In The News

The curb appeal is an important aspect of any home. No matter the reason
for wanting to improve yours, here are some ways in which you can do this.

Have you heard of agritourism? Get to know this concept and how it’s
changing commercial real estate in this informational and exploratory
article.

More Than a House: The Emotional Benefits of Homeownership With all the headings and talk about real estate cost, it can be alluring to obtain lost in the economic side of buying a home. That’s only natural as you think of the dollars and cents of everything. And while you inevitably need to be able

Photo by Freepik Landscape layout is not merely an art; it’s a tactical strategy to boosting your home’s aesthetic charm and market price. Amongst the myriad of alternatives readily available to shrubs, bushes and residence owners attract attention for their capacity to substantially transform outdoors areas. However, their sophistication and value-enhancing ability are not just

Thinking about assessing your property? Understand the key factors
influencing property value to make informed financial stability growth
decisions.

Are you a part of the Sandwich Generation? According to Realtor.com, that’s
a name for the roughly one in six Americans who take care of their children
and their parents or grandparents at the same time.

Lately Built Homes Could Be a Game Changer This Spring Getting a home this spring!.?.!!.?. !? You’re probably surfing today’s price obstacles and caring for the limited selection of homes to buy. What happens if there was an option that could aid with both? If you’re having a tough time uncovering a home you such

Discover the hidden gem of Villas at Harbor Isles, a gated community
offering a tropical oasis with royal palms.

Experience the epitome of modern living in this fully updated single-family
pool home, nestled in the highly sought-after Imperial Point neighborhood.
This stunning 3-bedroom, 2-bathroom residence features elegant wood-like
tile flooring throughout, impact-resistant windows and doors, a newer AC
and water heater, a recently updated roof, and a convenient circular
driveway.

Should You Rent Out or Sell Your House?

Figuring out what to do with your house when you’re ready to move can be a big decision. Should you sell it and use the money for your next adventure, or keep it as a rental to build long-term wealth?It’s a question many homeowners face, and the answer isn’t always straightforward. Whether you’re curious about the potential income from renting or worried about the responsibilities of being a landlord, there’s a lot to consider.Let’s walk through some key questions to ask to help you make the best decision for your situation.Is Your House a Good Fit for Renting?Even if you’re interested in becoming a landlord, your current house might not be ideal for renting. Maybe you’re moving far away, so keeping up with the ongoing maintenance would be a hassle, the neighborhood isn’t great for rentals, or the house needs significant repairs before you could rent it out.If any of this sounds like it might apply, selling might be your best option.Are You Ready for the Realities of Being a Landlord?Managing a rental property isn’t just about collecting rent checks. It’s a time-consuming and sometimes challenging job.For example, you may get calls from tenants at all hours of the day with maintenance requests. Or you may find a tenant causes damage you have to repair before the next lease starts. You may even have to deal with people falling behind on payments or breaking their lease early. Investopedia highlights:”It isn’t difficult to find horror stories of landlords troubled with more headaches than profits. Before deciding to rent, consider talking to other landlords and doing a detailed cost analysis. You might find that selling your home is a better financial decision and less stressful.”Do You Have a Good Understanding of What It’ll Cost?If you’re thinking about renting out your home primarily to generate extra income, remember that there are additional costs you’ll want to plan for. As an article from Bankrate explains:Mortgage and Property Taxes: You still need to pay these expenses, even if the rent doesn’t cover all of it.Insurance: Landlord insurance costs about 25% more than regular home insurance, and it’s necessary to cover damages and injuries.Maintenance and Repairs: Plan to spend at least 1% of the home’s value annually, more if the home is older.Finding a Tenant: This involves advertising costs and potentially paying for background checks.Vacancies: If the property sits empty between tenants, you’ll lose rental income.Management and HOA Fees: A property manager can ease the burden, but typically charges about 10% of the rent. HOA fees are an additional cost too, if applicable.Bottom LineTo sum it all up, selling or renting out your home is a personal decision that depends on your circumstances. Whatever you decide, taking the time to evaluate your options will help you make the best choice for your future.Make sure to weigh the pros and cons carefully and consult with professionals so you feel supported and informed as you make your decision. That’s what we’re here for.