8 House Flipping Mistakes to Avoid at All Costs
Poor investments, neglected carrying costs, and more can turn a profitable flip into a money pit.
10 (Major) Costs Every Homeowner Needs to Be Prepared For
Owning a home is usually a good investment, but buying one can be a huge financial risk if you’re not prepared for the costs that come with ownership—costs that range far beyond the mortgage payments. While most homeowners are prepared for recurring expenses like utilities, or maybe the replacement of the occasional dishwasher or stove, many are surprised by some of the other significant costs that can crop up. Read on to learn about 10 major costs homeowners regularly face, and how to prepare for them.
How Will Rising Mortgage Rates and Inflation Affect Home Buyers This Year?
Home buyers already face a cutthroat housing market with high costs and low inventory—and now, inflation and increased mortgage rates are also a factor. Can shoppers still afford to buy a home?
10 Times Homeowners Should Hire a Financial Advisor
Life comes with monetary ups and downs, so if you aim to meet the financial goals you’ve established—or learn how to set such goals in the first place—a financial advisor can help. These professionals are up on the latest tax laws and can help homeowners make insurance, savings, and investment decisions to ensure your ability to pay your mortgage (now and down the road) and remain financially secure during retirement. To find a qualified financial advisor, visit the National Association of Personal Financial Advisors (NAPFA) website, and rely on the person you choose to counsel you in the 10 situations outlined below.
7 Good Reasons to Fire Your Real Estate Agent (And How to Do It)
Selling your home will probably be one of the biggest (and most nerve-racking) transactions of your lifetime. The process is riddled with anxiety—getting your property open-house ready, worrying that your house won’t sell for what it’s worth, dealing with buyers regularly traipsing through your home. That’s why it’s so important to have an experienced seller’s agent by your side every step of the way. But sometimes a house languishes on the market. While this could be the result of market forces or conditions specific to your property, sometimes your agent may be at fault, in which case you may want to move on to another agent. Here are 7 good reasons to fire your real estate agent—and some suggestions for how to go about it.
Solved! Does Homeowners Insurance Cover Frozen Pipes?
When does homeowners insurance cover frozen pipes? Most homeowners insurance policies cover water damage from a frozen pipe that bursts, but exclusions for negligence apply.
Solved! How Does Rent-to-Own Work in Home Buying?
Learn what rent-to-own is, how it works, and the pros and cons of this type of homebuying agreement.
10 Insider Secrets for Reducing the Cost of Your Flip House Renovation
A house renovation can quickly spiral out of control if you’re not careful. Here are a few insider tips to help you shave off costs to stay on budget and come out ahead.
7 Bad Reasons to Renovate Your Home
There are plenty of good reasons to take on a home renovation, from increasing property value to upgrading outdated fixtures. But renovations can go awry, and you could end up with a bad case of remodeler’s remorse. Consider these 7 reasons not to remodel before you take on any large-scale home projects.
From Traditional Landlords to Private Equity Giants: What Tenants Need to Know
If you’re a tenant looking for a rental, knowing who owns your potential new home could give you a good idea of what to expect once you move in.