Have you ever wondered whether you can afford to buy a house? If so, you are not alone. Here are 5 Rules to remember and 5 Questions to ask yourself.
So, you are home shopping, have found ‘The One,’ and you’re ready to make an offer. Are you sure you know what you’re doing? I mean, of course you know that you plan to make an offer, but do you know what comes with the house that you think you are ready to buy? The …
[VIDEO] Hurricane Michael devastated much of Florida, and destroyed many homes that were in its path. Benchmark went above and beyond to make sure that Dustin and his family were taken care of.
The fee amount depends on the type of veteran, whether you choose to put a down payment, and whether you have used the VA loan benefit before. Some people are exempt from having to pay the fee, and the VA has the last word on who is exempt.
The post VA...
Does renting make you feel a little too transient? Is community important to you? It may make sense to become a homeowner. Almost nothing can help you put down roots, be involved in your community, or serve as an automatic catchment for memories quite like owning your own home.
With student debt making headlines on a regular basis, and the rates of homeownership being lower, is there a connection? Maybe. In the first issue of Consumer & Community Context, a publication from the Federal Reserve, an article by Alvaro Mezza, Daniel Ringo, and Kamila Sommer, Federal Reserve Board Division of Research & Statistics entitled, “Can …
If your plan for 2019 includes selling your home, you will want to pay attention to where experts believe home values are headed. According to the latest Home Price Index from CoreLogic, home prices increased by 4.7% over the course of 2018.
The map below shows the results of the latest index by state.
Real estate is local. Each state appreciates at different levels. The majority of the country saw at least a 2.0% gain in home values, while some residents in North Dakota and Louisiana may have felt prices slow slightly.
This effect will be short lived. In the same report, CoreLogic forecasts that every state in the Union will experience at least 2.0% appreciation, with the majority of the country gaining at least 4.0%! The prediction for the country comes in at 4.6%. For a median-priced home, that translates to over $14,000 in additional equity next year! (The map below shows the forecast by state.)
So, how does this help you list your home for the best price?
Armed with the knowledge of how much experts believe your house will appreciate this year, you will be able to set an appropriate price for your listing from the start. If homes like yours are appreciating at 4.0%, you won’t want to list your home for more than that amount!
One of the biggest mistakes homeowners make is pricing their homes too high and reducing the price later when they do not get any offers. This can lead buyers to believe that there may be something wrong with the home, when in fact the price was just too high for the market.
Pricing your home right from the start is one of the most challenging parts of selling your home. Once you decide to list your house, let’s get together to discuss where home values are headed in your area!
Happy Valentine’s Day! We hope your day is filled with family, friends and happy moments that become favorite memories! ♥️
We are humbled to announce we will be honoring Navy SEAL Jon ‘JT’ Tumilson at Boot’n & Shoot’n this year.
Jon had always wanted to become a Navy SEAL growing up, and enlisted in the Navy in 1994. He dedicated his career to serving our country, serving in SEAL Team ONE, SEAL Team Three, and ultimately making it through the arduous selection process to join the Naval Special Warfare Development Group SEAL Team SIX in the fall of 2010, just a few months before other members of …that team took out Osama bin Laden.
Jon Tumilson was killed in action on August 6, 2011, during a mission in Afghanistan. JT was one of 30 U.S. military service members killed when ‘Extortion 17’ was shot down by enemy fire. Like JT, several of the 17 Navy SEALs killed in the attack were members of the unit’s famed Team 6. It was the single worst loss of American lives in the Afghanistan conflict, and the single deadliest day in the history of U.S. Special Operations Command.
Maybe you want to remodel the kitchen, paint the walls, or re-tile the shower, but you either don't have permission, or you know it would be throwing money away. Here are a few more reasons why home owners enjoy more privacy and more security than renters.