Can You Use Home Equity to Buy a Vacation Home?
For many people, buying a vacation home might seem totally out of reach. You might think this is something only the richest people can afford to do, but actually, many people are able to own a vacation home. Hundreds of thousands of vacation homes are purchased every year, and the median household income for vacation buyers is only $89,900. Purchasing a vacation home is well within your means, but can you use home equity to buy a vacation home? Here’s everything you need to know. How can you get the money for a vacation home? One of the simplest ways to get the money for a vacation home is to use the equity from your current home. By refinancing your home, you’ll be able to afford the vacation home of your dreams. There are many advantages of refinancing for renovation or a vacation home. Refinancing is basically replacing your current…
Steps to Researching Your Neighborhood Before Buying
Millions of homes are sold every year, and this year, yours might be one of them. If you’re hoping to relocate to a new neighborhood, you want to make sure you do a bit of research before you buy. But how do you know what to look for in a neighborhood? Here are the steps you need to take to research your new neighborhood before you buy a home there. Medical providers If you’re moving to a new area, you want to make sure you have access to excellent medical providers. You might still be able to see your old providers if you haven’t moved too far away, but if you’re in a new part of the state or a new state altogether, you’ll have to do some research and make sure there are providers you like in the area. If you feel comfortable, talk to your potential new neighbors…
5 Tips for a Successful Open House
Holding an open house is a great way to ensure your home gets noticed. However, in today’s highly tech driven world, it’s simply not enough to spruce up the rooms and open the doors. As a matter of fact, so much of selling and marketing your home is now done online that you can’t have an open house without going digital, from creating fliers to letting the world know the day and the time of the event. Luckily, there are quite a few things you can do to ensure your open house is the success it deserves to be. So, keeping that in mind, read on below for a few tips to help you do just that. Get help One of the easiest ways to ensure your open house goes off without a hitch is to hire a professional real estate agent to plan and execute the open house for…
Simple Decluttering Tips for Memphis Residents
All across this nation, people have a problem: Too much stuff. No, this isn’t “affluenza” — or, at least, that isn’t the only problem. You don’t have to be rich to find yourself surrounded by clutter, but even being wealth and owning a big house isn’t a solution: Experts agree that our clutter problem has gotten worse even as American houses have more than doubled in size since the 1950s. Whatever’s behind this, it’s clear that Americans are overwhelmed by their own stuff. Memphis, Tennessee, is not immune to this problem. While less packed than some other American cities, Memphis has plenty of cozy homes and small apartments (besides, we just talked about how easy it is to get overwhelmed even in larger spaces). That’s why it’s crucial for Memphis residents to know how to better declutter, organize, and store their possessions. Reclaim your space. Turn records, photos, and more…
How to Turn Your Carolina Cabin into a Winter Wonderland
For many people living in the United States, the holiday season can be a time of relaxation, celebration, togetherness, and family. Preparing for the holidays usually includes the hustle and bustle of shopping for decorations and gifts. According to the National Retail Federation (NRF), the average amount of money consumers reported they would spend on holiday shopping in 2018 was expected to be up 4.1 percent from what they approximated they would spend in 2017. Research shows that a growing number of consumers do their holiday shopping, in person and online, during Thanksgiving weekend. Black Friday is an especially-busy shopping day. In fact, 60 percent of holiday shoppers begin browsing items and making purchases in November. Holiday shopping is something many Americans look forward to even before the holiday season officially begins. 21 percent of holiday shoppers reported that they plan to start shopping in October, and 18 percent of…