House-hacking refers to buying a multifamily property on an owner-occupied mortgage, living in one unit and renting the others. If you’re thinking about becoming a rental mogul, starting early is an advantage. Not only will you have longer to accumulate a larger portfolio, but you can also increase the leverage...
Read more
About: Maggi Pritchard
Recent Posts by Maggi Pritchard
The relationship between homeownership and net worth
Maggi Pritchard
Comments are closed
During the span between 2019 and 2022, the COVID-19 pandemic significantly disrupted both society and economic activities. Nevertheless, the latest Survey of Consumer Finance, which has recently been unveiled, highlights widespread enhancements in the financial well-being of American families during this timeframe, especially concerning their net worth. The median net...
Read more
Understanding Credit Life Insurance for Home Buyers
Maggi Pritchard
Comments are closed
Credit life insurance is a specialized type of insurance designed to provide financial protection for borrowers and their families in the event of the borrower’s untimely death. This insurance is often associated with loans, including mortgages, and is specifically tied to the outstanding balance of the loan. In the case...
Read more
Discover how to make a difference in your neighborhood
Maggi Pritchard
Comments are closed
Whether you’re a seasoned homeowner or just starting this thrilling chapter, every time you turn your key, you’re not just entering a house but also embedding yourself in a neighborhood. The heartbeat of a vibrant community doesn’t solely rest upon pristine lawns or architectural beauty, but predominantly on its residents...
Read more
How Home Value Growth Beats Renting
Maggi Pritchard
Comments are closed
Over the last 60 years, the average sales price of homes has appreciated at a rate of 5.56% annually, according to the Federal Reserve Economic Data. During the same period, rent has increased at a rate of 3.88% annually which presents a compelling argument in favor of homeownership. When we...
Read more
Recent Comments by Maggi Pritchard
No comments by Maggi Pritchard yet.
