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Home Buying

What Singles Look For in a Home

February 24, 2023 by Brett Tams

Single and ready to…own a home? Today, more and more people are looking to buy a home before they enter into relationships. In 2015, singles…

The post What Singles Look For in a Home first appeared on Century 21®.

Posted in: Home Buying, Home Buying Tips, Paying Off Debts Tagged: advice, agent, agents, All, ask, before, Blog, Buy, buy a home, buyer, buyers, Buying, Buying a Home, century21, couples, decision, estate, Financial Wize, FinancialWize, first-time home buyer, fun, garage, garden, gardening, Grow, guide, home, home buyer, home buyers, home buying, Home buying tips, Home maintenance, Homeowner, homeowners, house, ideas, Income, landscaping, Lifestyle, Listings, locks, maintenance, Make, market, money, More, needs, neighbors, new, Opinion, Other, paint, ready, Real Estate, real estate agent, Relationships, restaurants, safety, second, simple, single, time, upkeep, value, will

More sellers are insisting on a kick-out clause

February 21, 2023 by Brett Tams

Kick-out clauses are becoming more common, but how do they work?

The post More sellers are insisting on a kick-out clause appeared first on RealtyBizNews: Real Estate Marketing & Beyond.

Posted in: Home Buying, Paying Off Debts Tagged: 2021, All, author, before, bidding, bidding wars, Blog, Broker, buyer, buyers, chance, Colorado, cons, contingency, contract clause, Deals, earnest money, estate, experts, Featured News, Financial Wize, FinancialWize, home, home buying, home sellers, homes, house, interview, Keller Williams, kick-out clause, Legal, Make, market, Marketing, money, More, Mortgages, multiple offers, negotiate, negotiating, new, News, offer, offer contingency, offers, Original, Other, property, pros, Pros and Cons, Purchase, Real Estate, Real Estate Marketing, Redfin, risk, second, Sell, seller, sellers, selling, springs, title, what is a kick-out clause, will, work

What You Need To Know About First- and Second-Year Home Expenses

February 14, 2023 by Brett Tams

My husband and I were so excited to buy our house. We’d been renting since college and were eager to have our own place. Finally, no one could tell us how many dogs we could have or how many posters we could hang up. Once we moved into our home, we quickly realized how much

The post What You Need To Know About First- and Second-Year Home Expenses appeared first on MintLife Blog.

Posted in: Home Buying, Minimalist LIfestyle Tagged: 2, 2022, agent, air, All, author, average, basement, basic, beds, before, Blog, Budget, build, Buy, Buying, Buying a Home, car, Clean, College, color, company, contractors, cost, create a budget, Credit, data, dogs, estate, expense, expenses, expensive, Featured, Finance, Financial Wize, FinancialWize, finished basement, first-time home buyer, Free, freelance, Freelance writer, front, fund, good, great, home, Home & Refinance, home buying, Home maintenance, HomeAdvisor, Homeowner, house, household budget tips, Housing, Housing Finances, How To, HVAC, interest, items, job, kitchen, kitchen cabinets, landscaping, layout, learned, Life, Loans, maintenance, Make, meta, Mint, mint.com, mobile, money, More, Mortgage, new, Oil, Other, paint, Personal, personal finance, place, plan, plants, Quotes, Real Estate, real estate agent, refinancing, remodel, renovate, renting, repair, Research, safe, safety, save, Save Money, Saving, second, security, Spring, story, student, Student Loans, Style, time, title, traditional, wallpaper, white, will, work, working, Yard, youtube

What Percentage of Your Income Should Your Mortgage Be?

February 5, 2023 by Brett Tams

What percentage of your income can you afford for mortgage payments? Do you use gross monthly income or take-home pay? Learn how much house you can afford with simple rules based on your monthly income.Limit mortgage payments to less than 28% of your pretax income. Total debt payments, mortgage included, should be less than 40%.

The post What Percentage of Your Income Should Your Mortgage Be? appeared first on Money Under 30.

Posted in: Home Buying, Personal Finance, Real Estate, Saving And Spending Tagged: 15-year, 2, 30-year, advice, All, ask, Auto, auto loan, average, balance, Bank, bank of america, banks, before, Budget, Budgeting, Buy, buy a home, buyers, Buying, california, car, cars, cost, crash, Credit, Credit Report, credit score, Crisis, data, Dave Ramsey, Debt, debt-to-income, disclosure, down payment, DTI, education, Encompass, equity, expenses, experience, Fannie Mae, Fannie Mae and Freddie Mac, Financial Goals, Financial Wize, FinancialWize, First-time Homebuyers, fixed, Freddie Mac, furniture, future, get started, getting a mortgage, goal, goals, good, great, Gurus, historical, hold, hole, home, home buying, Home Insurance, home prices, Homebuyers, Homeowner, homeowners, homeowners insurance, homeownership, house, House poor, Housing, housing costs, Housing market, Housing markets, How To, improvement, Income, Insurance, interest, interest rate, interest rates, job, kids, Learn, lenders, lending, Life, Live, loan, Loan officer, Loans, Local, low, LOWER, luck, Make, market, markets, minimal, model, money, More, Mortgage, mortgage interest, Mortgage Interest Rates, mortgage lenders, mortgage payment, mortgage payments, mortgage pre-approval, MORTGAGE RATE, Mortgage Rates, Mortgages, new, new york, new york times, NMLS, no-ads, offer, offers, online lenders, Operations, Other, paycheck, payments, personal finance, place, PMI, poor, pre-approval, Prices, private mortgage insurance, property, property tax, property taxes, questions, Quotes, rate, Rates, reach, Real Estate, Refinance, refinancing, Rent, right, risk, room, san francisco, save, Saving, savings, simple, states, student, tax, taxes, time, title, town, traditional, trust, under, wall, wants, will

What You Should Know About Easements and Rights-of-Way

February 3, 2023 by Brett Tams

Don’t be startled to discover that you must “share” part of your land.

Posted in: Home Buying, Market News, Roommate Tips Tagged: 2, action, agent, All, ask, author, Backyard, before, Blog, Built, buyers, Buying, closing, company, condo, discover, driveway, electric, estate, existing, Financial Wize, FinancialWize, front, gas, hoa, home, home buyers, home buying, Homeowner, homeowners, house, Legal, Local, maintenance, making, mess, needs, neighbors, new, office, Opinion, Original, Other, percent, property, Real Estate, real estate agent, Review, Reviews, right, San Jose, search, seller, Tips & Advice, title, title search, value, will, working, Yard, Zillow, Zillow.com

Groundworks Expert Gives Home Foundation Advice

February 2, 2023 by Brett Tams

Groundworks executive Tim Tracy offers up great advice for sellers and buyers on the importance of home foundation inspections and repairs.

The post Groundworks Expert Gives Home Foundation Advice appeared first on RealtyBizNews: Real Estate Marketing & Beyond.

Posted in: Home Buying, Paying Off Debts Tagged: 2021, advice, All, ask, author, average, beach, before, Blogging, buyer, buyers, Buying, calculator, company, construction, cost, deal breakers, Deals, Department of Housing and Urban Development, disclosure, estate, expensive, experience, experts, Family, Featured News, Financial Wize, FinancialWize, financing, flood, foundation, foundation inspection, General, great, Groundworks, health, home, home buying, home inspection, Home Sales, homebuyer, Homebuyers, homeowners, homes, house, Housing, HUD, Hurricane, inspection, inspections, interest, investment, items, Make, Marketing, modern, More, Most Expensive, News, no surprises, offers, Other, plumbing, poor, property, quality, questions, Real Estate, Real Estate Marketing, repair, Research, safety, sales, science, seller, sellers, selling, Selling a Home, structural problems, Tim Tracy, time, tips, title, VA, value, versus, virginia, washington, weather, will

Does the American dream require a big American home?

February 2, 2023 by Brett Tams

This is a guest post from Steve Adcock, who writes at Think Save Retire, a blog about early retirement and Financial Independence. Steve and his wife retired in their mid-thirties to travel full time in an Airstream trailer. For more info, check out their YouTube channel.

One of the most deeply-embedded pieces of the “American Dream” is the desire for a large, spacious home with lots of sitting rooms, corners, nooks, and crannies. Large dining rooms and other entertainment spaces! Wrap-around porches! Two- or three-stall garages and one heck of a master suite!

To many of us, a large home is a mark of success. A big house indicate status, and the more space we’re able to call our own, the more successful we look and feel.

But, what if I told you that most of us don’t use even a fraction of that space? That’s not just me talking. A research team affiliated with the University of California studied American families and where they hung out the most inside their homes, how (and where) clutter builds, and the general stress level associated with living big.

The findings were overwhelming: The majority of the space in our homes is wasted.

How We Use Our Homes

As J.D. shared on Saturday, researchers at UCLA conducted a detailed study of 32 dual-income families living in the Los Angeles area, one of the first studies to document so vividly how we interact with the things for which we’ve paid good money. The findings were not pretty. In fact, they helped prove how little we use our big homes for things other than clutter or objects that hold little intrinsic value.

From the press release:

The researchers doggedly videotaped the activities of family members, tracked their every move with position-locating devices and documented their homes, yards and activities with reams and reams of photographs. They asked family members to narrate videotaped tours of their homes and took measurements at regular intervals of stress hormones via saliva samples.

When I originally wrote about the study, I took special note of where families spent the large majority of their time. In the following UCLA-published diagram of one family that was studied, we can easily observe a truth that’s probably common among so many of us: We tend to congregate around two primary areas of the home: food preparation/eating and television.

Time spent in the home

While this diagram only represents a single family, the results of the study suggest that this family is very typical of most of those studied, and the majority of traditional homes.

Posted in: Home Buying, VA Loans Tagged: 1970s, 2016, advice, air, All, American Dream, Appreciate, bathroom, bed, bedroom, Bedrooms, beds, before, big, bigger homes, Blog, Built, Buy, buy a home, Buying, california, car, cars, Census Bureau, city, Clean, cleaning, clutter, consumption, cost, couch, country, data, desk, dining, dining room, dogs, downsizing, dream, driveway, Early retirement, Emotions, entertaining, Entertainment, expensive, experience, Family, financial independence, Financial Wize, FinancialWize, food, Fraction, furniture, General, good, Grow, guest, guest post, Happiness, heating, hold, home, Home & Garden, home buying, home size, homes, house, Housing, Income, internet, jobs, kitchen, kitchens, Life, Live, maintenance, Make, money, More, Mortgage, Mortgages, Move, needs, neighborhoods, new, office, Other, park, payments, pinterest, pool, porch, pretty, protect, relentless, Rent, Research, retirement, risk, room, RV, save, security, Sell, shopping, shower, single, single-family, sinks, small space, space, Spending, story, stress, suite, summer, tax, television, time, title, tour, traditional, traditional homes, Travel, U.S. Census Bureau, unique, value, Video, wealth, will, work, youtube

Should you buy or rent?

January 28, 2023 by Brett Tams

Buying a home still makes sense, but becoming a homeowner before you’re ready can have costly consequences. How much you have saved and how long you’ll stay in one place are the biggest factors in deciding whether you should rent or buy.Buying a home sounds like it makes sense, but becoming a homeowner before you’re ready can have costly consequences.

The post Should you buy or rent? appeared first on Money Under 30.

Posted in: Home Buying, Personal Finance, Real Estate, Renting, Saving And Spending Tagged: 2, 2016, 2023, advice, affordability, affordable, All, apartment, appliances, art, assets, Austin, bedroom, before, big, Budget, building, Buy, buy a home, buyers, Buying, Buying a Home, Buying a house, calculator, car, Careers, Cities, city, closing, cost, couple, Credit, credit score, debate, DIY, down payment, equity, estate, expensive, Fees, FHA, FHA loan, FHA loans, finances, Financial Wize, FinancialWize, First-time Homebuyers, Georgia, good, great, guests, health, history, home, home affordability, home buying, Home Price, home prices, home value, Homebuyers, Homeowner, homeowners, homeownership, homes, house, Housing, Housing markets, Income, Inflation, Insurance, interest, investment, job, jobs, landlord, landlords, learned, lease, Life, Lifestyle, Live, loan, Loans, low, maintenance, Make, making, man, market, markets, median home price, median home value, mental health, model, money, More, Mortgage, mortgage calculator, mortgage interest, mortgage payment, Mortgages, Move, new, offer, offers, Other, payments, personal finance, plan, PMI, private mortgage insurance, proof, property, quality, rate, ready, Real Estate, realtor, Rent, renters, renting, right, routine, safe, save, Saving, saving money, searching, Sell, sellers, simple, single, space, stage, states, stress, taxes, teaching, tenant, tenant rights, texas, time, title, town, traditional, Travel, travel the world, under, upkeep, used car, value, versus, wall, will, wrong, Zillow

Final Walkthrough Checklist

January 22, 2023 by Brett Tams

A final walk-through ensures that the property’s condition hasn’t changed since your last visit and that the terms of your contract will be met.

Posted in: Home Buying, Market News, Roommate Tips Tagged: Air Conditioning, All, appliances, author, before, buyers, checklist, cleaning, closing, color, escrow, estate, Financial Wize, FinancialWize, garage, goal, good, heat, history, home, home buying, home cleaning, home inspection, inspection, inspections, investment, items, Local, Make, making, markets, More, new, new home, offer, Opinion, paint, plants, property, questions, seller, sellers, sinks, storage, Tips & Advice, under, walk-through, water damage, will, windows, Zillow

7 Real Estate Trends to Watch for in 2023

January 20, 2023 by Brett Tams

There have always been long-standing rules about real estate ownership, including the three most important ones: location, location, location. But the one constant about real estate investing is that nothing ever stays the same. Even the location rule, because preferred locations change from year to year, and certainly from generation to generation. After the 2020 […]

This was originally published on The Penny Hoarder, which helps millions of readers worldwide earn and save money by sharing unique job opportunities, personal stories, freebies and more. The Inc. 5000 ranked The Penny Hoarder as the fastest-growing private media company in the U.S. in 2017.

Posted in: Home Buying, Mortgage Refinance Tagged: 2, 2021, 2022, 2023, 30-year, 4%, agent, All, asking price, Bank, bank account, bidding, bidding wars, Budget, Buy, buyer, buyers, company, country, Credit, decision, earning, estate, experts, Fannie Mae, Finance, finances, Financial Wize, FinancialWize, flood, Flood insurance, flooding, Freebies, good, great, home, home buying, Home Improvement, home prices, Home Sales, Homeowner, homeowners, homes, house, Housing, Housing market, Housing market outlook, Hurricane, impact, improvement, inspection, Insurance, interest, interest rate, interest rates, Investing, job, jobs, kitchen, Las Vegas, loan, Location, location, location, low, LOWER, Make, making, Managing Money, market, Market Trends, money, More, Mortgage, MORTGAGE RATE, Mortgage Rates, National Association of Realtors, natural, Natural disasters, negotiating, new, new year, new york, newsy, offer, offers, office, office spaces, Other, ownership, pandemic, payments, Personal, personal finance, Popular, projects, protect, rate, Rates, Real Estate, real estate agent, Real Estate Investing, Realtors, Recession, Redfin, Refinance, renters, repub, return to the office, Rising mortgage rates, safety, sales, san diego, save, Save Money, Saving, second, security, Sell, seller, sellers, shopping, sight unseen, suburbs, survey, the new year, the west, town, trends, unique, updates, water damage, West Coast, wildfire, will, work, workers
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