Most Personal Loan Borrowers See Higher Credit Scores

MoneyTipsCan you raise your credit score by taking out a personal loan? You can if you borrow responsibly – and a new study from LendingTree.com shows that borrowers with lower credit scores can see significant benefits. Outstanding personal loan balances have nearly tripled since 2011, rising from $46.4 billion to $125.4 billion by June 2018. While that’s a small slice of America’s $13.54 trillion total household debt, the effect on credit scores shouldn’t be ignored. LendingTree found that 62.4% of personal loan recipients had a higher score one month after receiving a loan – surprising since pre-loan credit checks…

Determining the Major and Minor in a Home Inspection

Hiring a home inspector is a critical part of the home-buying process. Today, it is unthinkable that anyone would buy a home without bringing in an inspector. Worth their weight in gold, home inspectors provide an experienced and objective assessment.  Yet because of this objectivity, the home inspector will report all problems relating to the home that falls within their scope. From trivial issues that can be quickly cleared up to stomach-wrenching deal breakers, the inspection report will equally report problems that the next homeowner – you – will inherit from the previous owner. How can you distinguish between problems that are…

Fair Market Value of a Home: How that All-Important Number is Determined

One of the most confusing things for any homeowner is trying to understand how much their home is actually worth. Fair market value, often abbreviated as FMV, is the value at which an asset (like your house) would sell under normal market conditions. It’s a primary tool used to determine a home’s asking price. So what exactly determines the fair market value of a home? We spoke to some industry experts who explained how they go about figuring out the fair market value of homes on the market.  Home Buying Fair Market Value of a Home: How that All-Important Number…

25 Ways to Save Money on Your Electric Bills This Winter

As much as you wish, electric bills are something that can’t be avoided. During the snapping cold winter months, your electric bill can climb up to insane heights, sometimes blowing your entire month’s budget. Want to learn how to lower your electric bill sticker shock? We got you Follow this list of things you can do to help you save money on your electric bill. 25 Ways to Save on Your Electric Bill 1. Use Your Dishwasher Dishwashers may use electricity, but using one regularly can save more energy, money, and time rather than hand washing. Using a dishwasher instead of hand washing can save…

How Roof Replacement Costs Can Increase Even After The Project Has Begun

Estimating the costs of a roof replacement isn’t easy. Every home is different and even the best roof contractors cannot account for every single contingency. Thus, it is inevitable that, sometimes, additional costs can be uncovered by your roof contractor, beyond their control, after work has begun. Especially with older homes, there are just too … …

The Best Gutter Guards For Your Home

Gutters are an integral part of our home’s roof as they play a role in maintaining both its structural integrity and longevity. Whenever it rains, gutters collect water and help to direct it away from the home. If you want to protect your gutter, gutter guards are an ideal purchase as it’ll help keep any debris and leaves from clogging up your rain gutters or downspouts.  If you’re new to purchasing a gutter guard and aren’t quite sure where to start, we’ve got you covered. Here, we’ll talk about the benefits of gutter guards and what you should look for when…

You Know You’re into Real Estate When… “Quarandreams” Start Happening to You

Here’s one of the weirdest side effects of the coronavirus pandemic that we’ve heard of so far: People around the world are experiencing a rash of bizarrely vivid quarantine dreams while sleeping, called "quarandreams." And surprisingly often, these weirdly intense sleep visions are all about real estate. Sleep experts and dream analysts agree that the rise of quarandreams is not surprising, given that many are under a lot more stress than usual, combined with the fact that it’s simply easier to remember dreams when there is less noise outside to wake us up mid-sleep cycle. But why are so many…