There are plenty of things to consider when purchasing a home, from the size of place that you're looking for to the amount of home you're able to afford. While it's certainly worth knowing what you want going in, here are a few factors that investors often think about when it comes to making or breaking the appeal of a real estate purchase. Will The Location Last? 'Location, location, location' is a popular expression for a reason, and it's among the first things that any person purchasing a … [Read more...]
Did You Know: Here’s Why Buying a New Home Grows Your Wealth Faster Than Renting
There can be many downsides to both renting and buying, depending on what side of the coin you are on, but if you're leaning towards purchasing a home it can have added benefits for your bank account that renting does not. While renting can certainly alleviate many of the costs that go along with property ownership, here's why purchasing a home can have positive monetary affects in the long run. The Good Impacts of Inflation While inflation is often seen as a dirty word, a real estate purchase … [Read more...]
Buying or Selling a Home This Winter? Keep These Tax Tips in Mind!
With all of the expense that can go into buying and selling a home, it's good to be aware of what you can claim and how a home can benefit you come tax time. When the New Year rolls around and you're sitting down to the task of completing your taxes, here are a few things that you'll want to keep in mind. Gaining from Capital Gains In the event that you've made money off the sale of your home through a capital gain, it's possible that you may be able to exclude this amount from your tax filing. … [Read more...]
Moving to a New Home? Use These Websites and Apps to Research Potential Neighborhoods
Relocating to a new city? Thinking about moving to a new neighborhood? While word of mouth from friends and family is valuable, sometimes it's necessary to get a different perspective. With the advancement of technology, it's now possible to research new neighborhoods without getting up off the couch. Here are some websites and apps that have proven invaluable with researching new areas: Use The Forums On City-Data For Exact Answers While city-data.com is a valuable resource for people who are … [Read more...]
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