Take the dread out of housecleaning room by room. Mornings are good times to clean your house, particularly because there’s generally plenty of natural light streaming through windows, making it easier for you to see. You’ll also likely be more rested. But, don’t try to clean your house alone. As a first tip, recruit each member of your family to help with weekly housecleaning activities. For example, you could assign your son to clean the bathroom and your daughter to clean the den. More time saving housecleaning tips include:
Adjustable rate mortgages are also known as “ARM” loans. These are home loans with monthly payments that move up and down along with interest rates and the market. There’s different periods that occur throughout the time of the adjustable loan including an initial period where the rate is fixed for a certain amount of time. The rates will change along with preset intervals of change.
Interest rates during the fixed rate period of an adjustable mortgage are usually lower than that of fixed-rate mortgages. The most common type of adjustable rate mortgage is called the 5/1 ARM. This means that the rate is locked for a total of 5 years before it becomes truly adjustable. After the 5 years the rate will change every year. Other forms of ARM loans are the 3/1, the 7/1, and the 10/1.
Following the fixed-rate period, the interest rate adjusts with what’s titled the index interest rate. This rate is set by the market and is released periodically by an independent party. Since there are a variety of indexes, your loan will state which index your adjustable rate mortgage will follow. To set your exact rate, your lender will look at the index and then add a number of percentage points that has already been set in place. This is called the margin. For example, an index rate of 2.5 percent and a margin of 2 will equal an interest rate of 4.5 percent. As the index changes, this number will go up and down.
If you do decide to go with an adjustable rate mortgage, you should know that you’re protected from extreme rate increases. These loans come with caps that limit the amount that both rates and payments can change by. There are several different kinds of caps including:
This limits the amount that an interest rate can change from one year to the next.
This type of cap limits how much the interest rate can change overall throughout the life of the loan.
This limits how much the monthly payments can rise over the life of the loan in a dollar amount. This is different than other caps, since it denotes dollars instead of percentage points.
Adjustable rate mortgages can be good, depending on the state of the economy and your own financial situation. Stay educated and shop around in order to get the best rates available for you.
A new house is within reach if you find a lender who doesn't require a down payment or you to secure a mortgage. But, that's probably not the type of lender you want. A quality lender will check your credit history, background, work history and ask how much you're ready to put toward your down payment.
How you could put 20 percent or more down on a new house
It's recommended that your down payment be at least 20 percent of the total cost of your new house. Add in the fact that the average price on a house in the United States exceeds $300,000 and you're left to find a way to raise $60,000 or more.For many Americans, that's equal to an annual salary or more.
As impossible as it may seem, you can raise enough money to put down on a new house.It may call for a short term sacrifice as it regards your living arrangements. You might have to live with your parents for a year or longer.
Another sacrifice that you may have to make regards entertainment and clothes. Instead of buying live concert tickets, stream concerts live on your computer. Hand wash delicate clothes, so that you can wear the fashions until you've raised the down payment.
Get serious about saving for a down payment
Make saving a down payment for a new house a priority. More actions that you could take to save your down payment are to:
Find out how much it cost to pay rent for a studio or one bedroom apartment where you live. Put this money into your savings account. Also, give some of the money to your parents as a show of appreciation.
After you save 15 percent of the down payment, meet with lenders. Ask them what type of interest rates they are willing to give you on a new house. Stick to your savings plan until you reach at least 20 percent on the average price of a home in your area.
Take a drive down any residential road in your town or city, and you're bound to notice a neglected porch or two. Is your porch giving your home the best face it can have? Could your porch use a little spice? Here's how to get the most out of your porch, whether it is only a few feet, or a covered area spanning the length of your home. 1. - Replace things when needed. New welcome mats, address numbers, doorknobs and deadbolts can breathe new life into your porch space. All of these experience significant wear-and-tear in only a short time, and replacing them when needed shows passers-by and potential home buyers that you live in a house that is well taken care of...Even down to the last detail. 2. - Don't be afraid to paint. Often times, painted areas on a porch can be overlooked. If you are in the middle of a deck painting, then don't hesitate to touch up your porch as a part of your project. 3. - Bring a little life onto your porch. Consider buying a few weather-hardy plants that could complement the color scheme of your home. Tasteful plant window boxes installed on the windows closest to your porch can make your porch appear much bigger than it is, and is an optical effect that will definitely work in your favor. Just be sure to pick plants that don't run afoul of your home's outdoor color scheme, and you'll find that bringing a little plant life onto and around your porch is a very enjoyable investment. 4. - Lighting is not only important for looks, but for safety as well. Make sure that your porch light is always in working order, and be sure to choose quality bulbs that match the wattage of the outlet. Some homes have faulty porch wiring, and sometimes lack proper lighting. If you are in one of these homes, consider making a project out of it. Proper lighting will show off your porch at night in all the right places, and will be a welcome safety addition for your family and visitors.
It can take time to adjust to life in a big city even if close family members live in the city. People tend to walk and drive faster in a big city. Corporate executives and business managers stretch you, pushing you for more sales or support work. It's easy to get caught up in the pace of big city living.
Before you know it, months have passed and you haven't kept in touch with friend where you formerly lived as you promised that you would. You also might have started to worry that you won't be able to keep up with the speed that events occur in the town you moved to.
Tips to become more comfortable with your big city home
Be patient with yourself. A lot of people who buy a house in a large town feel out of sorts until they get adjusted to the change. You can adjust to your move and enjoy a deeper appreciation for your new home. Following are a few actions that can help you to make the adjustment.
Moving to anew home can get you closer to fulfilling your personal goals. If your new home is located in a big city, the move can create uncertainty. Knowing what to expect before you move, can remove some uncertainties and strengthen your confidence that you will spot and take advantage of rewarding opportunities as you continue to explore and settle into your new community.