I've talked a lot about credit scores and this won't be my last post. Why? Because it can be a deal breaker for your loan and I want you to get that home of your dreams! No one wants those surprises!
So, you got your credit score and it wasn't what you expected and you want it to improve, but where to begin:
1. Get a credit card....if you don't already have one. If you can't qualify for a card, talk to your bank about a secured credit card. Additionally, you want one that reports to all three major credit bureaus.
2. Installment loans...what are these? personal loans, auto, mortgage and student loans. Big improvements come to your credit when you pay these ON TIME. A small personal loan through your bank could pay off! Again, be sure they report to all three major credit bureaus.
3. Pay down those cards....pay off or down those credit cards. This has a greater impact on your credit score than paying off your car loan. When a creditor is looking at your debt, they like to see a big gap in the amount of credit you have available and what you are using. In other words, don't max out all of your credit cards. Getting your balance below 30% is good, 10% is AWESOME!!
4. Go easy on the use of your cards......even if you pay them off, don't max them out. Your credit card reports your balance to the credit bureaus; this can hurt your score if you get your balance high, monthly.
5. Check your limits....what is your limit? Check with your bank and make sure that is what they are reporting. If they have not updated it recently and they actually gave you a larger spending limit, say $5000, and you use $2500 a month and they are reporting that your limit is $3000, then it appears you are nearly maxing out your card monthly. It will pay off to check on this.
6. Old credit cards....use them. Creditors will sometimes close old/unused cards. The longer you've had an account, the better, so don't let it go dormant.
7. Doesn't hurt to ask....if you have a late payment on your account, try writing them a letter to see if they would be willing to drop it from your account, refer to it as a "goodwill adjustment". They don't always do this, but it doesn't hurt to ask.
8. Dispute, dispute, dispute....if you have some old collections on your account that you were disputing a long time ago, go to your creditor and dispute the charges. Sometimes companies have merged and there aren't clear records, so a credit bureau is willing to take it off of your record. Again, it is worth the time and effort to ask.
9. Things worth your effort:
a. late payments, charge-offs, collections & other negative items that aren't yours.
b. credit limits that aren't reported accurately
c. accounts that are listed as "settled", "paid derogatory", "paid charge-off" or any other comment than current or paid as agreed if you did pay it in full and on time.
d. Bankruptcy: if you have accounts that should be included in a bankruptcy still listed on your credit, this needs to be cleared and adjusted.
e. Seven years is the magic number....make sure nothing older than seven years is on your report. It should automatically drop off, but it is always good to check.
For more information, please visit: https://www.pinterest.com/pin/183873597264363962/
Friday, December 4, 2015
Thursday, December 3, 2015
Tis the season to be away from home..
.....don't let would-be thieves get the best of you and your home! We are in the holiday season and that means traveling over the hill and through the woods to Grandma's, Aunt Edna's and Uncle Fred's.Be sure to take a few necessary steps to protect your home.
1. Neighbors: be sure to let your neighbors know when you will and won't be home. Write it down and give them your itinerary. So, if someone has a van pulled up to your home when you are away, your neighbors know this is NOT supposed to be happening.
2. Post office: if you will be gone for more than a few days, go by the post office and let them know to hold your mail. This usually means filling out a little card with the specifics. No big deal, but keeps your mail from piling up. This holds true for your newspapers, too.
3. Gifts: be sure that your a thief can't look through your windows or doors and see what is under the tree. The same holds true for large boxes next to your trash can. Not so nice people scope these things out while driving around neighborhoods. Don't fall victim to it!
4. Before you leave, double check all doors and windows. If you have sliding doors, put a dowel rod in the track so that it can't be opened. Remove all spare keys from outside.
5. Install a security system: they are worth the monthly fee and they truly give you a sense of security. Studies show that just the sign in the yard deters thieves.
May your holidays be bright and safe. A few moments of precautions go a long way!
Many blessings my friends.
Wednesday, December 2, 2015
How to select a realtor?
Purchasing a home can be a daunting task. It quite possibly is the biggest financial decision you will make. How do your choose a realtor? Believe it or not, some people don't put much thought into who they will use. Some people choose their realtor because their mom plays Bunco with this lady. Or, my neighbor's, best friend's, girl friend's step-uncle is a realtor, use him!
Obviously, we would LOVE for you to use us! But before you do, ask some questions. We would love to meet with you and discuss these questions.
1. Referrals: who have you worked with? Did the process go well? Would you work with them again?
2. Interview: meet with a 2-3 different realtors. Get a feel of their personalities and see if you will work well with them. Again, this is a big investment and you MUST feel comfortable with the person. Does the person work full time in the real estate market or part time?
3. Work schedule: some realtors go in late and go home early. Successful realtors don't do this. Successful realtors work all the time and are constantly on the lookout for properties for their clients, answering calls and emails. How often do you want to hear from your realtor?
4. Agreement: you will need to sign an agreement between you and the realtor. This protects all parties involved. If for some reason you decide he or she isn't the right realtor for you, all you need to do is tell them you would like to cancel the agreement. No biggie, not all relationships work.
5. Financing: your realtor isn't a loan officer. Many realtors have loan officers they are familiar with and work with on a consistent basis. They can make recommendations for you. But remember, they can't give you financial advice.
6. Home inspection: your realtor should be able to give you a list of home inspectors to choose from. We are not licensed home inspectors, so please be sure to hire an independent, 3rd party to inspect your purchase.
7. Emotions: when selling your home, try to let go of the emotions. Yes, you raised your children in this home, it was your first home or an array of other emotional things happened here. But the soon to be buyers aren't aware of all of this and don't need to be aware of it. If someone tours your home and comes back with some negative remarks, look for the constructive criticism in it and see how you can use the information to improve your home for the next showing. Lastly, don't shoot the messenger, your realtor. He/she is doing their job when they share the comments with you. Appreciate their honesty.
8. Communication: when interviewing your realtor, you need to find one that communicates in the same manner you do. Do you text, email or call? What does your realtor do? Make sure they are compatible. This also means when looking at home, be as specific as possible for what you are looking for and what you do and don't like about homes he/she sends to you for review. Your realtor can't read your mind.
9. Make a friend: when looking for homes and selling your property, you will spend a lot of time with your realtor. Make sure you LIKE them. If you don't communicate well with them, don't hire them. If they aren't listening to your wants and needs? Why did you choose them? You want to work with someone that you feel comfortable with and has your best interest first and foremost.
Obviously, we would LOVE for you to use us! But before you do, ask some questions. We would love to meet with you and discuss these questions.
1. Referrals: who have you worked with? Did the process go well? Would you work with them again?
2. Interview: meet with a 2-3 different realtors. Get a feel of their personalities and see if you will work well with them. Again, this is a big investment and you MUST feel comfortable with the person. Does the person work full time in the real estate market or part time?
3. Work schedule: some realtors go in late and go home early. Successful realtors don't do this. Successful realtors work all the time and are constantly on the lookout for properties for their clients, answering calls and emails. How often do you want to hear from your realtor?
4. Agreement: you will need to sign an agreement between you and the realtor. This protects all parties involved. If for some reason you decide he or she isn't the right realtor for you, all you need to do is tell them you would like to cancel the agreement. No biggie, not all relationships work.
5. Financing: your realtor isn't a loan officer. Many realtors have loan officers they are familiar with and work with on a consistent basis. They can make recommendations for you. But remember, they can't give you financial advice.
6. Home inspection: your realtor should be able to give you a list of home inspectors to choose from. We are not licensed home inspectors, so please be sure to hire an independent, 3rd party to inspect your purchase.
7. Emotions: when selling your home, try to let go of the emotions. Yes, you raised your children in this home, it was your first home or an array of other emotional things happened here. But the soon to be buyers aren't aware of all of this and don't need to be aware of it. If someone tours your home and comes back with some negative remarks, look for the constructive criticism in it and see how you can use the information to improve your home for the next showing. Lastly, don't shoot the messenger, your realtor. He/she is doing their job when they share the comments with you. Appreciate their honesty.
8. Communication: when interviewing your realtor, you need to find one that communicates in the same manner you do. Do you text, email or call? What does your realtor do? Make sure they are compatible. This also means when looking at home, be as specific as possible for what you are looking for and what you do and don't like about homes he/she sends to you for review. Your realtor can't read your mind.
9. Make a friend: when looking for homes and selling your property, you will spend a lot of time with your realtor. Make sure you LIKE them. If you don't communicate well with them, don't hire them. If they aren't listening to your wants and needs? Why did you choose them? You want to work with someone that you feel comfortable with and has your best interest first and foremost.
Tuesday, December 1, 2015
Winterize your home...YES, even in South Texas
Winter is here, sort of, and it is a good time to go over a few things you can do around your house that will help get you and your wallet through the winter.
1. Stop those drafts: walk around your home and check your windows and doors for drafts. If you have some drafts, you can go super inexpensive and roll a bath towel and put it against the bottom of the frame. You can also make your own or purchase them. Whatever you choose, do something because not only will insects and rodents want to come into your warm home, but you will be losing money out those drafty spaces, too.
2. Ceiling fans: you already cleaned all of them, right? Before you put that ladder away after you've decorated the Christmas tree, take a moment to switch all of your blades to run clockwise (that's what the little switch on the side is for.) This will push that warm air down and help keep you nice and toasty.
3. Programmable Thermostat: super easy to install and will save you money; studies say the average savings is $180/year. I checked a local big box hardware store and they run from $20 - $250; so it is up to you how much you'd like to spend. We spent less than $100 on ours and I love it. It automatically turns up in the mornings and turns down in the late afternoon (or heats according to the season). When we leave on trips, I can set it to hold on a constant temperature so the unit doesn't run when we are away.
4. Smoke detectors: be sure to change out the batteries of your smoke detectors. One recommendation is to do this with the time change. If you didn't do this with the fall time change, take the time to do it now. You and your family's safety should always come first.
5. Gutters: clean them out. Before you hang up those Christmas lights, take the time to clean out the gutters. Leaves and acorns can clog them up and cause damage to your gutters and your home.
6. Winterize your air conditioner: at this time of the year, in South Texas, this can be a little more of a challenge because we were using our A/C just last week because the humidity was so high! If you are in an area that sees more freezing temperatures, be sure to drain pipes/hoses that come into the unit and check the drain pan for water. A cover for your unit is recommended, too. These run about $25.
7. Air conditioner filters: be honest, when is the last time you changed them? During the summer months, every month is recommended. When your unit isn't used as frequently, every 3 months is good. While you are up there, get the vacuum cleaner out and clean all the dust hanging out on the cover.
Enjoy the season.
1. Stop those drafts: walk around your home and check your windows and doors for drafts. If you have some drafts, you can go super inexpensive and roll a bath towel and put it against the bottom of the frame. You can also make your own or purchase them. Whatever you choose, do something because not only will insects and rodents want to come into your warm home, but you will be losing money out those drafty spaces, too.
2. Ceiling fans: you already cleaned all of them, right? Before you put that ladder away after you've decorated the Christmas tree, take a moment to switch all of your blades to run clockwise (that's what the little switch on the side is for.) This will push that warm air down and help keep you nice and toasty.
3. Programmable Thermostat: super easy to install and will save you money; studies say the average savings is $180/year. I checked a local big box hardware store and they run from $20 - $250; so it is up to you how much you'd like to spend. We spent less than $100 on ours and I love it. It automatically turns up in the mornings and turns down in the late afternoon (or heats according to the season). When we leave on trips, I can set it to hold on a constant temperature so the unit doesn't run when we are away.
4. Smoke detectors: be sure to change out the batteries of your smoke detectors. One recommendation is to do this with the time change. If you didn't do this with the fall time change, take the time to do it now. You and your family's safety should always come first.
5. Gutters: clean them out. Before you hang up those Christmas lights, take the time to clean out the gutters. Leaves and acorns can clog them up and cause damage to your gutters and your home.
6. Winterize your air conditioner: at this time of the year, in South Texas, this can be a little more of a challenge because we were using our A/C just last week because the humidity was so high! If you are in an area that sees more freezing temperatures, be sure to drain pipes/hoses that come into the unit and check the drain pan for water. A cover for your unit is recommended, too. These run about $25.
7. Air conditioner filters: be honest, when is the last time you changed them? During the summer months, every month is recommended. When your unit isn't used as frequently, every 3 months is good. While you are up there, get the vacuum cleaner out and clean all the dust hanging out on the cover.
Enjoy the season.
Monday, November 30, 2015
Real Estate Agents - How much money do they really make?
Often times, a home owner will say they don't want to work with a realtor because they don't want to pay them AND they can do all that "stuff" on their own.
How much do realtors really make?
If you look at the graphic, you'll see the commission based on the sale of a home that represents the national average of a home in the United States of $240,000.00. In this area, the usual split is 3% (6% total). What many consumers don't consider is the time and money spent on marketing. Yes, realtors might spend time doing "free" advertising, but someone has to input the data and make the marketing flyers. Someone has to post to Twitter, Pinterest, FaceBook, Instgram and any other social media site. This doesn't just happen.
Other types of marketing: we send out flyers, emails, postcards and hold open houses. To hold a successful open house takes time, too. A good realtor will have done some pre-work to ensure people are aware it will be happening. This also takes time and money.
Phone calls. When a home is listed, the agents number is on the marketing information. If an agent or any other prospective buyer has questions, they contact the agent and the agent answers the questions. This doesn't take money, but it does take time.
A successful agent is diligently working on ways to market your home and get that buyer for you.
Trust our knowledge, expertise and training. We are here to support you and get the most value for your home.
How much do realtors really make?
If you look at the graphic, you'll see the commission based on the sale of a home that represents the national average of a home in the United States of $240,000.00. In this area, the usual split is 3% (6% total). What many consumers don't consider is the time and money spent on marketing. Yes, realtors might spend time doing "free" advertising, but someone has to input the data and make the marketing flyers. Someone has to post to Twitter, Pinterest, FaceBook, Instgram and any other social media site. This doesn't just happen.
Other types of marketing: we send out flyers, emails, postcards and hold open houses. To hold a successful open house takes time, too. A good realtor will have done some pre-work to ensure people are aware it will be happening. This also takes time and money.
Phone calls. When a home is listed, the agents number is on the marketing information. If an agent or any other prospective buyer has questions, they contact the agent and the agent answers the questions. This doesn't take money, but it does take time.
A successful agent is diligently working on ways to market your home and get that buyer for you.
Trust our knowledge, expertise and training. We are here to support you and get the most value for your home.
Friday, November 27, 2015
Garage door upgrade
When doing upgrades and improvements around your house, you want to get the most bang for your buck and I think I have found the mother load of them!
Most of us have a simple, no decoration garage door. However, for approximately $15 (up to $45) you can jazz up your door!! Who knew? Not I!!
They make hardware kits that have the pieces to add that spice to your garage door! (The picture says $10, but I couldn't find that one. Still a good price.)
How nice does this look? I love it! Think I'll head to Home Depot shortly....actually, I order most stuff online and you can too right here.
This is one update any realtor will say is an EXCELLENT move!
Most of us have a simple, no decoration garage door. However, for approximately $15 (up to $45) you can jazz up your door!! Who knew? Not I!!
They make hardware kits that have the pieces to add that spice to your garage door! (The picture says $10, but I couldn't find that one. Still a good price.)
This is one update any realtor will say is an EXCELLENT move!
Thursday, November 26, 2015
Thanksgiving
We would like to wish everyone a safe and happy Thanksgiving! Gobble, gobble my friends.
Monday, November 23, 2015
So you are having an open house?
Open houses...strangers coming into your home to check out your home. How do you prepare for this?
Shoving everything into closets and under the bed is NOT the way go!
Here are some steps to getting your home ready for an open house.
Clutter: get rid of it. Work on it, take a break and then work some more. Nothing shows clutter like a picture. Take snap shots of your living spaces and then look at them. You'd be surprised what you see. Closets, cabinets and drawers....one never knows if someone is going to open something or not. Be on the safe side, have it all neat and tidy. Remember, you are wanting to move, so start the cleaning process now.
Cleaning Service: a professional can really get down and dirty and get your house super clean. You want to give the impression that this is a very, well maintained house (because it is!), but dirt takes away from this impression.
Personal Photos: you should have already done this for the listing photos, but somehow they seem to sneak back out. You want your home to be fairly generic. Some people have trouble envisioning living in your home when the family portrait of YOUR family is smiling at them from the entry way. So, remove as much as possible. Think of it this way, you have to pack it all up anyway, right?
Odors: But my house doesn't smell? Are you sure? You live there so you won't necessarily smell it. So, ask your realtor to come over and smell your house. You want it clean and fresh. Citrus, linen are always good. I've read suggestions about baking a pie or cookies....it can go either way. You just want it to smell good.
Repairs: Oh I meant to change out that light bulb. Potential buyers look at it as if you don't take the time to fix minor things, what major things don't you take care of? It could be nothing, but they don't view it that way. Walk through your house with a fine toothed comb and make a list of things that need to be fixed and get on it!!
Staging: Someone will be able to tell if you have children as he/she walks through your home. However, your living room shouldn't look like a toy store. The bathroom isn't the drug store. You want your house to look picture perfect.
Curb appeal: some deals are lost based on when the potential buyer pulls up to your home. Even if you aren't a green thumb sort of guy, invest some time and money and fix up those flower beds, add some potted plants, and maybe even a small garden flag. Again, it goes back to "if they don't take care of the yard....what else don't they take care of?"
Don't be there: When it comes time for your open house, don't be there. That is the job of your realtor. Potential buyers will feel uncomfortable knowing the owner is there. The realtor has set up a specific time for your open house. Leave 30 minutes prior and don't return until at least 30 minutes after; your best bet is to contact your realtor to see if it ok to come home. You never know, that future buyer might be staying later and asking a lot of questions.
http://corneliuscamp.com/10-tips-to-prepare-your-home-for-an-open-house/
Shoving everything into closets and under the bed is NOT the way go!
Here are some steps to getting your home ready for an open house.
Clutter: get rid of it. Work on it, take a break and then work some more. Nothing shows clutter like a picture. Take snap shots of your living spaces and then look at them. You'd be surprised what you see. Closets, cabinets and drawers....one never knows if someone is going to open something or not. Be on the safe side, have it all neat and tidy. Remember, you are wanting to move, so start the cleaning process now.
Cleaning Service: a professional can really get down and dirty and get your house super clean. You want to give the impression that this is a very, well maintained house (because it is!), but dirt takes away from this impression.
Personal Photos: you should have already done this for the listing photos, but somehow they seem to sneak back out. You want your home to be fairly generic. Some people have trouble envisioning living in your home when the family portrait of YOUR family is smiling at them from the entry way. So, remove as much as possible. Think of it this way, you have to pack it all up anyway, right?
Odors: But my house doesn't smell? Are you sure? You live there so you won't necessarily smell it. So, ask your realtor to come over and smell your house. You want it clean and fresh. Citrus, linen are always good. I've read suggestions about baking a pie or cookies....it can go either way. You just want it to smell good.
Repairs: Oh I meant to change out that light bulb. Potential buyers look at it as if you don't take the time to fix minor things, what major things don't you take care of? It could be nothing, but they don't view it that way. Walk through your house with a fine toothed comb and make a list of things that need to be fixed and get on it!!
Staging: Someone will be able to tell if you have children as he/she walks through your home. However, your living room shouldn't look like a toy store. The bathroom isn't the drug store. You want your house to look picture perfect.
Curb appeal: some deals are lost based on when the potential buyer pulls up to your home. Even if you aren't a green thumb sort of guy, invest some time and money and fix up those flower beds, add some potted plants, and maybe even a small garden flag. Again, it goes back to "if they don't take care of the yard....what else don't they take care of?"
Don't be there: When it comes time for your open house, don't be there. That is the job of your realtor. Potential buyers will feel uncomfortable knowing the owner is there. The realtor has set up a specific time for your open house. Leave 30 minutes prior and don't return until at least 30 minutes after; your best bet is to contact your realtor to see if it ok to come home. You never know, that future buyer might be staying later and asking a lot of questions.
http://corneliuscamp.com/10-tips-to-prepare-your-home-for-an-open-house/
Sunday, November 22, 2015
10 Commandments of Buying a home
So you have found the home of your dreams, sold your house and it is on track to close on time! You are packing your stuff and are ready to move and you are SOO excited and want to go out and BUY new stuff for this new home!
STOP!!!!!!!
Take a step back and think before you spend. Think before you change ANYTHING in your current situation. Check out this graphic and I think it will all make sense! Don't jeopardize your closing!
STOP!!!!!!!
Take a step back and think before you spend. Think before you change ANYTHING in your current situation. Check out this graphic and I think it will all make sense! Don't jeopardize your closing!
Saturday, November 21, 2015
Keeping a clean house
As I ponder this blog, I accept the irony that I don't do half of these things on a regular basis, but think if I could begin to do SOME of them, my life might be a little tidier and for sure cleaner!
Put things away, immediately! Don't wait to do it because too often more stuff will just end up on top of it. If you are telling your own children to adopt and live this habit, you should be living it, too.
Purge: do you really need multiple copies of that movie, book, or whatever it is. Especially since we are coming into the holiday season and we are pulling out the decorations. Purge and reorganize!
Papers: keep them organized! This also goes back to the previous point...purge. Don't keep it if you don't need it. If you do need it, find a spot for it and file it away and/or keep it somewhere that you can get to it easily.
Clean as you go: don't let things get away from you. Wipe down surfaces as you go.
Bed: keep it simple. Don't make it an extension of your closet. Also, don't have so many blankets and pillows that you can't even see your bed! Less is more! Lastly, make your bed DAILY! Not everyone thinks this is important. But, it makes your room look SO much better when you make it! If you have pets and children, think of the dirt and germs they bring into your room and that goes onto your sheets and then you lay on them. Maybe this is a little OCD, but this is what makes me want to make my bed!
Shoes, coats & jackets: this is a huge pet peeve of mine! Put them away. This is especially prevalent right now as we enter the colder weather months. If there is a hook for that jacket, use it. Put it back in the closet or basket or whatever. EVERYTHING does have a home and get those shoes and jackets back to their homes. Your shoes and jackets will be happy to be back with their friends!
Dishes: oh how I sometimes wish that I could only use disposable dishes! Rarely is there NOTHING in my sink. But, everyone in my home could do a better job of washing as you go!
Dust & Vacuum: do this REGULARLY! I am not even going to pretend that dusting happens regularly or frequently! But, it should. I'll be on the phone and start to look around my house and I'm embarrassed at how dusty my home is. Don't let this happen to you! I'm working on my own house!
I am working harder to get my home more organized and cleaner. I challenge you to pick one room per week and get to cleaning. Don't overwhelm yourself and if that room doesn't get clean that week, don't beat yourself up about it! Start small and it will happen.
http://adebtfreestressfreelife.com/12-habits-of-people-who-always-have-a-clean-home/
Put things away, immediately! Don't wait to do it because too often more stuff will just end up on top of it. If you are telling your own children to adopt and live this habit, you should be living it, too.
Purge: do you really need multiple copies of that movie, book, or whatever it is. Especially since we are coming into the holiday season and we are pulling out the decorations. Purge and reorganize!
Papers: keep them organized! This also goes back to the previous point...purge. Don't keep it if you don't need it. If you do need it, find a spot for it and file it away and/or keep it somewhere that you can get to it easily.
Clean as you go: don't let things get away from you. Wipe down surfaces as you go.
Bed: keep it simple. Don't make it an extension of your closet. Also, don't have so many blankets and pillows that you can't even see your bed! Less is more! Lastly, make your bed DAILY! Not everyone thinks this is important. But, it makes your room look SO much better when you make it! If you have pets and children, think of the dirt and germs they bring into your room and that goes onto your sheets and then you lay on them. Maybe this is a little OCD, but this is what makes me want to make my bed!
Shoes, coats & jackets: this is a huge pet peeve of mine! Put them away. This is especially prevalent right now as we enter the colder weather months. If there is a hook for that jacket, use it. Put it back in the closet or basket or whatever. EVERYTHING does have a home and get those shoes and jackets back to their homes. Your shoes and jackets will be happy to be back with their friends!
Dishes: oh how I sometimes wish that I could only use disposable dishes! Rarely is there NOTHING in my sink. But, everyone in my home could do a better job of washing as you go!
Dust & Vacuum: do this REGULARLY! I am not even going to pretend that dusting happens regularly or frequently! But, it should. I'll be on the phone and start to look around my house and I'm embarrassed at how dusty my home is. Don't let this happen to you! I'm working on my own house!
I am working harder to get my home more organized and cleaner. I challenge you to pick one room per week and get to cleaning. Don't overwhelm yourself and if that room doesn't get clean that week, don't beat yourself up about it! Start small and it will happen.
http://adebtfreestressfreelife.com/12-habits-of-people-who-always-have-a-clean-home/
Friday, November 20, 2015
Staying Safe with Online Shopping
I am a huge online shopper...my theory is why go to a store when a guy in brown shorts will deliver it to my door and 99% of the time, he's super happy, no lines, etc....
But, you do have to be smart about your online shopping experiences. I stick to major, name brand stores. Rarely do I venture to a site that I haven't heard of or know someone who has shopped there before. I'm sure I'm missing out on some super, good stuff, but I'm not willing to take the chance.
If you do get to a site you are unfamiliar with and the address in the address bar suddenly changes to something complete different, close it out, leave the site.
If you receive an email about a sale at a site, don't click directly from your email to the website. Instead, open a new window and put in the address of the site. The original email could be a scam and you don't want any part of that site!
Prior to shopping, make sure that your virus protection on your computer is up to date. You don't want to fall prey to a virus because you "didn't have the time" for the update.
Theft protection: many credit cards come with these programs, often free for a year or two. Look into them and consider getting one. It is better to be safe than sorry.
Oh those passwords! As much as we hate to come up with a new one and one that fits all 15 of the requirements, it is for our own good. Password123 ISN'T a good password! Your child's birthdate or name isn't either! Come up with a really good one and if you have to change it, add a 1 to it, or change the 1 to 2....etc....How do you keep up with your passwords? There are apps for it, and I don't like that idea, but I am sure some people have great success with it. Some people have a spiral with the information listed. Whatever you do, make sure you keep it in a secure spot.
Check the refund policies prior to clicking the "Pay" button. Are you paying for expedited shipping? What if it still doesn't get there on time? What if it is damaged? These are a few things you need to know.
Public Wi-Fi....don't do it! No shopping, paying bills, looking at your bank account while you are in public. Lots of not so nice people out there trying to latch on to your information and your money.
Social media: you don't have to accept every friend request you get. Just because you have a few mutual friends, doesn't mean you have to do it either. This holds true for messages, too.
eCards, while they are great in theory, if it is coming from an unknown source, don't take the chance. To be 100% safe, don't open any eCards. The person who sent it isn't going to ask you about it anyway! Nice gesture, but you don't need to take the unnecessary risk.
As always, stay safe my friends.
http://money.usnews.com/money/personal-finance/articles
But, you do have to be smart about your online shopping experiences. I stick to major, name brand stores. Rarely do I venture to a site that I haven't heard of or know someone who has shopped there before. I'm sure I'm missing out on some super, good stuff, but I'm not willing to take the chance.
If you do get to a site you are unfamiliar with and the address in the address bar suddenly changes to something complete different, close it out, leave the site.
If you receive an email about a sale at a site, don't click directly from your email to the website. Instead, open a new window and put in the address of the site. The original email could be a scam and you don't want any part of that site!
Prior to shopping, make sure that your virus protection on your computer is up to date. You don't want to fall prey to a virus because you "didn't have the time" for the update.
Theft protection: many credit cards come with these programs, often free for a year or two. Look into them and consider getting one. It is better to be safe than sorry.
Oh those passwords! As much as we hate to come up with a new one and one that fits all 15 of the requirements, it is for our own good. Password123 ISN'T a good password! Your child's birthdate or name isn't either! Come up with a really good one and if you have to change it, add a 1 to it, or change the 1 to 2....etc....How do you keep up with your passwords? There are apps for it, and I don't like that idea, but I am sure some people have great success with it. Some people have a spiral with the information listed. Whatever you do, make sure you keep it in a secure spot.
Check the refund policies prior to clicking the "Pay" button. Are you paying for expedited shipping? What if it still doesn't get there on time? What if it is damaged? These are a few things you need to know.
Public Wi-Fi....don't do it! No shopping, paying bills, looking at your bank account while you are in public. Lots of not so nice people out there trying to latch on to your information and your money.
Social media: you don't have to accept every friend request you get. Just because you have a few mutual friends, doesn't mean you have to do it either. This holds true for messages, too.
eCards, while they are great in theory, if it is coming from an unknown source, don't take the chance. To be 100% safe, don't open any eCards. The person who sent it isn't going to ask you about it anyway! Nice gesture, but you don't need to take the unnecessary risk.
As always, stay safe my friends.
http://money.usnews.com/money/personal-finance/articles
Thursday, November 19, 2015
Credit scores
As a realtor, I have NO control over your financing, nor do I want any!! I will only know what you share with me. However, I can lead you in the right direction of who to go to for different types of loans depending on your situation.
Oh credit scores, how we hate the!! Forgot to make a payment? Ooops, there goes your credit score by 40 points! Foreclosed on something....YIKES! Bankruptcy? Double YIKES. Got too happy in college with those "free" credit cards....ain't looking so free now, are they?
A year or even two (depending on your score) is not too early to begin thinking about your credit score and what you can do to improve it.
I've taken the guess work out of this blog because I found a great graphic that really sum things up. Read over them....start bringing those credit scores UP!!! Put the plastic down!
Oh credit scores, how we hate the!! Forgot to make a payment? Ooops, there goes your credit score by 40 points! Foreclosed on something....YIKES! Bankruptcy? Double YIKES. Got too happy in college with those "free" credit cards....ain't looking so free now, are they?
A year or even two (depending on your score) is not too early to begin thinking about your credit score and what you can do to improve it.
I've taken the guess work out of this blog because I found a great graphic that really sum things up. Read over them....start bringing those credit scores UP!!! Put the plastic down!
Friday, October 30, 2015
Fall Festivities
The spooky time of the year is here....and what do you do with your kids?
Actually, quite a lot of stuff is going on in New Braunfels for kids of all ages. Many churches have "Fall Festivals" either during the week and on the 31st. Many of them are posted on the lawns of the church or you can check websites.
A few of the happenings include:
HALLOWEEN SPOOKTACULAR - Downtown New Braunfels, October 29th from 3:30 - 6:30
TRUNK OR TREAT - IBEX Global, 1672 Independence Dr, Ste 200, October 30th, 5-7:30 p.m.
THE AUGUSTA AT GRUENE - October 31st, 6-8 p.m.
MARKET PLACE - October 31st, 4-6 pm
FALL FESTIVAL - Oakwood Baptist Church, October 31st, 4-6 p.m.
HALLOWEEN LUNAR BOWLING - Fiesta Lanes (This one costs $ and requires reservations, but sounds like A LOT of fun!!)
This list is just the beginning, so don't get scared by the thought of finding something to do!
Be safe and enjoy watching all the kids, of all ages, have a SPOOKTACULAR time!
Actually, quite a lot of stuff is going on in New Braunfels for kids of all ages. Many churches have "Fall Festivals" either during the week and on the 31st. Many of them are posted on the lawns of the church or you can check websites.
A few of the happenings include:
HALLOWEEN SPOOKTACULAR - Downtown New Braunfels, October 29th from 3:30 - 6:30
TRUNK OR TREAT - IBEX Global, 1672 Independence Dr, Ste 200, October 30th, 5-7:30 p.m.
THE AUGUSTA AT GRUENE - October 31st, 6-8 p.m.
MARKET PLACE - October 31st, 4-6 pm
FALL FESTIVAL - Oakwood Baptist Church, October 31st, 4-6 p.m.
HALLOWEEN LUNAR BOWLING - Fiesta Lanes (This one costs $ and requires reservations, but sounds like A LOT of fun!!)
This list is just the beginning, so don't get scared by the thought of finding something to do!
Be safe and enjoy watching all the kids, of all ages, have a SPOOKTACULAR time!
Thursday, October 29, 2015
Selling your home in the Fall/Winter
You've heard it before, "The best time to sell your home in in the summer." But is it? It all depends.
As a mom of three young children, the thought of putting my house on the market gives me heart palpitations. My home has to be show ready, ALL THE TIME? Impossible!! And if you want to put your home on the market in the summer when they are home more, I think that you are adding to your stress.
So, let's take part of this out of the equation and put your home on the market in the fall/winter and the kids are in school. Might be a little easier to keep you home clean and ready to show.
"But school has started and I don't want to move schools." Sometimes this is avoidable, sometimes not. Face it, if you have thought about selling your home, you have thought about where you would move and you know whether or not that subdivision is in your current school attendance zone. Also, changing schools isn't the end of the world. Children do it all the time and they are fine. LET IT GO!
Packing is packing and it doesn't matter what season, you will have to do it.
In the fall/winter, you might not get as many showings, but the people that do come by are motivated buyers and aren't "tire kickers" who just want to look around and see what is out there. Many people that are looking at this time of the year are getting relocated by the military or a company.
Let's say you aren't ready to sell right now, but you can start thinking about it now and maybe get some of those home projects done. Painters, roofers, landscapers are slower in the fall/winter and you might get a discount on your services.
Deciding when to put your home on the market is a big deal. Think it through, write out the pros and cons and by all means, talk to a professional realtor.
Blessing my people.
As a mom of three young children, the thought of putting my house on the market gives me heart palpitations. My home has to be show ready, ALL THE TIME? Impossible!! And if you want to put your home on the market in the summer when they are home more, I think that you are adding to your stress.
So, let's take part of this out of the equation and put your home on the market in the fall/winter and the kids are in school. Might be a little easier to keep you home clean and ready to show.
Packing is packing and it doesn't matter what season, you will have to do it.
In the fall/winter, you might not get as many showings, but the people that do come by are motivated buyers and aren't "tire kickers" who just want to look around and see what is out there. Many people that are looking at this time of the year are getting relocated by the military or a company.
Let's say you aren't ready to sell right now, but you can start thinking about it now and maybe get some of those home projects done. Painters, roofers, landscapers are slower in the fall/winter and you might get a discount on your services.
Deciding when to put your home on the market is a big deal. Think it through, write out the pros and cons and by all means, talk to a professional realtor.
Blessing my people.
Wednesday, October 28, 2015
Top 5 reasons your Mortgage is Denied
Pre-approval is an important step in the home buying process. I've discussed that in previous blog posts and will continue to remind you of it because it is such an important part of the process.
However, there are times that you are pre-approved and then when the time comes to close, your mortgage is denied!
Let's be pro-active and do what we can to help limit this from possibly happening.
Change of Employment
If you are wanting to move into that new home in a timely fashion, please, please, please, keep your current job until AFTER closing!
Many financial institutions will require 2 years of employment history. If you change jobs, this alters the two years. Sometimes if the job is in the same field, it won't be an issue, but you will need to check with the bank you are working with for your loan.
Credit Scores
Oh, the dreaded credit score that you worked so hard on for the last 6 months - 2 years! Just because you were pre-approved, doesn't mean to all of a sudden to quit paying that credit card on time. This is especially true if your credit is barely in the "good" rating.
The financial institution will run your credit right before closing and if you slow paid or didn't pay and it is reported, this could drop you back into the "poor" ratings and the bank can deny your loan.
Additional Debts
Again, you've worked so hard to get this score high and "good!" Don't be a knuckle head and go out and buy new furniture for your home or a new car to celebrate your new home. You might have squeaked by with the debt/income ratio and you just shot it out of the water with that new sofa!
People have shown up to their closing in a NEW car and the loan was DENIED!! Stay low on the radar, buy new stuff AFTER you close.
Lender Requirements
The lender can and does change the rules in the middle of the game and there isn't a thing you can do about it!
Maybe they changed their minimum credit score requirement or the debt/income ratio. Remember the two reasons above...well that just sunk your home buying boat! Don't be dumb (DBD), stay on the ball and take care of your stuff!!
Sometimes you might be grandfathered in, but there isn't a guarantee of this. Stay SMART.
Appraisal Issues
This one is virtually out of your control.....virtually, but not fully. If you are selling a FSBO, yes, it all falls on you. However, if you used a licensed realtor, part of his/her job is to ensure to price your home accordingly.
However, if you are going FHA or VA, there might be specifics that you aren't aware of....again, be informed and work closely with your realtor.
However, there are times that you are pre-approved and then when the time comes to close, your mortgage is denied!
Change of Employment
If you are wanting to move into that new home in a timely fashion, please, please, please, keep your current job until AFTER closing!
Many financial institutions will require 2 years of employment history. If you change jobs, this alters the two years. Sometimes if the job is in the same field, it won't be an issue, but you will need to check with the bank you are working with for your loan.
Credit Scores
Oh, the dreaded credit score that you worked so hard on for the last 6 months - 2 years! Just because you were pre-approved, doesn't mean to all of a sudden to quit paying that credit card on time. This is especially true if your credit is barely in the "good" rating.
The financial institution will run your credit right before closing and if you slow paid or didn't pay and it is reported, this could drop you back into the "poor" ratings and the bank can deny your loan.
Additional Debts
Again, you've worked so hard to get this score high and "good!" Don't be a knuckle head and go out and buy new furniture for your home or a new car to celebrate your new home. You might have squeaked by with the debt/income ratio and you just shot it out of the water with that new sofa!
People have shown up to their closing in a NEW car and the loan was DENIED!! Stay low on the radar, buy new stuff AFTER you close.
Lender Requirements
The lender can and does change the rules in the middle of the game and there isn't a thing you can do about it!
Maybe they changed their minimum credit score requirement or the debt/income ratio. Remember the two reasons above...well that just sunk your home buying boat! Don't be dumb (DBD), stay on the ball and take care of your stuff!!
Sometimes you might be grandfathered in, but there isn't a guarantee of this. Stay SMART.
Appraisal Issues
This one is virtually out of your control.....virtually, but not fully. If you are selling a FSBO, yes, it all falls on you. However, if you used a licensed realtor, part of his/her job is to ensure to price your home accordingly.
However, if you are going FHA or VA, there might be specifics that you aren't aware of....again, be informed and work closely with your realtor.
For more information about mortgages being denied, please visit: http://www.rochesterrealestateblog.com/top-5-reasons-a-mortgage-is-denied-after-pre-approval/
Be blessed my peeps!
Tuesday, October 27, 2015
Vote Early & Vote Often...
....just kidding. Just vote once, but JUST DO IT! As my step-dad says, "If you don't vote, then don't complain." There is a lot of logic to this statement.So what are we voting on anyway? Prop 1 is a BIG deal. Some of those folks in Austin would like for there to be a transfer tax when a property is sold. So this would be an additional tax, on top of your property taxes. Prop 1 will add an amendment that will ban this from happening.
Additionally, it will double the homestead exemption to $25,000. This is good for everyone.
Lastly, it reduces taxes on seniors and disabled Texans. Who can't agree that is a good thing?
If you'd like more information, visit www.texansfor prop1.com.
If you live in a school district, they might be having a bond to vote on this go round. Vote YES! Here's the deal, the district doesn't come to you lightly, willy-nilly and ask for money. Visit your local schools, talk to teachers...do they have the supplies they need? do they have plenty of room in their schools? are there portables in the back? I will go out on a limb (as an educator of 20 years) and say, no they don't have all the supplies they need, they are very over-crowded and if there aren't already portables, there is talk of them!
What many people don't understand is how school finance works...and I admit that I don't know the ins and outs. But there are a few things I do know. One I hear often: "Why don't they use all the money from the football games for stuff?" Why? Because that money is in a different fund and you can't just move over money from one fund to another. That might be how you do your finances, but schools can't. At bond time, schools need to do a little more educating of the public and explain some of these things.
I don't know any district that isn't growing and doesn't need lots of stuff. I also don't know a teacher that doesn't spend his/her own personal monies to pay for things for his/her classroom. Even small things like paper towels (not the nasty brown ones in the bathrooms), tissue and hand sanitizer are always at a premium and that doesn't include the "fun" stuff for projects and activities.
So, instead of automatically saying no to the bond, do some research and find out what is needed. It takes 2-3 years to build a new campus, so districts seem to be behind the ball when it comes to new facilities. Why? Because they can't just go out and purchase land and facilities like you and I can do when we want a new home. It takes time and it is a process.
Ask, ask, ask....if you have questions about what is going on in your school district, send an email, make a call. I know someone will be more than happy to answer your questions.
And remember: GO VOTE!!
Blessings my friends.
Saturday, October 17, 2015
FSBO
FSBO (fizz-bo) aka For Sale By Owner
"I don't need an agent."
"They don't do anything."
"How much do you want?"
"What are they going to do that I can't do?"
When thinking about selling your home, you do have a lot to ponder and consider and make some big decisions.
Decision #1: Do I sell?
Decision #2: When?
Decision #3: What agent will I use?
However, I'm going to turn that model upside down and suggest that you start with #3 FIRST and then answer the other two questions and any other questions you might come up with through out the process.
You MUST find an agent that is licensed in The Great State of Texas!
You want someone who is current on their knowledge of the market. I don't recommend using someone that does real estate part time. Do you want a doctor that only dabbles in medicine?
You want someone you feel comfortable with and who you trust. Many people choose a realtor based on a recommendation or referral and that is awesome! But who is the person that is referring them to you? Are you choosing them because they play bridge with your grandmother? that's who our family always uses? While these are valid reasons, they might not be the best for you and your situation.
Interview a few people or even a lot. Selling your home is a BIG decision and you don't want to jump into it too quickly.
Let's answer some of those questions:
"I don't need an agent." While this can be true, there are more reasons to HAVE an agent than to not have one....keep reading for more details.
"They don't do anything." In any field, you will have slackers. But I am here to tell you that if an agent isn't doing "anything" they aren't making any money. If they aren't making any money, they won't be in the business very long. Lastly, if you don't feel they aren't doing anything, you can fire them and get another agent that does work for you!
"How much do you want?!" Oh the dreaded money. 99.9% of agents are in real estate as their profession, so they are in it to make money. So, they should get paid for the work they do. In a very short list, they do the following:
1. do a market analysis to list your house at the right price
2. is honest with you about the condition of your home (what will someone's first impression be?)
3. market, market, market (by the way, when interviewing agents, ask how they will market your home).
4. negotiates offers to help ensure you are getting the highest offers out there
5. negotiate the inspection results
6. speeds up time to close by making sure all those little things are done (inspections, warranties, monies, paperwork and paperwork and paperwork)
And this list is not all-inclusive. There are things going on all the time that a good agent is doing for the seller.
"What are they going to do that I can't do?" If you, the seller, is a licensed agent, probably not anything. However, if you aren't a licensed real estate agent, do you know all the forms needed to sell a home? Do you have training on marketing a home? Do you have training on market analysis? Do you know the responsibilities of a seller at closing?
That's why you need a licensed agent! We are here for YOU!
Blessings my friends!
"I don't need an agent."
"They don't do anything."
"How much do you want?"
"What are they going to do that I can't do?"
When thinking about selling your home, you do have a lot to ponder and consider and make some big decisions.
Decision #1: Do I sell?
Decision #2: When?
Decision #3: What agent will I use?
However, I'm going to turn that model upside down and suggest that you start with #3 FIRST and then answer the other two questions and any other questions you might come up with through out the process.
You MUST find an agent that is licensed in The Great State of Texas!You want someone who is current on their knowledge of the market. I don't recommend using someone that does real estate part time. Do you want a doctor that only dabbles in medicine?
You want someone you feel comfortable with and who you trust. Many people choose a realtor based on a recommendation or referral and that is awesome! But who is the person that is referring them to you? Are you choosing them because they play bridge with your grandmother? that's who our family always uses? While these are valid reasons, they might not be the best for you and your situation.
Interview a few people or even a lot. Selling your home is a BIG decision and you don't want to jump into it too quickly.
Let's answer some of those questions:
"I don't need an agent." While this can be true, there are more reasons to HAVE an agent than to not have one....keep reading for more details.
"They don't do anything." In any field, you will have slackers. But I am here to tell you that if an agent isn't doing "anything" they aren't making any money. If they aren't making any money, they won't be in the business very long. Lastly, if you don't feel they aren't doing anything, you can fire them and get another agent that does work for you!
"How much do you want?!" Oh the dreaded money. 99.9% of agents are in real estate as their profession, so they are in it to make money. So, they should get paid for the work they do. In a very short list, they do the following:
1. do a market analysis to list your house at the right price
2. is honest with you about the condition of your home (what will someone's first impression be?)
3. market, market, market (by the way, when interviewing agents, ask how they will market your home).
4. negotiates offers to help ensure you are getting the highest offers out there
5. negotiate the inspection results
6. speeds up time to close by making sure all those little things are done (inspections, warranties, monies, paperwork and paperwork and paperwork)
And this list is not all-inclusive. There are things going on all the time that a good agent is doing for the seller.
"What are they going to do that I can't do?" If you, the seller, is a licensed agent, probably not anything. However, if you aren't a licensed real estate agent, do you know all the forms needed to sell a home? Do you have training on marketing a home? Do you have training on market analysis? Do you know the responsibilities of a seller at closing?
That's why you need a licensed agent! We are here for YOU!
Blessings my friends!
Friday, October 16, 2015
Renting vs Buying
To rent or to buy....that is the question (you must say this in a very Shakespearean voice!)
There are times when renting is best and not. What are your future plans? As I've stated in previous posts, talking to a financial person is always in your favor so that you know what your future brings (ie: the purchase of a new home!).
Here in Central Texas, specifically New Braunfels, the rental market is a fierce and furious one! People line up for homes because there aren't a lot of decent rentals available. (Look for future posts regarding investment properties.)
Renting can be crazy because you are essentially paying someone else's mortgage. So, why not pay your own mortgage and reap the tax benefits that go along with it?
Now, don't get me wrong, as a home owner, there are times when I wish I could call the management office and someone will come fix the A/C or change the light bulbs and I'm not out any money. But, can I paint what I want, hang what I want and build equity for future purchase?
Rentals can be a challenge because you don't know how well the owner has taken care of the property. If you are in a dwelling that shares walls with others, those "others" can be difficult, if not unbearable (and you are locked into a lease)! Then don't forget the deposits and how hard you work to get most of it back when you move.
The moral of this story is that after you have talked to a financial person, so that you have a plan of action, decide if renting or buying is your best bet.
And ALWAYS use a licensed real estate agent.
Blessings my friends!
Here in Central Texas, specifically New Braunfels, the rental market is a fierce and furious one! People line up for homes because there aren't a lot of decent rentals available. (Look for future posts regarding investment properties.)
Renting can be crazy because you are essentially paying someone else's mortgage. So, why not pay your own mortgage and reap the tax benefits that go along with it?
Now, don't get me wrong, as a home owner, there are times when I wish I could call the management office and someone will come fix the A/C or change the light bulbs and I'm not out any money. But, can I paint what I want, hang what I want and build equity for future purchase?
Rentals can be a challenge because you don't know how well the owner has taken care of the property. If you are in a dwelling that shares walls with others, those "others" can be difficult, if not unbearable (and you are locked into a lease)! Then don't forget the deposits and how hard you work to get most of it back when you move.
The moral of this story is that after you have talked to a financial person, so that you have a plan of action, decide if renting or buying is your best bet.
And ALWAYS use a licensed real estate agent.
Blessings my friends!
Thursday, October 15, 2015
Looking for new home construction?
So many builders to choose from, how do you begin the process?
I recommend visiting Builders Update. This is a great tool for you to pick your area and it will show you new construction in the area. You can save and/or share your searches. This is a great tool for anyone looking for a new home or to build.
This post is short and sweet, but the hope is you go forth and look for that new home to build!
Be blessed my friends!
I recommend visiting Builders Update. This is a great tool for you to pick your area and it will show you new construction in the area. You can save and/or share your searches. This is a great tool for anyone looking for a new home or to build.
This post is short and sweet, but the hope is you go forth and look for that new home to build!
Be blessed my friends!
Wednesday, October 14, 2015
5 common buyer's remorse features
Buying a new home is exciting! It can be stressful, but when you get down to the nuts and bolts, it is very exciting because it is a new chapter in your life.
When some people buy a new home, it took them months to find it. Others found their dream within weeks of starting their search. Either way, don't fall into some of these common buyer's remorse features.
You went TOO BIG: you are currently cramped, closets too full and tripping over one another. But, do you really need a 5,000 sq. foot home? Probably not. Take a moment to take out the emotion of your current home situation and some of your frustrations and assess how much room you really need.
Awkward Layout: the house has so many good features, but it is practical? We looked at a home that had a TON of rooms, but looking back on it, it felt more like a maze because there wasn't flow to the layout of the home. Maybe the kitchen has an island. Step back and imagine yourself cooking dinner....will that island still be an asset or just in the way?
What's missing?: Prior to beginning your home search, think about what you love about your current home and what you wish you had (remember, this isn't a "money isn't an issue" purchase! This also isn't a home on Pinterest!) I've seen beautiful homes, but there aren't any cabinets in the bathrooms, where is the linen closet?, does it have plugs throughout the house? My current home is lovely, but you exit the master bedroom and you won't find a plug until you get to the kitchen or dining room....but I want one in the small hall and surely one other than the washer/dryer plugs in the laundry room!
Pool: Make a big splash with a pool IF you like to swim and realize they can be drain on time and money. Personally, I don't completely agree with this fact because we've had a pool for almost 7 years and we love it and we maintain it well and we don't spend extra-ordinary amounts of money on it...but that is because we maintain it (see the trend here?). If you aren't wanting to maintain it, or spend the money on a pool company, skip the pool and buy in a community with a pool.
Fads & Trends: “Today’s popular ice-white appliances, steel countertops, and Edison bulb light fixtures are yesterday’s saloon doors, linoleum, and brass hardware,” realtor.com® notes. Realize that some things are trendy and unless you are planning on living in this home forever, then you might have to change it when it comes time to sell.
Be smart and take your time. Buying a home will often be the largest financial decision you make; therefore, you want to be smart about all of the steps.
Be well my friends....until we meet next time.
Source: “Skip the Pain: 7 Things That Will Fill You With Buyer’s Remorse,” realtor.com® (Oct. 12, 2015)
When some people buy a new home, it took them months to find it. Others found their dream within weeks of starting their search. Either way, don't fall into some of these common buyer's remorse features.
You went TOO BIG: you are currently cramped, closets too full and tripping over one another. But, do you really need a 5,000 sq. foot home? Probably not. Take a moment to take out the emotion of your current home situation and some of your frustrations and assess how much room you really need.
Awkward Layout: the house has so many good features, but it is practical? We looked at a home that had a TON of rooms, but looking back on it, it felt more like a maze because there wasn't flow to the layout of the home. Maybe the kitchen has an island. Step back and imagine yourself cooking dinner....will that island still be an asset or just in the way?
What's missing?: Prior to beginning your home search, think about what you love about your current home and what you wish you had (remember, this isn't a "money isn't an issue" purchase! This also isn't a home on Pinterest!) I've seen beautiful homes, but there aren't any cabinets in the bathrooms, where is the linen closet?, does it have plugs throughout the house? My current home is lovely, but you exit the master bedroom and you won't find a plug until you get to the kitchen or dining room....but I want one in the small hall and surely one other than the washer/dryer plugs in the laundry room!
Pool: Make a big splash with a pool IF you like to swim and realize they can be drain on time and money. Personally, I don't completely agree with this fact because we've had a pool for almost 7 years and we love it and we maintain it well and we don't spend extra-ordinary amounts of money on it...but that is because we maintain it (see the trend here?). If you aren't wanting to maintain it, or spend the money on a pool company, skip the pool and buy in a community with a pool.
Fads & Trends: “Today’s popular ice-white appliances, steel countertops, and Edison bulb light fixtures are yesterday’s saloon doors, linoleum, and brass hardware,” realtor.com® notes. Realize that some things are trendy and unless you are planning on living in this home forever, then you might have to change it when it comes time to sell.
Be smart and take your time. Buying a home will often be the largest financial decision you make; therefore, you want to be smart about all of the steps.
Be well my friends....until we meet next time.
Source: “Skip the Pain: 7 Things That Will Fill You With Buyer’s Remorse,” realtor.com® (Oct. 12, 2015)
Tuesday, October 13, 2015
First Steps
"Did you hear that Sally and Roger bought a new home?"
Just that question gets our new home envy going and we start looking online, driving around and maybe even go into a new home and start imagining your furniture, kids and pets there.....but, STOP!
First, you need to know what your budget is and often times you aren't fully aware of all the details. You need to talk to a reputable financial person who can pull your credit and tell you the good, the bad and maybe (maybe not) the ugly.
Finding a financial person is easy...ask me and I can send you to one that is good, reliable and confidential.
The application is easy....usually online and will take 5-10 minutes to fill out.
The application is FREE.....that is always a good thing!
The application will NOT hurt your credit report. If you are continually applying for credit cards, loans and such, then yes, that will hurt you because creditors think you are looking to spend, spend, spend. However, having a financial person do it for the sake of down the road, buying a home, it is an OK and VERY good thing to do.
I have clients that want to wait for 6 months prior to purchasing a home to begin this process. A year out is NOT too soon! If you have minor credit issues, 6 months or more of good payment history can do very positive things for your credit.
So remember, prior to EVER looking, see what your budget is so that you can set appropriate goals and look at homes that are in your price point.
Be blessed and don't hesitate to contact me with questions.
Just that question gets our new home envy going and we start looking online, driving around and maybe even go into a new home and start imagining your furniture, kids and pets there.....but, STOP!
First, you need to know what your budget is and often times you aren't fully aware of all the details. You need to talk to a reputable financial person who can pull your credit and tell you the good, the bad and maybe (maybe not) the ugly.
Finding a financial person is easy...ask me and I can send you to one that is good, reliable and confidential.
The application is easy....usually online and will take 5-10 minutes to fill out.
The application is FREE.....that is always a good thing!
The application will NOT hurt your credit report. If you are continually applying for credit cards, loans and such, then yes, that will hurt you because creditors think you are looking to spend, spend, spend. However, having a financial person do it for the sake of down the road, buying a home, it is an OK and VERY good thing to do.
I have clients that want to wait for 6 months prior to purchasing a home to begin this process. A year out is NOT too soon! If you have minor credit issues, 6 months or more of good payment history can do very positive things for your credit.
So remember, prior to EVER looking, see what your budget is so that you can set appropriate goals and look at homes that are in your price point.
Be blessed and don't hesitate to contact me with questions.
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