If you’re a homeowner, your mortgage payment might be the largest financial obligation you have each month. An unmanageable mortgage payment can sap your monthly income and reduce your ability to save money, pay bills or otherwise meet your financial obligations. Traditional lender expectations have suggested your housing expenses shouldn’t exceed 28% of your gross income. But with the prices of homes today, it is hard to find a house that meets this ratio. As such, here are 9 ways you can lower your monthly mortgage payment, get closer to that figure and save money in the process. 9 Easy Ways To Lower Your Mortgage Payment #1. Refinance For A Lower Interest Rate Refinancing your home can help you lower your interest rate, thereby … [Read more...]
50 Things To Do If You Plan To Sell Your Home This Spring
Have you heard? It’s a seller’s market. Well, in most zip codes at least. But a hopping home buying season doesn’t necessarily mean your home will go well over asking price just by putting up a 'For Sale' sign. There’s still plenty a seller must do if they want to get the best price for their soon-to-be-former digs. Here are 50 things to do if you plan to sell your home this spring. 50 Things To Do To Get Top Dollar Selling Your House #1. Learn The Market The reports of a seller’s market are greatly exaggerated, which is to say every zip code is different. If you want to expedite a sale, your “property has to be marketed properly and be priced appropriately,” said Glenn S. Phillips, CEO of Lake Homes Realty. “The feeding frenzy of a … [Read more...]
Keep Your Money Where Your Home Is (Energy Saving Tips)
Our daily habits and homes are becoming more energy efficient. This allows you to keep your hard-earned money in your pocket and help conserve energy on a greater scale. New home technology and these energy saving tips will help you pinch more than a few pennies. Research shows that over the last 22 years, American homes have saved over $362 billion by embracing energy efficiency. Last year, the European Union embarked on a plan to conserve 20% energy by 2020. The narrative is the same in developing countries. Everyone is trying all they can to conserve energy. The UN has started an initiative, Sustainable Energy for All, whose objective is to be energy efficient by 2030. The question is, how can you be part of this global effort? By … [Read more...]
What You Should Know Before Becoming A Landlord
With numerous shows on networks like HGTV showing the ease at which entrepreneurial spirits can make their mark on the real estate market, it’s easy to see why so many people are interested in becoming landlords. However, this venture isn’t as easy as television makes it out to be. This is a business endeavor rife with risks, costs, and stresses, and it’s important to understand all facets of the process before purchasing a property and listing it on a rental website. In this post, I'll walk you through 4 tips to consider before jumping into the water and becoming a landlord. 4 Things To Know Before Becoming A Landlord #1. Do Your Research Use as many resources as possible to find the right landlord advice. Read as much literature on the … [Read more...]
12 Tips You Need To Get Your Home Buying On Track
Thinking about hitting the road and making the big move? If you’re on the lookout for a house and you’re doing it for the first time, then here are a few things to help you find the property of your dreams. 13 Tips For First-Time Home Buyers #1. Determine Your Budget How much money can you spare for the home? Knowing your budget should be the first step in the buying process. Ask yourself these questions: How much can you afford? How much is your buying power? What you can afford will largely determine the kind of home you’ll end up with. #2. Get Financing Unless you have money saved up and you’ll be paying for your brand-new home with cash, then you’ll likely need to take a look at financing options. While banks are a good … [Read more...]
Tips For Purchasing Your First Vacation Home
Airbnb is great, and hotel rooms provide some awesome doses of luxury, but after a while, not having your own space in your favorite (and often frequented) vacation spot becomes a bit of a drag. Cue an ingenious idea: Why not purchase your own vacation home and rent it out for extra income while you’re not there? It seems simple, but it truly is anything but. Despite the challenges that face second house purchases, vacation homes now make up about 21 percent of all home sales. If you’ve decided to make an investment on a vacation space, keep the following tips in mind. 3 Tips For Buying A Vacation Home Take A Hard Look At Your Budget Costs for a second home go far beyond the initial purchase price. You must also take into account the … [Read more...]
Top US Cities To Move To
Moving may be on your list this year, but if you don’t know where you want to move to we’re going to introduce you to some great cities. Here are our top US cities to move to in 2016. Top 6 Cities To Move To In 2016 6. Houston, Texas Houston has a booming technology sector. It doesn’t have the glamour of Silicon Valley, but there are plenty of jobs. If you have the qualifications, there’s no reason why you can’t find a great starting salary to begin your new life. Not to mention the cost of housing is very affordable right now. You can find other reasons in this article here. 5. Omaha, Nebraska This small city comes with a tiny 4.7% unemployment rate. Median incomes are high and it comes with plenty of higher education facilities to … [Read more...]
4 Effective Mortgage Tips For Home Owners
From deciding to invest in real estate to purchasing your first property, home ownership is a daunting task for a first-time investor. Buying a property requires a lot of your time and money. Thus, it is a fulfillment and a priceless moment when you finally get to own a property. Turn your home ownership dream into reality by searching for comprehensive and top-of-the-line mortgage services. Whether you want to refinance your existing mortgage or purchase a new home, you have to count on seasoned mortgage experts to assist you throughout the process. Start Your Own Search Search for an investment on your own. Even if you want a real estate agent to help you complete the purchase of new home or rental property, it is still best if you … [Read more...]
5 Outstanding Residential Projects For Sale In Sunny Isles Beach
Florida is a great state to live, it has many wonderful cities to reside, beautiful beaches, high employment rates and lower cost of living in comparison with other states in America. These are just some of the advantages of living in this paradise. On this occasion we bring to you five luxury residential projects available for sale in Sunny Isles, this family oriented community just north of Miami Beach has large plazas, shops, restaurants, clean public beaches and is near to Downtown Miami, Pembroke Pines, Fort Lauderdale and South Beach. This is an exclusive and convenient location to raise your family and to live the life you have always wanted in the Sunshine State. … [Read more...]
What’s The Best Way Of Improving My Chances Of Getting A Home Loan?
The easy to find home loan solutions of the housing bubble years are a thing of the past. Lenders, such as NPBS, are now far more wary of parting with money and cash is king in the real estate market. People haven’t stopped wanting to buy their own home just because it’s not as easy. So if you are looking to get a home loan what can you do to improve your chances of being successful in your application? What Is The Health Of Your Credit? The most important thing to be aware of, before you make any decisions about applying for a home loan, is what your credit score looks like. It’s easy to check this information out and once you have the details you can then interpret how strong your position is from that point of view. Your credit … [Read more...]
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