What Should I do with the House?
One of the most important decisions when getting a divorce is what to do with your house. This is a hard decision for many divorcing couples. There are many reasons that the house becomes a big issue for many couples as it represents so much more than just real estate.
Check on the “Whys”
Checking on why you want to keep the home is helpful. Few people realize that they are mourning three things all at once. Those that hold on so hard to the property usually do so because of fear of losing the memories, the changes that face them today, and even the loss of the future promises. The great news is, those memories can't be taken from you. Today and tomorrow will change no matter what you do. It is important to make long term good decisions...
Top Reasons to Buy vs Renting
On his personal website, self-made millionaire David Bach makes a striking statement: “Not prioritizing homeownership is the single biggest mistake millennials are making.”
He further stated, “Buying a home is an escalator to wealth.”
Bach explains: “Young adults in particular aren’t hopping on this escalator, and it’s a costly mistake…If millennials don’t buy a home, their chances of actually having any wealth in this country are little to none.”
He then elaborates on the game of homeownership:
“Start by crunching the numbers…actually do the math…This way, you’re really clear on your goals and you won’t...
Tips for a Buyer of a Fixer-Upper
Is a Fixer Upper a Good Idea?
Are you dreaming of making your fixer upper dream come true? You can't turn on a tv without seeing all of the renovation shows. It has created a feeling that everyone should buy and renovate a home. More specifically, they show viewers how to take a fixer upper and turn it from an ugly duckling to a special property that they can call home. It sounds so easy but before you grab a sledge hammer and head out to buy that cheap bankowned building on the corner, there are things to consider.
Are you ready to renovate?
First and foremost, how handy are you really? Fixer-uppers can vary from cosmetic paint and carpet, maybe changing a countertop or fixtures; then there are fixers which have...
Divorce and Your Equity
Protecting your equity is always a good idea when selling especially when getting a divorce. When you are having the proceeds split in 1/2 it impacts the funds that you will have to buy your next home. Here are the steps that you can take to put the most money in your bank account.
Remove the Distressed Feeling
Do not start dividing and removing furniture and art from the home. Empty rooms and closets scream divorce. If you have empty closets, move clothes around so it is not obvious that a separation has happened. It is nobodies business of your personal situation and that information could financially harm you during negotiations.
Staging a Great Investment
Staged homes sell faster and for the most money. You can change...
6 Reasons why you should sell your house after divorce
“Bad things do happen; how I respond to them defines my character and the quality of my life. I can choose to sit in perpetual sadness, immobilized by the gravity of my loss, or I can choose to rise from the pain and treasure the most precious gift I have - life itself.” - Walter Anderson
Many say home is where the heart is, a home is a place where you feel comfortable and safe. The emotion that you have with your house is strong. It is where your kids grew up, with pencil marks on the walls reminding of their past, it is where you had many happy hours and memories.
Despite all this, every journey has its ups and downs, junctions and stoppages. When life sets new challenges for us, we should accept it wholeheartedly.
After the divorce, we feel shaken from inside, as if life turns upside down...
Top Reasons You Need Your Own Agent When Buying New Construction
Have you ever walked into the model home showroom of a brand new housing development? There is nothing more exciting than the prospect of building a home from scratch and starting absolutely fresh in a new space. You get to pick the colors of the carpet, choose the countertops and flooring and watch as the home goes up. The nice sales people in the showroom are happy to help you through the process, but did you know that you can bring your own real estate agent to represent you? Yes you can and here are the top reasons why you should have your own agent.
? Choose the Right Development – It’s not enough to find a lovely development; understanding the neighborhood and schools play a big part of home values.
What to Repair in your Home Before you List
A lot of money goes into buying a new house so it is understandable if a seller feels hesitant investing even more money to fix up their current house prior to selling. However, sellers may not realize that some of the issues they live with everyday and consider minor, such as the hallway light switch or the kitchen sink that has plumbing issues, may actually be considered major to home buyers. These issues may even prevent buyers from making an offer on a home or making a lower offer. It’s crucial to keep your house presentable and in good shape before you list it on the market. That being said, read on to find out what repairs you might want to consider before you list on your house on the market.
Items to Check before a Home Inspection
Selling a home can be a stressful time, there is so much to think about; keeping the home clean, heading out on a moment’s notice to accommodate last minute showings, not to mention planning a move. It’s natural to feel overwhelmed.
Then you get that great offer and enter escrow. You’re relieved until you realize there’s a home inspection coming. Even a home meticulously maintained can have hidden issues. The good news is that you can prepare for the home inspection and make sure you pass with flying colors.
Items to Check before a Home Inspection
? Doors, windows, cabinets and drawers – check that they slide smoothly
? Run water in sinks, tubs and showers –...
Top Tips for House Hunting
Online Hunting for a new home online a is a great place to start your search but keep in mind that you don’t see everything. Real estate agents are great at highlighting the features of a house listing online but to make the most of your time, keep these four things in mind:
Identify your Housing Needs
Preferences are important when house searching. A house may not have everything you want but it will have most of the things. Be realistic about pricing and keep in mind the must-have items that will definitely be needed because this will help narrow your search.
Stay up to Date
When you start your search, make sure you go to sites with up-to-date listings directly from the multiple listing service. Realtors post their...