Buying a home in another location far away can be challenging in terms of logistics as well as moving, but it becomes additionally harder for pet owners who may not be able to take their bigger animals with them right away. Oftentimes folks may have to prepare a newly-bought home for a pet, make multiple moving trips or might not be able to take the new pet to the location at all for a while. All of these situations can be frustrating and difficult for both the pet and owner. Some available … [Read more...]
Stimulus Checks And Your New Mortgage
Most of the focus on stimulus checks has been on "when" they will arrive, but if you are in the market for a new home (and mortgage) you should know how that payment will impact your financing. Part of the latest Covid 19 relief package includes payments and protections for existing borrowers and renters, but what about those who are looking to buy? According to the IRS, here are a few things to know about how your stimulus impacts your upcoming mortgage. Stimulus Money Is Not Taxable Any … [Read more...]
The Potential Pitfalls of Buying a Second Home for Income
Aside from owning a business, owning rental property has been one of the top investment choices for people, most commonly done through buying a second home. Handled right, income properties can generate significant gains for investors, both in terms of real estate appreciation as well as monthly income from tenants. However, it’s not sure a surefire approach to financial success. There are a lot of ways that a budding real estate investor can go sideways with an investment property home … [Read more...]
Buying a Home While Relocating is a Smarter Choice
The idea of buying a home is challenging enough as the process requires a lengthy approval validation, paperwork, financing, and the actual move with logistics. However, when one really looks at what typically occurs with relocation, buying versus renting can start to make more sense over time. Finances Have to be In Order Buying a home more than once every ten years requires a good amount of discipline on one’s personal finances. Most of the initial decisions and approvals will depend … [Read more...]
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