Back in the good old days, it was common for several generations to live under one roof. In recent years, multigenerational living has made a big comeback, and with it more innovative housing choices. In fact, one in five American households are comprised of adults from different generations such as parents and their adult children, or grandparents, parents and children, according to census data.
Whether you’re considering a major renovation or a mid-range upgrade, remodeling can increase the value of your home. However, depending on the project, sprucing up your home’s aesthetics can be costly and sometimes not do much to increase your home’s fair market value. Here are some remodeling hits to put on your to-do list — and some misses to avoid, if recouping your investment is part of the plan.
You don’t need to hire a contractor or binge watch DIY home improvement shows to transform your living space. Whether you’re looking to update your home to better match your tastes or getting ready to plant a ‘For Sale’ sign on the front yard, it’s possible to give each room a mini-makeover without spending thousands of dollars or giving up all your free time
The coronavirus pandemic has many people wondering whether they should delay their home purchase or if they’re selling, pull their listing from the market. COVID-19 has required many industries to make adjustments, and real estate is no exception. Whether you’re in a situation where you need to buy or sell a home, or you simply want to take advantage of historically low mortgage rates, it’s essential to understand how the real estate landscape has changed.
Contrary to what you may think, signing up for a mortgage loan doesn’t mean you’re trapped in that rate or term.
Knowing when to refinance, for instance if rates change or events arise that prevent you from paying as you had planned, can help you understand how to cut your costs or tap into your home’s equity.
Check out these easy ways to save on homeowners and car insurance.
There are plenty of moving parts when it comes to buying and owning a home. It’s no surprise then, that the terms that go along with the process might be a tad confusing, especially when people bandy around acronyms.
Take heart — you can get up to speed on the definitions in no time.
Here’s a baker’s dozen of some common real estate terms you need to understand when navigating the homebuying process.
The peak homebuying season starts in March and runs through the summer months, with plenty of homes on the market. But according to the experts, if you’re looking for deals there may be better times to buy.
According to the Insurance Information Institute, just 40% of renters have renters insurance. That’s too bad, because it costs very little—usually less than $20 a month—but offers a lot of protection. So why don’t more people get it?
Becoming a first-time homeowner can be challenging, but developing a game plan can help you get there faster than you think. Here are some money moves to set you up for home-buying success.