FamilyFirstRealtyBlog

The Wave Of Millennial Homebuyers Continues To Swell By: KCM keeping matters current 8/8/18 Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream. Comparatively speaking, millennials have taken longer to obtain traditional milestones (like getting married, having kids and buying a home) than generations before them, but that does not mean that they do not aspire to still achieve those things. For older millennials (aged 25-34) who have established themselves in their career and are starting to build their families, homeownership is the next logical choice. According to the  Urban Institute’s  State of Millennial Housing ,  the probability of a millennial becoming a homeowner increases by 17.9% if they are married, and by an additional 6.2% if they have children. Last year, according to the  US Census Bureau , the average age at first marriage was 30 for men and 27 f

12 Cheap Summer Projects That Make Your Home Feel New Now is the perfect time for these do-it-yourself maintenance projects that can potentially save you thousands of dollars. Marilyn Lewis  •  May 8, 2018 983 Home maintenance is like housework, flossing and exercise: Work it into your routine, because the penalty for not doing it is worse than the job itself. For example, cleaning the gutters costs nothing if you do it yourself, and roughly $100 to $200 if you hire a service. Ignore the job, though, and you may face expensive repairs thanks to leaky or overflowing gutters that: Rot fascia boards, soffits and rafters. Drip onto window trim, rotting it. Let water pool at the foundation, causing basement leaks, mold and even foundation damage. Fortunately, summer gives you a chance to repair damage, protect your home and keep its face to the world looking bright. Following are 10 cheap and easy home projects that make your home feel new — and potent

Millionaire To Millennials: Owning Your Home Can Help You Retire Sooner! By: KCM keeping current matters 8/6/18 1.8K SHARES 1.5K 104 53 31 135 In a CNBC  article , self-made millionaire David Bach explained that: “ Buying a home is the escalator to wealth in America. Homeownership can also help you retire early, that is, if you pay your mortgage off. ” Bach suggests that homebuyers should,  “Take out a 30-year mortgage, but with the intention of paying it off in 25, 20 or ideally, 15 years.” How does he suggest you do this?  Here’s the secret: “…If you were paying $1,000 a month, now you’re going to make $1,100 payments every month. Inform the bank that you are doing this and that you want the extra $100 a month to be applied to the principal (not the interest).” What will happen to your mortgage? Bach explains that,  “If you keep this up, you’ll wind up paying off your 30-year mortgage in about 25 years. Increase your monthly payment by 20 percent, and you

5 Reasons To Hire A Real Estate Professional Before Entering The Market! BY: KCM keeping matters current 8/7/18 Whether you are  buying  or  selling  a home, it can be quite the adventure. In this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘ FSBO ,’ but it’s not as easy as it may seem. That’s why you need an experienced real estate professional to guide you on the path to achieving your ultimate goal! The  5 reasons you need a real estate professional in your corner  haven’t changed but have rather been strengthened by the projections of higher mortgage interest rates and home prices as the market continues to pick up steam. 1. What do you do with all this paperwork? Each state has different regulations regarding the contracts required for a successful sale, and these regulations are constantly changing. A true real estate professional is an expert in his or her market and can guide you through the sta