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Monthly Archives: May 2016

    Your Tenants Will Send Your Kids to College

    By Carla Higgins | May 31, 2016

    Parents, with children getting closer and closer to entering college, may also be feeling stress because they haven’t saved enough for tuition and other expenses. It’s estimated that the average cost for the 2015-16 school year is $32,405 for private colleges, $9,410 for state residents of public colleges and $23,893 for out-of-state residents. If you … Continue reading Your Tenants Will Send Your Kids to College → Read More

    The Obvious Alternative Investment

    By Carla Higgins | May 24, 2016

    Rental homes can be a natural alternative investment choice for homeowners because they are already familiar with houses. Maintenance on a rental is not that much different than on your personal home. The same plumbers, painters and other workmen can be used to make repairs. Single family homes offer an investor high loan-to-value mortgages at … Continue reading The Obvious Alternative Investment → Read More

    7 Out of 50 Could Save Money

    By Carla Higgins | May 17, 2016

    It is estimated that seven million out of 50 million homeowners could save money by refinancing their existing mortgages. Obviously, if the replacement mortgage has a lower rate than your existing one, you will save money. If you bought a home before 2011 and are paying mortgage insurance, you should investigate refinancing to eliminate that … Continue reading 7 Out of 50 Could Save Money → Read More

    You may never stop paying for some improvements

    By Carla Higgins | May 10, 2016

    You’ve saved the money and are ready to pay cash to build a new pool for your home. However, that’s just the beginning of your soon to be increased expenses which will include maintenance, higher utilities and higher taxes. Homeowners obviously benefit by a larger equity when their home increases in value due to appreciation. … Continue reading You may never stop paying for some improvements → Read More

    Your home may be worth a lot more than you think

    By Carla Higgins | May 3, 2016

    Real estate lost a lot of value during the recession but most areas have rebounded considerably. In some cases, the homes are worth more than they were before the housing bubble burst. The dynamics are classic for this type of market: inventories are low, mortgage rates are low and demand is high. All price ranges … Continue reading Your home may be worth a lot more than you think → Read More

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