Posts from April 2019

We recently posted a blog detailing the reasons to buy instead of rent. Here is a closer look at the cost savings and value of purchasing a home over a 60 month period versus paying rent over that same period of time. 

Spring time has finally arrived in Cleveland and with the nice weather comes a competitive housing market! With the increased competition, it is especially important for homeowners currently selling or looking to sell to make sure that their home is looking its best and to the standards of potential buyers. Here are a few tips to improve your home's appearance and increase the likelihood of selling quickly:

1. Update your hardware! A quick way to spruce up your home is to update the knobs and drawer pulls in your kitchen, bathroom, and any other room as necessary. Another tip? Replace all of the outlet covers to make sure they are clean, consistent, and fresh.
2. Freshen up with a new coat of neutral colored paint. In rooms lacking luster, repaint with a neutral color su...

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Paying a fixed mortgage stabilizes your budget. In popular neighborhoods, rent is likely to rise as the neighborhood becomes more desirable and developed. With a mortgage your monthly payments stay the same, making your monthly budget easier to maintain and follow.

Buying a home costs less than renting over time. Although the monthly payment may be more initially, most mortgages have a fixed rate over the life of the loan meaning that you pay the same amount each month for the duration of the loan. Not only are you paying a monthly payment toward a property that you own unlike paying monthly rent, you are also likely to make a return on your investment during the time that you live at the residence.

Home ownership can be built-in savings account.

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