As a homeowner, you have a lot of expenses to balance. Renovations, utilities, property tax, and a plethora of other last minute expenses make budgeting and paying bills a difficult task at times. One of the biggest expenses any homeowner has to deal with for an extended period of time is paying off a mortgage.
A mortgage is money that you, a creditor, must pay back to a debtor within a certain amount of time in order to pay back the money loaned. This most particularly pertains to the loan homeowners take out in order to purchase a home, since most people cannot buy a home outright. This mortgage will have interest rates added to it, which are often the most difficult part to pay off as they continue to grow and grow. A mortgage is a very daunting
With spring comes a desire for something new and fresh, which is why many people turn to renovations. Home renovations are a fantastic way to add value to your home by investing in a future that is both aesthetically and financially pleasing.
Remember that renovations do not have to mean that you completely gut your house and start from scratch. In fact, some of the best renovations are the small ones. They are easy to do on your own and inexpensive. Small renovations over the years can make a massive impact on the quality of your home.
Renovations can become very pricy, so we have gathered a list of tips and tricks for renovating particular areas of your home. In no particular order, here they are:
Earlier this week on Monday we featured a blog post that discussed CMA for sellers. In it we explained what exactly a CMA is and why it is important to have done on your property before you list your home. If you have not read that post already, please do now. Here is the link: http://blog.kenrichter.com/2015/04/14/cma-for-sellers/#sthash.2iUj4jlU.dpbs
Now that you know exactly what a CMA is, you may be surprised that we are discussing why a CMA is important for buyers to do on homes they are interested in. After all, shouldn’t the current homeowners have done their due-dillagence and already had a trustworthy CMA done? The answer is, hopefully. However, here are the reasons why a CMA (Comparative Market Analysis) is important for you to do on any
March was a good month for the world of real estate! Calgary is still in recovery mode from the drop in oil prices earlier this year, but conditions have remained relevantly stable and continue to stay in a healthy environment.
The most significant thing that happened in March that you, a potential buyer or seller, need to be aware of is the rise in inventory and the fact that benchmark prices dropped %0.44. Why is this? The more houses there are on the market, the more competition sellers have. If you are looking to buy, this means you have lots of options at reasonable prices. If you are looking to sell, remember that there are a lot of houses on the market right now, so you need to make sure you are offering a fair, competitive asking price.
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