Choosing the right insurance policy is an important part of being a responsible homeowner. Homeowners insurance is designed to protect you and your family members from liability. It will also cover your home and possessions in the event of a disaster or theft. If you’re in the process of purchasing your first home, or shopping around for a new insurance provider, you may be confused by the many policy options that are available.
Buying a home is one of the biggest purchases most of us will ever make. Saving enough money to buy a house can feel like an overwhelming goal. However, if you put a savings plan in place, you can take steps towards putting money away for a down payment on a new home. Determining how much you’ll need for a down payment is the first step. Here’s how you can figure out what your home savings goal should be.
With home prices still on the rise, it’s a great time to tap into your home’s equity using a Home Equity Line of Credit (HELOC). Tapping into your home’s equity will give you the funds you need for large expenses.
As you pay down your mortgage or the value of your home increases, you develop equity. When you have equity built up in your home, borrowing against it with a Home Equity Lines of Credit (HELOCs) is a great way to tap into the money when you need it most. Many people take out a HELOC to finance home improvements, pay for college education, cover unforeseen medical costs, and many other purposes. Here’s all you need to know about HELOCs.
Whenever mortgage interest rates make the news for being historically low, chances are the idea of refinancing your mortgage has been on your mind. But how can you be sure refinancing your mortgage is really worth it? Here are some things you should think about before refinancing your mortgage.
As a new homeowner, you likely have a long list of items you need or want to purchase for your new home. From welcome mats to window treatments and wall hangings, there’s lots to buy in the first few weeks after closing on your first home. As you browse through new couches and home decor, don’t forget to stock up on the basic tools every new homeowner needs.
With housing prices in Colorado currently at all-time highs, you may be asking yourself, is 2021 a good time to sell your home? While it appears to be a seller’s market, and the perfect time to put your home up for sale, there are many variables to consider before going forward. Below, we’ve outlined important points to know about today’s Denver Metro housing market so you can make an informed decision about selling your home in 2021.
In today’s world, when you can practically look up how to do any project online, it’s tempting to want to do it yourself, but it isn’t always the best choice. Attempting to do a home improvement or repair project on your own can often times end up costing more time, money and problems than it’s worth. Here are some tips to determine when to do it yourself, and when to leave it to the pros.
If you’re a homeowner in need of some extra cash, look no further than your own home. By tapping into your home’s equity, you may be eligible for a Home Equity Line of Credit, or a HELOC. Let’s take a closer look at HELOCs and why they can be a great option for homeowners who need extra cash.
If you’re planning on doing home renovations this year, you may be wondering how to finance it all. Should you take out a loan? Should you just charge all the expenses to your credit card? There are many options, but which one makes the most sense financially?
