Housing Upgrades That Might NOT Bring Value to your Home

When upgrading, home owners often seek features that aren’t only desirable to them but also what will add value to the home when it comes time for resale. Read more

What is a Good Real Estate Investment?

A “good real estate investment” can mean different things to different people. For this article, the definition of a good real estate investment is:

A real estate ownership interest, whether a personal residence or rental property, that increases one’s net wealth by a fair rate of return on their invested cash equity; for the corresponding amount of risk they are taking by owning a relatively high risk asset.

What that means is that if you are going to put your invested cash equity into real estate, your net worth should improve by a greater amount than if you invested in a similarly risky asset. Read more

Should I buy or rent?

NEW YORK (CNNMoney) — For the last three years, my husband and I have been renting a house. But I would rather buy than throw my money away on rent. Still, even though we have about $120,000 in savings, great credit and no debt, my husband is reluctant. The job he’s had the past two years took 15 months to find, and it pays a lot less than his previous job. He’s afraid buying now isn’t a good idea because of the shaky economy. What do you think: Should we buy or continue renting? — Jean J.

First things first, I want to dispel the belief that you are throwing money away on rent.

Ultimate Guide to Retirement

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401(k)s & company plans
Investing
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Estate planning
Living in retirement
Getting help

This is a self-serving notion real estate agents often spout that not only isn’t true, but isn’t a basis for making a rational decision when it comes to buying versus renting. Read more

The X Factor – Why Making an Offer on a Home Should be Based on Value to You

February 14, 2011 by  
Filed under Blog, Homeowners

Some people love negotiating and others hate it. Regardless of which side of the sold sign you fall on, the best possible deal is what both buyer and seller want. Arriving at that price can be a lesson in frustration or even cause a complete shut-out. Read more