Real Estate Tops Best Investment Poll for 7th Year Running

Every year, Gallup conducts a survey of Americans to determine their choice for the best long-term investment. Respondents are asked to select real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds. For the seventh year in a row, real estate has come out on top as the best long-term investment. Gallup explained: “Real estate remains the most...

Take Advantage of Your Home Equity: A Homeowner’s Guide – Part 3

HOW DO I ACCESS MY HOME EQUITY IF I NEED IT? When you put your money into a checking or savings account, it’s easy to make a withdrawal when needed. However, tapping into your home equity is a little more complicated. The primary way homeowners access their equity is by selling their home. Many sellers will use their equity as a downpayment on a new home. Or some homeowners may choose to...

Take Advantage of Your Home Equity: A Homeowner’s Guide – Part 2

WHAT CAN I DO TO GROW MY HOME’S EQUITY FASTER? Now that you understand the benefits of building equity, you may wonder how you can speed up your rate of growth. There are two basic ways to increase the equity in your home: Pay down your mortgage. We shared earlier that your home’s equity goes up as your mortgage balance goes down. So paying down your mortgage is one way to increase the...

Take Advantage of Your Home Equity: A Homeowner’s Guide Part 1

Homeownership offers many advantages over renting, including a stable living environment, predictable monthly payments, and the freedom to make modifications. Neighborhoods with high rates of homeownership have less crime and more civic engagement. Additionally, studies show that homeowners are happier and healthier than renters, and their children do better in school.1  But one of the...
Explains Homestead Exemptions

Homestead Exemptions!

Homestead Exemptions are Due by April 30th.Homestead exemptions remove part of your home's value from taxation. If you want to receive a homestead exemption for the taxes on your home, the home must first qualify as a residence homestead on January 1 of the year in which you are applying.There are two requirements: You must own your home on January 1. (If you are over...