Home Buying

How To Downsize Your Home

How To Downsize Your Home

Often times, with retirement comes the need to downsize your home to a more manageable size. If the idea of sorting through all of your positions to downsize your home sounds daunting, Forbes has curated a list to help you accomplish the task of downsizing with relative ease.

Happy Valley Horse Haven

Happy Valley Horse Haven

Live a luxurious country lifestyle with all the privacy of 62 sprawling acres surrounded by world class mountain views. This magnificent Happy Valley equestrian property is a mere 6-minute drive from the heart of Sequim letting you live the quiet life close to town.  

Where to Invest in Housing

Where to Invest in Housing

Recent headlines appearing in publications across the U.S. have been calling to the rising prices of real estate, the rates at which the housing market is finally bouncing back after the recession, and steady mortgage rates continuing into the home-buying season. So, if someone asked me if now was the time to invest in real estate? I would have to answer with a resounding “yes!” And Forbes agrees. In a recent feature, the company made a list of the best places to invest in housing in 2017.

Six Basic Personal Finances Facts People Constantly Get Wrong

According to a recent article on LifeHacker, it seems that there are a lot of financial “facts” out there that actually aren’t facts at all. No wonder there’s so much confusion regarding personal finance!

Below are six facts that people often get wrong:

  1. A Higher Tax Bracket Does Not Mean All of Your Income is Taxed More
  2. When you Sell an Investment, You Only Owe Taxes on the Gains, Not on Everything
  3. Putting Money in your 401(k) Doesn’t Mean Tax-Free Income, It Just Means you Pay the Taxes Later On
  4. Renting Isn’t Just Throwing Money Away and Buying a House Won’t Make you Rich due to “Equity”
  5. Having a Big Tax Refund Costs you Money
  6. If you’re Unhappy, Having that Thing You Want Most Won’t Make you Happy

Read the Full Article >>

Are you a Millennial Looking to Buy a Home? Here's a Few Pointers to Get you Started

It's the season of college graduation and many millennials are turning toward their futures, asking questions about careers and likely looking long-term goals that include purchasing a home. In "Dear College Grads: Start Saving for Your Dream House Now (and Other Unsolicited Advice for Your Future," Jamie Wiebe says people often make the process sound easy: "Make money, save money, have good credit. Ta-da, a house!" But she says, "not so much: Getting your finances in order for home ownership can be a challenge, even if your goal isn't a luxury mansion." Luckily, she provides some useful ways to prepare for a future home purchase.

1. Build a solid credit history by opening a credit card and paying your student loans on time because you'll want a score above 700.

2. Think about homeownership when you contemplate careers, considering factors such as income and locale.

3. Cut a significant chunk of your student loans to ease balancing student debt and a mortgage easier.

4. Establish a general idea of your goals for a home, which will help you work toward a financial plan to meet your needs. 

5. Save as much money as you can, not only for your down payment, but also for the additional 5% that closing costs, home inspections, and taxes may add to your home's purchase price. 

6. If you're thinking about investing, don't gamble -- utilize a financial adviser or a high-interest savings account, which provide less risk.

7. The income bump that a new job brings shouldn't mean an increase in your lifestyle spending. If you save your extra money, you'll be far better off in the future than if you attend that extra happy hour.

8. Finally, don't be afraid of beginning in a simple home or small apartment as a starter property, knowing that you can always upgrade in the future.