In 1963, Martin Luther King, Jr. led and inspired a powerful movement with his famous “I Have a Dream” speech. Through his passion and determination, he sparked interest, ambition, and courage in his audience. Today, reflecting on his message encourages many of us to think about our own dreams, goals, beliefs, and aspirations. For many Americans, one of those common goals is owning a home: a piece of land, a roof over our heads, and a place where our families can grow and
Homes Are More Affordable Today, Not Less Affordable 📷 There’s a current narrative that owning a home today is less affordable than it has been in the past. The reason some are making this claim is because house prices have substantially increased over the last several years. It’s not, however, just the price of a home that matters. Homes, in most cases, are purchased with a mortgage. The current mortgage rate is a major component of the affordability equation. Mortgage rate
If you’re thinking of making a move within the next few months, there are two important things you need to know. The first is the market value of your current property. That’s the amount your home will likely sell for in today’s market. When you know its market value, you’ll have a better idea of how much money will be available to invest in a new home. The second is an overview of what’s available on the market. Which of the homes currently available for sale meet your crite
Say you’re a homeowner wanting to sell your two-level, detached home. You sit down and make a list of things that need to get done to make your property as attractive as possible to buyers. You consider the backyard. “Hmm,” you think. “Doesn’t our deck need a new finish and our flowerbed need new edging stones?” Then you think about the living room. “The carpeting is old. We really should replace it.” Then you step into the kitchen and think, “Our kitchen cabinets look worn.
In the nautical world of pleasure boating, there is a specific process to follow to ensure a fun day on the water. Skip one of those steps and you risk having a miserable experience. The same holds true when buying a new home. There is a process to follow to ensure everything goes smoothly. Here are the basics. Find a good real estate professional. Preferably someone who knows the area. Determine what you can afford. Get a pre-approved mortgage. Make a wish list. What kind of
You’ve spent a couple of weekends viewing homes. You’ve found a few that you like, but none were quite “it”. Then, finally, you visit a property that seems perfect for you. It has most of the features you’re looking for in a new home. You quickly fall in love with it. But it’s not yours yet. You have to make an offer. The amount you offer will play a huge role in whether or not you get the home, and the price you’ll pay. At this point, you might be tempted to put in a really