When it comes to building your wealth, there are few investments as good as real estate. When you buy a house, you boost your net worth considerably. In fact, in 2016, the average homeowner had a median net worth of $231,400. Renters on the other hand had a net worth of only $5,200, according to the Federal Reserve. That’s a HUGE difference in net worth—we’re talking hundreds of thousands of...
We talk a lot about the financial benefits of homeownership because there are just so many of them. But owning a home has way more benefits than just financial. 1. You can have pets! Gone are the days of paying ridiculous pet rent or sneaking your dog out the door when the landlord comes to visit. When you own your house, you make the rules. And if you want to have the most pet-friendly property around,...
There’s a lot that can go wrong during a renovation. But a lot of renovation mistakes can be easily avoided. Watch out for these four things the next time you do a renovation on your home. 1. Ignoring the style of your home. When it comes to a home’s aesthetics, you have quite a bit of room to play. But putting a super modern kitchen in a little brick cottage or adding a farmhouse chic look to a slick...
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