An election year is a time of reflection on the values we hold dear. It’s also a good year to plan for Thanksgiving dinner at home instead of traveling to listen to Aunt Fanny rave about the collapse of the American way of life based on the election outcome, while Uncle Earl insists the new president is the best thing since sliced cranberry sauce. Regardless of the election outcome, an inarguable trend during an election year is a decrease in the growth of property values nationwide.
Different sources repo... read more
Early in home ownership, it’s tough to picture life without a mortgage payment. Would you travel more? Take that art class? Save more for retirement? Among the choices you can make with extra income, putting some toward your mortgage is a sound financial decision. Choose from several strategies toward knocking out your home mortgage.
• Buy a home you can afford in the first place. Lenders are usually pretty generous in approving mortgage loans. Look to buy a home priced lower than the maximum amount a... read more
There are many options to consider when it comes to funding your retirement, and some savvy investors are padding their nest egg by simply buying another nest. No, we're not talking a second home here, we're talking about investment properties. Whether residential or commercial real estate, investment properties can enable you to collect income before and beyond retirement. Of course, as with any investment, there are pros and cons to consider.
On the upside, rental properties can offer you regular income every ... read more
Weekend parties and weeknight retreats are so much more fun in a well-assembled man cave. You don’t need a whole basement: A guest room or a storage shed can be converted into a cool man cave with some creativity. Whatever your space, fill it with decor that speaks to you.
Collector? Built-in shelves are the key for your trophies, model cars or vintage beer bottles. Line the backs of your shelves with rope lights for an interesting effect. Remember the dust factor: with every cool collection come cobwebs and... read more
Contrary to some beliefs, not all wine gets better with age. If you find yourself unable to resist that lovely bottle of chardonnay to go with the Riesling … and the pinot noir … and the Malbec that you already have at home, you may want to consider creating a space to store your wine so it stays happy and delicious, ready for a party. Many new homes are adding wine cellars to their original design, but with a little knowledge and creativity, you can add a wine cellar to any house.The first question i... read more