Do you own property and wonder how to make more money off of it? One obvious way to do that is to rent out the land, but what if you discover that the land you own is even more valuable. Depending on where you live, you could have very valuable substances underground - such as gold, copper, or more commonly, gas and oil. But if you're not in a position to mine them yourself, did you know that you can still make money from these substances? … [Read more...]
The Secret Weapon When Buying a Home
Not all borrowers can take advantage of the secret weapon when buying a home, but those who do find big savings up front. In 2021, real estate sales have gone through the roof. You will read articles about this, but some of these articles leave out a crucial detail about WHY house prices are going crazy in 2021. Why Is There a Real Estate Seller’s Market You’ll read the term “seller’s market”, and you will read about how interest rates have … [Read more...]
Should You Sell Your Home?
Recently, a friend of mine put an interesting question on Twitter. Right now, home prices are skyrocketing in our area. Houses are going for well over the asking price and there's usually a bidding war. It's definitely a seller's market. So his question was whether or not they should put their home on the market and just rent for a few years until market prices drop again. It was an interesting question. Should you sell your home? Why You … [Read more...]
Pros and Cons of a Home Warranty
If you look at real estate listings, it's pretty common to see homes being sold with a home warranty. But what is a home warranty? Should you get one on your home? And is it worth it? What are the pros and cons of a home warranty? What is a Home Warranty? A home warranty is a service contract that covers the repair or replacement of certain appliances in your home. It covers issues not covered by your homeowners insurance. The coverage … [Read more...]
Buying A Home: Hidden Housing Expenses
I have told many people with ambitions of buying a home to take their time and do their due diligence in learning what it will take to afford and maintain property as an American homeowner. My friends who have purchased their own homes have learned there are pitfalls waiting for if you don’t know where to look. It does not matter if you are buying with a conventional mortgage, a VA home loan, or an FHA mortgage--you'll need to anticipate certain … [Read more...]