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Vacation with Peace of Mind

  Vacation with Peace of Mind Ready to finally take that extended vacation this summer? Since it’s probably been a minute (or 751,680 minutes) since you’ve last traveled, here are a few helpful reminders for ensuring your home stays mishap free while you’re away. Set Your Thermostat If you have an AC, heatpump, or evaporative cooling unit, make sure to leave it on to prevent mold, mildew, and other conditions caused by heat and humidity. Adjust your thermostat to 4 degrees higher than you would if you were home, which will reduce energy use while ensuring that the unit runs periodically. If you can, invest in a smart thermostat, which will allow you to monitor and control conditions at home via a handy smartphone app wherever you are. Turn Water Off When you are going to be away for an extended period, it's a good idea to turn off your main water line. This can prevent plumbing leaks from occurring in your absence, which otherwise could result in significant water damage and costly
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What's the deal with those "We Buy Houses for Cash" companies?

  What's the deal with those "We Buy Houses for Cash" companies? In today's  real   estate  market, homes stay on the market for about 25 days on average before going under contract. That's better than back in 2010, when homes were averaging 140 days to sell, but it's still not fast, and there's no guarantee that your home will sell in 25 days. Location, season, and many other factors affect how quickly you can sell a home. If you need to sell your home quickly, those "We Buy Houses for Cash" billboards may have caught your eye. Can you really sell your home as-is in just a few days? Who are they? "We buy houses for cash" buyers are not your typical buyer looking for a home to live in or rent out. They are  real   estate  investors looking to make a quick profit. As such, they are looking to purchase a home for the lowest price possible, fix it up as needed, and sell it on the open market a short time later. These types of investors can

30 or 15-Year Mortgage? Those aren’t your only choices.

  30 or 15-Year Mortgage? Those aren’t your only choices. If you're brand new to the wonderful world of home loans, you might be a bit overwhelmed by how many different types of financing options are really out there. Both primary loan types (fixed-rate and adjustable-rate) have many variations, so how do you know which one is best for you? Let’s start with  Fixed-Rate Mortgages.  The most popular loan in today's marketplace is the  30-year fixed . This is a loan paid over the course of 30 years, with a fixed interest rate, meaning you’ll pay the same interest rate in year one as you will in year 30 of your mortgage. Your payment may change due to insurance or taxes, but generally a 30-year loan is seen as a practical option due to its stability, simplicity, and month-to-month affordability. So, what's the attraction of the  15-year-fixed ? A 15-year loan will have slightly lower interest rates compared to a similarly priced 30-year loan, but since the term is so much short

How Much Can You Save by Paying Off Your Mortgage Early?

 

Buying Season is Back. Here's What to Expect.

  Buying Season is Back. Here's What to Expect. With peak buying season upon us, here's what analysts are expecting to see this year: Increasing Mortgage Rates It appears, depending on how the economic recovery progresses, that mortgage rates could continue to increase. Earlier in the year, rates were holding under 3%, but those rates have steadily increased over the past several weeks. As more and more Americans are vaccinated, it's expected that economic recovery will continue, and this will likely contribute to an upward movement in mortgage rates. If you're thinking of buying this summer, it may be in your best interest to lock in a rate as soon as possible. Inventories Could Increase Many home shoppers found the lack of inventory to be a major source of frustration during the past year. It was difficult - if not impossible - to find available properties, and when something went on the market, it was often scooped up in days or sometimes just hours. Some analysts ar

Demo Day the Responsible Way

  Demo Day the Responsible Way Thanks to HGTV, "Demo Day" is often thought of as the fun part of renovation and construction. Owners and celebrity reno stars wield sledgehammers and power tools while kicking down drywall, tearing out cabinets, and throwing building material from second-story windows. The carefree assault on a dated home makes demolition look easy and fun, but there is more skill and expertise involved than you might think. If you're considering a DIY demo to save money before a renovation, make sure you know what you're getting into, and you are prepared for any problems that may arise. Safety First:  Ensure you have enough safety equipment — steel-toed work boots, safety glasses, hard hats, masks, and work gloves for everyone in your crew. Full coverage, snug-fitting shirts and pants provide protection from splinters, itchy fiberglass, and rusty-nail scratches. Keep a first aid kit handy, and make sure your phone is fully charged in the event of an e

Top 10 Reasons Why Loans Don't Close