Search results for “Second Home”


6 Benefits of Owning a Vacation Home
July 29, 2021

6 Benefits of Owning a Vacation Home

1. Tap into rental income Owning a second home presents the opportunity of renting it out when you’re away. And, if your second home is a great property in a desirable town, turning it into a rental...


How to Prep Your Home for Winter (and Save Money)
October 16, 2020

How to Prep Your Home for Winter (and Save Money)

Eliminate Drafts Heating your home in the wintertime can be difficult enough. When your efforts are being sabotaged by drafts, you’ll find that you’re wasting even more money along the way. Older home...


The Single Female Home Buyer
June 14, 2021

The Single Female Home Buyer

Single Women Bought More Homes Than Single Men Last Year At the start of 2020, single women owned more homes than single men, and that statistic only grew as the year continued. In 2020, 19% of first-...


What does a HELOC entail?
January 27, 2021

What does a HELOC entail?

The government agency noted that when setting up a HELOC, homeowners typically have to pay an appraisal fee, application fee and potentially a percentage point of the credit limit up front. As with no...


How Much Do I Need to Earn to Buy a Home?
November 5, 2018

How Much Do I Need to Earn to Buy a Home?

After renting property for a while, you may be considering buying next time. The advantages of homeownership are focused around the fact that you now have an asset that can hold or gain value, and be ...


December 3, 2018

Home Prices Still Increasing?

The views about the direction of home prices diverged slightly in September, as those reported in the S&P CoreLogic Case Shiller indices slowed for the second month in a row while those from the F...


It’s Open season on Open Houses: 5 Tips for Buying a Home in Spring
May 5, 2019

It’s Open season on Open Houses: 5 Tips for Buying a Home in Spring

The long nights of unforgiving cold are behind us. Flowers are blooming, and spirits are lifting. It must be spring. Warm weather isn’t the only reason we love spring though, it’s also the start of bu...


Comparing the Home Equity Line of Credit (HELOC) & Cash-Out Refinance
December 13, 2021

Comparing the Home Equity Line of Credit (HELOC) & Cash-Out Refinance

Start with Your Home’s Equity Simply put, home equity is the market value of your home. The amount of equity you’ve built throughout the repayment period of your loan is determined by taking the appra...


Mortgage Loan Types, Credit Score, and more: 5 Tips to Get the Best Mortgage Rate
November 26, 2021

Mortgage Loan Types, Credit Score, and more: 5 Tips to Get the Best Mortgage Rate

Consider a Fixed-Rate Mortgage Fixed-rate mortgages are the most common loan option among borrowers. The rate stays the same throughout the life of the loan, meaning the monthly mortgage payment does...