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By Dan Johnson

What Is Capital Improvement? Everything Homeowners Should Know

What Is Capital Improvement? Everything Homeowners Should Know: Capital improvement refers to significant enhancements or additions made to a property, infrastructure, or asset. Read to learn more.

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Capital improvement refers to significant enhancements or additions made to a property, infrastructure, or asset. These improvements typically increase its value, utility, or lifespan. Common examples include renovating buildings, upgrading technology systems, or expanding facilities. Unlike routine maintenance or repairs, capital improvements are ...
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Appreciation in real estate

The Importance of Appreciation in Real Estate for HELOC Providers

The Importance of Appreciation in Real Estate for HELOC Providers - For providers of Home Equity Line of Credit (HELOC) services, understanding and leveraging the importance of appreciation can be a game-changer. Read on to find out more.
Condo vs. co op

Condo vs. Co-Op: Which Property Type Offers a Bigger HELOC?

Condo vs. Co-Op: Which Property Type Offers a Bigger HELOC? - When it comes to real estate investment, the choice between a condominium (condo) and a cooperative apartment (co-op) can be daunting. Read on to find out more.
Home building tips

HELOCs and Construction Costs: Managing Expenses Effectively

HELOCs and Construction Costs: Managing Expenses Effectively - Home Equity Lines of Credit (HELOCs) have emerged as valuable tools in managing expenses effectively during the home-building process. Read on to find out more.
Refinancing a Second Mortgage

Why Getting a HELOC Is Better than Refinancing a Second Mortgage

Why getting a HELOC is better than refinancing a second mortgage: Understand the benefits of flexible borrowing and potential savings in interest.
best places to raise a family

Thinking of Getting a HELOC for Relocation? Check Out These Factors When Choosing the Best Place to Raise a Family

Thinking of getting a HELOC for relocation? Check out these factors when choosing the best place to raise a family.
Property survey

The Impact of a Property Survey on Mortgage Closing Costs

In this article, we will explore the impact of a property survey on mortgage closing costs, including why surveys are important, the cost of surveys, and how they can affect your overall home-buying experience.
Taking over mortgage payments

Navigating the Process of Taking Over a Family Member's Mortgage

Are you considering taking over mortgage payments from a family member? Read on to learn about the process and the challenges that may come your way.
Deed-Restricted House

A Quick Guide to Securing a Mortgage for a Deed-Restricted House

Purchasing a home is one of the most significant financial decisions many people make during their lives. One option that may present itself when searching for a home is to buy a property in a deed-restricted community. This guide will provide an overview of how to secure a mortgage for a deed-restricted house, covering several essential topics. Stay with us to learn more. Get A Free Mortgage Quote What Is a Deed-Restricted Community? A deed-restricted community is a neighborhood or d
What is 7/6 ARM

Is a 7/6 ARM Right for You? Pros and Cons of Adjustable Rate Mortgages

7/6 ARM mortgages are a flexible option for homebuyers. Read on to discover the benefits and considerations of this adjustable-rate mortgage.
Mortgage Contingency

Understanding Mortgage Contingency When Buying a Real Estate Property

If you're in the market for a new home, you've probably come across the term "contingency" in the context of real estate transactions. In particular, a "mortgage contingency" is a crucial concept to grasp before you embark on the journey of purchasing a property. This article aims to provide a comprehensive understanding of what mortgage contingency means and its significance in the home-buying process. Get A Free Mortgage Quote What Does Contingent Mean in Real Estate? In the realm
what is pre-foreclosure

Buying a Home in Pre-Foreclosure -Opportunities and Risks for Investors

Pre-foreclosure properties are becoming popular among savvy investors seeking a bargain in the market. But what is pre-foreclosure, and how can investors benefit from this unique opportunity financially? Are there any risks involved? In this quick guide, we'll discuss the potential opportunities and risks investors should consider before purchasing pre-foreclosure properties. Get A Free Mortgage Quote Understanding Pre-Foreclosure Foreclosure occurs when a homeowner defaults on their
Condo vs coop

Condo vs Co-op Mortgages - Key Differences and Considerations for Owners & Investors

In this article, we will explore the key differences between condo and co-op mortgages, shedding light on their definitions, the fundamental distinctions between the two, and considerations for potential owners and investors.
what is a real estate broker

The Role of a Real Estate Broker in Your Home Buying or Selling Process

A real estate broker acts as an intermediary between home buyers and sellers. Click here to learn the role of a real estate broker in a home buying or selling process.
Home Insurance Companies

4 Ways Real Estate Agents Support Home Insurance Companies

The real estate industry in the United States is witnessing a remarkable surge in the number of real estate agents associated with the National Association for Realtors (NAR). According to a recent survey in January 2023, this number has reached 1.5 million, showing steady growth since 2012. But a question arises - what does a real estate agent do for you and for insurance companies? Get A Free Mortgage Quote Source: Statista In the thriving real estate industry, real estate agents pl
FHA construction loan

Pros and Cons of FHA Construction Loans for First-Time Homeowners

Are you an aspiring first-time homeowner eager to bring your dream home to life? Perhaps you’ve already started exploring your mortgage options. The Federal Housing Administration offers construction loans specifically tailored to first-time homeowners’ needs and circumstances. However, like any mortgage product, these loans come with their set of pros and cons. Therefore, in this post, we’ll walk you through FHA construction loans and their benefits and drawbacks. With our insights, you can de
Solar Basics

Solar Mini Inverter: Choosing Between Microinverters and String Inverters for Your Solar System

Solar energy stands at the forefront of sustainable power solutions, harnessing the sun's abundant resources to meet our growing electricity needs. However, the path from sunlight to usable electricity is a journey that requires the expertise of a critical component: the solar inverter. In this article, we look to understand the pivotal role mini solar inverters play in transforming the DC power of solar panels into the alternating current that powers our homes and businesses. More specifical
Solar Basics

The Simple Task of Solar Panel Maintenance

Learn how easy it is to keep a solar energy system operating at peak capacity for maximum money savings.
Solar Basics

Solar From a Home Appraiser's Perspective

Revealed: 3 characteristics of a PV system crucial to a home's value.
Solar Basics

The Pros and Cons of Solar Battery Storage

If you’ve ever considered the idea of switching to a solar-powered home, and wondered what the fuss was all about, let us make it simple for you. There are some real advantages (like cutting those nasty electricity bills) but also some drawbacks. Weighing these pros and cons of solar battery storage is essential before making such an important investment. So if you want to know exactly why investing in solar energy storage might be a great option - or not - buckle up because here we go! Get
Solar Basics

Understanding the Solar Panel Installation Process

If you’ve been researching the feasibility of installing solar panels in your home, chances are you’ve come away with more questions than answers. Understanding the myriad of components, installation options, and financial considerations can make the decision to invest in solar seem daunting. Here, we will take a deep dive into how solar panel installations work, from start to finish, helping make sense of this complex process. After laying out all the facts and details associated with residen
mortgage