For those who want to acquire a house, it helps to get your finances in order. That way, you can quickly and effortlessly navigate the homebuying journey without having to worry about how you'll afford your dream house.
There are many quick, easy ways to straighten out your finances before you embark on the homebuying journey, such as:
1. Assess Your Credit Score
Your credit score ultimately can play a major role in your ability to secure a great mortgage. If you understand your credit score, you may be able to find ways to improve it prior to conducting a home search.
It is important to remember that you are entitled to a free copy of your credit report annually from each of the credit reporting agencies (Equifax, Experian and TransUnion). Request a free copy of your credit report today, and you can take the first step to evaluate your credit score.
If you find that your credit score is low, there is no need to worry. You can always pay off outstanding debt to improve your credit score over time.
Also, if you identify any errors on your credit report, you'll want to address these mistakes immediately. In this scenario, you should contact the agency that provided the report to ensure any necessary corrections can be made.
2. Look Closely at Your Monthly Expenses
When it comes to buying a house, it generally helps to have sufficient funds for a down payment. The down payment on a house may fall between 5 and 20 percent of a home's sale price, so you'll want to have enough money available to cover this total for your dream residence.
If you evaluate your monthly expenses, you may be able to find ways to save money for a down payment on a house.
For example, it may be beneficial to cut out cable TV for the time being and use the money that you save toward a home down payment. Or, if your dine out frequently, cooking at home may prove to be a substantial money-saver that could help you speed up the process of saving for a down payment.
3. Get Pre-Approved for a Mortgage
With pre-approval for a mortgage, you can enter the housing market with a budget in hand. Then, you'll be better equipped than ever before to narrow your search to houses that fall within your price range.
To get pre-approved for a mortgage, you'll want to meet with banks and credit unions. These financial institutions can teach you about different mortgage options and help you assess all of the options at your disposal.
Furthermore, don't hesitate to ask banks and credit unions about how different types of mortgages work. This will enable you to gain the insights that you need to make an informed decision about a mortgage based on your financial situation.
If you need extra help as you prepare to pursue a house, you may want to hire a real estate agent as well. In fact, a real estate agent can help you find a high-quality house at a budget-friendly price in no time at all.
56 Fairfield Ave, Holyoke, MA 01040
56 Fairfield Ave, Holyoke, MA 01040
174 Bemis Rd, Holyoke, MA 01040
Whether you’re bringing home a new puppy or adopting an adult dog, your new 4-legged friend is sure to be a part of the family. Just as you would when bringing home a new baby, you’ll want to make preparations to your space for both you and your dog’s safety. You don’t want to overlook anything and then have you or your pet get hurt. As a rule of thumb: Anything that you would protect a baby from you should protect a dog from. These dangers include:
- Prescription medications
- Small parts that can be ingested
- Cleaning supplies
- Hazardous houseplants
- Steep stairways
Keep your furry friend healthy and save yourself from costly vet bills by taking precautions. Simple measures can make a big difference. Safety items that you can use to help protect both you and your pet are:
- Power strip covers
- Locks for cabinets
- Keep pills, candy, and chemicals on high shelves that can’t be reached
- Cord wranglers
These little devices can prevent your dog from chewing or getting into hazardous things. It’s also a good idea to protect dogs from steep falls on stairways and decks by blocking certain areas off. Since many dogs don’t know what to keep out of their snouts, you want to think like a dog and know that if they can chew it, they will!
Keep Your Dog Out Of The Trash
Dogs tend to like to see what they can find in the trash. If you get a trashcan that can’t be accessed by dogs, you won’t need to worry. A hidden trashcan in a cabinet or island can help to alleviate this problem. You can also get a can with a lid that can’t be easily popped off.
Keep The Dog’s Access To A Minimum
If your dog is home alone all day while you’re at work you may want to close doors or put up gates in order to restrict the dog to a certain area of the house. This way, the dog will know his place and won’t be able to cause any kind of damage.
Keep Clutter To A Minimum
Clutter is dangerous to both humans and dogs alike. If you know a dog is bound to chew things, put it away! Keeping floors and pathways clean also protects both you and your pet from tripping. Staying organized is also a positive for everyone in the house.
If you always think with safety in mind when you have a dog, you’ll keep both you and your pet safe in your home the whole year through.