Blog - April | fnrrealty

The Benefits Of Home Ownership

Why pay the same amount for rent when you can pay that much with a mortgage? Most people do not think that they can afford a home and would be pleasantly surprised to find out that it is very possible. With a mortgage, the initial payments go toward paying the interest. However, over time, your mortgage payments go to reducing the principal and increasing your equity. Increasing your equity allows you to plan for future goals or for your retirement. Your equity even increases as your home value increases. As a further bonus, your mortgage interest and property taxes are tax deductible.

April 10, 2014

This is extremely beneficial in the early years since most of your mortgage payments go towards paying off interest. This can mean significant tax savings for you. For further details, consult your accountant.The allure of renting is very understandable. Your landlord handles repairs and you are not fixed to one locale. However, before looking for apartments, talk to a loan officer to see what you qualify for and you may be surprised to find out you have more options to renting and can begin to search for your dream home.

How to Sell your House Quickly for the Best Price

Do you want to sell your home quickly? The best approach is to view the home from the perspective of a potential buyer. Make the home move-in ready. Depersonalize your home removing excess photos and artwork from the refrigerator. You want the buyer to see the home with their belongings. De-clutter your home to make it more open and spacious looking. Make repairs, paint and clean your home. A simple fresh coat of paint can make a world of difference. Look at your home and see what home inspector or appraiser will see and

fix it before the time of inspection.

April 6, 2014

Make sure all electrical outlets are covered; there are no exposed wires or chipped paint. If you have a pool, make sure you can see the bottom of the floor.