Miscellaneous
If you or anybody you know and love is looking to buy and/or sell real estate in the near future, please don't hesitate to reach out HERE with any questions!.Welcome to the first ever episode of On the Corner of Well & Why! This is my new real estate series where we're sharing knowledge, wisdom, tips, personal experiences and the tools you'll need to understand a little bit more of what goes on behind the scenes of buying or selling a home..So much of my wellbeing has to do with where I'm living and with whom, and lifestyle choices are absolutely altered when these variables are changed..Christin Kingsbury is one big flooding source of information regarding real estate and investing..In this episode, we talked investing as a landlord, a flipper or even a first time home buyer, Christin’s top five tips for starting from where you are, as well as problem solving strategies..Links: Facebook // Get Some Assets Inc. // @kingsbury_group // @spirituallynutritious // @seasyourhome // wellandwhy@gmail.com.~ Jargon defined by Google ~Financing: "Financing is the process of providing funds for business activities, making purchases, or investing. Financial institutions, such as banks, are in the business of providing capital to businesses, consumers, and investors to help them achieve their goals."Balloon payments: "a repayment of the outstanding principal sum made at the end of a loan period, interest only having been paid until the point in time under discussion."Equity: "Equity is the difference between the market value of your home and the amount you owe the lender who holds the mortgage. 1 Put simply, it's the amount of money you'd receive after paying off the mortgage if you were to sell the home."Capital: "Capital is typically cash or liquid assets being held or obtained for expenditures. In a broader sense, the term may be expanded to include all of a company's assets that have monetary value, such as its equipment, real estate, and inventory."Net Worth: "In a nutshell, your net worth is everything you own of value (total assets) minus everything you owe in debts (total liabilities). Your total assets include cash, or anything that could be sold for cash, investments, real estate properties, cars, stocks, jewelry, well you get it, everything you own."Manufactured home: "Manufactured housing refers factory-built homes that can be placed on a piece of land. Styles vary from modest trailers to dwellings that look like houses built permanently on a site."Site built homes: "A site-built home is one where all the components, right down to the lumber and fasteners are brought to the outdoor location and assembled outdoors, piece-by-piece, and exposed to the weather during most of the process." See acast.com/privacy for privacy and opt-out information.