October 2017

Found 6 blog entries for October 2017.

Thinking of Buying a Vacation Home? Read This FirstIt's not all sunshine and swimming pools, but vacation homes can be smart buys if you know what to expect, buy wisely, and visit often or plan to rent out the home when you're not there. Before you buy a second home, consider how you'll be affected by these 5 things.

Location Matters

If the home is very far from where you live, you might not want to make the drive as often as you're envisioning when you're in the planning stage. Location also matters for renters, especially with popular areas like Cadence. If you want to rent out the property, make sure the community attracts vacationers—otherwise, you won't get the cash you need to cover your expenses.

Know the Costs & Rules Up Front

Hidden costs add up quickly when you're traveling

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What to Know About Common Roofing TrendsWhen homeowners are looking at their roofing options, they typically fall into one When homeowners think of investments that can increase the value of their home, a trendy roof isn't exactly what comes to mind for most people. Still, for those thinking about selling their home in the near future, upgraded roofing can have a significant impact on a home's value without any of the risk of over-improving a home. For those who are thinking about replacing their roof in the near future, there are some popular roofing trends to consider.

Metal and Concrete Roofing

Durable, long-lasting roofing materials are in high demand, especially among first-time home buyers who don't want the financial burden of having to replace a roof in a few years.

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What Is PMI and How Does it Affect My Mortgage?Do you want to get into a home but cannot afford a 20 percent down payment? You are not alone. Those who do not want to delay a purchase and wait until they have 20 percent of a home's purchase price can get into a home through means that may require additional fees and insurance products to protect the lender.

A PMI is often required as part of a conventional home loan for many. It can allow those making a minimal down payment to get into their first home, in The Lakes or another community, and begin to build equity.

Understand more about PMI and cancelling PMI to determine whether or not obtaining a conventional loan with a small down payment is right for you.

What to Know About Private Mortgage Insurance

Private mortgage insurance or

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Contract Contingencies When Buying or Selling a HomeSeveral generations of statistics continue to show that home ownership represents the largest investment most Americans will ever make during their lifetime. In addition to the value of the home as a financial asset, owning a home has also been proven to offer social benefits, including a more stable life for the homeowner, their family and their community, as a whole. But becoming a homeowner does carry some significant risks that must be considered, such as buying a home with valuation or condition issues. Luckily, prospective home buyers who want to garner the benefits of homeownership with less personal risk can rely on purchase offer contingencies to assist them.

Commonly Used Contingencies

Basically defined as the insertion of a

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Should I Get a Home Warranty?When buying a home, a lot of people are cautioned not to miss anything during the final walk-through, lest they find themselves on the hook for a broken system. A home warranty is designed to provide some protection against this sort of problem, but they are not always necessary. People should weigh the cost in relation to their other expenses before they make a decision to purchase a home warranty.

Home Warranty vs Homeowners Insurance

An easy analogy to help home buyers distinguish between a home warranty and homeowners insurance is to consider the same kinds of protections for cars. A warranty on a car makes some provision for repairs or replacement of certain parts or systems, if they wear out or break before the warranty runs out.

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Should You Do DIY Repairs or Hire a Professional?As you think about ways to make your home more attractive to buyers, you also have to take a dollars and cents approach to necessary repairs and updates. While doing some things yourself might save you money, will your time and effort result in a higher sales price?

If you're unsure of your ability to complete a repair job, minor renovation or decor update to professional standards, it is wise to consider the plans for your Painted Desert home in terms of economic benefit.

Weigh Your Options

Sometimes, it makes good sense to invest time, effort and "sweat equity" in order to add appeal to your property. Most homeowners can comfortably tackle the following DIY projects:

  • Landscape Improvements
  • Front Entry Enhancements
  • Minor
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