Category: real estate info and tips

Andrew Carnegie”founder of U.S. Steel and one of historys richest men”once observed, More millionaires have been made through owning real estate than through all other industrial investments combined. Owning real estate investments remains one of the most effective means of growing ones wealth. But to fully take advantage of the opportunities the real estate market…

Reverse mortgages allow seniors to access their home equity to cover living expenses. However, some seniors might later decide to move closer to family or need to go to a nursing home. Selling your house with a reverse mortgage is similar to selling a home with a standard mortgage. The money from a sale would…

Homeowners often use their equity as a resource when they need to finance home improvements, a childs college education or another major expense. Before you tap into your home equity, consider the possible effect on your private mortgage insurance (PMI) requirements. What Is Private Mortgage Insurance?If a homebuyer puts down less than 20 percent of…

Published with permission from RISMedia.

No one wants to think too much about garbage, but its actually pretty important, especially when you move into a new home. Thats because without the right equipment and without knowledge of your towns rules and regulations regarding collection, you can end up with uncollected trash, and a smelly situation. Know the schedule: Your local…

When major household appliances break, should you repair or replace them? The answer depends on which appliance Many refrigerator repairs are easy and affordable, especially if the problem is a bad motor or electronic controls. Dishwashers are usually simple to repair, but issues with their door seal or tub often prompt a full replacement. Unless…

Clearing out clutter is key to staging a home for sale, and it’s the best way to make a room look more organized and spacious. Bottles, cans and other items that pile up can make a cabinet or shelf look crowded. Getting rid of some of these items can be a small step toward a…

If your house has limited space, your kids may have to share a room. Bunk beds can help you make the best use of available space and give your family options in the future, but there are possible problems to take into consideration. More Space for Play and StorageYoung children need lots of space to…

Here are three instant advantages you can expect when adding mature trees to your property. Increased Property Value Studies have shown that mature trees can increase a homes value by as much as 19 percent.. Improve Your Outdoor Space Add instant privacy to your backyard by screening out the neighbors or create a shady canopy…

A home addition could provide much-needed space to relax, entertain guests or pursue a hobby. It could also affect your property tax bills, but the amount and timing of the tax increase would depend on several factors. How do Local Governments Assess Property Taxes?Each city or town assesses property taxes according to a formula that…