Here’s Where Home Prices Could Go (And 7 Moves To Make)
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Home prices have been on a wild ride (which some homeowners wish would smooth out already). Unfortunately many are predicting a correction in the housing market, with the Federal Reserve Chair Jerome Powell recently using the words “difficult correction.”
Not words homeowners want to hear. The truth is we’ve all been on a zero interest binge for over a decade. The Fed left interest rates too low for too long, and now the people who made this huge mistake might be going to fast to try to fix it.
Luckily for most homeowners, real estate values are still higher than what they used to be in most places, and home equity is at some of the highest levels ever. Here are 7 moves homeowners should check right now to see if they could be of big value to them. They are all easy enough to try from your mobile phone right now.
1. Find Out How Much Cash You Can Get For Your Home In Just 3 Minutes Right Now
If you’ve thought about selling your home to cash in and waiting out the housing correction, why not find out right now how much cash you can get without needing to even put your home on the market with a real estate agent. Did you know there’s a way you could receive a cash offer within 24 hours without any broker, or any showings?
Offerpad could give you a competitive cash offer right now. All you need to do is fill in a 3-minute questionnaire. Just fill in some info and Offerpad will carefully evaluate your home with local market expertise.
If you choose to accept your offer, Offerpad will also provide you with free local moving to your next place. You can also pick your closing day, which could be in as little as 24 hours, or choose to extend your stay to live in your current home a little longer.
Find out what your home’s cash offer is in 3 minutes right now.
2. Turn Some Of Your Home Equity Into A Lot Of Cash
If you have equity in your home, another option to get cash could be to turn some of that equity into a large pile of cash with a cash-out refinance. You could use the cash for virtually anything you want.
A cash-out refinance replaces your current home loan with a new bigger mortgage, allowing you to take advantage of the equity you’ve built up in your home and access the difference between the two mortgages (your current one and the new one) in cash. The cash you get can go toward virtually anything you want, such as home improvements, paying off debt or other purposes you have.
With New American Funding, you can check your mortgage cash-out refinance rates in just a few clicks!
New American Funding has funded $60 billions in home loans since 2010. You’ll need a credit score of 620 or higher to get approved with New American Funding.
Find out how much cash you might be able to get from New American Funding now by clicking right here!
New American Funding: NMLS#6606
3. Leave Your Family With Millions By Taking A Few Minutes Right Now
We hate to think about it, but who would make the mortgage and bill payments if something were to happen to you? One of the smartest moves you can make is to help protect your family’s financial future. Many people underestimate how much money is needed to provide for their families after they die. This is why life insurance is very important.
The older you are, the more expensive life insurance becomes. And because today is the youngest you’ll ever be, there’s no better time than today to get a life insurance policy.
Plus, with Ladder, you can actually lock in your rate. As you age and your health declines, you’ll get to keep paying that same low premium.
Ladder offer’s term life insurance policies starting from as little as $4.95 a month, and you can complete the company’s application in 5 minutes. Ladder is 100% digital for coverage up to $3 million which means no medical exams or filling out paperwork! You’ll simply have to answer a few health questions as part of the online application.
Get your free quote from Ladder today and help ensure your family’s financial future is secure.
$4.95/month pricing is based on 20-year-old female, preferred plus rating with a 10 year term and $100,000 in coverage.
Ladder Insurance Services, LLC (CA license # OK22568; AR license # 3000140372) distributes term life insurance products issued by multiple insurers – for further details see ladderlife.com. All insurance products are governed by the terms set forth in the applicable insurance policy. Each insurer has financial responsibility for its own products.
4. This Might Sound Silly, But Art Might Be A Hugely Helpful Asset
When you think about investing you probably think about stocks and real estate (you already own your home). You might think that investing in fine art by the likes of Banksy and Andy Warhol is only an option for the ultra-rich. But not anymore.
Masterworks is an investment platform designed specifically for investing in contemporary artwork.
Why? Because, like a fine wine, a piece of fine art can get better — and more valuable — with time.
And maybe because, between 1995 and 2020, contemporary art has outperformed the S&P 500 by 174% — that’s nearly three times the returns — according to the Citi Global Art Market chart.
Masterworks is one of the first art investment platforms, and it’s available by invite only. (Don’t worry; we got you an invitation! skip the waitlist and sign up with Masterworks today) It lets you bypass the hard parts of art collecting, so you can just enjoy the rewards.
Here’s how it works:
- The Masterworks research team watches the art markets to discover which types of works are going up in value.
- Then it sends out an acquisition team to snatch up a piece and offers shares to member investors.
- You select shares to buy (with no minimum investment), and Masterworks uses its proprietary data to help you tailor your portfolio based on your financial goals.
- You can earn money by selling your shares to other Masterworks users, or hold onto them and earn your share of the proceeds when Masterworks sells the piece.
5. Ask This Company To Help Get Rid Of Your Credit Card Bills & Debt
It’s easy to think of your credit card bill & debt as the exact dollar amount that you charged to your card, but that’s not always the case.
Credit cards typically come with high interest rates. This means that after interest fees, late fees, and other fees, you could be paying a ton of unnecessary money to your credit card company. Worse yet, it could make it difficult to get out of credit card debt.
One way to potentially avoid these expensive fees is to get a personal loan and use it to pay off all of your credit cards. A personal loan could give you a lower interest rate so that you pay significantly less money on your debt.
Credit company Experian has been around for more than 125 years, and can match you with personal loan options from multiple companies best suited for your credit score and needs. It’s so easy too.
Just create a quick account and let Experian do the rest. It’s kind of magical. Give it a try right now. Experian can also match you with best credit card offers for you and give you your free credit score, and more.
6. Get A Top Financial Advisor To Help You Manage Your Money
Now might be one of the best times to get on top of your finances.
Obviously, there are no guarantees a professional will do better than you at managing your money. But if you have a portfolio size of over $50,000 (could be a combination of cash, stock, or other assets) getting a second opinion from a pro certainly can’t hurt. Even if you don’t need help picking investments, they can help you create a plan, maximize your Social Security, protect your assets and offer you peace of mind by ensuring you’re on the right track.
These days, there are no-cost online services that make it easier than ever to find trustworthy financial advisers in your area. For example, Wiser Advisor. You fill out a short questionnaire and are instantly matched with up to three local fiduciary financial advisers, all legally bound to work in your best interests.
The process only takes a few minutes, and in many cases you’ll be offered a free consultation.
Nothing to lose, lots to potentially gain: Take a minute and check it out right now.
7. Your Homeowners Auto Insurance Bills Are Probably Too High, Here’s How You Might Reduce It In Minutes
When was the last time you checked your homeowners or auto insurance rate? Don’t you hate being ripped off! Insurance companies love when you’re lazy. You could be saving money! For many people, there are cheaper rates floating around but they just don’t know where to look. You may be able to save up to $947 a year with the company below.
With Liberty Mutual, you could customize your car and home insurance to save $947 a year. It takes just a couple of minutes to check your rate.
You could only save further with an online purchase discount and get rewarded for things like good driving behavior. There’s also a possible paperless policy discount and a pay-in-full discount.
Whether you’re looking for a better rate on home or auto insurance (or both), get a quote right now.