Sellers Have Incredible Leverage in Today’s Market
With mortgage rates climbing above 3% for the first time in months, serious buyers are more motivated than ever to find a home before the end of the year.
Tag: Value
7 Factors to Consider When Searching for the Perfect Neighborhood
Good restaurants aren’t the only amenities worth looking for in a neighborhood. You can remodel a home, but there are some things about a neighborhood you can’t change. And many neighborhood factors can add value to your home. Here are some of the best features to look for: Nearby Services If restaurants, a grocery store, …
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Expert Insights: How Do You Determine How Much a Home Is Worth?
The short answer: a home is ultimately worth what is paid for it. Everything else is really an estimate of value. Take, for example, a hot seller’s market when demand for housing is high but the inventory of available homes for sale is low. During this time, homes can sell above and beyond the asking …
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6 Kitchen Upgrades Worth Their Weight in Resale Value
If a kitchen renovation is on your radar, and you plan to stay in your home long-term, you can figure on spending $20,000 or more—especially if you plan to rip out counters and re-configure your space. But if you’re thinking of upgrades that increase your home’s resale value, as well as your own enjoyment, there’s …
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Buying a Car When You Have an Upside-Down Loan
Owing more on a car loan than the car is worth—called being “upside down” on a loan—can make buying a new vehicle difficult. The negative equity can mean getting less for your old car at trade-in or coming up with the extra money to pay off the old debt. Cars depreciate quickly, so the urge …
Growth vs. Value Investing: Know the Differences
Your investing style and tolerance for risk can help determine what type of stock mutual funds you invest in. The two main types of funds — growth and value — have different characteristics that can match your investing style. Owning a mix of both funds is probably a smart move, but it can still be …
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