With all of the home renovation and fixer-upper shows on television, the idea of completely renovating and re-doing an old home can seem like an enticing premise. Unfortunately, investing in the wrong fixer-upper can mean an awful lot of expenditure without the added financial rewards. Whether you’re considering investing down the road or are ready to dive in, here are a few things to consider first.
Entries from January 2017
Thinking About Buying a ‘Fixer Upper’? Here’s What You Need to Know
January 31st, 2017 · Comments Off on Thinking About Buying a ‘Fixer Upper’? Here’s What You Need to Know
Tags: Home Buyer Tips
What’s Ahead For Mortgage Rates This Week – January 30, 2017
January 30th, 2017 · Comments Off on What’s Ahead For Mortgage Rates This Week – January 30, 2017
Last week’s economic news included readings on new and existing home sales and mortgage rates. Also released were reports on new jobless claims and consumer sentiment.
Tags: Mortgage Rates
How Will Having a New President Impact Your Mortgage? Let’s Take a Look
January 27th, 2017 · Comments Off on How Will Having a New President Impact Your Mortgage? Let’s Take a Look
There is always uncertainty in the market in an election year, but many people are wondering exactly what kind of impact Donald Trump’s election will have on their mortgage and the real estate options available. Here are some possibilities for the mortgage market following the results of the 2016 election.
Tags: Home Mortgage Tips
3 Ways That Buying or Selling a Luxury Home Is Different
January 26th, 2017 · Comments Off on 3 Ways That Buying or Selling a Luxury Home Is Different
Selling a standard home is fraught with enough concerns about marking it at the right price and staging it properly, but it’s an entirely different ball game when it comes to luxury property. If you’re planning on selling your high-end property and are trying to determine what sets it apart from the average home sale, here are some things to consider before putting it on the market.
Tags: Real Estate Tips
Get Your Mortgage Paid Down Faster With These 5 Simple Money Saving Strategies
January 25th, 2017 · Comments Off on Get Your Mortgage Paid Down Faster With These 5 Simple Money Saving Strategies
The monthly mortgage payment can be burdensome for many, but it’s possible you’ve thought of trying to pay it down more quickly. Without getting a new job or working overtime, here are some tips you can use on a daily basis to save additional funds and pay off your mortgage at a swifter rate.
Tags: Home Mortgage Tips
4 Terrible Mistakes Made by First-time Home Sellers
January 24th, 2017 · Comments Off on 4 Terrible Mistakes Made by First-time Home Sellers
There are a lot of different factors that go into selling a home for the first time that can make it a stressful process, but there are a few things home sellers should avoid for a successful sale. If you’re going to be putting your home on the market in the near future and are hoping for quick success, here are some common mistakes you’ll want to be sure to bypass.
Tags: Home Seller Tips
What’s Ahead For Mortgage Rates This Week – January 23, 2017
January 23rd, 2017 · Comments Off on What’s Ahead For Mortgage Rates This Week – January 23, 2017
Economic news was impacted by the Martin Luther King holiday on Monday and the Presidential Inauguration on Friday. Readings released included reports on inflation, the National Association of Home Builders Housing Market Index and Commerce Department releases on housing starts and building permits issued. Weekly reports on mortgage rates and new jobless claims were released as scheduled.
Tags: Mortgage Rates
Living the Simple Life: How to Minimize Your Clutter and Maximize Your Space
January 20th, 2017 · Comments Off on Living the Simple Life: How to Minimize Your Clutter and Maximize Your Space
Many people look at a smaller living space and think that there are a lot of limitations imposed. However, a more miniature home can offer up the opportunity to be inventive with design and get creative about your abode. Whether you live in small apartment now or are thinking of downsizing in the future, here are some ideal ways to make the most of your pint-sized pad.
Tags: Around The Home
Home Builder Index Dips in January
January 19th, 2017 · Comments Off on Home Builder Index Dips in January
January’s National Association of Home Builders Housing Market Index dipped two points from December’s revised reading of 69 to 67; the index reading forecast for January was also 69.Analysts said that January’s reading was the second highest (after December 2016) since the peak of the housing bubble in 2005. January’s dip in builder sentiment was attributed to easing of builder enthusiasm, which spiked right after the U.S. presidential election. To put January’s home builder confidence reading in context, NAHB says that any index reading over 50 indicates that more builders than fewer have confidence in housing market conditions.
Tags: Home Values
Wondering How Much Mortgage You Can Afford? Here’s How to Calculate It
January 18th, 2017 · Comments Off on Wondering How Much Mortgage You Can Afford? Here’s How to Calculate It
Many people are aware of the financial commitment that is involved when investing in a home, but what that amounts to is different for every person. From what you can afford to what a lender will allow, there are plenty of details involved in determining the right home for you. If you’re not quite sure what the right price is, here’s how to approach home ownership and determine your debt-to-income.
Tags: Home Mortgage Tips