Are you about to buy a house or condo for the first time? Congratulations! Owning your own piece of real estate is a liberating experience and one that will provide you with the foundation to build your personal wealth and equity. Once you own your own home you'll be responsible for a variety of new costs, including property taxes which are assessed by your local government to pay for municipal services. In this blog post we'll share how property taxes work and what you can expect to pay when … [Read more...]
The 3 Minute Guide to Real Estate “Flipping” and How to Get Moving Today
If you've been thinking about investing in a real estate project you may have considered buying a distressed house or two at a steep discount in order to fix them up and sell them at a higher price. This is known as "flipping", and in today's post we'll share a quick guide to flipping homes and how to get started with this type of real estate investing. Assessing Your Budget and Tolerance for Risk We'll start by stating the obvious: when you buy real estate with the intent of flipping it, … [Read more...]
Are You Ready to Make the Leap into Home Ownership? Here’s How You Can Tell
Are you ready to make that leap from living at home or renting to owning a home of your own? While everyone moves at their own pace, here are some signs that you can use to determine if it is time to own your own home. Let's take a look at some of the reasons you can use to justify your decision. Are You Sticking Around? If you plan on moving soon for a job or think that you won't be in town much longer, it may be better to rent. However, if you are thinking about living in the same town or … [Read more...]
Juggling Priorities: How to Manage Buying a New Home and Selling Your Old One at the Same Time
Are you a homeowner who is thinking about selling their current home and making an upgrade to a newer, larger home? If you're facing the prospect of having to manage a home purchase and a home sale at the same time you'll find that there are numerous priorities that are begging for your attention. In today's blog post we'll share a few tips for how to manage a buying and selling transaction simultaneously without being overwhelmed by them. Start By Getting Your Finances In Order Before you … [Read more...]
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