HOME: Owning or Renting?

Posted on December 10, 2010. Filed under: Homebuyers, Ideas & Information, US Housing News | Tags: , , , , , , |

In everyone’s life there comes a time where they have to make the ultimate decision and decide whether to buy and own their own home or continue to rent. It’s a huge decision as both have notable benefits and disadvantages and it is not one to be taken lightly. Well, if you’re renting an apartment, chances are that you’ve had somebody tell you you’re just “throwing your money away.” In most cases, that’s the truth. But renting is something most of us start out doing and many people are comfortable doing it all their lives. In the contrary, owning your own home is the traditional dream that practically everyone has, especially when it comes to starting a family. It gives you a feeling that you have accomplished one of your goals and that you are both financially and emotionally secure as well as giving you a great sense of community.

To sum up, there are many advantages and disadvantages to owning your own home and renting. Some have advantages and disadvantages the other doesn’t have, but both can be a comfortable way to live. When it really comes down to it you have to choose the one that suits you’re financial, emotional and lifestyle needs at this time. Also, you have to take your future into account as well, will you want to be tied down and take responsibility for a huge investment or will you prefer the freedom of being able to move whenever you please?

 

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The Real Value of Historical Homes

Posted on October 6, 2010. Filed under: Homebuyers, Homeowners, Ideas & Information, Real Estate News & Updates, Tips, Uncategorized, US Housing News | Tags: , , , , |

The Real Value of Historical Homes

A historic home has some significant historic relevance as reflected in its architecture. The additional beauty, charm, and historical background of these rare historical artifacts–architect, occupants, and historical events–may greatly enhance the value of the home. Those houses are like antiques in a museum, the only replica of the past that survive until now to tell us what type of life they had before.

Historic homes appeal to people for a variety of reasons.  Many homeowners like the idea of a historic home because it had significant relevance in the past, while others may just like “the look” of architecture from years past. With its rich history, it has a wonderfully textured architectural past that demonstrate the great and ever-changing architectural trends of the past.  A large contingency of buyers, while certainly admiring the property’s aesthetic qualities, will buy a historic home because of the benefits that come with restoring it.  There may also be tax benefits for those who qualify based on their individual restoration project.

If you are in the market to buy a historic home, you should consider that this type of home needs more care and maintenance. You should plan for some renovation but still maintain the originality of it. Buying this kind of home is like discovering artifact from the past that considered as fragile and uncover secrets behind those things. Restoration of historic homes is a challenge for everyone and there are many people out there that will take those challenges as adventure to pursuit.

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STOP FORECLOSURE!

Posted on September 20, 2010. Filed under: Homebuyers, Homeowners, Ideas & Information, Real Estate News & Updates, Tips, Uncategorized, US Housing News | Tags: , , , , , , , |

STOP FORECLOSURE!

Foreclose pix

Everyone is aware of our economic crise’s and nationwide residential home foreclosures and commercial loan foreclosures, that are having a devastating impact on our financial system. Congress has stepped in and has been trying to work with residential homeowners, but the crisis still exists and now the commercial loan sector is experiencing unprecedented defaults.

Experts are estimating that two-thirds of all commercial real estate loans due in the next few years will become delinquent and will lead to foreclosure and financial ruin for banks, servicers and insurance holding companies and for the property owner as well.The market has changed. The commercial vacancy rate has risen to the highest rate since the ‘90s. With vacancy rates high and climbing, landlords not collecting rents, shoppers not spending, real market rents lower than originally forecasted and strong signs that inflation will soon be running rampant. Experts are predicting that, due to these problems and more on the horizon, within the next few years, commercial real estate owners will encounter the same problems currently facing homeowners.

If your facing foreclosure now, it’s the time to decide what is the next action to do before it’s too late. You have to look for a new resolution and stop foreclosure to happen. Join others that make their solutions to their crisis and continue in living with peace in your heart and mind. You need to find people that can help you with this problem. Whom you can trust that have great expertise in dealing with foreclosure problems. Their are many tips you need to follow how to fix problem like this and this Professional will help you and guide you!

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