Buying a single-family home probably comes first when considering investing in real estate. And for a good reason – homeownership has been traditionally seen as the cornerstone of the American dream. But as the housing market has shifted in recent years, more and more people are reconsidering whether buying a house is the best investment for them. For many, the answer is no. They’re choosing to invest in condominiums instead. Here’s a look at the condo vs house comparison.
Sometimes the condo vs house decision comes down to amenities. Other times you just fall in love with the kitchen.(more…)
If you plan to sell your home soon, you may not have considered all the challenging parts of this process. As if marketing your home wasn't complicated enough, when a…
Sustainable home design is something that is trending for valid reasons. They align with the sustainability mindset, cut the cost of living, reduce your carbon footprint, and enhance the value of your home. Whether you want to resell the property or own it for a lifetime, sustainability gives it a premium. But you may not know what to look for while buying an energy-efficient home. The design of the property is perhaps the most significant factor in this context. Let us simplify the selection by defining the features that make a home design inherently sustainable.
Sustainable home design starts from the planning stages.(more…)
If you’re wanting to buy your first home in this housing market, there are a few things you should do first. That way you’re in the best possible financial position before you start making moves. So to help you in figuring all of this out, here are three ways to prepare financially for entering the housing market for the first time.
Want to buy your first home? Be smart and prepare yourself first.(more…)
Surprisingly, many first-time homebuyers are retirees or older individuals. Many seniors who have lived in their current homes for many years might decide to upgrade to a newer model for reasons like preferring a warmer climate or wanting to be closer to family. So what are the key issues to focus on when buying a home as a senior?
A home warranty is an insurance policy that covers the repair or replacement of major systems and appliances in a home. For landlords, having a home warranty in place can provide protection against expensive repairs or replacements, as well as peace of mind. In this blog post, we’ll explore seven benefits of having a home warranty for a rental property.
You might think that a homeowner association (HOA), or someone you know, has the ultimate say in everything in your community. An HOA’s power is restricted and they cannot do anything they like. First, we’ll discuss what is an HOA. Then, we’re going to cover what they can and cannot do.
Although buying a new home is an exciting experience for many, it can also be daunting. The entire process involves completing several steps, all of which can make the home-buying journey stressful. So where to begin? What are the best questions to ask real estate agents?
When you decide to buy real estate, because it’s a high-ticket item, you want to get it right. Once you understand how it works, then you can simplify the entire process. From looking for homes to buy to financing and more, there is a lot to learn. Read on to learn essential real estate advice to help you build your investments.
There’s advice and then there’s essential real estate advice.(more…)
Have you heard of a retirement village? Well, they have been around for decades. They are an excellent option for older people who want to live independently. They aren’t only an option for people who can no longer live alone because they offer a great deal!
The impact of technology on real estate is undeniable. It’s been essential in marketing sellers’ homes, helping buyers get more involved in the process, and increasing safety for many in the industry. Crime remains a problem in the US. In Louisville, your chance of becoming a victim of a property crime is one in 29. As a result, security technology holds great value to buyers, renters, and real estate professionals.
It will be incredibly difficult dealing with a flooded home. However, it is important to act quickly to protect your possessions and your financial future. It’s normal to think, “Should we repair it?” Or, would it make more sense to sell it? Let’s dive into the details so you can make an informed decision.
Here we see a flooded home surrounded by others that have experienced damage. | Photo by Rachel Claire
The financial cost of restoring a house after it has been damaged by water is often more important than the emotional toll. Did you have flood insurance? Your insurance may be either through a private carrier or directly through FEMA depending on where your property is on the flood map. What’s the difference? It is evident that there is a difference.
Maybe you got a new job in Louisville. Maybe you found the love of your life in Louisville. Or, maybe you just need to change things up a bit, again, in Louisville. To be honest, why you need to move to Louisville doesn’t really matter. What matters is buying a property in Louisville when you’re not familiar with the city. That’s where we come in!
Thinking of selling or refinancing your home? Or maybe you’re interested in buying a new property somewhere in the state? If you’re going to need a loan then an appraisal will be part of the process. In this article, we’re going to look at the home appraisal basics so that you’ll be “in the know.”
Not everyone has the funds available to pay the total price of a house in cash from their bank account. Congratulations on your purchase if you were able to do just that! However, for such a large purchase, a mortgage loan is typically required. Which will require an appraisal. So should you waive the appraisal contingency in order to win the deal? Let’s jump in!
