As the population gets older, a growing number of adult children are deciding to have an elderly parent move in with them. This allows family members of multiple generations to spend time together regularly, which has physical and mental health benefits for older adults. A multigenerational living arrangement also costs significantly less than assisted living or nursing home care. If you’re thinking about creating an in-law apartment for your parents, here are some tips on how to make it safe.

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How Home Equity May Help You Buy Your Next Home in Cash

Monday, December 23rd, 2024
Gretchen Tipps

Building equity in your house is one of the biggest financial advantages of homeownership. And right now, homeowners across the country are sitting on   record amounts   of it.

Here’s a look at how that equity could be a game changer for you, and why it’ll flip your perspective from “Why would I move right now?” to “Why wouldn’t I?

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When Will Mortgage Rates Come Down?

Wednesday, December 4th, 2024
Gretchen Tipps

One of the biggest questions on everyone’s minds right now is: when will mortgage rates come down? After several years of rising rates and a lot of bouncing around in 2024, we’re all eager for some relief.

While no one can project where rates will go with complete accuracy or the exact timing, experts offer some insight into what we might see going into next year. Here’s what the latest forecasts show.

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Wonderful job to our agents Jane Horne, Vicki Millehan and Debbie Shelton for their rankings within the Berkshire Hathaway HomeServices network in the third quarter of 2024!

Jane Sullivan Horne ranked 2nd place in Virginia in the category of Agents Total GCI.

Vicki Millehan and Debbie Shelton ranked 1st place in Virginia in the category of Small Teams Total GCI.

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Upgrades That Can Help Your Home Withstand a Hurricane

Monday, September 16th, 2024
Gretchen Tipps

Hurricane-force winds and torrential rain can devastate entire cities. The Smith Mountain Lake area typically isn't in the direct path of hurricanes, but can still be at risk of damage by the outer bands of strong storms. You can make changes to protect your house. While it’s not possible to prevent hurricane damage altogether, you can significantly reduce the risk.

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