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Moving | relocation | Seniors | Tips & Advice

A 3-Step Downsizing Plan

October 13, 2020 by

When it’s time to move to a smaller home, these tips will help you save the memories while minimizing clutter in your new place.
Moving into a new house is often bittersweet. You are excited for the change, but sad to leave a home so full of memories. Downsizing can be even harder — a smaller place means you don’t have room for all of your current possessions.
But downsizing is also an opportunity to refresh and start anew. If you get rid of the clutter, you can fill your new place with the things you really love, making it feel like home.
Here are three steps for downsizing without sacrificing your meaningful belongings.
1. Make a plan
Take a trip to your new place and measure the size of your rooms and storage areas. This will be your guide for how much you can take with you. It is better to underestimate than overestimate.
As you’re deciding what to keep and what to get rid of, do one room at a time. Moving is a big job, and you don’t need to tackle it all at once. Plan to do a little bit each day, and leave extra time so you aren’t rushed.
Decide on your furniture first. Going from big to small will give you a better idea how much space you have left to fill. You don’t want to have to reshuffle everything if you can’t take that bookshelf with you.
2. Sort your belongings
Will you use it? It’s easy to convince yourself you might still wear that 10-year-old shirt with the tags still on someday. But if you haven’t used it in the past year, it’s likely you never will.
Also, get rid of multiples. Do you have multiple coffee pots, or several sets of china? If you can only use one at a time, you don’t need to keep both.
As you sort, follow a strict yes/no policy —no “maybes” allowed. Make a “yes” pile and a “no” pile, and force yourself to choose. If you aren’t convinced the item deserves a yes, then it’s a no. “Maybe” piles just mean more work for you later.
Decide how to divvy up your “no” pile. You may not want or need these items anymore, but they’re probably useful to someone else. Special items may handed down to friends or family members. Furniture, housewares, clothing and other items in good condition could be sold at a garage sale or on sites like Craigslist. Or, you can choose to donate reusable items to organizations like Goodwill, who sometimes offer neighborhood or even residential pickups, making your task that much simpler. Anything damaged or worn beyond repair should make its way to the recycling bin or a trip to the dump.
3. Preserve memories
Digitize photos to save space and easily share them with family. Photo albums take up a lot of room, and how often do you actually go through them? Pick up a digital frame and enjoy all of your photos in a rotating slideshow or create a slideshow screensaver for your TV or computer.
Take photos of items that bring up good memories, but you no longer have room for. You can look back on the memories without actually keeping the items.
To make sure those treasured items are in good hands, pass them on to your children, grandchildren or close friends. They will love the gift, and you get to enjoy seeing the items being used.
Another strategy is to give keepsakes a new life. If you love to craft, items like old movie stubs, letters and photos are perfect for scrapbooking, letting you create a record of your experiences. Or make three-dimensional pieces of art using shadowboxes. Gathering up your memories in one place will make them easier than ever to enjoy.
Downsizing is an emotional process. You will discover items you haven’t seen in years, and you will have to decide what to do with them. Give yourself some time to reminisce, and then make a decision. Keep in mind your space limitations. Take with you what is truly valuable — only you can decide what you can’t do without.
Just imagine: Once you’ve finished your move, you’ll be able to enjoy your new place surrounded by the feeling of home.
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Originally published November 2015. … Read More

staycation | Summer | Tips & Advice

Prepare for the Ultimate Staycation

June 3, 2020 by

Rule #1 of the best week off at home: Plan ahead.
You don’t need to stay in a hotel and play tourist to have a proper holiday. Look no further than your own home for a staycation that dreams are made of.
Make no mistake, an at-home staycation doesn’t just mean a lazy weekend on the couch. Turn your humble abode into a resort made for relaxation with a few days of planning and prep work.
Here’s your guide to creating the ultimate staycation.
Tackle chores in advance
Make a list of chores you want to tackle a few days before your staycation begins. At the very least, cover the basics like washing linens, dusting and vacuuming.
For an added level of sparkle, schedule time to clean your windows. That way when you’re gazing out at your backyard garden or pool (aka your staycation resort spa), your windows will be as spic-and-span as those at a five-star bed and breakfast.
Better yet, for a totally chore-free staycation, consider setting aside extra cash for a housecleaning service to do the work for you beforehand.
Maximize your comfort
Maybe your home is already perfectly comfy and cozy. But for maximum staycation relaxation, why not add a few extra elements to make your home feel like a luxury resort?

Adjust your lighting. Look for soft ambient lighting options to create a calming environment. New lamps for bedroom and living areas and candles for the master bath can completely change the mood of a space.
Add new rugs. Soft, plush area rugs boost the comfort level of a room and make a cozy reading spot if you add a few floor pillows.
Upgrade your bedding. Not only will it feel like you’re truly on a vacation, but new sheets are an added perk after your leisure time comes to a close.

Create designated spaces
Think about what kind of environment will help you reach peak relaxation. You can do a quick makeover of your bathroom to create a calming home spa or carve out a quiet corner for a meditation or reading nook.
If a spa setting is more your style, look at bath pillows, aromatherapy candles and bath oils. Or if you simply crave a reading corner, pick up some new reads that have been sitting on your wish list for too long.
If you have kids, create a designated craft or board game corner, or come up with a few activities they can enjoy while you relax.
Look outside for added comfort ideas too. Whether it’s a hammock, a porch swing or patio furniture, look for ways to blend your staycation lounging with the great outdoors.
On that note, consider setting up your camping gear in the backyard for part of your staycation, or try out a DIY fire pit for late-night chats and s’mores.
Manage meals ahead of time
Don’t waste precious relaxation time planning menus. Pick your favorite family recipes, plan which meals you’ll have delivered and knock out grocery shopping before your staycation begins.
If you enjoy cooking, consider using some of your time off to make more intricate meals than you typically have time for — or bring in a local chef for a cooking lesson.
Plan ahead to make it count
With a few preparatory tasks on your to-do list, you can turn your house into a staycation sanctuary. Map out what you want your down time to look like, and delegate tasks. Soon you’ll be ready for a few days of ultimate relaxation — without ever leaving your home.
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Originally published July 2016.… Read More

home buying | Mortgages | Personal Finance | Tips & Advice

5 New Year's Resolutions That Can Help You Buy a Home

December 20, 2019 by

New year, new home? Whip your financial resume into shape to improve your home-buying odds.
Thinking of buying a home this year? We compiled five New Year’s resolutions that can help you keep your financial resume in tiptop shape.
1. Avoid job hopping
Employment history and income are two of the biggest factors lenders look at when evaluating a mortgage application. A new job may be a good career move, but if you plan to buy a home in the new year, know that job hopping can be a red flag to some underwriters — especially if you’re moving to a different industry.
A steady job history and few or no gaps in employment over the past two years are ideal, as it helps lenders more easily forecast your future income.
If you do get a new job while home shopping, let your lender know as soon as possible. It doesn’t mean you won’t qualify for a mortgage — just be prepared to show extra documentation.
If you’re moving from a commissioned or hourly job to one that’s salaried with equal or more compensation, it may help your application. Lenders often prefer borrowers to have steady, predictable paychecks.
2. Limit monthly subscription services
Monthly subscription services are certainly convenient, but they can add up. Even if you pay off your credit card every month, you could be dinged for high credit utilization if your credit report is pulled midcycle.
If you’re thinking of buying a home this year, consider keeping your monthly subscription services to a minimum.
3. Build a solid credit history
One of the first things a lender will look at is your credit history. Lenders prefer borrowers who have a history of paying off credits cards and other debts on time — because it signals that you’re a responsible borrower and less of a risk.
If you don’t have credit, securing a home loan may be significantly more challenging and time-consuming, but not impossible. Records of paying rent and utilities on time, as well as student loan debt or cell phone bills, can help show a potential lender that you have a history of managing monthly payments.
4. Check your credit
Your credit score can have a significant impact on your ability to buy a home. A low credit score can negatively affect how much money a lender is willing to loan you, as well as your interest rate.
Just a few percentage point differences in an interest rate can cost you thousands over the life of a loan. Monitor your credit closely, especially for fraudulent activity, to prevent any surprises that could delay the loan application process.
If you’re unsure of your credit score, many financial websites offer credit score monitoring, or you can get a full credit report once a year.
5. Avoid large purchases
Avoid taking on large amounts of debt — whether it’s buying a car or planning a large vacation — before buying a house. This is advisable even if you’re already preapproved.
Your debt-to-income ratio, or how much money you make compared to how much debt you have, can significantly affect how much money a lender is willing to give you. Keeping debts to a minimum can help make the home-buying process go a lot more smoothly.
Just like proofreading your resume before you apply for a job, cleaning up your financial resume can help improve your chances of buying a home.
Take advantage of online tools and resources, like our affordability calculator, which can help you determine how much home you can afford. Our mortgage calculator can also provide custom down payment estimates based on home price and interest rates. And as you search for your future home, check out our extensive lender and agent reviews, which can help you find the best real estate partners for your needs.
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Originally published January 2018… Read More