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Showing posts from October, 2015

Myths BUSTED about buying a home

Courtesy of The Chris Fritch Real Estate Team ~ Anoka County Residential Real Estate Specialists Myth #1 - "It's Cheaper To Rent Instead Of Own" If you buy a property that is within your budget and your mortgage terms allow you to make comfortable monthly payments, the cost of rent can often be higher than mortgage payments. Sure, there are other expenses associated with owning a property that you wouldn't be responsible for if you were renting, but one thing that many people forget is the fact that renting does not allow you to build equity. The ability to build equity into a property that you own is like paying into a savings account, if you buy a home for $200,000, and pay down your mortgage to $175,000 in 5 years, you'll have $25,000 in home equity that can be tapped into later if you need a lump sum of cash to pay for other large expenses. Myth #2 - "The Perfect Home Is Out There - I Just Have To Wait For It" Buyers have a tendency to focus to…

How to prepare your home for vacation

How To Prepare Your Home For Vacation Courtesy of The Chris Fritch Real Estate Team, Buyer Specialist John Schmidt, Executive Assistant Allison Mulcahy, Social Media Expert Peggy Fritch 763-746-3997 ~ With the winter just around the corner, many people can't wait to get out of town! Here are tips to keep your home safe while you are away. If you'll be gone for a couple weeks or more, I suggest following all these steps. If it's a short trip, you may choose to omit some. Here we go! 1. To start, you'll want to purge your refrigerator and pantry of any perishables. You'll likely have household staples (sugar, flour, etc.) that you won't want to toss; store those in tightly sealed containers. 2. Round up all of your trash bags and take them out to your garbage bin. Make sure you bring your garbage bin to the curb so the garbage crew can access your trash. 3. Scan your yard, patio, or deck for any outdoor items and fur…