A reverse mortgage is when a home owner(s) who is at least 62 years or older convert their home equity into cash. Basically, it is a loan for the home owner and the property is used as collateral. The loan is not paid back unless the home owner moves out or passes away. Reverse mortgages […]
Refinancing booms hit whenever mortgage rates drop significantly, falling below the trigger rate for many homeowners. This trigger rate is not the same for everyone — it’s the rate a homeowner decides is low enough to make refinancing worthwhile. There have been several refinance booms since the early 1990s. Generally, if refinancing will save you […]
The coronavirus has definitely affected everyone around the world in some way. In some cases, people have fell ill or even worse, died from the virus. There has been nationwide lockdown across the globe, effecting businesses and of course the economy. But once the Covid 19 pandemic is over, how would things change and what […]
Staging your home is a very good way to get a property sold quickly. Home staging is the act of cleaning, rearranging and remodeling parts of a property to make it more appealing to potential homebuyers. According to the NAR, a well-staged property increases the dollar value that buyers are willing to offer. However before your eyes turn into […]
When your property needs work, it can be challenging to put it on the market without investing in any upgrades or fixing repairs. However there is still a high chance that your property can still get sold. Whether the property is very old with a lot of wear and tear, fixer upper properties can be […]
Are you thinking about selling your home without using a realtor? Selling your home without using a realtor can be very effective and profitable. Before taking that route though, you must keep in mind that the process is far from easy. You’ll have to invest a lot of time doing the work an agent would […]
When reselling your home, it is important to find out the value. When it comes to residential properties, there are several factors that determines the value of a property that each hold different weight when evaluating your home. Ultimately, the value of a home all depends on what a buyer will pay for the […]