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]
Even in a seller’s market like the one we currently have here in Houston, it can take some time to get an offer that you find acceptable. It can take weeks, or even months if you have a unique situation. But what if you want to sell your house quickly? … [Read More]
Owning a home is a quintessential part of the American Dream. There’s nothing like being able to live on a piece of land and call it your own. But for most people, the process of home ownership is one that extends across many decades – even a lifetime.
A large portion of “homeowners” never fully pay off a mortgage – meaning they don’t actually own their homes. And if they do pay off the mortgage, it takes at least 30 years. But just because you have a 30-year fixed-rate mortgage, doesn’t mean you have to wait that long to own your house free and clear.
When buying a house, we all have the best of intentions. We tell ourselves that we’ll be meticulous in how we care for the property and won’t let things get out of hand. Then life happens, and little issues crop up here and there. Before you know it, the house is in disrepair, there’s not enough money to fix the problems, and you just live with the consequences and hope everything will miraculously come together.
But what would it look like if you stopped being passive and actually became a proactive homeowner who took initiative and did things right the first time around? Believe it or not, you’d save a lot of money and experience far less stress and anxiety.
The move into a new house is exciting … especially if it’s the first home you’ve ever owned. But it can also feature a lot of anxiety and stress.
You’re moving into a house with which you aren’t familiar — other than a couple of showings and inspections — and you’d like the process goes smoothly. In order to ensure a smooth move-in, you need to do certain things after closing … but prior to unloading all your belongings into the house.
If you take the time to familiarize yourself with the following actions in proper sequence, you can speed up the process and set the stage for a successful move-in.
When a young couple buys their first home, they generally view it as a starter home. In other words, it’s something they see themselves living in for a few years and eventually selling after their financial situation has improved and they can afford more space/features/etc…. [Read More]
Thus far, 2018 is shaping up to be the year of a buyer’s market. Houses are slow to sell as more and more individuals decide they’d to rent.
The solution for this trend could be to combine the two in a rent-to-own option. This could be the perfect solution for a seller trying to move the property and a buyer who’s hesitant to make a huge commitment…. [Read More]
One of the more interesting aspects of being a homeowner is that you’re simultaneously focused on two different priorities. First off, you want to enjoy your home. So you choose a style you like, perform small renovations, and invest in home improvements that fit your lifestyle. But secondly, you’re focused on the next buyer. Any time you do something to your house or see something in your neighborhood, you’re thinking about how it will influence the resale value of your home…. [Read More]
Much like the prices in the stock market, the prices of properties in a given neighborhood can cycle up or down, based on external variables. Hypothetically, you can use these swings to your advantage—especially if you’re considering buying a new home or selling your old one…. [Read More]
Buying a home and taking out a mortgage have essentially become synonymous over the years. Almost everyone takes out a loan to purchase a house, but that doesn’t mean you have to.
It’s a wonderful feeling to be able to buy a house with cash, and, regardless of your income, you might actually be able to do this in the future…. [Read More]