Ready To Buy

Are you ready to buy? here are some tips to make a budget before buying a house. MONTHLY HOUSEHOLD BUDGET Creating a Budget for Your Family                       If you find yourself falling behind on your monthly payments, then it’s time to start learning some of the basics of creating a budget.  The first rule of thumb for a financially sound home …

Home Ownership Basics

Hire an AgentI am an agent, I believe in hiring a buyer’s agent first. But you don’t have to if you prefer to go to open houses and look through a mumbo jumbo of homes online. Mostly, an agent will save you time. An agent can send you listings directly from MLS that fit your parameters, and you won’t waste …

Glossary

REAL ESTATE TERMS AMORTIZATION – The number of years it takes to repay the entire amount of a mortgage. APPRAISAL – An estimate of a property’s market value, used by lenders in determining the amount of the mortgage. APPRECIATION – The increase of a property’s value over time. ASSESSMENT – The value of a property, set by the local municipality, …

Real Estate Investments

Why rental income properties make a sound investment? There are a number of reasons of why real estate and rental income properties specifically make a good investment, but here are few basic reasons: i) You are leveraging and using Other People’s Money The beauty about rental income properties is that you are making money using Other’s People’s Money: the bank’s …