Yes. If you have the opportunity to pay off your home, you should. A common reply, what about the tax deduction? Do the math. Don’t believe cultural lies that are out there. The cultural lie, never pay off your mortgage because you’ll lose the tax deduction. Here is an example. […]
My experience is in the residential real estate market. There is the normal description used when determining price, supply and demand. This is when a buyer and seller agree upon a price, plain and simple. This is true, normally. When, markets are not acting normal, other factors come into play. […]
Based on the question, there is no quick fix. Improving your credit score takes time. Even when you pay off debt or resolve public records such as bankruptcy, your score may not immediately improve. Pay bills on time, keep balances low, and pay off debt Don’t close unused credit cards […]
Is a home inspection a good idea? It depends. Is the property a brand new structure? If not, I suggest you get a home inspection. What if the inspector uncovers a defect or structural issue? Guess what, you now have leverage. Leverage to back out, or leverage to price negotiate. […]
THE HUMAN ELEMENT IN HOME APPRAISALS For decades, now, we have been dealing with humans being replaced by streamlined processes or machines that end up making them dispensable. But what about eliminating the friendly face at the front door there to appraise your home? It appears appraisers may no longer […]
This is a great article about pro’s and con’s of early loan payoff and investment strategy. My recommendation would be stay open to changing strategies. Especially if you are closer to retirement. If you are in your 20’s to 50’s doing both would be a good idea. Gradually accelerate mortgage […]
Some of these new smart thermostats claim to save 15%-20%. This is an average. Weather in California is different than Maine. You may want to ask someone who has one installed in your local area. In Southern California, the air conditioner is often used more than the heater. Make sure […]
Tim and Tracey Kerin knew it was time to downsize soon after their grandson Maximus was born. “We started to re-evaluate what’s important to us at this stage in life and decided that our health and family were more important than a larger home with a big backyard and pool,” […]