Is the wealth in your house (equity) earning a return? To answer that question you must first understand what we mean by return. Let’s define return as the interest or growth you receive on money you invest. Do you know the actual return on the wealth in your house? Many people believe the return on the wealth in their Read More >
Is Your House a Good Place to Park Your Money? Is It Liquid?
Posted on: 02.03.15
Is your wealth in the house (equity) liquid? Is it accessible? To answer that question you must first understand what we mean by liquid. Let’s define liquidity as the speed and ease with which you may convert your wealth to cash. This is an important distinction because typically when a homeowner needs to access the Read More >
Is Your House a Good Place to Park Your Wealth? Is it Safe?
Posted on: 01.27.15
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 >
Is Your House a Good Place to Park Your Wealth?
Posted on: 01.20.15
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?
Posted on: 01.13.15
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 >
Is Your House a Good Investment?
Posted on: 01.06.15
Have you ever wondered if your house is a good investment? Chances are you have. Let’s face it; you bought a house because you believed it would rise in value over time. Admit it. If you were certain it would fall in value, you wouldn’t have bought it. You would have rented instead. For many Americans, the house has Read More >