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Archive for the ‘Home Buying Tips’

Home Moving Made Easy – Top Tips for an Easier Relocation

June 25, 2008 By: blogcharlotte Category: Home Buying Tips 6 Comments →

by Brandon Cornett

Homeowners in the United States sell their homes and move, on everage, every five to seven years. That’s a lot of moving, and it can be a stressful time for anyone. But by preparing for your next move, you can greatly reduce the stress involved and simplify the entire process.

Here are some tips on how to do that:

1. Get the Right Materials

Some moving companies will come and pack up your belongings, if you pay for that service. But if you’ll be doing your own packing, you will need to obtain the following supplies:

  • Boxes *
  • Packing tape
  • Black markers for labeling
  • Scissors
  • Newspaper or newsprint for cushioning
  • Moving blankets (for high-value furniture items, mirrors, etc.)
  • A pocketknife (they always come in “handy”)
  • Some plastic storage bins (Rubbermaid, Sterilite, etc.)

* You may be able to get some boxes from your local supermarket, if you go in and ask the manager on duty. This works 90% of the time. You can also buy boxes (include specialty items like wardrobe boxes) from your nearest U-haul rental place.

2. Get Rid of Items You Aren’t Taking

A garage sale is one of the best things you can do before moving. It’s a way to purge your home of unwanted items you don’t plan to move with you. You can also donate unwanted items to your local Goodwill drop-off. The sooner you do this step, the easier your packing will be.

3. Label Boxes Appropriately

Many people think they can remember which items are in which boxes after they reach their move destination. But this rarely works. On the outside, a box is a box. So you should label each box with its contents, being as specific and thorough as possible. It’s also a good idea to put the room in big letters at the top (kitchen, master bedroom, etc.). That way, you or your movers will know where to put things on move-in day.

4. Back Up Computer Files

Before shutting down and packing up your computer, it’s a good idea to back up your files. In the unfortunate event that your computer was damaged during transit, you would at least have all of your important files.

Make back-ups of computer files and determine how you will move this delicate equipment.

5. Make Use of Luggage Items

Don’t just throw those suitcases in your car empty. Pack them with as many clothes as you possibly can. The same goes for duffel bags and other luggage items you might have. It will save space and reduce the number of trips when loading and unloading.

6. Segment Your Most Needed Items

Make a list of things you’ll need during your move — clothes, toiletries, medications, pet foods, etc. Pack these items separately into an “Open First” box (if you’re only moving locally). If you’re moving long distance, keep these items with you (as opposed to putting them onto the moving truck).

7. Choose a Reputable Mover

When researching moving companies, ask friends or family if they can refer a mover they have used. Check to see if the mover is a member of the Better Business Bureau (BBB). Ask the moving company if they have any complaints filed against them, or just check their BBB record online.

8. Conduct a Room-by-Room Check

Before your final departure from the home you’ve leaving, give each room a final once-over for forgotten items. This is especially important for out-of-the-way areas like basements, tool sheds, attics, etc.

9. Unpack in Room-by-Room Fashion

Before you begin unpacking in your new home, be sure to move all of the boxes to their destination rooms (kitchen, master bedroom, etc.). You did label those boxes, right? Properly positioning boxes prior to unpacking will reduce confusion as well as clutter.

About the Author: Brandon Cornett writes for M&M Moving, an Austin mover that does both local and interstate moves from their headquarters in Austin, Texas. Learn more by visiting http://www.mmmoving.com

A Helpful Home-Buying Checklist for First-Time Buyers

April 21, 2008 By: blogcharlotte Category: Home Buying Tips, Uncategorized 2 Comments →

By Brandon Cornett

For most people, buying a home represents the largest and most significant investment they will ever make. So it only makes sense to prepare for that process.

Here are seven things you can do to prepare for the home buying process, before you even begin shopping for a home.

1. Learn the home buying steps in advance.

When you understand the basic steps to buying a home, you will make better decisions along the way. This will help ensure a smoother real estate transaction. Mortgage and home buying lingo is a big part of this, so be sure to read through a few real estate glossaries before you get deep into the home buying process. The last thing you want is to sign a document that uses terminology you don’t understand!

2. Review your debt-to-income ratio.

This ratio represents your amount of monthly payments (bills) compared to your average monthly income. Debt-to-income ratio is one of the things mortgage lenders will look at when qualifying you for a loan. Most lenders will prefer your debt not to exceed 20% of your net monthly income. If your debt is more than 20% of your income, it’s time to pay down some of those bills. You’ll have a much easier time qualifying for a loan if you do.

3. Set your home buying budget.

By using a mortgage calculator, you can get a pretty good idea of how much mortgage you can afford to pay each month. This directly corresponds to the amount of home you can afford to buy. Once you have an approximate budget in mind, you’ll be able to limit your home search to those homes that fall within your budget range. This will save you a lot of time and hassle, while keeping your home search financially feasible.

4. Start saving your cash.

Unless you’ve just won the lottery, there’s a very good chance you’ll need some cash reserves during the home buying process. For one thing, mortgage lenders like to see that you’ve got some money saved for your settlement / closing costs. Secondly, the additional cash will come in handy for moving expenses, furniture purchases, home insurance, and all the other compiling costs that go along with buying a home.

5. Review your credit report.

Order a copy of your credit report and look it over for errors, inaccuracies, or anything that just seems odd. This is one of the first things a mortgage lender will do when considering you for a loan, so it makes sense to conduct your own review first. The easiest way to obtain copies of all three reports at once (from Experian, TransUnion and Equifax) is to visit www.AnnualCreditReport.com.

6. Fix credit errors quickly.

If you review your credit report and find something that doesn’t seem right, go to the company’s website who produced the report (TransUnion, Equifax or Experian) to submit a correction request. These companies are required by law to examine any reported errors on credit reports, and to correct them if necessary. But the process can take time, so you want to stay on top of it to resolve it quickly.

7. Get pre-approved for a loan.

During pre-approval, a mortgage lender will review your credit report, income and overall debt to determine how much of a loan you qualify for. With a “pre-qual” letter in hand, you can be more confident about your buying power in the real estate market. It also shows sellers that you’re serious about (and capable of) buying a home. This can be an important factor if the seller receives offers from multiple buyers, as they will likely consider those who have been pre-qualified above those who have not.

About the Author

Brandon Cornett writes for Foust Asset Development, a team of real estate professionals inĀ Orange County, California Learn more by visiting http://www.foustonline.com

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