Is your wealth in the house (equity) safe? Is it at risk? To answer that question you must first understand what we mean by safe. Let’s define safety as minimizing or eliminating the potential loss of the investment. Will Rogers once said, “Return ‘of’ my money is more important than return ‘on’ my money.” Your Read More >
Archives for January 2015
Is Your House a Good Place to Park Your Wealth?
The most basic purpose of a house is to provide a place to meet our physical needs for safety and shelter and our social needs of family and community. We believe most people would agree that the house serves each of these purposes quite well. However, many people use the house in a way that it was not intended or Read More >
What Makes Your House a Unique Investment?
One of the biggest misconceptions many homeowners have is that their house is the best investment they’ve ever made. Let’s take a closer look. If you purchased a $250,000 house in 1990 and put 100% down (paid $250,000 cash), and sold it in June 2003 for $600,000, you would have realized a $350,000 profit, which is a Read More >