Why Is The Gap Between Owner and Appraiser Home Value Opinions Widening?
The average American homeowner thinks their home is appreciating faster than appraisers do. Appraisal values in January were an average of 0.47 percent lower than what homeowners estimated, according the national Quicken Loans Home Price Perception Index (HPPI). January was the third consecutive month in which the gap between these data points widened from the […]
Should You Refinance to an Adjustable Rate Mortgage?
(via Home Loan Advisor) An adjustable rate mortgage (ARM) is a type of mortgage where the interest rate charged on the outstanding balance varies based on a specified schedule. The interest rate is initially fixed for a given period after which the rate is set periodically. There are many advantages associated with the adjustable rate […]
Selling Your Home During the Holidays | Best Method For Passive Income
Contrary to what some might think, selling your home during the holidays is actually a great idea. The competition within this period is usually quite low due to the minimal number of homes put up for sell and actively advertised. A good number of prospective buyers are often serious and willing to make a purchase […]
Fall Home Improvement Projects
Now that autumn is here, it’s a good idea for homeowners to consider taking on some fall home improvement projects. We’re not talking about extreme renovations that involve a lot of monetary input. It’s about the little changes that are made through a few additions and some maintenance tasks. Your fall home improvement project can […]
How to Sell Your House Without a Real Estate Agent | Top Tips
Most people rely on a real estate agent when they want to sell their house, but it is possible to get a buyer on your own. It may take a little more effort but you will end up saving the commission you would have paid to the agent. Here are a few tips to help […]
Give Your Kitchen a Mini-Makeover with a New Sink
Are you looking to give your kitchen a small makeover this summer? You should consider a mini-makeover with the addition of a new sink. If you’re on a budget but want to spruce up your kitchen and add some extra value to your home, adding a new sink could be just the right decision. It’s […]
How Cold Interior Walls Can Increase Heating Costs
Homeowners like you are exploring all possible ways to improve their homes so that they consume less energy. Move over Energy Star Appliances! There are many more ways to save energy. Did you know that you can reduce the heating and cooling costs of a home by properly closing all openings in the walls and […]
Should You Refinance Your Mortgage?
If you are like many homeowners, you may have wondered if you should refinance your existing home mortgage. While refinancing can be one of the best decisions that some homeowners can make, for some, it may not be the best time. And there are many reasons why some should wait. Many people jump into refinancing […]
Why Heat Pumps are Better than Furnaces in Energy Efficient Homes
Furnaces should have no place in energy efficient homes. Here is why – when you add enough insulation to the building and tighten up the envelope, your heating load falls faster than the cooling load. This does make sense because the temperature difference between the outside and the inside is much higher. The infiltration rates […]
Should Homeowners Make Extra Mortgage Payments?
It is often recommended that homeowners make additional mortgage payments to pay the loan off early. Online calculators can assist homeowners to doing so. Some mortgage providers allow for payments every two weeks which will result in one additional payment a year. Since all mortgages do not have early payoff penalties, it stands to reason […]
