5 Things You Must Do When Buying a Second Home
5 Things You Must Do When Buying a Second Home
It is common for growing families to start feeling that their dream home, which seemed like a spacious castle years ago, is not as grand as it used to be. Though the mere thought of parting ways with your home is too difficult to imagine, each passing day becomes more cramped and crowded than the last. In situations like these, it is also common for many families to consider buying a second home to meet the needs their first home could not satisfy.
If your head is already spinning trying to determine just how you’re going to expertly balance a first and second home, don’t panic! These five tips can help you achieve your goal of acquiring a second home much sooner than you think.
1) Take Advantage of Historically Low-Interest Rates by Refinancing
One of your largest monthly expenses is undoubtedly your mortgage, therefore a big slice of your hard-earned cash is probably devoted to chipping away at it each month. But what if there was a way to reduce your monthly mortgage payment or even pay it off faster?
If your credit score is either excellent or good, you may be able to save money on your mortgage by using Lower My Bills, a website dedicated to helping you navigate your finances. Lower My Bills gives you easy ways to lower your bills, make extra money, and better plan your future. Just answer a few questions about your home and finances and Lower My Bills will immediately match you with lenders who can assist you in refinancing. FYI- the form takes less than three minutes and does not affect your credit.
2) Leave Your Family Up to $1,500,000
If you’re young and fairly healthy, life insurance may not be on your mind—but it should be. Life insurance companies look at a multitude of factors like your age, weight, and health to establish the rate you’ll pay for coverage. Typically, the younger and healthier you are, the lower the rate.
Bestow can help you find term life insurance policies with up to $1.5 million in coverage! Starting at just $8/month, you can apply online and get a decision in just five easy minutes. The best part: you might not even need to take a medical exam! If you are between 18 and 59 years old, never had a felony, and are generally in good health, you can get a free quote today!
3) Cancel Any Unwanted Subscriptions and Shed $720 From Your Bills
As a homeowner, you have piles of bills, which makes it easy for unwanted subscriptions to slip by. Companies pull money from your bank account or charge your credit card every month and you pay for it, sometimes unknowingly.
Truebill can help you cancel subscriptions and lower your bills. No phone call necessary! Their skilled negotiators can call the phone and cable company on your behalf to help reduce your bills. What’s more, they’ll also help you cancel unwanted subscriptions and put that money back in your bank account where it belongs. Truebill has already saved its members over $50,000,000 on their bills!
4) Stop Letting Repairs Drain Your Bank Account
In many cases, if your air conditioner stops working, your homeowner’s insurance won’t cover it! This is true for electrical issues, plumbing, appliances, and more. Not being able to make repairs could leave you in a seriously bad situation.
Fortunately, a plan from Choice Home Warranty can help pick up the slack where homeowner’s insurance falls flat. If a covered system in your home stops working, call their 24/7 hotline for assistance to get it repaired. They have a network of over 15,000 technicians that can swiftly assist you without breaking the bank.
5) Turn Your Grocery Receipt into an Amazon Gift Card
Did you know you can get rewarded for your grocery bills? A nifty app called Fetch lets you snap a photo of your receipt, collect points, then redeem those points for gift cards at popular stores like Target, Amazon and Home Depot! BONUS: Get 2,000 points extra when you enter referral code BUZZ before you scan your first receipt. Happy Shopping!
Homes for Sale in New Jersey
If you’re ready to make the move to buy your second home, you must partner with a seasoned real estate agent that can help you successfully sail through the multifaceted home buying process with ease. Our experienced realtor associates at Will Alfaro Properties know the in’s and out’s of the current real estate market and can make purchasing your second home a breeze. Contact us today to get started.
Post a Comment