Archives for Buying a Home
The Lure of Credit Cards, Hate It or Love It?
Published On Tuesday, August 19, 2008. Under: Buying a Home, Insights.
Credit cards, plastic money, advance cash, whatever you call it; many people are attracted ...
Individual Buyer vs. Investor in Real Estate
In Matt Woolsey's article "Top Global Real Estate Hotspots", I would like to emphasize ...
Do Yourself a Favor by Starting to Love your Home
Published On Tuesday, July 01, 2008. Under: Buying a Home, Home Renovation, Home Staging and Decor, Insights, Investment Tips, Selling a Home.
I just realized now how fitting it is to identify our home by its "address". ...
What’s the True Value of your Home?
Published On Saturday, June 28, 2008. Under: Buying a Home, Insights.
A few years back a lot of homeowners got obsessed with how much the value of their homes appreciated. The equity in their homes translates to "savings in paper" which they can use to finance another property, a holiday or their retirement. Even if some homeowners did nothing with that equity, it still gave them a feeling of financial security that they are actually richer than when they first bought their property.
However in recent times, that sinking good feeling had turned into financial insecurity and even bankruptcy to some. A lot of people are complaining how they lost a big chunk of the value of their home.
Thus, we sometimes wonder "What is really the true value of our home?" Is it the price we bought it for? Is it the valuation a few years back when prices were high or does today's prices reflect the real value of our homes?
