Owning a home is a hallmark of the American Dream as well as one of the best ways to build wealth. In fact, the average homeowner has 40x the net worth of renters and $299,000 in equity.
Many younger generations, however, feel this is a dream out of reach. But what if there was a way you could help those in your family get on the ladder to homeownership? By tapping into your equity and offering them a gift, loan, lease or trust to buy their own home you can help them start creating their own generational wealth and a brighter future.
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A hallmark of the American Dream is to own your own home. But half of Americans, especially millennials, don’t believe that goal is in reach. That sentiment might be true in your family as well. But what if there was a way you could change that story?
Tapping into home equity to help a family member buy their first home sets them up for a brighter future and gives them a head start on the path to their own generational wealth. Helping loved ones now means you get to enjoy the gift in action rather than hope an inheritance is used the right way. If you are just starting out on the real estate journey, check out some steps in this month’s piece you can take to begin building your own generational wealth. And please reach out to us if there is anything we can help you with! This month, we're providing some tips on how you can boost your curb appeal this spring. You may find that these simple actions will help you not only reduce your stress and overwhelm, but it may also help create positive relationships with your neighbors.
If you could use some help with your home maintenance, check out our preferred contractors on our Business Directory, or give us a call. We'd love to help you out! Does this quote apply to you? If so, you’re not alone. Many people want to move but feel locked-in by their low mortgage rate. It’s difficult to time exactly when things will really shift, but as we explain in this month’s flyer, there can be a price to pay when you put off your decision to buy or sell.
We're also sharing with you some easy ways to enhance your home’s interior and exterior. Not only does a tidy home increase its overall value, but it also helps to reduce stress, leaves you less overwhelmed and can improve relationships with family and neighbors. It can be fun to look at your home with a fresh eye and do some sprucing-up projects yourself. But if you need the name of a qualified professional for any type of work outside of your wheelhouse, let us know and we'll connect you to one. You can also check out our preferred contractors on our Business Directory. This month, we're providing insights into the typical expenses associated with five common home renovation projects. While these figures offer a general idea, keep in mind that the actual costs can fluctuate based on factors such as the project's scope and your location.
If you're looking to have a project done and need some help, check out our Business Directory for valuable resources. Now that the winter is here and we’re all inside more of the time than usual, you may be feeling that your home is a bit cramped. If so, you’re not alone. One in four people say they’ve outgrown their home.
This month we're sharing some information on why and how people decide to renovate their homes. It could be an easy fix, like reconfiguring existing rooms or a much bigger project, such as building an accessory dwelling unit (ADU) or adding a second story. We’ve also included typical costs for these projects as well as the ROI. (Of course, costs will vary based on scope of project and location.) We hope you find this information useful, and if you need a professional to help you with any home renovations, feel free to reach out and we’ll connect you to one in my trusted network. In fact, we have listed our two preferred general contractors below. If you need additional referrals, please check out our Business Directory, or reach out to us directly! This month we're sharing how significant milestones in people’s lives, as well as declining mortgage rates, help to create a pent-up housing demand. We're also sharing some of the benefits of living near loved ones.
Every year millions of Americans make the decision to move. The number one reason? The yearning to be closer to family. This desire is often driven by life's significant milestones such as growing families, weddings, new jobs and retirements.
If living closer to family isn’t possible right now, there are ways that you can strengthen those bonds. This month we are sharing some of those ideas as well as an interesting stat to ponder — living near loved ones may help you live 50% longer. If this flyer gets you thinking that maybe it is the right time to consider a move, please feel free to reach out to us and we can chat about possible options. We're always here to answer any questions you or your family may have related to real estate. As we start a new year, the real estate market is once again shifting. Many experts project that rates will finally start to decline. When that happens, it’s anticipated that there will be an influx of buyers and sellers ready to enter the market.
This month we're sharing information on the state of the housing market, historical interest rates and some well-researched stats on why the typical homeowner moves. We're here to answer any questions you may have about real estate and help you through every step of your future home sale or purchase. Please feel free to reach out any time! This month we are sharing some creative ideas on how to wrap or present your holidays gifts without using traditional wrapping paper. You may already have some of these materials on hand or they can be purchased inexpensively at discount stores!
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