Deciding What To Do When You Inherit A House
Of all the types of assets, real estate is usually the most emotional. It is, after all, difficult to make memories in a mutual fund
Category: Real Estate
Real estate is a major investment. Darrow Wealth Management has guidance on buying before selling a home, becoming a landlord, financing and refinancing, different mortgages types, buying a home for retirement, inheriting a home, owning a rental property, vacation and second home considerations, tapping home equity, and more. Real estate can make a great investment, but it is also very illiquid and often emotional. Before making a big financial decision, consider all aspects of your financial situation.
Starting a Home Renovation? Don’t Ignore These Key Insurance Risks
More homeowners have been renovating their homes instead of buying due to housing prices. While continuing to build equity in your home can be advantageous
True Cost of Owning a Second Home
Owning a second home or vacation property can sound enticing. But it can also be very expensive, both in terms of time and money. There
With Mortgage Rates So Low, Is Now a Good Time to Refinance?
With 30-year fixed mortgage rates currently averaging below 3%, it might make sense for homeowners to consider refinancing. Depending on several factors, such as your
2 Big Myths About Being a Landlord
Real estate is one of the most emotional investments there is. Particularly when buying a home, investors are far more inclined to let emotions drive
Is It Just a Myth That Real Estate is a Better Investment Than Stocks?
Owning real estate can certainly pay off, but to say it’s unequivocally a better investment than putting money in the financial markets is short-sighted. Over
Is Refinancing Your Mortgage Worth It? Here’s How Much You Could Save
How much can refinancing your mortgage save you? Mortgage rates are currently very low – the average 30-year mortgage is now below 3%. It might
Should You Buy Your Retirement Home Before You Retire?
When should you buy your retirement home? Buying a retirement home too early could be short-sighted, despite long-term intentions. Whether you’re in your 30s or
What to Look for When Buying a Home for Retirement
There are plenty of ways to buy a home, but for many pre-retirees, it may be a good idea to wait until you’re much closer
Is it Better to Buy a Home with Cash or a Mortgage?
Should you get a mortgage if you can buy the home with cash? The idea of living mortgage-free can be particularly enticing for individuals nearing