For many people, moving time means decision time: Do we buy a home or find a place to rent? This dilemma doesn’t just face young people starting out, but it also stumps established professionals relocating for a job and empty nesters who have sold the big family home. Corey Fick and his wife, … [Read more...] about Is it time to buy a house? 7 questions to ask
Most families at some point reach a difficult real estate crossroads: Do they renovate an existing home to fit their current needs, or do they go out and buy another house that’s already the way they like it? This is a question with no one-size-fits-all answer, although most families can make the … [Read more...] about Should you renovate your house or buy a new one?
If you're paying an interest rate of more than 5 percent, now may be the time to refinance your home mortgage. Although interest rates have risen slightly in the past few weeks, they are still at historic lows. The average rate for a 30-year, fixed-rate mortgage was 3.89 percent in the last week, … [Read more...] about How to get the best refinancing deal
For many years the mantra, when buying a home, was you should buy the biggest home you could afford. This may have made sense years ago when homes were a better long-term investment. Nowadays that mantra may just be self-serving advice from real-estate agents and mortgage brokers. The more you … [Read more...] about Downsize your home and build wealth
In the glow of the vacation moment, it seems like a wonderful idea: Buy a timeshare so you can return every year to relive the wonderful experience again and again. But years later, when your life has changed and you no longer want to return to the same vacation spot, getting rid of that … [Read more...] about How to get rid of your timeshare
When life seems too complicated, some people advocate this solution: Move into a smaller home to have a bigger life. For some, the tiny house movement has become a way of life, adjusting to a smaller space and fewer possessions, with a goal of saving money and focusing on relationships and … [Read more...] about Is the tiny house movement for you?
When a home hits the market, one of the first tasks for the seller is to put on an open house. If your home is listed with a real estate agent, your agent will tell you how to prepare your home and organize the open house. If you list your home without an agent, then it's all up to you. Either … [Read more...] about How to put on a perfect real estate open house
A few years ago, Marianne Kilkenny’s elderly parents moved into an assisted living community. That got her thinking about her own plans because she didn’t want to end up in a similar community or a facility run by a company. Kilkenny, 65, the founder of Women For Living in Community, is among a … [Read more...] about How to create your own retirement community
With interest rates expected to rise later this year, you may be wondering whether you should buy a home at today's low rates. The average rate for a 30-year, fixed-rate mortgage was 3.85 percent last week, according to Freddie Mac’s weekly mortgage market survey, about what it was at the end of … [Read more...] about Is it time to buy a home?
For decades, the telephone has been the real estate agent’s tool of the trade. But a new wave of younger homebuyers is changing the way agents use those phones. Millennials, those born between 1980 and the late '90s don’t want to talk. They want texts. “We’re on our phones all the time, and this … [Read more...] about How millennials are changing real estate
With home values rising, more Americans have equity in their homes. That has generated plenty of cheers from homeowners, and it’s also brought back the home equity line of credit as a popular option for the first time since before the Great Recession. Americans took out $23.4 billion in home … [Read more...] about Should you get a home equity loan? It may depend on the reason
The mortgage-burning party may have gone the way of the rotary phone, but that doesn’t mean Americans don’t own their homes free and clear anymore. In fact, about 34% of homeowners in the United States no longer have a mortgage, according to U.S. Census data. The stories of people who pay off … [Read more...] about How to pay off your mortgage early