Author: jake41521

Pros and Cons of Downsizing After Retirement

Pros and Cons of Downsizing After Retirement

With Baby Boomers already rolling into retirement and Gen X looking forward to shrugging off the stress of the 40-hour work week, downsizing could be a strategic move. For many Americans, homeownership remains their single largest investment and the monthly mortgage payment their highest bill. Lowering or nixing that cost altogether can free up a … Continue reading Pros and Cons of Downsizing After Retirement

In Today’s Housing Market: Offering a Price Might Not Be Enough

In Today’s Housing Market: Offering a Price Might Not Be Enough

The world of real estate has significantly changed over the past years. Not only is there a huge difference between the supply and demand for housing, but the market rates and pricing ranges have also become complicated.   This is why if you’re looking for a new house, offering a price to your seller might … Continue reading In Today’s Housing Market: Offering a Price Might Not Be Enough

Foundation Problems Heres What to Do If Youre Worried About Your Homes Foundation

Foundation Problems Heres What to Do If Youre Worried About Your Homes Foundation

Like in a relationship, the foundation of a house is integral, and must be strong. There are many reasons why a house's foundation might crack or shift – including temperature variances in the soil surrounding it, since earth expands in heat and contracts in cold. But whatever the reason, there are certain steps to follow … Continue reading Foundation Problems Heres What to Do If Youre Worried About Your Homes Foundation

Equity Loan and HELOC vs. Reverse Mortgage – What’s the Difference?

Equity Loan and HELOC vs. Reverse Mortgage – What’s the Difference?

As people hit their later years, the idea of freeing up cash flow for extra needs comes into vogue and has been considered by many. The typical financial tool that many retirees see themselves considering is a reverse mortgage, but it's not the only equity tool available.   The equity loan, or second mortgage, is … Continue reading Equity Loan and HELOC vs. Reverse Mortgage – What’s the Difference?