Skip To Content

Monthly Archives: July 2021

    The Dynamics of Home Equity

    By Carla Higgins | July 27, 2021

    For many people, their home is their largest asset and their best performing investment. The equity in a home is the difference in what it is worth and what is owed. Two dynamics, appreciation and unpaid balance, work in concert to make homeowner’s equity grow. It can be said that you appreciate the fact that … Continue reading The Dynamics of Home Equity → Read More

    Doing Nothing is Costing Something

    By Carla Higgins | July 20, 2021

    It has been said that more money has been lost due to indecisions than ever was due to making the wrong decisions. Many times, the larger the decision, the more likely procrastination comes into play and doing nothing will cost something. Buying a home is certainly one of the biggest decisions people make. Careful consideration … Continue reading Doing Nothing is Costing Something → Read More

    Property Inheritance

    By Carla Higgins | July 13, 2021

    Stepped-up basis is an incredible benefit to people who inherit property. Not only do they receive the property itself, the basis or cost value of the property becomes the fair market value at the time of the decedent’s death. This avoids recognizing the gain between the decedent’s cost and what it is worth when it … Continue reading Property Inheritance → Read More

    Less to Own than to Rent

    By Carla Higgins | July 6, 2021

    The question is “financially speaking, are you better off owning than renting in the long term?” Renting a home has advantages. It is usually a short-term commitment from year to year and the landlord is responsible for the repairs. Owning a home with today’s low mortgage rates, the total house payment could easily be less … Continue reading Less to Own than to Rent → Read More

About our blog

Our agents write often to give you the latest insights on owning a home or property in the local area.