Is Your Rent Going Up?

Homeownership helps provide predictability. Individuals can enjoy steady and consistent housing costs thanks to the tax incentive that allows them to own a home. That’s because a fixed-rate mortgage payment might not change for 15 to 30 years, while rents typically increase 2 to 3 percent a year. read more

Are you Locked Up Tight?

As Americans hit the road this summer for vacation, would-be burglars are scoping out their next victim. Don’t let it be you. Make sure your home is securely protected by the latest and greatest in locks. Some tips from This Old House hold the key.

Exterior doors: Thirty-four percent of break-ins happen at the front door, so make sure it has a dead bolt. Ranging from $25 to $300, they come in separate pieces (a dead bolt and a lock set) or a handle set that has both features. Two important parts to look for: a dead-locking latch bolt, which prevents entry by jimmying with a credit card, and hardened pins that can’t be sawed. The best option in case of an emergency? A handle set that allows you to open the dead bolt and latch from inside in one motion. read more

Renters have Lower Net Worth than Homeowners

Owning a home is one of the best ways to build long-term wealth, providing both equity accumulation and tax benefits over time. In 2013, the median net worth of homeowner families was $195,400, while the median net worth of renters was $5,400, according to the Federal Reserve.

Call me and let’s work together in getting you out of that rental and into your own home! read more

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