Selling? Here’s a DIY project that will help attract buyers
In the current real estate market, buyers are looking for big incentives to pull the trigger on a new home purchase. One place sellers can add a lot of “umph” to attract better offers is the kitchen backsplash. Even a dated kitchen can be brought back to life by a trendy backsplash. Fortunately, you can likely add your own, and depending on the materials you choose, it can be quite inexpensive relative to the return you get. You’ll wonder why you never did it before!
Curious Real Estate Words: Amortize
The word “amortization” refers to the process of paying off your mortgage, where the interest is paid first and the principal last. The word amortize comes from the Old French word “amortiser,” which means “to kill off.” Recognize the word “mort” in there — as in mortuary, mortal, and mortgage? Amortize was first used in the 16th century in reference to religious orders and their practice of gradually buying back land and property that had been pledged as collateral for loans. Over time, the concept was applied to finance and real estate.
