21 Nov 2024
By 24hr Mortgage

Why Regular Home Maintenance Is More Than Just a Chore

Around The Home, ,
Owning a home is huge and one of the most valuable investments many of us will ever make. Like any valuable asset, your home requires care and upkeep to ensure it stays in great condition, retains value, and remains a safe, comfortable haven. Here’s why making regular home maintenance a priority pays off in the long run: 1. Preserve Property ValueA well-maintained home can significantly enhance curb appeal and preserve, or even increase, property value. Regular upkeep such as painting the exterior, maintaining landscaping, and fixing minor issues as they arise helps prevent wear and tear. If you ever decide…
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12 Nov 2021
By 24hr Mortgage

What To Know About Property Values and Refinancing

Mortgage, ,
There are many people who are thinking about refinancing their homes. For example, some people may be interested in reducing their monthly payments, while other people may be interested in tapping into the value of the home to fund a home improvement project. What is the relationship between property values and refinancing? There are several important points to keep in mind.  Property Values Tend To Rise First, it is important for homeowners to understand that property values tend to rise during the life of a mortgage. For example, someone may purchase a home valued at $250,000. Then, fifteen years later,…
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27 Aug 2021
By 24hr Mortgage

The Process Of Estimating Property Values

Mortgage, ,
Property values are a moving target. They are important to buyers and sellers because everyone wants to get the best deal possible. Sellers want to get as much money for their investment while buyers do not want to overpay for a home. There are a lot of factors that play a role in property values including the economy, the number of people looking for homes, new home construction, schools, the job market, and more. How do real estate agents estimate the value of a home? How Much Will Someone Pay For A Home? The market value of a home is…
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27 Aug 2019
By 24hr Mortgage

Should You Relocate A House To Improve Its Value?

Real Estate, ,
What can be done with a house that is just perfect but it is in a bad neighborhood or a dangerous spot? Think about homes that are in decent condition; yet, too close to the water. America is experiencing flooding now that is not supposed to happen in 500 years. That cute little beach bungalow could easily get wiped out in the next hurricane. It might be time to think about moving those homes to a safer area or higher ground. The International Association of Structural Movers says that around 8,000 homes are moved each year in America. Relocation may…
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