Thursday, August 25, 2022 / by Ana Baldner
Real Estate has been voted as being Americans favorite investment for the long term for the fourth year in a row. Many news outlets are pushing out headlines that focus on the slowing of the real estate market, but no one is talking about the massive investment opportunities that we are seeing in front of us.
It's important to diversify your investments as a whole. Having all your eggs in one basket makes it more likely that you could face a total loss. Spreading your savings across different types of investments can give you financial security.
There are 8 major reasons that real estate is a good investment to choose
1. You can force appreciation
One reason the stock market appears daunting to many people is the uncertainty. You put your money in the market, and you have no power in the result. The best part about real estate is that you can have a hand in your asset's appreciation in the form of renovations and repairs.
Major renovations such as ad ...
Wednesday, August 17, 2022 / by Ana Baldner
Purchasing a home is a huge financial decision. Whether you're transitioning from renting to purchasing or maybe downsizing, taking on a mortgage can be a confusing process. There are many underlying components that some might not be aware of.
Here are a couple of factors to keep in mind when understanding the financial undertaking of a home.
Have your credit score in order
This might be the most important factor to work on when thinking about purchasing a home. The interest rates you qualify for are based on how good your credit score is. This ends up affecting your down payment, your monthly mortgage and the interest on your home. A lower score will make this purchase a harder undertaking. If you do have a lower credit score, you'll be given a higher interest rate since lenders see you as a higher risk. Having a higher interest rate will make borrowing money for your home even more expensive. Conversely, a high credit score rewards you with a lower intere; ...
Thursday, August 11, 2022 / by Ana Baldner
It’s already August! This month may feel like a sudden downshift but finding a way to stretch out the last weeks of summer is key. As the school year starts, set aside some time to make sure your home is ready for the transition into Fall.
Here are some things to check off your to do list in August:
Set up a shared family calendar
With the start of a busy year, the best thing to make sure you have is a “command center” for all your family's needs and commitments. Create a family calendar to put appointments, practice times, and important dates up so that everyone is in the loop.
Clear up the kitchen
Make your dinners go smoother by cleaning out items in your kitchen. Throw out any expired, stale or unwanted food from your pantry and fridge. This will make dinner prep simpler and faster. Set aside unwanted items that are not expired and not opened and donate them to local charities.
Organize family photos
Thursday, August 4, 2022 / by Ana Baldner
If you're thinking about selling your home, there are some things you should consider when getting ready to list. Many people are under the false assumption that you need to make major upgrades around the home in order to increase it's value. However, there are a couple of improvements you can make that will return the money you put in and attract more buyers.
Why shouldn't you fix everything?
The main reason you shouldn't go around updating everything in your home is because not everything will return value. Money spent on repairs, replacements, and upgrades may be wasted if the prospective buyers don't find the improvements necessary or don't notice them. It's better to stick to cost-efficient fixes that will actually make an impression on potential buyers.
What should you fix?
When buyers look at your home during a showing, they tend to fixate on flooring, walls, kitchens and baths. So make sure to address basic wear and tear issues that appear in these areas.
A f; ...
Thursday, July 28, 2022 / by Ana Baldner
e are currently in the midst of hurricane season. Some of us may be first timers and others well-seasoned Floridians. It's important to prepare early. The worst thing you can do is put off your preparations until a storm hits.
Here are 4 steps to make sure your family is ready in case of an emergency:
Make a plan
Identify how you will receive the emergency warnings and updates.
Write down important phone numbers you may need in case your cell phone is not accessible, i.e. emergency numbers, family members, out of state contacts. Have multiple copies of this list and make sure every member of your home has a copy. At least one contact should be outside of the impact area.
Pet owners! Identify a plan of action in case your area is evacuated. This could mean a pet-friendly hotel or even an out of state friend who can take your pet.
Identify your families specific needs that your plan must tailor to during an emergency. This could mean disabilities, medica ...