Category Archives: Uncategorized

Home insurance rates have increased by almost 20% nationally between 2021 and 2023 and even more in some states like Arizona where rates have jumped 62% in some cases. The appreciation that homeowners have enjoyed, especially in the past four years, has caused premiums to increase because the values are higher. In addition, insurance is …

Continue reading “Tips to reduce your homeowner’s insurance cost”

In the 1980s, home buyers faced significantly higher mortgage rates compared to today’s market. Despite this challenge, many people successfully purchased homes and made them worthwhile investments. They employed a range of strategies to manage costs and ensure affordability. Here are the key tactics they used, explained in detail: To reduce the amount borrowed and …

Continue reading “Finding Affordability in Lessons of the Past”

Online estimates like Zillow, realtor.com, Redfin, & Homes.com are convenient, but typically lack accuracy and may have a significant margin of error. They are constructed using a computer-generated algorithm that utilizes historical public sales data and trends called an Automated Value Model, AVM. National AVMs derive values from automated computer modeling of public records and …

Continue reading “Convenient but not accurate can cost you money”

You are encouraged by the Federal Trade Commission to be sure the information on your credit reports is accurate, complete, and up to date at least once a year. It is an important part of your financial life that can determine whether you get credit, the terms of the credit and how much it will …

Continue reading “Benefits of Checking your Credit Regularly”

Homeowners should verify their home’s equity at least once a year because the two factors that affect it change regularly. Market value changes and the unpaid balance of the home decreases with each monthly payment made on an amortizing loan. Amortization and appreciation cause the equity to increase in value. Knowing your equity gives you …

Continue reading “An annual home equity update benefits homeowners”

In the realm of real estate transactions, the decision to engage a friend who also happens to be an agent may seem like a tenuous situation and may cause some hesitation. Concerns about how professional relationships may impact their personal connection occasionally weighs on a person’s mind, leading them to consider alternative options. It may …

Continue reading “Is a friend your best choice for your agent?”

While the process of downsizing may initially focus on finding a smaller property, it’s essential for homeowners to also think ahead and plan for the future by including considerations such as aging in place, healthcare needs, and financial security, and offer guidance on creating a comprehensive plan for the years ahead. Assessing Long-Term Needs Before …

Continue reading “Key Considerations When Downsizing Your Home”

Real estate professionals offer expertise in the local market, guiding buyers toward suitable properties and negotiating favorable terms. They provide comprehensive support throughout the home buying process, managing logistics and serving as trusted advisors. Additionally, agents have access to a network of allied professionals, streamlining the transaction and ensuring smooth coordination. They also advocate for …

Continue reading “Agent Representation – A Buyer’s Perspective”

Are you one of the many would-be homebuyers holding off on purchasing a home, hoping for a favorable shift in the market? With insurance, property taxes, and maintenance costs on the rise, it’s understandable why some are hesitant to take the plunge. However, the reality is that these factors affecting affordability are compounded by the …

Continue reading “The dilemma is clear: wait for conditions to improve, or act now?”

The familiarity and trust established in a friendship may be the ideal foundation for a successful business relationship. Having a loyal ally from their social circle adds a new level of insight and service to such an important financial decision in their lives. When considering the choice of engaging a friend who also happens to …

Continue reading “The case for working with a friend and agent”