For many homeowners, a mortgage is the largest financial commitment they will ever make. While owning a home is a significant achievement, the prospect of paying off a mortgage over several decades can feel daunting. However, with careful planning and strategic financial decisions, it is possible to take control of your mortgage and even pay […]
It’s easy to find information on kitchen renovations that have a great return on investment …. New flooring, refinished cabinets, update fixtures. It’s not so clear the improvements that aren’t such a great return. Like me, you don’t want to spend cash on a no return investment. So here we go on 6 features
Kitchen Renovations That Don’t Return the Investment… Read More »
Homeowners insurance is what is known as a “package policy” – this means it covers both actual, physical property and legal responsibility for injuries that happen while on that property There are 3 common levels of coverage: actual cash value, replacement cost, and guaranteed/extended replacement cost Beware weather exceptions – standard policies do not cover
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Starting an estate plan can be overwhelming, and you probably have many questions. But you are not alone. Below are eight of the most common questions individuals have about last wills and testaments 1. Aren’t Wills Only for Wealthy People? This is a common myth. Last wills and testaments (also known simply as wills) are not
8 Frequently Asked Questions on Last Wills and Testaments Read More »
According to Wealth Consul, over a third of Americans have experienced or witnessed familial conflict when someone dies without an estate plan. While most people believe having an estate plan is important, only a third have a plan in place, per Caring.com’s 2023 Wills Survey. While most adults in the United States think all they need
Why You Should Designate Beneficiaries Read More »
If you’re thinking of buying a home, chances are you’re paying attention to just about everything you hear about the housing market. And you’re getting your information from a variety of channels: the news, social media, conversations with friends and loved ones, overhearing someone chatting at the local supermarket, the list goes on and on. Most
Two Questions To Ask Yourself if You’re Considering Buying a Home Read More »
Do you want to sell your house, but hesitate because you’re worried you won’t be able to find your next home in today’s market? You’re not alone, but there’s some good news that may ease your worries. New home construction is up and is becoming an increasingly significant part of the housing inventory. In fact, I’ve
Where Will You Go If You Sell? Newly Built Homes Might Be the Answer. Read More »
The National Association of Realtors (NAR) will release its latest Existing Home Sales (EHS) report later this week. This monthly report provides information on the sales volume and price trend for previously owned homes. In the upcoming release, it’ll likely say home prices are down. This may feel a bit confusing, especially if you’ve been following along and seeing the
Why the Median Home Price Is Meaningless in Today’s Market Read More »
Recent news stories may have made you aware of the “step-up in basis” and the current administration’s desire to eliminate or adjust it. If you are considering engaging in estate planning or you may be inheriting assets, it is important to understand what the step-up in basis is and how it may affect you. What
Insights on Capital Gains Read More »
The Case-Shiller Home Price Index, which is considered the “gold standard” for appreciation, showed home prices nationwide rose 0.4% from February to March after seasonal adjustment. This follows the 0.3% monthly gain seen in February. Home prices were also 0.7% higher when compared to March 2022, though this annual reading is a decline from the
Home Prices Continue to Rebound Read More »
