If you’re a regular blog reader of ours, then you probably saw our recent blog – So You Want To Be A Homeoowner in 2018? If that’s the case then you know we already gave you some fantastic New Year’s Resolutions if you want to become a homeowner in 2018. But what if you already are a homeowner? If you are then this blog is for you! We hope you stick to these fantastic New Years Resolutions for the homeowner to get your 2018 started on the right foot!
Create A Budget.
In our last blog we stated from a source, that
“76% of Americans are optimistic that 2018 will be a better financial year than 2017.”
One way you can make that statistic a reality is by creating a budget. First, gather up all of the bills from your utilities and internet/cell phone and any other extra amenities. Once you gather all of your bills up, see what things you can cut out. If you go out to eat more than you should, or get an expensive coffee every morning –cut back on these things and transfer that money to your mortgage payments. After all the sooner you pay off your mortgage the sooner you’ll officially be a homeowner!
Speaking of mortgages, you might want to consider refinancing your mortgage as well. After all, according to our source, mortgage rates were almost a their record low in 2017! They might have increased a bit towards the end since current rates are around 4%, “they’re still have the average interest rates over the past 40 years (which averaged at 8.45%.”
We’d love to point you in the right direction of a mortgage officer that might tell you to switch from a variable rate to fixed rate. If so, you should definitely take their advice to get these low mortgage rates while they’re still available!
Roll Over Homeowners Insurance.
While you’re refinancing your mortgage and looking for areas to save in your budget, you might as well look at your homeowners insurance too. Most companies will have some sort of renewal option where you pay a certain fee to keep it going. However, you must take into account any changes you’ve made to your home that could change your policy. For example, if you added an expensive security system or cleared some trees, these changes could change your policy. Or you could save more by combining your home and auto together in a bundle. It’s worth a call to your agent to discuss your options!
Clean And Organize!
Since we’ve been focusing on cleaning up your budget so far in this blog, it’s time to talk about cleaning up your home as well. Why wait until Spring Cleaning? Do it now! You could even make it a resolution to clean your home every weekend. But to start, it’s important to clean out your closets. You can even do a good deed by donating any clothes or items you never use to the Goodwill or other charities. Start your year off with a clean, fresh start!
Conduct Safety Checks.
While you’re going through your home decluttering, you should probably conduct safety checks on a few things. Some things to consider checking include:
- Smoke and Carbon Monoxide Detectors – replace them if necessary!
- Radon – You don’t want this gas in your home because it could increase a chance for lung cancer according to our source!
- Fire, flood, or other emergency escapes - Gather your family together and make sure everyone knows where to go or what to do in case of emergency.
If you’re already a homeowner we hope this blog will encourage you to start 2018 off on the right foot! After all, who wouldn’t want to save money and become a cleaner person? We hope you do and we hope you put these tips to good use!
Questions About The Tips Above? We can help!
If you’d like to take these tips seriously but have questions about some of them, don’t hesitate to contact us! We have a team that would love to assist you! Just call the office at 724-941-8680 or call/text us directly at 724-288-8800.
Until Next Time,