According to a recent study by Telework Research Network, 30 million people work from home at least once a week, and that number is expected to grow by 63 percent over the next five years. While dedicating an entire room for a home office is ideal, it’s not always practical. With smaller laptops and office furnishings and Wi-Fi connections, work areas can be set up anywhere in the home. Before setting up a workspace at home, here are a few ideas to consider.
Category Archives: Buying a Home
What Do First-Time Buyers Want?
A recent issue of Realtor Magazine noted that first time home buyers make up roughly a third of the buyers who will hit the market this year, and that number keeps growing. They are a little younger than the repeat buyers who currently dominate the market and they are thriftier. At a median age of 31 (versus a repeat buyer who is on average 53), their average income is $70,000. They also have a different set of priorities.
Seller Financing your Home Purchase
Per the recent Realtor Magazine issue, tread carefully amidst the revival in contract-for-deed sales!
A contract-for-deed is a seller financing option that’s been gaining popularity with credit challenged buyers.
This kind of arrangement is when buyers pay the sellers a high-interest installments toward the purchase price of the home. Know that under a contract for a deed, equity is not accrued and the deed is not obtained until the loan is paid off. Meanwhile, sellers have the authority to edit buyers, typically in 30 to 60 days, if they miss even a single payment.
Welcome to the Neighborhood
Moving is hard: With all the logistical considerations of buying the home, closing, moving out of the old place and then into the new, unpacking and then getting settled, you might be too overwhelmed to actually get out and meet the neighbors. But nothing will make your new house feel like a home like knowing the area and the people around you. Here’s a few ways to get involved:look pretty attractive, but homeowners looking to take advantage should make sure they understand the following information first: