"Baby Boomers," defined as people who were born between 1946-1964, are the wealthiest generation to ever retire, as well as the largest. According to U.S. Census Bureau projections, the population of people 65 and older will increase by 36% between 2013-2023 and is expected to outnumber children by 2034 -- for the first time in U.S. history. Interestingly, in the decade since the Great Recession,people aged 50-59 are increasingly bucking tradition and moving to urban areas. As Boomers retire en … [Read more...]
The Risks And The Rewards Of Buying Homes In An ‘As-Is’ Condition
When considering buying a home in an "as-is" condition, the buyer takes all the risk of anything needed to bring the property back up to current building codes and make it ready for occupation or re-sale. There can be bargains in as-is properties if you know how to hunt for one. How To Find As-Is Bargain Properties To find these properties, look for those that sell at auction for tax liens or other reasons for governmental asset-seizure. The might be distressed as-is properties that … [Read more...]
How Growing, Multi-Generational Families Impact Home Design And Financing
There has been a surge in families who have multiple generations living together. In many cultures, children take care of their parents as they age. This is done in an effort to repay the parents for raising them during their childhood. At the same time, when there are multiple generations living together in the same home, there are some changes in both home design and financing. Financing a Multi-Generation Home Anyone who is looking to finance a multigeneration home will need to detail their … [Read more...]
3 Traps First-Time Homebuyers Fall Into — And How To Avoid Them
When someone purchases their first home, this is a significant step. There are a number of issues that people need to think about because purchasing a home is typically someone's most significant investment. With this in mind, there are three common traps that first-time homebuyers often fall into. Fortunately, there are ways to avoid these traps as well. Looking At Homes Before Applying For A Mortgage Perhaps the biggest mistake that people make is that they look for homes before they apply for … [Read more...]
- « Previous Page
- 1
- …
- 14
- 15
- 16
- 17
- 18
- …
- 73
- Next Page »
