If you purchased your "starter home" in an up and coming area, you may be amazed to see your neighbors' rental and sale costs continue to climb -- while also frustrated at the increased foot and vehicle traffic that comes along with living in a popular destination. In many cases, you may be able to achieve both your financial and lifestyle goals by turning your primary residence into a short-term vacation rental, capitalizing on the benefits of being centrally located in a vibrant tourist destination without the legwork that goes into running a bed and breakfast or other hotel-like rental.
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Are you getting ready to go house shopping for the first time in your life? The process of searching for a house is not that stressful when there is a solid plan in place. Help from a real estate agent is also ideal, as he or she can assist in numerous ways. In this article, you will find a list of tips that might make your house shopping journey a less stressful task.
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If you need to move or relocate, but you currently own a house and need to sell the house quickly, you might be wondering just how you can go about that. You may also be wondering if you need to stick around until the house is sold, which might seriously complicate your plans or relocation orders. Before you get really stressed out about this, utilize the following tips to make this hasty transition out of home ownership and into your new home far away.
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An open house is a great way for buyers to check out a house without feeling obligated to sellers or their realtors in any way. If you attend an open house, you can roam and look around a house at your leisure. Don't treat it as just a casual event, though. It's an opportunity to potentially find your future home. Before you go to an open house, keep these four things in mind.
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Shopping for a mortgage can be a pretty stressful and overwhelming experience, so it can be helpful to have a starting point to begin with. To help you out with that, here are some tips and general facts to keep in mind when browsing mortgages:
ARM's vs FRM's
The two biggest types of mortgages are ARMs and FRMs. Most other types of mortgages fall into one of these two categories, with the main difference between the two being the interest rate.
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