7 min read

Can You Sell a House Before Paying It Off: Here’s the Real Deal

7 min readSelling a house with an existing mortgage is common and straightforward if you plan. The money you make from the home sale usually goes toward paying off the remaining loan balance, closing costs, and other fees. Home equity is key. It is the gap between your property’s market value and your mortgage balance. […]Continue reading "Can You Sell a House Before Paying It Off: Here’s the Real Deal"
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5 min read

What Is a Leaseback? How It Works and Why It Matters

5 min readA leaseback, also known as a sale-leaseback, is a financial transaction where a property owner sells their property to a buyer and simultaneously leases it back. This arrangement allows the seller to free up capital while retaining the use of the property for a specified period. Leasebacks offer advantages for both sellers, such […]Continue reading "What Is a Leaseback? How It Works and Why It Matters"
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9 min read

How to Pay for Home Renovations: Budget-Friendly Strategies

9 min readExplore different ways to find money, like home equity loans, lines of credit, and personal loans, to finance your dream renovation. Make sure you are financially ready. Check your credit score, budget, and home equity to see what loan terms you can manage. Set a realistic budget for your renovation. Look for affordable […]Continue reading "How to Pay for Home Renovations: Budget-Friendly Strategies"
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9 min read

Who Pays for a Home Appraisal? A Breakdown for Homebuyers

9 min readA home appraisal is an important part of buying a home. It helps determine the property’s fair market value. Usually, the buyer pays for the home appraisal, but the mortgage lender orders it. A home appraisal finds the market value of the home. A home inspection checks the condition of the property. The […]Continue reading "Who Pays for a Home Appraisal? A Breakdown for Homebuyers"
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6 min read

What Kind of Loan to Buy Land? Tips to Secure the Best Deal

6 min readLand loans are for buying land to build a home or a business. There are different kinds of loans, like raw, unimproved, and improved. This depends on how developed the land is. You might have to pay higher interest rates and larger down payments than with regular mortgages. To boost your chances of […]Continue reading "What Kind of Loan to Buy Land? Tips to Secure the Best Deal"
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5 min read

How to Sell House Without Realtor? Secrets to Closing the Deal Fast

5 min readSelling your house without a Realtor is called “For Sale By Owner” (FSBO). FSBO can help you save a lot of money on agent commissions. You will be in control of the selling process. This gives you more flexibility in deals and timelines. You need to understand the real estate market well. FSBO […]Continue reading "How to Sell House Without Realtor? Secrets to Closing the Deal Fast"
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7 min read

What’s a Contingent Beneficiary: Why You Should Have One in Your Estate Plan

7 min readA contingent beneficiary acts as a backup to your primary beneficiary in estate plans. Naming a contingent beneficiary prevents your assets from entering probate if the primary beneficiary is unavailable. Contingent beneficiaries can include individuals, organizations, or charities. You can name multiple contingent beneficiaries and allocate specific portions of your estate to each. […]Continue reading "What’s a Contingent Beneficiary: Why You Should Have One in Your Estate Plan"
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6 min read

What Is a Leasehold Improvement: A Quick Guide for Business Owners

6 min readLeasehold improvements are modifications made to customize rented spaces to a tenant’s needs. Common improvements may include partitions, flooring, lighting upgrades, and specialized fixtures. Cost responsibility depends on the lease agreement, with tenants or landlords sharing the expenses. Improvements are typically depreciated over their useful life or lease term for tax purposes. Certain […]Continue reading "What Is a Leasehold Improvement: A Quick Guide for Business Owners"
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10 min read

Can You Use a HELOC to Buy a House: Smart Strategy or Risky Move?

10 min readA Home Equity Line of Credit (HELOC) provides financing options by leveraging the equity in your home. HELOCs can be used to buy real estate, including second homes or investment properties. The structure offers flexibility, allowing borrowers to draw funds as needed during the draw period. However, using a HELOC comes with risks […]Continue reading "Can You Use a HELOC to Buy a House: Smart Strategy or Risky Move?"
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6 min read

What Is an Open-End Mortgage & How Can It Help You Save?

6 min readAn open-end mortgage lets you borrow more money for home improvements in addition to your first home loan. This type of mortgage is good for people buying homes that need fixing, giving money for repairs right away. You only pay interest on what you borrow, which can save you money. Open-end mortgages have […]Continue reading "What Is an Open-End Mortgage & How Can It Help You Save?"
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4 min read

VA Loan Pros and Cons: The Truth About Buying a Home with Zero Down

4 min readVA loans offer incredible benefits like no down payment and competitive interest rates, making homeownership accessible for veterans. However, they come with strict eligibility requirements and funding fees. It's essential to weigh these factors carefully.Continue reading "VA Loan Pros and Cons: The Truth About Buying a Home with Zero Down"
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5 min read

Check Home Insurance: Hidden Gaps That Could Cost You Thousands

5 min readAs winter approaches, now is the perfect time to review your home insurance policy. Don’t wait for a disaster to uncover gaps in your coverage. A quick check can save you from regret later, ensuring you're protected when it matters most.Continue reading "Check Home Insurance: Hidden Gaps That Could Cost You Thousands"
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Disclaimer: The content on this site is for informational and educational purposes only and should not be construed as professional financial advice. Please consult with a licensed financial or tax advisor before making any decisions based on the information you see here.