Building financial freedom through your home.
As with other systems in your home, your plumbing system will serve you longer with fewer issues if you keep up on maintenance. So, here are a few things that will keep you water flowing…and draining: Flush your shower, bath, and sink drains every 90 days with baking soda and vinegar, followed by 3 minutes […]
When you’re considering repainting, take some time to intentionally decide how you want the room to feel. Is this room supposed to invigorate you? Excite You? Does this room need to calm you down? Do you need to concentrate in this room? Over half of the human brain is dedicated to simply interpreting visual information, […]
Hypothetical question: What does a seller need to disclose about an HIV-positive, meth-cooking (and using) criminal who murdered their spouse in the house, committed suicide in the house, and then haunts the house the seller wants to sell? The answer? Nothing. The seller doesn’t legally have to disclose anything, though it may be a good […]
When it’s starting to turn cold, there are a few things you should do to your home to make sure it’s ready for the icy cold that’s coming. Clean your gutters. They trap debris all year long. Make sure they’re clear so you don’t have icicles build up in specific places where the gutters overflow. […]
Your light bulb burns out, what do you replace it with? Compact Fluorescent Light (CFL) or Light Emitting Diode (LED)? Well, the smart money is on LEDs. They last longer, they are more efficient, and they are cheaper…in the long run. Let’s start with lifespan. CFLs are designed to last about 8,000 hours (or about […]
When it comes to home maintenance, one of the most cost-effective, long-term improvements is insulation. The effectiveness of insulation depends on the type of insulating material and the amount of it. The “R” is short for “Thermal Resistance.” The higher the number, the better the resistance…and the lower your heating / cooling bills. The most […]
The duties of an agent are spelled out in the standard agency agreement. In the state of Utah, the Buyer Broker Agreement (for buyers) and the Exclusive Right to Sell (for sellers) outline the duties of an agent and the protections you have as a client. The agent’s duties include “fiduciary duties to the [client] […]
The heart of this question is, “Am I ready to be an investor?” Let’s look at some of the considerations. First let’s talk about “Owner Occupied” financing. This means that you live in the house you buy. This type of financing is much cheaper to come by than “Investment” financing. On any investment property, you’ll […]
This question comes up more after the market has been going up for a while. People worry about the proverbial “bubble” housing market. What if you get “caught” buying a house, and the market falls out from under it? So should you buy? The answer is YES! And here’s why. Let’s talk about a few […]
Lenders want to know your credit score when you’re getting ready to buy, but why? What is a credit score, and why do lenders care? Well, a credit score is a number between 300 and 850 that indicates how likely you are to repay a debt. Less than 1% of Americans score below 470, and […]