The worst thing that you can possibly do is “buy” a house for your children. If you truly want to help – and I introduce here the stark difference between enabling and helping – then you must be strategic, deliberate, and overly communicative.
Just by asking this question you have a winning lottery ticket in your hand. Your parents have a house to potentially sell you. That’s a rare scenario. Many parents may not own a house and of those that do – (B) most of those homes wouldn’t warrant your interest in buying it and other reasons.
This article will guide you through the labyrinth of options available and what you should consider if you’re in the market for self-storage units.
In 2020, MassLive reported that at least 2,000 homes in Massachusetts have crumbling foundations due to pyrrhotite. The state estimated at the time that the cost to fix all these homes would total $350 million. Roughly, fixing the problem would cost $150,000 to $250,000 per house.
Landlords are in the investment business – buying apartment buildings to provide a Return-on-Investment (R.O.I) to an investment fund that owns the building. The best way to increase the investment value of an Apartment portfolio is to boost the profitability of it.
A mortgage is one of the best financial product inflation hedges ever created. What do I mean by inflation hedge? Let’s call it protection against inflation, or totally outside of the effect of inflation.
Can I Sell My House without a Realtor? Yes. You absolutely can. It’s legal to do so and you don’t need a license to sell your own home. For every vote that you can do it yourself, you will get 99 votes that you shouldn’t. This answer is the 1 vs the 99. To sell […]
An apartment provides you with a safe place to operate from and clean accommodations for your life. Here is a list of some of the things funny and practical that you can’t do from your apartment – only in your own home.
Without bias, I’m going to let my author-self write like this is instructions to my children. Before taking any “First Steps to Home Ownership” you will need to plot a course. The investment in that plan will have a tremendous return on the time to create it. With a completed written plan course map you will take fewer overall steps in the process.
How will rising interest rates affect the future price of buying a new home? There’s more at play here than only soaring interest rates.
Should I renew my apartment lease or buy a home for myself? You’re curious about options and curiosity is a great mindset to be in. It sure beats asking questions later like, “How do I break my lease?” or “how did my new home lose so much value?”
The keyword in the answer to this question is “amicable” as in the communication and resulting terms being such. With the support of the goal of one party keeping the house by both parties, it can be done.
Thinking about buying a home in 2022? If so, you may be keeping a close eye on current mortgage rates. It can be hard to predict how rates will change in a given year, and rates alone aren’t the only thing to consider when buying a home, but they do have an impact on your finances.
What happens when the housing market crashes? Notice the question is when not if. A housing market crash is as inevitable as an outbound tide although some lunar tides reach higher or retreat further. This feels like a lunar tide to me.
Homes in rural areas are generally much less expensive than those in cities and the suburbs. For the same price as some suburban homes, you can often purchase a great house on several acres of land in a rural environment. If you’ve ever been interested in starting a homestead or owning horses, buying a home in the country could be your first step toward realizing those goals.