Nancy Whitehouse-Bain - RE/MAX Property Promotions



Posted by Nancy Whitehouse-Bain on 12/11/2017

Are you beginning your house hunt as a first-time homebuyer or looking to buy a larger home that fits the needs of your family? No matter your situation, purchasing a home is a large investment and one that should be approached with caution and the use of your head, not your heart. There are multiple types of homes that one can purchase: condo, duplex, multi-family, single-family, etc. And one of those types will be the right fit for you. Let’s take a look at the pros of purchasing and owning a single-family home. Space: Single-family homes provide more space­—more outdoor space, more indoor space, and more parking space. Of course, there are exceptions, but generally this is the case for single-family homes. Take advantage of this luxury of more space by entertaining and fully utilizing it all. Since apartments and condos are usually in complexes, personal space can be minimal, where shared space is generally larger. Decks and backyards (if any at all) are small so that each renter or homeowner has their own space. This also goes for the inside; square footage will be less in the types of properties listed above, especially if they are located in a city. Privacy: Privacy is extremely important to many, and for good reason. With a single-family home you will have much more privacy than when owning other types of homes. Condos and duplexes share walls with other owners’ properties, which means your neighbors are always close by. You may hear them through the walls or be enjoying your separate deck spaces just feet apart. It may not sound like it’s all that terrible, but you never know who your neighbor will be; they could throw parties every night, vacuum at 4 am, or even have triplets that never stop crying. No restrictions: Unless you are purchasing a historical home, there are likely no property restrictions. A single-family home gives you the opportunity to completely turn it into your own and do just about whatever you want on your land (check with your town before renovating/building additions). Condos can have multiple restrictions that include parking, outdoor work, and BBQs. If the pros above sound like what you are interested in, then a single-family home may be the option for you. But be sure to research the market you are looking in to make sure that you can afford this type of home. If you are looking in a very desirable location with a smaller budget then this option may not work for you at this time. But fear not, continue saving and in the future you will be able to purchase that single-family home you’ve been dreaming of.





Posted by Nancy Whitehouse-Bain on 12/4/2017

The age-old problem of trying to stretch your household budget is a challenge nearly everyone grapples with at one time or another. If you're confounded by the fact that your paycheck(s) seem to disappear within days of depositing them, it may be time to examine your spending habits.

Creating a written budget is often an eye-opening experience, especially if you haven't taken the time to do that recently -- or ever! Itemizing all your monthly and periodic expenses can not only help you realize where the money's going, but it can also give you a greater feeling of control over your life. As an added bonus, reviewing your household budget a couple times a year will also increase your awareness of your debts, your income, and your spending habits. Once you know how tight your budget is and whether you need to reduce expenses or increase income, you'll be in a stronger position to effectively manage your family's finances.

  • Creating a budget: Whether you prefer to use spreadsheets, software, or just a simple income-versus-expenses chart, setting up a budget will help put you in the driver's seat of your cash flow situation. While there are many distinctions between running a business and managing a household, there are probably more similarities than differences!
  • Identifying "money leaks": If your family's budget seems tighter than you'd like it to be, one possible reason is that you're spending more than you need to on some expenses. The perfect examples are homeowners' and automobile insurance. You've probably seen and heard countless ads for well-known insurance companies that say they can save you hundreds of dollars a year on your insurance policies. If you've been dismissing those claims as mere hype, consider the possibility that you may actually be paying more on your insurance premiums than necessary. It may be worth your while to have your insurance agent review your policy with you to make sure you're getting all the coverage you need and the discounts to which your entitled. The best way to remove any doubt is to get two or three quotes from other reputable insurance companies. You can often do this through email or online, so you shouldn't have to go to time-consuming office appointments just to get a few insurance quotes. To compare "apples to apples," make sure to use identical coverage amounts and deductibles for each estimate your seeking; hopefully the agents you deal with will remind you of that. It's also possible to save hundreds more dollars a year by contacting your cable TV company, Internet service provider, and cell phone service (It might be one company) to discuss ways your bill can be lowered. The first step would be to examine your latest invoice and determine whether you're paying for services you don't use or need. If you see charges that are excessive or confusing, don't hesitant to get on the phone and have those issues clarified. If inconsistent utility bills are a problem, then switching over to a monthly budget plan will make your expenses more predictable and manageable.
While there are many strategies for reducing your expenses and regaining control of your household budget, information and a healthy sense of skepticism can often be your most valuable resources.





Posted by Nancy Whitehouse-Bain on 11/29/2017

Buy this doll house for Christmas! Quick close possible.. Looking for One Level Living? Why Rent when you could own - This adorable home is cute and cozy, with an open concept floor plan, kitchen, dining area and living room, walk down the hall to your two bedrooms and one full bath. The washer & Dryer is conveniently located on the first floor. The back yard offers a deck and several sheds. New Roof! Enjoy Low maintenance with a smaller yard located in a wonderful area of homes. Call today for your private showing.

More Info on this Property | New Listing Alerts




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Posted by Nancy Whitehouse-Bain on 11/28/2017

Great, Spacious 2 bedroom apartment, features hardwood flooring, new kitchen appliances, back deck and more. Washer & Dryer hook up. Nice sized yard. Call today for your private viewing.

More Info on this Property | New Listing Alerts





Posted by Nancy Whitehouse-Bain on 11/27/2017

For those who want to acquire a house, it helps to get your finances in order. That way, you can quickly and effortlessly navigate the homebuying journey without having to worry about how you'll afford your dream house.

There are many quick, easy ways to straighten out your finances before you embark on the homebuying journey, such as:

1. Assess Your Credit Score

Your credit score ultimately can play a major role in your ability to secure a great mortgage. If you understand your credit score, you may be able to find ways to improve it prior to conducting a home search.

It is important to remember that you are entitled to a free copy of your credit report annually from each of the credit reporting agencies (Equifax, Experian and TransUnion). Request a free copy of your credit report today, and you can take the first step to evaluate your credit score.

If you find that your credit score is low, there is no need to worry. You can always pay off outstanding debt to improve your credit score over time.

Also, if you identify any errors on your credit report, you'll want to address these mistakes immediately. In this scenario, you should contact the agency that provided the report to ensure any necessary corrections can be made.

2. Look Closely at Your Monthly Expenses

When it comes to buying a house, it generally helps to have sufficient funds for a down payment. The down payment on a house may fall between 5 and 20 percent of a home's sale price, so you'll want to have enough money available to cover this total for your dream residence.

If you evaluate your monthly expenses, you may be able to find ways to save money for a down payment on a house.

For example, it may be beneficial to cut out cable TV for the time being and use the money that you save toward a home down payment. Or, if your dine out frequently, cooking at home may prove to be a substantial money-saver that could help you speed up the process of saving for a down payment.

3. Get Pre-Approved for a Mortgage

With pre-approval for a mortgage, you can enter the housing market with a budget in hand. Then, you'll be better equipped than ever before to narrow your search to houses that fall within your price range.

To get pre-approved for a mortgage, you'll want to meet with banks and credit unions. These financial institutions can teach you about different mortgage options and help you assess all of the options at your disposal.

Furthermore, don't hesitate to ask banks and credit unions about how different types of mortgages work. This will enable you to gain the insights that you need to make an informed decision about a mortgage based on your financial situation.

If you need extra help as you prepare to pursue a house, you may want to hire a real estate agent as well. In fact, a real estate agent can help you find a high-quality house at a budget-friendly price in no time at all.




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