A home appraisal not only verifies that a home's value supports a loan request, it also verifies that the property is as marketable as comparable properties in the area. A lender wants to be confident that if the home has to be sold, it will be easy to market and sell to the next buyer.
It'll soon be time to open the pool and get the yard ready for the backyard barbecues. Here are five tips to ensure a trouble-free swimming pool opening this summer:
Topics: Home Ownership
Renting an apartment may not be as big a financial commitment as buying a house, but if it's your first time looking for a place to call home, the apartment rental process can feel just as daunting. Our guide covers the basics so you can move into your new home with as few bumps as possible.
Back in the day, I got a paper paycheck every Thursday from my employer. It was the highlight of my week, for sure. What wasn’t fun was depositing my check. I had to scoot directly from work so I could get to the bank before it closed.
If I ran late, it meant waiting two more days before I could make a deposit. Then I had to stand in line with everyone else on Saturday morning. I definitely had better things to do.
Whether you decide to tackle a do-it-yourself project or hire someone else to remodel your kitchen, beautify your bathroom, or finish the basement, these three common mistakes can throw a wrench in your plans for a stress-free home renovation project.
How can you make a budget when you are never sure how money will be coming in? It's a dilemma that many entrepreneurs, artists, and commission-only salespeople face. If doing the work you love to do is important to you, here are four things you can do to manage an unsteady source of income:
It can take 2 to 4 weeks from application to closing for a home equity loan or HELOC (Home Equity Line of Credit), depending on the complexity of the loan request.
Here's what happens during the home equity application process:
Topics: Home Equity
Let's get real and admit that poring over the terms of your car lease probably isn't high on your to-do list. When I get a new car, I'm tempted to ignore the rather boring and overwhelming terms of the deal. I’d much rather think about the fancy GPS system, the heated seats (score!), and the beautiful interior than things like interest rates, doc fees, and destination charges.
Whether you've already started the car buying process or are just beginning, you're probably wondering whether to buy or lease a new or used car.
When you first consider the home improvements which will increase your home value, you probably think about a new coat of paint, some landscaping improvements, or the proper staging of your home while it's on the market. While these are all effective methods for increasing your home's overall appeal, there is another thing to consider - the energy efficiency of your HVAC system. Through the Mass Save Home Energy Assessment program, you can even get an interest free loan to upgrade your furnace.
Topics: Mass Save