No Comments

Tips To Get Settled In A New Home

Tips To Get Settled In A New Home

Moving into a new home? We know how exciting it can be! We’ve compiled a list of a few things you can do after your move to make sure your experience is comfortable. The hardest part of a move is getting settled in, after that, let’s handle a few loose ends that sometimes get forgotten about till the last minute.

CHECK MAJOR APPLIANCES

Be sure to check all the appliances to ensure everything is still in working order after the move. You want to make sure nothing was broken in the move or stopped working suddenly. Look at things such as your stove, dishwasher, washer and dryer, refrigerator, and microwave. If you brought any appliances yourself and you used movers, you’ll want to make sure everything still works with them, since mover’s insurance companies give a limited timeframe for when you can make a claim.

CHECK ALL OF YOUR BOXES & FURNITURE

Be sure to go over all your boxes and furniture to make sure nothing got damaged during the move. Be sure that everyone has arrived and didn’t get lost in the process. If you notice something is missing a month later, it may be too late to file a claim with the moving company. Even if you don’t plan on unpacking everything as soon as you move in, just do a quick review and inventory everything you brought to protect yourself and your belongings.

SET UP UTILITIES

Did you remember to set up your utilities before moving in? There’s nothing more frustrating than moving into your home to realize the lights don’t work. Make sure you’ve gotten with all of the necessary utility companies to have everything turned on in time for your move.

REGISTER INTO A GOOD SCHOOL

You may have already known to look for a school for your kids prior to your move, but if you haven’t yet found one, be sure to research all the schools local to you to find the right fit for your family. The sooner you can find the right school and register, the easier and less stressful it will be to get them in and settle.

REGISTER YOUR CAR

If you’ve moved to a new state or country, you’ll want to make sure to register your car in your new hometown and update your driver’s license, tags, and plates.

CONNECT TO YOUR NEIGHBORHOOD

Join sites like Nextdoor.com or get a subscription to your local magazine/newspaper to stay in touch with what’s going on in your neighborhood. Be sure to also join local community Facebook groups. You can find out about events or concerns relating to your community.

GETTING YOUR MAIL

Have you updated your address from all the people you’ll be expecting to get mail from? Like your bank, friends, family, and services you still pay for after your move. Check with the post office to have things redirected to your new address while you work to update your info with everyone else.

FIND THE RIGHT PROFESSIONALS

If you’re moving far from your last home, you’ll want to have the right connections. Find a new doctor, dentist, vet, handyman, plumber, etc. Add them into a contact book that’s easily accessible.

EMERCENY CONTACT LIST

If you’re moving to a new country, 911 won’t be the local emergency number. Make sure you have all the correct numbers in the case of an emergency. This can also include doctors, the local police station, a vet, etc.

INSURANCE COMPANIES

More than likely, you handled home insurance and home warranty during the purchasing process. If you haven’t, be sure to get those taken care of right away. You’ll also want to get your auto, health, and any other necessary household insurances sorted for your move.

Feel Free to call our office if we can help in anyway: 719-536-4581

No Comments

5 Places To Keep Your Down Payment When Saving to Buy a Home

If you are saving to buy a home, here are five good saving options for you down payment.

1. Savings Account

FDIC insured up to $250,000, a savings account is an ideal place to keep your cash while you save for the big day. The best option is a savings account at an online bank for two reasons. First, the interest rates at online banks, while not enough to make you rich, are generally higher than with traditional banks. And second, because you won’t be driving by the bank’s branch every day (they don’t have any), you’ll be a little less likely to spend the money. These accounts are easy to open, and you can get access to your money immediately when you find that perfect bungalow.

2. Certificates of Deposit (CD’s)

As with savings accounts, most CDs are FDIC insured. Unlike savings accounts, however, there are generally penalties if you withdrawal the money before the term of the CD elapses. The penalty can be a helpful deterrent if you fear you may be tempted to spend the money.

Alternatively, you can invest in short-term CDs with durations of 3 to 12 months. Or you can put your money in a no-penalty CD, which as the name suggests, doesn’t charge a penalty if you decided to take the money out early. Keep in mind that the longer the CD term, the more interest you’ll typically earn.

3. U.S. Treasury Bills

U.S. Treasury bills are obligations of the federal government that matures in one year or less. They are considered to be virtually risk-free as they are backed by the full faith and credit of the U.S. government. Treasury bills are purchased at a discount and upon maturity, the investor receives the full face value. To make the investment worthwhile, financial experts suggest purchasing at least $10,000 or $20,000.

If you go this route, I’d suggest I bonds purchased through Treasury Direct. But keep in mind that you cannot redeem these bonds for one year, and there is a small interest penalty if you cash in the bonds before five years.

You can consider shorter T-Notes as well. The yields on a 2-year T-Note, however, are lower than an online savings account.

4. Reward Checking Account

With the right checking account, you can save money in a FDIC insured account and earn some perks at the same time. Some checking accounts offer bonuses to new account holders. For example, EverBank’s checking account offers a bonus rate for the first six months that is currently 1.40% APY (rates do change so check out the details on EverBank’s website).  One of my other favorites is FNBO Direct, which pays one of the top interest rates I’ve seen. You can check out the details on our list of free checking accounts.

5. Money Market Account

A money market account is another great way to insulate your money while earning higher interest rates (based on the amount you have to deposit).  Money market accounts can be purchased through your local bank and should not be confused with money market funds, which are similar to mutual funds, yet buy cash equivalents as investments.

Money market accounts are almost always FDIC insured if your bank is a member financial institution. Make sure to always confirm that this is the case, however, and know that there are withdrawal restrictions.

As always, one must consider their time frame and risk tolerance.  A down payment on a home is not money that can be lost.  Investors must realize that parking their money for the short-term in a safe place will give them peace of mind, but most likely a lower return. The key is liquidity, safety, and accessibility.

No Comments

Kitchen Improvements Under $100

 

Kitchen Improvements Under $100
Want to spruce up your kitchen but stuck on a tight budget? Check out the list of improvements you can get started on for under $100. These tips can come in handy when you’re ready to list your home to sell on the market.

1. REFRESH THE SINK:

If your sink is starting to look outdated, find an affordable, yet stylish, replacement. If you have the eye for DIY, you can also purchase some sandpaper and a $4 can of spray paint that is made for metal, and dye it to refresh and brighten the color.

2. HANG A NEW LIGHT FIXTURE

A decorative light fixture doesn’t have to cost an arm and a leg. You can generally find some decent ones that are under $100. Go for a chrome finish or choose the rustic route, whichever suits the current decor in your kitchen. You can also add LED lights under your kitchen cabinets for around $10-$20.

3. PAINT THE CABINETS

With care taken in the prep work, you can refinish the paint on your cabinets. You can generally get a kit around $75. Refreshing the paint color or the stain can make your kitchen feel brand new.

4. TURN YOUR FRIDGE INTO A CHALKBOARD

Chalkboard finishes are a hot trend, especially on the fridge! They add more functionality by allowing home owners to write grocery lists, menus, and even to-dos. Use painters tape to outline the shape and size you want to use as the chalkboard then coat it with magnetic primer, then chalkboard paint.

5. REPLACE OUTLET PLATES

Replace the outdated outlet wall plates for your light switches. You can add some character to it by using bold patterns, bright colors, or elegant textures. If they look faded, yellow, or chipped, they’re a cheap fix to replace.

6. CHANGE HARDWARE

Replacing the hardware on your kitchen cabinets and drawers can provide a drastic change to your kitchen. Not only can you get rid of hideous outdated hardware, but you can add a completely new feel to the theme of your kitchen just by updating the hardware throughout it.

7. EXPAND STORAGE

Have empty wall space? Search your local home stores for cute baskets or storage containers you can use to fill the space. Not only can it add some character to your kitchen, it also adds functionality and more storage options. A feature buyers love if you’re thinking of listing your home.

8. DRESS UP YOUR DECOR

Bring some color to your kitchen. Throw out decor that looks like it belongs in the 90’s, rugs that are falling apart, and anything else that weighs down a fresh look. Add in some new rugs and hand towels that match your personality and the theme you’re trying to achieve. You can also add some plants and decorative pieces to add character.

9. CLEAN UP THE CLUTTER

The best cleaning tip I can give all of my clients is to remove the clutter. Nothing is a bigger eye sore than too many things. It also messes with the energy in a home. Throw out a lot of things that are taking up too much space. If it’s sentimental, see if you can store it in a new place or even donate it.

No Comments

Why You Need To Sell This Summer

Why You Need To Sell This Summer

The market is hot, hot, hot! With interest rates at an all time low for buyers, the market has turned into a feeding frenzy, and home sales are skyrocketing in prices. In such a high demand, seller’s market, homes are selling for record breaking prices, which means more money in your pocket. If you have been considering selling your home, doing so in today’s market will bring you a larger sales price. Don’t wait for the market to shift when interest rates begin to start going up again. The National Association of Realtors has gathered data to predict a strong 6 months of sales throughout the United States. And with such a large group of buyers hunting for homes during the summer months, you have a great potential to sell your home quickly, and move on to bigger and better things sooner.

This is also a great buying opportunity if you are wanting to transition into a new home. Low interest rates equate to more savings. You could potentially end up getting a bigger home for the same monthly payment cost when you buy your next property. And with such a hot market, there are more homes for sale, which means you can find the right one.

If you would like a complimentary CMA to see if the numbers work out for you and/or your family, give us a call: 719-536-4581.  Whether you are re-sizing, or moving to a different state, we can get the numbers in order to make sure it’s in your best interest to transition in today’s market. Don’t wait and lose tens of thousands of dollars in your sale price