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Bay Equity News


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September 10, 2024
Inflation Reduction Act rebates ramping up for fall

Passed in August 2022 the federal Inflation Reduction Act (IRA) aims to address a raft of critical climate change and energy issues through substantial rebates to homeowners and businesses making energy upgrades

Though this is a federal program states will administer the funds and must apply for the grants through the U.S. Department of Energy (DOE)....

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September 4, 2024
Fall is a great time to spruce up your concrete driveway

It’s a common misconception concrete pours best in hot weather when overcast damp weather and mild temperatures of autumn are better.

Moisture is very important to setting concrete and extreme heat dries the water content too quickly making the concrete weak. Cold weather can turn the water into ice. Ice expands and can crack the...

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August 27, 2024
Planning to purchase a home? Talk with a Bay Equity loan officer.

When considering a home purchase prospective homeowners must budget beyond the purchase price.

The first step is creating an overview of your current financial situation to determine how much house you can afford. A pre-approval gives you the tools to set a realistic purchase budget.

Remember: pre-qualification and pre-approval are similar words with quite different meanings....

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August 20, 2024
Homeownership constrains inflation’s drains

The latest economic data indicates a significant financial disparity between renters and homeowners.

Since the start of the pandemic rents have surged by more than 20% with renters now paying about $370 more each month on average. A Fed report found nearly 1 in 5 renters (19%) fell behind on their rent at some point...

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August 13, 2024
Resodding a worn-out lawn is a great fall DIY project

Replacing a worn-out weed-ridden or patchy lawn with new sod can give your outdoor space a fresh green start.

You can start a new lawn any time of the year but early to mid-fall is best for optimal results due to cooler temperatures and active grass growth.

Re-sodding is a large and somewhat expensive project but...

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July 24, 2024
The big move: Deciding whether to sell

Whether prompted by market conditions personal circumstances or even just a desire for a fresh start selling a house in today’s market requires careful thought and planning.

Start by factoring in the suitability of your current home. Will it meet your needs in the years to come or are there limitations?

Selling can be emotionally charged...

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