Having a place to call home is everybody’s dream. It’s no surprise why so many of us toil over years of hard work just so we can afford this most priced reality. Ironically, those who are on the final steps of their journey find themselves anxious and often unsure of just what to do next. Indeed, buying a home could be downright intimidating, especially if you’re a first time home buyer. Yet, although there’s no clear-cut route towards a fast and glitch-free home purchase, being adequately prepared and knowing what to expect is a great way to keep the anxiety…
Chris Hamler
So now you’ve got your priced house key finally on your hands. After months of waiting and negotiating and signing seemingly endless real estate documents, you’re finally free to move in and settle into a new life. You might think: ”The worst is over.” Or so you thought. The moment you open that front door, every household worry settles in, sending you back into anxiety zone. “Where can I get the internet set up? Shoot, I probably need a new stove. And how would George the Cat feel about the new house?” Whether it’s new sheets or the pets, there’s…
Many homeowners are blind to the profit potential of owning a home. While for most, homeownership simply means having their properties sit idle while they pay off years worth of mortgage, others are taking the smart road and using the equity they built on the home to invest in other assets. In the past couple of years, home values have skyrocketed due to the convergence of market factors, most notably led by the scarcity in housing inventory. Rates are also projected to increase within the year. If you are thinking of following the investment path, these conditions make for the…
Mortgage interest tax deduction has always been one of the best incentives of homeownership. So how does President Donald Trump’s new tax rule change all this? If you are a current homeowner, planning to purchase, sell, or move in the near future, you need to be aware of how the new tax law will affect you. The tax bill signed into law by US President Donald Trump on December 22, 2017 marks a new era of homeownership cost for the country’s taxpayers. The law takes effect at the start of this year. Here’s a simplified overview of just how this…
Although owning a home has become increasingly more difficult in the past few years, thanks to skyrocketing home prices and low available housing, there are cities in the US where homeownership has been thriving. Owning a home is a vital part of the American dream. Although pursuing this feat is every American’s right, only a few manage to go through the hoops to become successful homeowners. In fact, in the past few years, the number of homeowners in America has been in a decline with a percentage total of only 63.9 from its peak of 69.2 percent back in 2004. From…