Category Archives: Real Estate

Home Renovations: When to Pull the Trigger

The time and cost you are willing to spend on a home renovation should be directly tied to the reason behind said renovation. If you want to spruce up your home because you plan on living there the rest of your life then it might make sense to put on an addition to the house. However, if you are thinking about selling your house in the next year or two and only want to make it more marketable then you need to be more mindful about the renovations you undertake. Sadly, there are many renovations that only return pennies on the dollar, and unless it’s a major deterrent to selling the house you never want to spend too much money on an upgrade. Even the best upgrades won’t return 100% of your money.Continue Reading

Tiny House Resources: Where to Find All You Need to Design a Tiny Home

Overconsumption has been has been newsworthy for centuries. Overuse of land, electricity, water and creation of McMansions have taken place long before the first settlers arrived in Jamestown. With populations across the globe growing and the threat of climate change looming, plenty of people are wondering what will be left for the next generations.Continue Reading

The Costs of Creating a Small Business

Like the Great Depression remade the landscape of the United States in the late 1920s and early 1930s, the Great Recession of the 21st century shook up the employment universe. Jobs vanished and never returned, those who survived received a substantial cut on salary or benefits and hiring became a much tougher challenge. Many of those affected went back to school to obtain a degree and start a new career from scratch. Others gave up on working for someone else and decided to create their own small business.Continue Reading

How to Determine if a Tiny House is in Your Future

The Tiny House movement is in full swing. From numerous books on the subject, to the documentary TINY: A Story About Living Small, to the new series Tiny House Nation, individuals and young families are rethinking their living requirements. Why do they need to reside in a large apartment or home when they could live and flourish in an area 500 square feet or smaller? There are definitely benefits to owning a tiny home. First, they save monthly mortgage payments since most tiny houses are paid for ahead of time. Second, depending on the height of the tiny house, it can be transported across the country like a recreational vehicle, allowing the owner to avoid items like utility bills and property taxes.Continue Reading

Timeshare = Timewaste: Why You Should Never Consider a Timeshare

You may have recently received an offer from a large hotel chain with the following information — stay at such-and-such resort for this low price during the summer. All they want in return is 90 minutes of your time to talk about their vacation timeshare program. Sounds great, right? You hang out in Florida, California, Myrtle Beach, Las Vegas or other resort town for a low price, listen to their sales pitch, and respectfully decline to make a purchase in order to go back to your vacation.Continue Reading

Let’s Go House Hunting — Or Not

Spring and summer mean different things to young families. For some it’s a time of fun and adventure, while others anticipate a lengthy period of relaxation and recharging. And then there are those who don’t fit in either category. They’re the families who page through Trulia and Zillow looking for a new home to move into before the new school year begins.Continue Reading

The ABCs of Home Forfeiture

Despite the economic recovery and the resurgence of the real estate market, there are still numerous homeowners out there still struggling to pay their mortgage. According to RealtyTrac, August foreclosure starts numbered around 56,000. This is down 34% from last year but still high enough to draw attention, especially for those young families who have just received their foreclosure notice. Knowing the options to get rid of a delinquent property is very important to homeowners in order to avoid payment of additional fees and to tax consequences to a minimum. Here are a few of the home forfeiture terms you should get to know.Continue Reading

What You Need to Know About Flood Insurance

There are many types of insurance to obtain for you and your family during a lifetime. There are policies for your vehicles, your property, and your life. There’s even insurance to take care of you when you become disabled later in life and fire insurance if you live in an area prone to wildfires. But what about flood insurance?Continue Reading

The Lowdown on Home Loan Modifications

Back in 2009, during the height of the Great Recession, the Home Affordable Refinance Program, or HARP, was born to help those who could no longer afford to pay their mortgages due to financial hardship or their home being upside down. Applicants that qualify for the HARP program work with modification officers within mortgage lenders to provide all the necessary financial information for them to process the request. In the end, young families can see a reduction in their mortgage payments for a short period of time, giving them a chance to catch up and take a breath. In order to determine if a HARP or loan modification program is right for you, here are a few things you need to know.Continue Reading

The ABCs of Home Ownership

You’ve decided to move the family out of your one-bedroom, walk-up apartment into a home in the suburbs. First off, congratulations – you’re taking a step many Americans still have yet to achieve. Second, you may be unfamiliar with some of the terms encountered in the course of your home purchase. Here to help you along are a few basic terms to get familiar with.Continue Reading