5 Important Mistakes To Avoid When Selling A Home

Sellers of homes often make mistakes that are not in their best interests. Here are common mistakes people make when selling a home and how to avoid them. Using Bad Photography Using lousy photos or no photos to promote the property for sale is foolish. Professional photography is not so difficult or expensive that sellers should settle for the use of bad photos. Sometimes all the potential buyers will see is the photos they find online. If the photos are bad or not there at all, then that is the end of their interests.  To stimulate interest in a property, it is even better to use a high-quality video walk through than simple photos. This allows a buyer to enjoy a virtual showing of the...

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How A Reverse Mortgage Can Help With Long-Term Care

Anyone who has paid attention to the TV recently has likely seen a lot of commercials for something called a reverse mortgage. For those who might not know, a reverse mortgage is exactly that. In this option, people receive monthly payments from a lender in exchange for equity in their homes. In essence, this functions as an annuity. One of the major benefits of a reverse mortgage is that it can be used to cover the costs associated with long-term care. Over the next few decades, the number of elderly individuals in the United States is projected to double. For this reason, long-term care is projected to become a major expense. How Can A Reverse Mortgage Pay For Long-Term Care? Long-term care is one of...

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What Does A Property Management Company Do?

For those who are interested in learning more about real estate, property management companies are an important topic of discussion. Some people might not ever consider hiring a property management company. Other people wouldn’t ever invest in real estate without a property management company to help them out along the way. This can be a hard decision for people to make. In order to figure out if hiring a management company is the right decision, it is important to think about what they do. What Is Property Management? It is the job of a management company to both maintain the quality of the residence while also keeping the occupants happy. Typically, the owner of the property will hire a third party to do this job....

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Is A 15 Or 30 Year Mortgage Right For You?

When someone is looking to purchase a house, they need to think about how long they want their mortgage to last. While a bank can structure a mortgage to last for any number of years, the most common lengths are 15 and 30 years. While a 30-year mortgage is typically more affordable, a 15-year mortgage is cheaper overall.  When someone is trying to decide how long they want their mortgage to last, there are a few important tips to keep in mind. The Benefits Of A 15-Year Mortgage There are a few important benefits that everyone should know about a 15-year mortgage. Some of the biggest benefits include: With a 15-year mortgage, people are going to pay off their home more quickly. This will free...

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