Being a homeowner is often a big financial investment, from the down payment to home maintenance and improvements. But there are ways to save when you own a home, too — particularly on your annual tax returns. Homeownership typically comes with a number of tax deductions and credits that aren’t available for renters. Are you ready to save on your tax bill? Here are some perks you should have on your...
Spring is an excellent season for spending more time outdoors. And if your home has a sizable outdoor space, that’s even better. A patio or yard presents so much opportunity: You can play with your kids or pets, invite the neighbors over for a cookout, or simply relax and enjoy the weather as it warms. Before you do all of that, though, you should think about updating your outdoor space. Need help...
Unless you’re buying a brand-new home, you may find that there are changes you’d like to make after you move in. Maybe there aren’t enough outlets in the home office space, or there’s a pedestal sink in the bathroom where you’d prefer cabinets for storage. Whatever the update, diving in right away might not be the right move. If you’re considering making renovations to your newly purchased...
As you likely know, the housing market has been struggling with inventory for years. Years of low production from home builders certainly play a part in this shortage, but an increase in construction isn’t the fastest way to solve the issue. Existing homeowners —many of whom are currently hesitant to sell — factor in, too. Here’s what is keeping homeowners in place (and how it impacts housing...
Making a solid offer is the first step toward buying your dream home, but remember: Sellers have goals in this process, too. Your first offer may not be accepted as is. In many cases, a seller will respond with a counteroffer — a new version of your offer with changes to the price, contingencies, timeline or other details. As a buyer, you’re free to accept their offer, reject it or come back with a...
Moving to a new home is never really easy, but it can be particularly challenging when you’re doing a long-distance move. Over 8 million people moved out of state in 2022 alone, according to the U.S. Census Bureau — and that means you can do it, too. Are you considering moving to a new state (or even region) this year? Here are some ways to make the process easier. Declutter and donate unused...
Paying off your mortgage early could save you money on interest paid over the life of the loan. It can also free up money to put toward other goals, like saving for retirement. Despite these perks, though, prepaying a mortgage isn’t right for everyone, and there may be some downsides to this strategy. Are you thinking of paying off your mortgage early? Check out some pros and cons to consider before...
As the saying goes: “Everything old is new again.” This is particularly true when it comes to style trends, including home design. The looks of the past can provide endless inspiration for homes today, and you don’t have to choose just one era or approach. You can mix and match trends from multiple decades and interior design styles. Are you looking to give your home decor a refresh? Here are some...
When you moved into your home, you probably took lots of photos. It’s fun sharing pictures of a new space with people in your life and on social media. Once you’ve lived there for a while, though, you likely take photos less frequently (or stop taking them altogether). But it turns out that taking photos of your home on a more regular basis can have benefits. Here’s why you may want to start...
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