The popular saying in property or real estate investment is “buy low, sell high.” So, why are more people not turning a profit on their property with such a simple rule? Because it can be difficult to know what “low” and “high” is in a market that’s constantly changing. Many people can overvalue real estate.
The recent wildfires that devastated many U.S. communities illustrated the need for homeowners to make sure their insurance policies provide adequate coverage to repair or replace a disaster-damaged dwelling. Too often, people buy a homeowners policy and then forget about it, never bothering to see if the payout amount has kept pace with construction costs, said
What’s your idea of the perfect winter escape? Do you want to trade your boots and down jacket for flip-flops and shorts or would you rather pack up your skis and snowboards and head for the slopes? Do you want to own a place by a beach or at the base of a mountain? We’ve chosen
Image source: Getty Images. Retirement is a time of major change in your life. For many retirees, one of those changes involves leaving their home. Downsizing to a smaller house is popular among retirees for lots of reasons. You may not need such a large home after your kids have gone, taking care of a
When you purchase a condominium, townhouse or single-family home in a planned development, you must join that community’s homeowners association (HOA) and pay monthly or annual HOA fees for the upkeep of common areas, shared structures and shared exteriors. About one in five U.S. homes belong to a homeowners association, according to a data analysis by
As more and more baby boomers retire, many of them flock south for winters. Often called snowbirds, they like flying to a sunny, warm climate where they won’t need to shovel the snow off the sidewalk or face a car battery than won’t crank. However, before taking off for your winter destination, ensuring your home