Understanding Real Estate Regression: Protecting Your Property Value

Understanding Real Estate Regression: Protecting Your Property Value

In the intricate world of real estate, one of the most crucial aspects to comprehend is the concept of market regression. The term ‘real estate regression’ refers to periods when property values decline due to various economic, social, or environmental factors. As an expert in the field, I emphasize the importance of the keyphrase “Safeguarding Value Against Real Estate Regression.” Particularly for those dealing with inherited properties, understanding how to protect your investment during such downturns is essential. One of the most effective strategies in this context is selling your property to an all-cash buyer.

 

Why Consider an All-Cash Buyer in a Regressing Market?

A regressing real estate market presents unique challenges. Property values can decrease, buyers may become scarce, and the uncertainty can prolong the selling process. In such situations, an all-cash sale emerges as a beacon of stability and assurance. Here’s why:

1. Guaranteed Sale in an Uncertain Market

The most significant advantage of selling to an all-cash buyer is the guarantee of a sale, regardless of the market conditions. In a regressing market, this assurance is invaluable. While other buyers might struggle with financing or become hesitant as market values fluctuate, cash buyers offer a steadfast commitment.

2. Swift Transaction

Time is of the essence in a regressing market. The longer a property lingers on the market, the greater the risk of its value diminishing further. All-cash sales are renowned for their speed, often closing in a matter of weeks. This rapid process can be crucial in preventing further loss in property value.

3. Eliminating Appraisal Concerns

In a regressing market, appraisals can often come in lower than expected, complicating traditional sales that rely on financing. Low appraisals can lead to renegotiations or even collapsed deals. Cash buyers typically forego the appraisal process, eliminating this potential hurdle.

4. Reduced Selling Costs

Selling a property involves various costs, including agent commissions and closing fees. In a market downturn, cutting these costs can be critical. An all-cash sale often involves fewer transactional expenses, allowing you to retain a larger portion of the sale proceeds.

5. Avoiding the Hassles of Repairs and Upgrades

In a buyer’s market, sellers often feel compelled to invest in repairs or upgrades to make their property more appealing. However, in a regressing market, the return on these investments can be uncertain. Cash buyers generally purchase properties ‘as is,’ saving you from potentially fruitless expenditures.

Conclusion

Safeguarding the value of your property against real estate regression demands strategic thinking and swift action. Selling to an all-cash buyer, (that’s us!) offers a solid solution, providing a guaranteed and speedy sale, fewer complications, and potentially lower costs. This approach is especially advantageous for those dealing with inherited properties, where the priority is often to secure the value quickly and efficiently. In the face of real estate regression, embracing the all-cash option can be your key to preserving value and navigating market downturns with confidence.

 

Safeguarding Value Against Real Estate Regression

Diagram depicts several real estate criteria by category of environmental, physical, legal, and socio-economic.

Inherited Property Taxes: Navigating Increases and Legal Nuances

Inheriting a property can be a bittersweet experience. Along with the asset, you often inherit a complex web of responsibilities, particularly concerning property taxes. The keyphrase “Managing Inherited Property Tax Hikes” is pivotal in understanding the challenges you may face and the solutions at your disposal. Among these solutions, selling the inherited property to an all-cash buyer stands out for its simplicity and effectiveness.

Understanding the Challenge

Inherited properties are subject to various tax implications, often leading to increased financial burdens for the new owners. These can include higher property taxes, especially if the property’s value has appreciated over time, or if it’s located in a high-tax area. Additionally, navigating the legal nuances of inheritance can be daunting, particularly if you’re unfamiliar with estate laws and tax regulations.

  • To learn more about Texas Property Tax basics from a trusted source, check out comptroller.texas.gov
  • Another useful resource for understanding Inherited property and tax implications is smartasset.com

*We are not offering any legal advice or tax advice. If you have inherited a home, and you need to understand the legal and tax implications, please consult with a licensed attorney.

Why Consider an All-Cash Buyer?

Selling an inherited property to an all-cash buyer offers a straightforward way to manage potential tax hikes and legal complexities. Let’s delve into the advantages of this approach:

1. Immediate Relief from Tax Burdens

One of the most significant benefits of selling to an all-cash buyer is the immediate relief from ongoing tax obligations. Inherited property taxes can quickly become a financial strain, particularly if you’re not prepared for the increase or if the property isn’t generating any income. An all-cash sale can quickly resolve these financial obligations, freeing you from the burden of escalating taxes.

2. Simplified Legal Process

Inheriting a property often involves navigating a maze of legal procedures, which can be both time-consuming and costly. By choosing an all-cash buyer, you can bypass many of these complexities. Cash buyers typically handle most of the legal aspects of the sale, providing a hassle-free experience and saving you from potential legal entanglements.

3. Avoiding Market Fluctuations

The real estate market is constantly fluctuating, and these changes can significantly impact the value of your inherited property. By opting for a cash sale, you can circumvent the uncertainties of the market. You get the chance to close the deal quickly, without worrying about future market downturns that could decrease your property’s value.

4. No Need for Repairs or Renovations

Cash buyers often purchase properties ‘as-is,’ which is particularly advantageous for inherited homes that may require significant repairs or updates. This aspect eliminates the need for you to invest time and money into renovating the property, which is often a prerequisite when listing with a real estate agent.

5. Reduced Transaction Costs

Traditional property sales involve various costs, including real estate agent commissions and closing fees. In a cash transaction, these expenses can be significantly reduced or even eliminated. This ensures that a larger portion of the sale proceeds goes directly to you, rather than being eroded by ancillary costs.

Conclusion

Navigating the complexities of inherited property taxes requires informed decisions and strategic actions. Selling your inherited property to an all-cash buyer emerges as a practical and efficient solution to manage tax hikes and legal nuances. This approach not only provides immediate financial relief but also simplifies the entire process, allowing you to focus on the future without the burden of inherited tax obligations. Remember, in the realm of managing inherited property tax hikes, the right strategy can make all the difference.

If you have inherited a property, but you are not ready or able to take homeownership responsibilities on for the property, we would love to make you an offer! Check out our calculator to see what our cash offer estimate for your inherited property could be.

Managing Inherited Property Tax Hikes

Safe Harbor Homes can help!

 

Unlocking Opportunities: Selling Your Home Amidst Falling Mortgage Rates

Selling Home in Low Mortgage Rate Market

In today’s dynamic real estate landscape, understanding the intricacies of the market is crucial, especially in a low mortgage rate environment. The keyphrase “Selling Home in Low Mortgage Rate Market” is not just a trendy topic; it’s a strategy that can unlock significant opportunities for homeowners looking to sell. Amidst the backdrop of falling mortgage rates, one option stands out for its simplicity and effectiveness: selling your property to an all-cash buyer.

For a deeper dive into the impacts of mortgage rates on home selling or buying, check out money.com here.

Because mortgage rates will always fluctuate, you can find the latest values through FreddieMac here.

Optimal Selling in Rising Mortgage Rate Market

This is a static chart. For a current view, visit https://www.freddiemac.com/pmms to see how mortgage rates are trending over time.

Why Consider an All-Cash Buyer?

In a market where mortgage rates are declining, buyers are motivated to secure financing at the lowest possible rates. However, this often involves a lengthy and uncertain process, including credit checks, loan approvals, and potential delays. Selling to an all-cash buyer eliminates these hurdles. Cash transactions are typically faster, involve fewer contingencies, and offer a level of certainty that is hard to find in traditional property sale methods.

The Speed Advantage

One of the most compelling reasons to consider an all-cash buyer is the speed of the transaction. Traditional property sales can take months, bogged down by buyer mortgage approvals, home inspections, and the unpredictability of buyer financing. In contrast, cash sales can often be completed in a matter of weeks, if not days. This expediency is particularly beneficial if you’re in a situation where you need to relocate quickly, settle an estate after inheriting a property, or simply wish to liquidate your asset promptly.

Reduced Complexity and Increased Certainty

When you list your home with a real estate agent or through other conventional channels, you open the door to a host of potential complexities. These include staging the home, hosting open houses, haggling over repairs following an inspection, and the often nerve-wracking process of waiting for a buyer’s loan approval. Cash buyers typically purchase homes ‘as-is’, meaning you can avoid the time, expense, and stress of making home improvements or repairs.

Furthermore, cash sales are less likely to fall through. In traditional sales, offers are often contingent on the buyer securing a mortgage. If their financing falls through, so does the sale, sending you back to square one. Cash offers don’t have this problem, making them a more secure and reliable option.

Negotiating Power and Savings

Selling to a cash buyer often gives you more negotiating power. Cash buyers are usually investors or companies experienced in real estate transactions, and they understand the value of a quick and straightforward sale. This can work in your favor, especially if you’re clear about your terms and expectations.

Moreover, selling to a cash buyer can result in significant savings. Traditional sales often involve paying real estate agent commissions, which can be as high as 5-6% of the sale price. With a cash sale, you can bypass these fees, keeping more of the sale proceeds.

Conclusion

Selling your home in a low mortgage rate market opens up a realm of possibilities, and among these, selling to an all-cash buyer stands out for its simplicity, speed, and certainty. While each selling scenario is unique, the benefits of a cash sale – especially in terms of efficiency and reduced complexity – are universally appealing. As you navigate the current real estate landscape, consider the advantages of this approach. It might just be the key to unlocking the full potential of your property sale.

Selling Home in Low Mortgage Rate Market

Safe Harbor Homes can make you an offer today, and we close fast!

If you are looking to sell your home, (or maybe your interest is focused on buying your next home and capitalizing on the lowering interest rates), and you want to explore the ease of doing business with an all cash buyer, check out Safe Harbor Homes options and get your cash offer estimate today!

Home Equity Options: Reverse Mortgage, Home Equity Loan, HELOC, and Leaseback

There are many options available for those who want to leverage the equity in their home. We are going to cover four options here:

Home Equity Options: Reverse Mortgage, Home Equity Loan, HELOC, and Leaseback

Home Equity Options: Reverse Mortgage, Home Equity Loan, HELOC, and Leaseback

Home Equity Options: Reverse Mortgage, Home Equity Loan, HELOC, and Leaseback are just four financial tools that you might be considering when looking at how to pull funds from the equity in your home. There is not a solution that will fit every homeowner, so explore your options to find the right solution for you. And if you find that you prefer to sell your home to an all-cash buyer, consider Safe Harbor Homes as a possible buyer. You can even lease back with a variety of lease options if that is what works best for you!

A. Reverse Mortgage

Understanding Reverse Mortgages

(This information only applies to Home Equity Conversion Mortgages (HECMs), which are the most common type of reverse mortgage loans.)

A Home Equity Conversion Mortgage (HECM), the most common type of reverse mortgage, is a special type of home loan only for homeowners who are 62 and older, that allows them to convert part of the equity in their home into cash. This option is typically used to supplement retirement income, cover healthcare expenses, or manage other costs without having to sell the home. The loan is not repaid until the borrower moves out or passes away.

Pros of using a Reverse Mortgage:

  • No monthly mortgage payments required.
  • Can provide a steady stream of income in retirement.
  • The borrower can stay in the home.

Cons of using a Reverse Mortgage:

  • Reduces the equity in your home over time.
  • Higher closing costs and fees compared to other options.
  • Not a good short-term solution due to upfront costs.

B. Home Equity Loans

Exploring Home Equity Loans

A Home Equity Loan is a type of second mortgage where the homeowner borrows against the equity in their home. It provides a lump-sum payment and is repaid over a set term, typically with a fixed interest rate. Want to learn more? Click here.

Pros of using a Home Equity Loan:

  • Provides a lump sum of cash.
  • Fixed interest rates can offer predictable monthly payments.
  • Interest may be tax-deductible.

Cons of using a Home Equity Loan:

  • Requires regular monthly payments.
  • Puts your home at risk if you default.
  • Can incur closing costs and fees.

C. HELOC (Home Equity Line of Credit)

The Flexibility of HELOCs

A Home Equity Line of Credit (HELOC) is a revolving line of credit secured by the equity in your home. It offers flexibility as you can draw and repay funds as needed, typically with a variable interest rate. To learn more, see what NerdWallet has to say about HELOC’s.

Pros of using a HELOC:

  • Flexible access to funds.
  • Pay interest only on the amount you draw.
  • May offer lower initial rates than a home equity loan.

Cons of using a HELOC:

  • Variable interest rates can lead to unpredictable payments.
  • Risk of overspending due to easy access to funds.
  • Can lead to foreclosure if not managed properly.

D. Leaseback Options

Understanding Leaseback Options

A leaseback arrangement involves selling your home to a company and then leasing it back. This option is especially beneficial for those who need access to the equity in their home but want to continue living there. This is a unique value proposition that Safe Harbor Homes is offering to qualifying homeowners now! To explore how our offer works, check out our “How We Work” page here.

Pros of using Leaseback Options:

  • Immediate access to home equity without moving out.
  • No loan repayments, so no debt or interest accrues.
  • Freedom from home maintenance and property taxes, depending on the terms.

Cons of using Leaseback Options:

  • Loss of homeownership and equity in the property.
  • Potential for rent increases over time.
  • Must adhere to lease terms and conditions.

Choosing the Right Option for You

When considering Home Equity Options: Reverse Mortgage, Home Equity Loan, HELOC, and Leaseback, among other options that you may have available, it’s essential to evaluate your financial situation, future plans, and how long you intend to stay in your home. A leaseback can be particularly attractive for those seeking immediate liquidity without the burden of loan repayments, making it an excellent choice for maintaining financial flexibility and stability.

 

Some companies, (like Safe Harbor Homes) understand how limiting some lease contracts can be with things you value, like your pets. When we make our offer to you for your home that you intend to lease back, your furry (or scale-y) friends will be able to stay! Happy pets make happy tenants, and that makes us happy, too!

 

Remember, the choice of which option to use depends greatly on individual circumstances and financial goals. This article is meant to provide general guidance and it’s recommended to consult with a financial advisor for personalized advice.

Need to Sell Your House Fast? We’ve Got You Covered

Selling a house can be a demanding process, especially when time is of the essence. Whether you’re facing a sudden relocation, financial constraints, or simply want a swift sale, there’s an option that can provide the solution you’re seeking. Selling your house to an all-cash buyer offers a range of benefits that can make the process efficient, hassle-free, and financially rewarding. In this article, we’ll explore why choosing an all-cash buyer might be the perfect solution for you.

Swift Transactions:

One of the most significant advantages of selling your house to an all-cash buyer is the speed at which the transaction can be completed. Traditional real estate transactions often involve a lengthy process, including appraisals, inspections, and financing contingencies. In contrast, cash buyers are ready to make an offer and close the deal rapidly, sometimes in a matter of days. This is a game-changer for those who need to sell quickly and move forward with their plans.

No Costly Repairs or Renovations:

Listing a house with a real estate agent can entail costly repairs and renovations to make the property market-ready. Cash buyers, however, are willing to purchase your house as-is. This means you can avoid the financial burden and time-consuming process of fixing up the property before selling. This is particularly advantageous for those who may have inherited a house in need of substantial work.

No Commissions or Fees:

When you choose to sell your house through a real estate agent, you’ll typically be subject to agent commissions, closing costs, and other fees. These expenses can significantly impact your overall profit from the sale. Selling to an all-cash buyer eliminates these costs, ensuring that you receive the full value of the offer made.

Certainty of Sale:

Traditional real estate transactions can be uncertain, with potential buyers backing out at the last minute due to financing issues or other unforeseen circumstances. When you sell to an all-cash buyer, you can have confidence knowing that the sale is not contingent on financing. This provides peace of mind and makes the process much more reliable and predictable.

Privacy and Convenience:

Selling a house through a real estate agent often involves numerous showings and open houses, which can be intrusive and time-consuming. Selling to an all-cash buyer eliminates the need for these activities, allowing you to maintain your privacy and avoid the inconvenience of constant viewings. This is particularly valuable for those who prefer a more discreet selling process.

If you’re in a situation where you need to sell your house quickly, an all-cash buyer may be the ideal solution for you. The advantages of a swift, hassle-free transaction, no costly repairs or renovations, no commissions or fees, and the certainty of sale make this option a compelling choice. By bypassing the traditional listing route, you can save time, money, and stress, ensuring that you get the best value for your property. Consider exploring the option of selling to an all-cash buyer for a seamless and profitable home-selling experience. Use our estimator to see how much cash you might get for your home today!

 

Your Parents’ Legacy: Selling Their House with Compassion

Selling your parents’ house after they’ve passed away is a task that requires both sensitivity and practicality. It’s important to handle this process with compassion while also making decisions that align with their wishes and best interests. In this article, we’ll guide you through the steps of selling your parents’ house with empathy, and we’ll shed light on why choosing an all-cash buyer can be the most compassionate and beneficial option.

Step 1: Understand Their Wishes

Before making any decisions, it’s essential to understand your parents’ wishes regarding their property. Did they express a preference for a swift sale, or did they have specific conditions in mind? Respecting their intentions is the first step in honoring their legacy.

Step 2: Seek Professional Advice

Enlist the help of professionals who can guide you through the legal and financial aspects of selling the property. Consult with an attorney or financial advisor to ensure that all necessary steps are taken and that you’re well-informed about the process. When researching online, it is important to validate that your sources are credible. Generally, if the web address ends in a, “.gov” you’re in a good space. Here is a link to some Texas legal documentation on trusts, wills, and estate property. This is where the professionals can help to ensure you interpret the legal content correctly and have a solid understanding of your options. Not sure where to start with finding help? Send us a chat and we can help get you connected to several options of trusted and respected professionals in your area!

Step 3: Assess the Property’s Condition

Evaluate the condition of the house. Determine if any repairs or renovations are needed. While traditional real estate transactions may require these updates, all-cash buyers are often willing to purchase the property as-is, allowing you to focus on preserving your parents’ legacy without the added stress of extensive repairs. Click here to get an estimate of what we would offer you today!

Step 4: Choose an All-Cash Buyer

Selecting an all-cash buyer for your parents’ house is a compassionate choice. All-cash buyers specialize in swift and efficient transactions, sparing you from the extended process of listing with a real estate agent. This option allows you to proceed with the sale promptly, reducing unnecessary emotional strain.

The Benefits of Choosing an All-Cash Buyer:

  1. Swift Resolution: All-cash buyers are prepared to make an offer and close the deal rapidly, often in a matter of days. This expeditious process provides a smooth transition, allowing you to focus on honoring your parents’ legacy.
  2. No Costly Repairs or Renovations: All-cash buyers are typically willing to purchase the property as-is, sparing you the time and financial burden of making extensive updates.
  3. Maintain Privacy and Convenience: Selling through a real estate agent often involves numerous showings and open houses, which can be intrusive and time-consuming. Choosing an all-cash buyer allows you to maintain privacy and avoid the inconvenience of constant viewings.
  4. Eliminate Agent Commissions and Fees: Traditional real estate transactions often come with agent commissions, closing costs, and other fees. Selling to an all-cash buyer eliminates these costs, ensuring that you receive the full value of the offer made.

Selling your parents’ house is a significant responsibility, one that requires both empathy and practicality. Choosing an all-cash buyer is a compassionate decision that allows you to honor your parents’ legacy while also ensuring a swift and efficient sale. By following the steps outlined in this article, you can navigate this process with compassion, confidence, and respect for your parents’ wishes.

At Safe Harbor Homes, we want to find the best option for your family.

Inherited Property: Do Before Selling for Optimal Results

Inheriting a property can be a complex and emotional experience, often accompanied by a myriad of decisions to make. When it comes to selling an inherited property, careful planning and consideration can make a significant difference in the outcome. In this article, we’ll explore the steps you should take before selling an inherited property to ensure you achieve the best possible results. We’ll also highlight the benefits of choosing an all-cash buyer over traditional listing methods.

  1. Assess the Condition of the Property:

Before making any decisions, it’s crucial to assess the condition of the inherited property. Determine if any repairs or renovations are needed to maximize its market value. While some properties may be in pristine condition, others may require significant attention. Selling to an all-cash buyer eliminates the need for costly repairs, as they are often willing to purchase the property as-is.

  1. Clarify Legal and Financial Aspects:

Ensure that you have a clear understanding of the legal and financial aspects surrounding the inherited property. This may involve confirming the title, settling any outstanding debts or taxes, and addressing any potential probate issues. Seeking professional advice from an attorney or financial advisor can be invaluable in navigating these complexities.

  1. Consider Market Conditions:

Stay informed about the current real estate market conditions in the area where the property is located. Understanding market trends, demand, and property values will help you set realistic expectations and make informed decisions about the timing of the sale.

  1. Evaluate Your Selling Options:

When it comes to selling an inherited property, you have several options to consider. While listing with a real estate agent is a common choice, it’s important to recognize that this route may come with potential drawbacks, such as lengthy selling times and associated costs. Opting for an all-cash buyer provides a faster, more efficient alternative that allows you to avoid the time-consuming process of listing and the expenses associated with repairs and commissions.

  1. Choose an All-Cash Buyer for Expedited Results:

Selling to an all-cash buyer offers a range of advantages that can streamline the selling process and lead to optimal results. These buyers are ready to make an offer and close the deal swiftly, often in a matter of days. This is particularly beneficial for those who are looking for a quick resolution to their property-related responsibilities.

Additionally, all-cash buyers are typically willing to purchase the property as-is, sparing you the time and financial burden of making repairs or renovations. This can be especially advantageous if the inherited property requires extensive work.

Selling an inherited property can be a significant undertaking, but with careful planning and consideration, you can achieve optimal results. Assessing the property’s condition, clarifying legal and financial aspects, staying informed about market conditions, and evaluating your selling options are crucial steps in the process.

Choosing to sell to an all-cash buyer can provide you with a streamlined, efficient, and financially advantageous solution. By bypassing the traditional listing route, you can save time, money, and stress, ensuring that you get the best value for the inherited property. Consider exploring the option of selling to an all-cash buyer for a seamless and profitable selling experience.

 

See if Safe Harbor Homes would be the right buyer for you. Click for your instant estimate!

Inherited a House? Here’s How to Sell It for the Best Value

Inheriting a house can be a bittersweet experience. While it comes with the potential for a valuable asset, it can also be a complex and emotionally charged process. One of the most critical decisions you’ll face is how to sell the inherited property. While many people immediately think of listing with a real estate agent, there’s another option that often offers better value and a more straightforward process: selling your inherited house to an all-cash buyer. In this article, we’ll explore the benefits of choosing an all-cash buyer choosing an all-cash buyer and why it might be the best way to maximize the value of your inherited property.

1. Speedy Transaction:

When you decide to sell an inherited property, time is of the essence. Holding onto the property can mean ongoing maintenance costs, property taxes, and the risk of depreciation. A real estate agent can take months to find a buyer, and even then, there’s no guarantee of a successful sale. On the other hand, all-cash buyers can close the deal within a matter of days. This means you can swiftly transform your inherited property into cash, reducing your financial burden and uncertainty.

2. Eliminate Costly Repairs and Renovations:

One of the key advantages of selling to an all-cash buyer is that they typically purchase houses in their current condition. You won’t need to invest in costly repairs or renovations to make the property more appealing to potential buyers. With a traditional sale through an agent, you may be required to invest thousands of dollars to improve the property’s curb appeal and functionality. By selling to a cash buyer, you can save time and money.

3. Avoid Real Estate Commissions and Fees:

Real estate transactions often come with hefty commissions and fees. When you sell your inherited house with a real estate agent, you’re likely to pay a percentage of the sale price as a commission, in addition to various fees for marketing, photography, and other services. These costs can eat into your profits and significantly reduce the value you ultimately receive. Selling to an all-cash buyer eliminates these fees, ensuring that you keep more of the sale proceeds.

4. No Contingencies or Uncertainty:

Traditional home sales often include contingencies, such as the buyer’s ability to secure financing, inspections, and appraisals. These contingencies can introduce significant uncertainty into the process and even lead to the sale falling through. Cash buyers, on the other hand, have the funds ready to complete the purchase. This eliminates the risk of the deal collapsing due to financing issues or other contingencies, providing peace of mind and a more reliable transaction.

5. Flexible Closing Dates:

Selling to an all-cash buyer allows you to set a closing date that suits your needs. Whether you need to sell quickly or require more time to make arrangements, cash buyers can accommodate your schedule. This flexibility is particularly valuable for those dealing with inherited properties while managing other responsibilities.

6. Streamlined Process:

The process of selling to an all-cash buyer is typically straightforward and efficient. You’ll avoid the complexities associated with traditional real estate transactions, including inspections, negotiations, and waiting for the right buyer to come along. With cash buyers, you can simplify the process and complete the sale with minimal hassle.

Selling an inherited house can be a challenging task, but choosing the right method can significantly impact the value you receive and the ease of the transaction. All-cash buyers offer a compelling alternative to traditional real estate sales. They provide a speedy, hassle-free process that can eliminate the need for costly repairs, commissions, and contingencies, ultimately maximizing the value you get from your inherited property. When you inherit a house, consider the benefits of selling it to a cash buyer, and make a well-informed decision that will benefit both your financial future and your peace of mind.