Emergency fund: An emergency fund saved up to cover unexpected costs is very important as a homeowner. Enough cash to cover 3-6 months of living expenses is ideal. This way, if your income is interrupted for any reason or unexpected expenses arise, you have enough money to still make mortgage
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Why Your Home Might Be Causing Your Bad Mood
No potted plants: Green leaves breathe life into your home and purify the air (indoor air can be up to five times more polluted than outdoor air) and have been known to reduce stress levels. Try potting a Prayer Plant, Kalanchoe, a Ponytail Palm or a Philodendron. Your only light source
Continue readingFirst Time Home Buyer Guide
Determine Your Need: Make sure you are buying a home for the right reasons. Think about your future goals and family plans; do you plan on marrying and starting a family? Is your job stable or do you plan on making a big change in the near future? These are
Continue reading10 Most Sought After Home Features
Online real estate site ZipRealty asked about 1,000 home buyers what their list of desired features are in a home; here is a breakdown of the responses: Garage or parking space 86.8% Master suite 78.9% Plenty of storage space 72% Large/walk in closets 66.5% Guest bedroom 66.4% Outdoor entertainment
Continue readingAre You A First Time Home Buyer?
4 Things You Should Do To Prepare To Buy Your First Home Determine how much you can borrow: Meet with a mortgage lender and go over your financial history which will allow you to find out what your house budget should be, how much money you will need to put down,
Continue readingSingle Family Home Or Condo?
When purchasing a new home, it can be tough to decide between a house and a condo. There are several different factors that you should keep in mind when making the decision: Location: Where do you want to be? Are there options for both single family homes and condos in
Continue readingWhy Hire An Agent?
Education and experience Agents are buffers: If you are buying a home, they will keep builder’s agents at bay and if you are selling your home, they will filter through the spam and get serious buyers to make an offer. Neighborhood knowledge: Agents know the inside scoop on neighborhoods, including school
Continue reading3 Annoying Mortgage Hurdles And How To Get Over Them
High debt ratio: Even if you have a stellar credit score and lot’s of money in the bank, a high debt ratio is a problem when trying to get a mortgage. If your housing payments and your credit obligations are greater than 45% of your monthly income, it will be
Continue reading6 Ideas On How To Cut Moving Costs
Moving costs can add up, but there are simple ways to reduce your moving related expenses: 1. Make the move on your own: Instead of hiring a professional moving service, it is more cost effective to rent a truck and move things yourself instead. If you aren’t up for
Continue readingGetting Approved For A Loan
Speak to a lender before finding your dream home: It’s very important to meet with a lender to determine if you are approved for a home loan and if so, how much. Meeting with a lender prior to looking at homes ensures that you don’t fall in love with a
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