More sellers are insisting on a kick-out clause
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.
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.
My husband and I were so excited to buy our house. Weâd 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.
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.
Don’t be startled to discover that you must “share” part of your land.
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.
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 âAmerican Dreamâ 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 weâre able to call our own, the more successful we look and feel.
But, what if I told you that most of us donât use even a fraction of that space? Thatâs 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.
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 weâve 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 thatâs probably common among so many of us: We tend to congregate around two primary areas of the home: food preparation/eating and television.
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.
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.
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.
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.
It may seem easiest to go with the agent who already knows the home, but not having a buyer’s agent represent you could be a mistake.