Investment tips

Investment tips

There are currently 24 blog entries related to this category.

Getting ready for retirement for  Jean-Luc Andriot blog 071521

How to get ready for retirement

For most people, retirement feels like a long way off. But, if you don’t start preparing as early as possible, you may find yourself in a place of financial insecurity when the time does come. To avoid this, consider implementing the following tips.

1. Calculate your target savings. In general, it’s recommended that you save between 10 to 15 percent of your income for retirement. However, you can always use an online savings calculator to determine the amount you need to save for your specific needs and goals.

2. Contribute to your employer’s retirement savings plan. Does your job offer a 401(k), traditional IRA, or Roth IRA? Sign up and start saving as soon as they allow you to. It’s recommended to set up

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July 2021 - Jean-Luc Andriot - Blog Post Image

If you’re searching for drama, don’t limit yourself to Netflix.

Instead, tune in to the real estate market, where the competition among buyers has never been fiercer. And with homes selling for record highs,1the appraisal process—historically a standard part of a home purchase—is receiving more attention than ever.

That’s because some sellers are finding out the hard way that a strong offer can fizzle quickly when an appraisal comes in below the contract price. Traditionally, the sale of a home is contingent on a satisfactory valuation. But in a rapidly appreciating market, it can be difficult for appraisals to keep pace with rising prices.

Thus, many sellers in today’s market favor buyers who are willing to guarantee their full offer

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June 2021 - Jean-Luc Andriot - Post 3

Learn how to determine your current net worth and how an investment in real estate can help improve your bottom line.

Among its many impacts, COVID-19 has had a pronounced effect on the housing market. Low home inventory and high buyer demand have driven home prices to an all-time high.1 This has given an unexpected financial boost to many homeowners during a challenging time.
However, for some renters, rising home prices are making dreams of homeownership feel further out of reach.

If you’re a homeowner, it’s important for you to understand how your home’s value contributes to your overall net worth.
If you’re a renter, now is the time for you to figure out how homeownership fits into your short-term goals and your long-term financial future. An

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April 2021 - Jean-Luc Andriot - Blog Post Image

Today’s real estate market is one of the fastest-moving in recent memory.
With record-low inventory in many market segments, we’re seeing multiple offers—and sometimes even bidding wars—for homes in the most sought-after neighborhoods. This has led some sellers to question the need for an agent. After all, why spend money on a listing agent when it seems that you can stick a For Sale sign in the yard then watch a line form around the block?

Some buyers may also believe they’d be better off purchasing a property without an agent. For those seeking a competitive edge, proceeding without a buyer’s agent may seem like a good way to stand out from the competition—and maybe even score a discount. Since the seller pays the buyer agent’s commission, wouldn’t

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January 2021 - Jean-Luc Andriot - Social Media Image

The start of a new year always compels people to take a fresh look at their goals, from health and career to relationships and finance.
But with historically low mortgage rates, increased home sales and price growth, and a tight housing inventory, the time is right to also make some homeownership resolutions for 2021.

Home buyers, is this the year you work to improve your credit score, pay down some debt, or save for a down payment?

Home sellers, we’ve laid out plans for you to get top dollar for your property, including timing your home sale, making your property stand out from the crowd, and investing in your extra living space.

And even if you’re staying put for awhile, homeowners, you can resolve to improve your status quo by evaluating

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September 2020 - Jean-Luc Andriot- Social Media Image

The pandemic has changed the way many of us live, work, attend school and those changes have impacted our priorities when it comes to choosing a home.

According to a recent survey by The Harris Poll, 75% of respondents who have begun working remotely would like to continue doing so—and 66% would consider moving if they no longer had to commute as often. Some of the top reasons were to gain a dedicated office space (31%), a larger home (30%), and more rooms overall (29%).1

And now that virtual school has become a reality for many families, that need for additional space has only intensified. A growing number of buyers are choosing homes further from town as they seek out more room and less congestion. In fact, a recent survey found that nearly 40%

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Video - Looking for ways to take advantage of the lowest mortgage?

Mortgage rates hit an historic low, but the best rates are reserved for prime borrowers. So what steps can you take to secure the lowest possible rate?

Video - July 2020 - Jean-Luc Andriot - Add Value To Your Home With These 9 DIY Improvements

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May 2020 - Jean-Luc Andriot - Social Media Image B for Jean-Luc Andriot blog 050420

These days, it seems like everyone’s looking for ways to cut costs and stretch their income further. Fortunately, there are some simple steps you can take to reduce your household expenses without making radical changes to your standard of living. When combined, these small adjustments can add up to significant savings each month.

Here are 20 things you can start doing today to lower your bills, secure better deals, and begin working toward your financial goals.

  1. Refinance Your Mortgage - For prime borrowers, mortgage rates are at or near historic lows. Depending on your current mortgage rate and the terms you choose, refinancing could save you a sizable amount on your monthly payments. There are fees and closing costs associated with

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February 2020 - Jean-Luc Andriot - Social Media Image

Homeownership offers many advantages over renting, including a stable living environment, predictable monthly payments, and the freedom to make modifications.
Neighborhoods with high rates of homeownership have less crime and more civic engagement. Additionally, studies show that homeowners are happier and healthier than renters, and their children do better in school.1

But one of the biggest perks of homeownership is the opportunity to build wealth over time. Researchers at the Urban Institute found that homeownership is financially beneficial for most families,2 and a recent study showed that the median net worth of homeowners can be up to 80 times greater than that of renters in some areas.3

So how does purchasing a home help you build wealth?

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Downsizing Your Country Club Home for Jean-Luc Andriot blog 121619

Boca Raton is a Hub for Empty Nesters and Here’s Why

If you’re at the Gen X age or a boomer, you may be thinking about downsizing your country club or single-family home. Empty nesters are flocking to Boca Raton creating a hub for people just like you. However, there may be some hidden expenses you aren’t thinking about which are outlined in this blog. Another reason you need to read this is to find out why our Palm Beach County city is a hub for those looking to buy property because of lifestyle changes.

Scenario: The kids are married or moved away to college and don’t plan on coming back. Once full, that 5-bedroom with 6-bathroom home seems a waste of space. A smaller space seems more practical. You’re among many people that fit into this life

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