Will putting in an in-ground pool add value to a home? What’s the best way to finance the installation of an in-ground pool? The added value of an in-ground pool depends on where the home is located and if it’s something buyers in that area are attracted to.
Home prices are high and it looks as though they may stay high or go higher for a couple of reasons: more people are moving to major metropolitan areas; interestInterest is money charged for the use of borrowed funds. Usually expressed as an interest rate, it is the percentage of the total loan charged annually for the use of the funds. rates are low; and, there are more first-time buyers entering the market. If home prices are too high in the neighborhood you like, look to move to the outskirts of that neighborhood.
Today on the show, we took callsCalls occur when a company orders preferred stock or bond holders to turn in their stock or bonds for money. from: Linda about whether she should pay off her primary residence or retirement properties; Joe, who is 65 and his w…
When you inherit property and later sell it, you need to calculate capital gains taxes, not estate taxes. Estate taxes are due on estates of a certain value and if the estate’s value is less than the government standard, no taxes are due. To figure exactly how much you owe in terms of capital gains taxes, consult with a tax preparer or accountant.
A home buyer is considering stretching his pocket book and buying a new construction home in hopes that it will result in a big profit in a few years. Buying a home and hoping it appreciates is a risky move without a lot of wiggle room. The years of buying a home and having it appreciate quickly are over, for now.
I’ve received several emails reminding me that I said I was going to talk about the new equityYour share of ownership in a company. Stockholders are often referred to as equity investors, because they invest in the equity of a company. -sharing mortgageA Mortgage is a document granting a lien on a home in exchange for financing granted by a lender. The mortgage is the means by which the lender secures the loan and has the ability to foreclose on the home. that’s been unveiled in 9 states. Unfo…
Investing in real estateReal Estate is land and anything permanently attached to it, such as buildings and improvements. is not without risks. Buyers must beware when purchasing investment property — there’s no guarantee your real estate will increase in value. There’s no one to blame when investment property doesn’t appreciate the way you might have hoped.
When you’re getting close to retirement you may decide to downsize to a smaller home. What’s the best mortgageA Mortgage is a document granting a lien on a home in exchange for financing granted by a lender. The mortgage is the means by which the lender secures the loan and has the ability to foreclose on the home. loanA Loan is an amount of money that is lent to a borrower, who agrees to repay it plus interestInterest is money charged for the use of borrowed funds. Usually expressed as an interest rate, it is the percentage of the total loan charged annually for the use of the funds.. to get for your new home? How much money you put down and the amount of mortgage loan that you get depends in part on the interest rates at the time. In addition, it’s a good idea to fully fund your 401(k) planA 401(k) Plan is a defined contribution plan for employees. Some companies do not offer this benefit, but if they do, you may contribute up to a maximum set by the government and indexed to inflation. As an additional benefit, some employers match contributions up to a certain dollar limit or percentage. until you retire.
With real estateReal Estate is land and anything permanently attached to it, such as buildings and improvements. investments, you need to evaluate your options and time the sales appropriately to make the most of your investments. Will the property continue to appreciate? What do you want to do with the money? Will you ever make the investment property your primary residence?