As the new year approaches, it can be a great time to begin setting goals for your health, home, and financial well-being. Read on for a few goals for 2018 that you may want to add to your list.
Show your home a little TLC.
Whether it is fixing a creaky floorboard, swapping out a light fixture for a new style, or planning a full-fledged remodel, taking the time to take care of your home may benefit you personally and financially, making your space more comfortable while potentially increasing its value and curb appeal.
If you’re looking for some ideas to boost your curb appeal, check out our list of quick tips here.
Reduce your carbon footprint.
Replacing incandescent bulbs with LED light bulbs, properly insulating your home, and switching out older appliances with energy efficient appliances can have a substantial impact – not only on the environment, but on your monthly utility bills.
While the upfront cost of replacing lighting and upgrading appliances may seem daunting, you can save significant amounts of money on your energy bills over time.
Stick to a budget.
Whether you are saving up for a down payment on a new home, working to make larger payments on your current mortgage, or simply working to further stabilize your financial situation, sticking to a realistic budget can be a great first step.
Consider your income and lifestyle, be flexible, and don’t forget to live a little from time-to-time – but always keep your financial goals in mind. It will be worth it!
Consider buying/selling before the market heats up with the summer sun.
Although trends typically imply a faster and more active market in the spring and summer months, buying and selling before the winter has thawed may have its benefits for both buyers and sellers – namely by decreasing market competition. However, it is important to consider your local market before taking any action.
If buying or selling is on your to-do list in 2018, don’t hesitate to reach out to one of our licensed Loan Originators to discuss the current market, as well as your situation and goals.
This is for informational purposes only and is not a commitment to lend. The opinions and views expressed in this blog are those of the authors and do not necessarily reflect the official policy of position of Mortgage Trust, Inc. Terms and conditions of programs, products, and services are subject to change without notice. All loans are subject to credit and property approval. Certain restrictions may apply on all programs. Please consult with a trusted financial adviser to determine if investing in real estate is right for you.
Mortgage Trust, Inc. is an Equal Housing Lender. NMLS 3250