Why Your Real Estate Agent Matters!

As parents we can do so much early on to help set our children up for success as young adults when it comes to purchasing a home. One of the toughest obstacles as a young adult —building good credit. It’s hard, right!? Do you remember just starting out as a20-something? I’m sure you remember how hard it was to have a credit card, let alone paying it off and keeping good standards with the credit card company. This is something I know my wife and I struggled with.

PMI -- it's like the loathed word when purchasing a home because perception is, is that it's another added cost on top of mortgage and unaffordable. GUESS WHAT?! We owned our last home 2 years ago. We had well over 20% to put down on it to not have PMI, but decided that it was actually cheaper to pay the monthly PMI than to use up all of our cash in a down payment. PMI can actually work in your advantage if you look at it the right way. ↓ (and it has to make sense for you, we recognize every person and every financial situation is different).

Airbnb or long term rental? It’s a question we’re fielding more often with our 2nd time buyers, investors and homeowners. While each makes complete sense, there’s a few things you’ll want to personally weight out. We have clients who have gone either direction with their personal or investment home - either converting it into a long term rental or using it as an Airbnb - and have had a lot of success with both.