The National Association of Realtors just released updated information on buying trends over the past twelve months. Here are the five biggest changes. 1. Fewer First-Time Home Buyers Historically, first-time buyers make up 40% of the home-buying market. However, over the past twelve months, that number has dropped to only 26%. The primary reason for the […]
Understanding Eminent Domain- The Government’s Right to Take Your Property
Pre-condemnation planning is critical for any property owner whose land is in the path of aproposed government project. Under the power of eminent domain, the government canforcibly acquire private property for public use. However, the owner must be appropriatelycompensated. Even though it may be possible for property owners to stop the government from takingtheir land, […]
How to Get Your Home Ready to Sell in 2023
Key Takeaways Sell your home faster with these easy repair and design tips Minor improvements make a big difference Contact us to sell your home for top dollar in 2023 Thinking about selling your home in 2023? Your property’s interior and exterior look and feelhave a direct impact on the final sale price of your […]
How to Reap Long-Term Financial Benefits From Renting Out a Home
If you want to earn a consistent passive income, renting out a property is one of the most viableways to do so. Being a property owner is also a symbol of prestige if it’s something you’vealways aspired to. The Alfriend Group weighs in on how to transition into being a landlord, asopposed to simply selling […]
Understanding Debt-to-Income Ratios
I often have questions from buyers, primarily first-time buyers, about the loanapproval process. There are three primary aspects to the loan approval process. Debt-to-income ratios. Down payment. Credit score. First, let’s discuss the debt-to-income question. Debt-to-Income RatioOne of the first steps of the mortgage approval process is the percentage of yourincome going toward your total […]
Roof Maintenance Tips for New Homeowners in Ohio
Buying a new home in Ohio is an exciting endeavor, but it also comes with a lot of responsibility. It’s not just about keeping up with the interior aspects of your home; you also need to take care of the exterior. Donnie Hall, owner of Mighty Dog Roofing in Huber Heights, explains, “A disciplined approach […]
5 Tips for Tackling (and Surviving) Home Renovations
Renovating your home opens up all manner of possibilities, but it does take time and effort.Here’s everything homeowners should know about starting a renovation project, courtesy of TheAlfriend Group. Choose Upgrades CarefullyMost homeowners have big dreams for their properties, but it’s unlikely you’ll be able to makeevery improvement on your list. Consider the options and […]
Upsizing Your Home to Make Room for Your Business
Has your business outgrown the limits of your home? If your kitchen table is covered inbusiness paperwork and your bedroom is full of inventory, it might be time to upsize into abigger space. Moving into a home with adequate space for your business will give you thebreathing room you need to think clearly and keep […]
8 Winter Tips to Protect the Investment in Your Home
Winter in Ohio is a beautiful time of year. But Ohio winters are not easy on your home. With snow and freezing temperatures coming fast, here are eight winter tips to protect the investment in your home. 1. Clear Your Gutters and Downspouts Ice damping is a major source of wintertime problems. During the warmer months, your gutter can […]
Everything You Need to Know About Eminent Domain
What is Eminent DomainEminent domain is the power to take any property for public purpose without the owner’s consentin exchange for the payment of just compensation. Every private property owner holds title to theirproperty subject to the power of eminent domain. Federal, state, local government agencies, andeven railroads and public utility companies have the power […]