Your Home, Your New Year’s Resolution
Every new year, many of us commit to better health and wellness, but what if this year we reserve not just be better ourselves but also better our homes. By contacting me to discuss your real estate goals, perhaps you can make real estate-based resolutions and maybe even stick to them this year.
Now that we have entered the winter months, I advise you to get that to-do list out of the drawer, dust it off, and start crossing off some of the items listed. And because it has been in hiding since spring, you should walk back through your home with your list, noting any small things that could turn into big problems. Be sure to check everything, from cracks in the ceiling to regular maintenance items should be attended to. Scan all of the walls, floors, ceilings, appliances, doors, and windows. Not only is aspiring to accomplish all of the items on your to-do list an excellent New Year’s resolution, but it will also remove the monkey that has been hanging on your back since spring.
Another resolution for 2022 that I would recommend that you look into is any home renovation you have been longing to execute. If you have coveted an updated kitchen, bathroom, or something else, make it your goal to accomplish the task in the upcoming year.
Regardless of the remodel, focus on energy efficiency. 2022 will be the year of supporting the “Go Green” concept. You can achieve this by merely replacing incandescent light bulbs with more efficient fluorescent or LED’s. Or go big by replacing any home appliances with energy-efficient versions.
Even though a full remodel will not be suitable for everyone, you can perform something more financially manageable, such as tiling your kitchen backsplash or applying a fresh coat of paint to the walls. Any of these renovations will ultimately add value to your home and are resolutions that can easily be accomplished.
Lastly, I suggest that you resolve to make extra mortgage payments. Maybe you cannot afford to double the payment, but perhaps you could add a small amount of money each month for the next year.
Paying extra money towards your mortgage now saves you big money later. Your real estate agent will be able to provide you with the information of how much savings your resolution investment could pay off in the long run.
So, this year, instead of purchasing an expensive diet plan, you are sure to bail on by March, commit to improving, maintaining, and paying more towards your real estate investment. Call me today and we can discuss your home New Year’s resolution for 2022. I would be happy to help you determine where to focus your attention and money.
People so often fail to uphold their New Year’s resolutions. By involving your home in making your resolution decision, you are sure to be more likely to succeed in the expectations you set for yourself. You will also be making your home a safer, more appealing, and energy-efficient environment. Contact Pam Snowden today at 817-690-0976 and let’s get started on your 2022 real estate goals.
The good news is that while PMI will add to the cost of your mortgage each month, it does not have to be forever. You can usually eliminate the cost of private mortgage insurance once you have attained 20 percent equity in your home. That is certainly an incentive to work toward paying a little extra on the principal of your loan each month. Additionally, if you happen to live in an area where property values are on the rise, you have a better chance of reaching the desired 20 percent equity level within a shorter period of time. If you believe you have attained 20 percent equity in your home, it can be worth it to contact your lender. Be aware that the lender may request a new appraisal, however. This is a fee you may be responsible for paying. Get in touch with me at 817-690-0976 and I will be happy to answer any questions you may have about purchasing your new home.
Pam Snowden
Realty World Professionals
817-690-0976 (cell)
Photo by Jan Antonin Kolar on Unsplash
