Americans, a home in a gated community is a goal that will verify wealth and success. When you live in a gated community, there’s a sense of privilege that comes with owning the property at that address.
If you wish to purchase such a home in the Houston region, there are plenty to choose from. The Woodlands is one of the most highly valued areas, and it can boast of an array of prestigious, gated neighborhoods.… [Read More]
When it comes to buying a home, most people immediately think there are only a couple of options: apartment/condo or single-family home. But ignoring the feasibility of a townhome would be a huge disservice. … [Read More]