Restrictive HOA

Living in an HOA community sounds like a dream… Beautiful neighborhood, close-knit community, well-maintained yards… Sounds great, right? Well, not always. In fact, one of the most common challenges of living in an HOA home is how restrictive it can be — mandatory maintenance, high landscaping expectations, poor communication, or consistent noise complaints from neighbors. … Continued

Becoming a Landlord

Considering becoming a landlord to make some extra money? Owning real estate is a great long-term investment strategy. In fact, at Vivid Properties, that’s what we do — we buy properties, fix them up, and either flip them or rent them out to tenants. And we thought we’d share a few tips from our own … Continued

Building Equity

How can a homeowner easily increase their equity? Increasing equity on your home means you’ll make more money when it sells AND it means you can refinance to get a lower monthly payment. So obviously, there are a lot of advantages to equity. And the good news is, every mortgage payment pays money toward the … Continued

Closing Costs

When you’re trying to sell a home, what exactly ARE closing costs? Closing costs for a seller can reach 8% – 10% of the sale of a home. So estimated closing costs on a $250,000 home could be $20,000 to $25,000… That’s a lot of money! But where is that money going? Does the seller … Continued

Need a Home Office

More people are working from home than ever before! And as fun as working from home is… it also has its challenges. Maybe, for instance, your home doesn’t have room for an additional office and so you’re having to work at the kitchen table, in the guest room, or even in your bedroom. (Meanwhile, the … Continued

Relocation Regrets

Did you relocate to Philadelphia, but you didn’t really know the area? This is often the case. A person has to move for a job change or transfer, to be closer to family, retirement, or many other reasons. Their house sells quickly, and now the clock is ticking – time is not on their side. … Continued

Installing a Pool

Thinking of adding an above-ground pool to your home? 🏊 That’s great! Having a pool at home can be an awesome source of fun and a great way to make memories. But is it worth it? Is the cost and work of putting in an above-ground pool worth the payoff? For starters, HomeAdvisor’s estimates that … Continued

Behind on Mortgage Payments

What should a homeowner do if they’ve fallen behind on their mortgage payments? Unfortunately, most homeowners who’ve fallen behind get overwhelmed and simply ignore the phone calls, emails, and bill statements… hoping that the problem will go away. But it won’t. In fact, the worst thing a homeowner can do is ignore the problem. But … Continued

House Condemned In Philadelphia

Is your property at risk of being condemned? Maybe it’s the home you live in, maybe it’s a home you own but haven’t seen in a while, or maybe it’s a property that you recently inherited… Whatever the case, homes get condemned when a government entity determines that the property is no longer fit to … Continued