Looking to buy in a community with an HOA? Here’s what you need to know about your membership options. So you’ve found your dream home, but it happens to be in a neighborhood with a Homeowners Association, commonly known as an HOA. There are plenty of rules and regulations you’ll have to follow as a homeowner […]
All posts by Jason Opland
Does a Swimming Pool Add Value to Your Home?
Surely we don’t have to tell you all the benefits of owning a swimming pool. From hosting great backyard get-togethers to taking a dip anytime you want, the benefits of having an in-ground pool at your house are self-apparent. But does it add value to your home? Pools are certainly popular, and recent research suggests […]
Columbus Resident Can Now Rent Tools From Local Nonprofit
It’s that time of the year when you might be eager to start a garden or home remodeling project, only to realize that you’re missing that one specific, expensive tool we thought we’d never actually need. Luckily for Columbus residents, Modcon Living, a nonprofit organization dedicated to equipping homes and sustaining communities. Modcon Living’s tool-lending program, “Tool […]
Gap Between Homeowner and Renter Net Worth Continues to Widen
One of the best ways to build your family’s financial future is through homeownership. Recent data from the Federal Reserve indicates the net worth of a homeowner is over 40 times greater than that of a renter. Maybe it’s time to start thinking about buying a home. Every three years the Survey of Consumer Finances […]
A New Offer From Rocket Mortgage and Rocket Homes Claims to Help Buyers Save on Closing Costs
Rocket Mortgage, today announced BUY+, a collaboration with sister company Rocket Homes that it alleges keeps cash in consumer’s pockets. Clients who obtain purchase financing from Rocket Mortgage and find a home with the help of a Rocket Homes Partner Real Estate Agent, will receive a credit equal to 1.5% of their loan amount to put […]
How Changing Mortgage Rates Can Impact Your Purchasing Power
The 30-year fixed mortgage rate has been bouncing between 6% and 7% this year. If you’ve been on the fence about whether to buy a home or not, it’s helpful to know exactly how a 1%, or even a 0.5%, mortgage rate shift affects your purchasing power. The chart below helps show the general relationship […]
When Is The Best Time To Sell A Home?
Understanding the seasonal trends in the real estate market is a crucial first step in determining the best time to sell your home. But, the decision to move is often a personal one. It’s important to take other factors into account when planning the sale of your home including: your financial situation, the current condition […]
Buying a Vacation Home – 7 Steps to Financing a Second Home
Buying a second home is a big step, but one with personal and financial rewards. Perhaps the most obvious is — it’s a place to holiday. Owning a vacation home beats staying in a tiny hotel room, spares the hassle of having to make reservations, or worrying about the cost of rental rates and restaurant prices […]
Columbus Ohio Housing Market Report – February 2023
February saw 1,728 closed sales in Central Ohio, marking a 14% increase over last month. The sales bump is a positive indicator that the region is coming out of the winter months, and attitudes around the local market remain resilient. While the number of closed sales in February improved over the first month of 2023, […]
Understanding Real Estate Bonus Depreciation
Bonus depreciation allows you to minimize your tax liabilities and maximize your return. With bonus depreciation, you can deduct a large portion of the cost of qualifying assets during the year they were placed in service. Unfortunately, understanding bonus depreciation, how it works, and whether it’s right for your real estate investment strategy is no […]