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“Location, location, location” is the mantra when it comes to where to buy a home. But when it comes to what to buy, it gets a little more complicated. There is definitely a contingent who would insist that you would buy the best home you can afford. But while there is something to be said for buying a move-in ready home, a place that needs a little love can be downright irresistible. You don't have to go all Chip and Joanna here, but buying a fixer-upper makes sense for so many reasons It c...

As a homeowner, you hold a big responsibility. Your goal is to always stay informed and be knowledgeable about how things work. More than that, dealing with specific problems that may arise and finding solutions. One aspect in your home that's extremely crucial is plumbing. Plumbing affects several areas in your home ‒ from the bathroom to the kitchen. Plumbing problems can arise suddenly, without warning. While some minor issues are easily fixed, some difficulties can quickly escalate into a ...

Question: We are selling our house and have found a nice couple who have expressed interest. Unfortunately, they cannot afford to buy our house unless they sell their house first. We would like to work something out with this couple, but are concerned about taking our house off the market for an indefinite period while the buyers try to sell their house. How do you resolve this dilemma? Answer: While no one likes to sign contracts which are contingent on the purchasers' ability to sell their own...

Lots have been said about ‘side gig’ income these days. You know, extra income outside of your current full time job. Whether it’s because things are a bit more expensive than they used to be or just because someone wants a little extra money on the side to do with whatever. Maybe it’s just a part time job somewhere or perhaps it’s a bit of consulting work. Whatever the source, while the extra income is nice to have, some might wonder if a lender will include it when qualifying for a h...

Serving on the board of a homeowner association is a high calling. Well meaning volunteers are elected to roles that are critical to the well being of the HOA. But what exactly is a board member supposed to do to fulfill this charge? Here's a handy guide: Officer Responsibilities President: Prepares meeting agenda Presides at all board, annual and special meetings Appoints and supervises all committees Supervises the manager Trains directors for future leadership positions Sets positive exampl...

Getting ready to buy a new home can be stressful and put unneeded strain on every aspect of your life. Without preparation, you might find yourself searching desperately for a home and contacting multiple agents to help you out. You might also start worrying about whether you’ll ever be able to find a new home. Those stresses and strains can ruin family relationships as you all try to cope with what going on. Luckily, there is a better way to go through the process. With the proper preparation...

Question: I often see advertisements offering "all cash for your house or condo." Some of these ads offer to give monthly payments for equity. What type of guarantee is the seller offered so as to insure that he/she gets the full amount. Suppose the company goes bankrupt? How can these companies offer such benefits as "three times your equity"? Your response would be helpful. Answer: The moral of this column can best be summed up with the old adage "caveat emptor -- let ...

So you're thinking about buying a home? Buying or selling a home is a big investment - but you already know that. In fact, it is probably the biggest investment that you would ever make in your life. As a result, you need to ensure that everything goes right because a single misstep could cost you tens of thousands of dollars of your hard earned money.  Working with a buyer's specialist real estate agent is a smart idea because they understand the ins and outs...

“When I got home from work, I walked into the living room and was greeted by a huge mess and lots of missing electronics. I guess they knew when I would be gone and decided my home was the perfect target. The police don’t think we have a chance of catching the guys who did this, and my stuff...I’ll never see my 52 inch TV again. At least none of us were home when it happened. It makes me realize we're not as safe in our neighborhood as I thought.” There are a million scenarios like this ...

If you’re looking to invest in residential real estate to rent out a property, there are many things you can do to contribute to its profitability. Some of them cost more than others, but keeping these things in mind when buying, renovating and decorating your property could make you a lot more money in the long run. Your priorities when it comes to the property will differ depending on your target market, yet these are pretty standard ways to help you get started! Location Before you jump int...