You’ve saved the money and are ready to pay cash to build a new pool for your home. However, that’s just the beginning of your soon to be increased expenses which will include maintenance, higher utilities and higher taxes. Homeowners obviously benefit by a larger equity when their home increases in value due to appreciation. … [Read More]
Archives for March 2016
Neighborhood Spotlight – Murphy Creek
Neighborhood Spotlight – Murphy Creek, Aurora. This desirable golf course community on the eastern outskirts of Aurora features luxury and affordability with prices ranging from $269K to $455K over the last 6 months. Currently there are 3 active listings ranging from $340K to $375K and 11 homes under contract from the $280K to $455K price points…. [Read More]
Leverage – Maximum Advantage to Homeowners
Leverage gives the user a maximum advantage whether it is physically lifting a large object or rapidly building equity in a home. In the case of the home, the high loan-to-value mortgage allows the profits made to be greater than simply the cash invested. A $250,000 home can be purchased on a FHA loan with… [Read More]