Blogging About Loans: January 2010

One of the number 1 New Year Resolutions, next to losing weight, is getting fit.  Walking is great way to do this. Lisa VonBargen, my friend in Estes Park, has a great post today about a wonderful place to take a walk in Colorado.

Yesterday, one of my friends sent me an email about the Importance of Walking, filled with excellent information about the subject.  I thought I'd pass along my favorites to you from the email:

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Mary Douglas, your Mountain Broker-Associate and REALTOR®

United Country  Ponderosa Realty, Red Feather Lakes, CO

www.redfeatherlakes.com ---800-531-2195

"A Day in the Mountains will always soothe your city soul"

The information contained in Mary's blog is deemed reliable but is not guaranteed, and the opinions and        views expressed in these articles are solely those of the author.

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avoid foreclosure: call the Colorado Foreclosure Hotline 1-877-601-HOPE

HOTLINE WEBSITE: ColoradoForeclosureHotline.org

Dear Readers, who are not members of Active Rain.  I love to hear from you.  If this post does not accept outside comments, it is only to avoid unwanted spam - and you are 'so not spam'!  Please feel free to email me any time. 

I appreciate hearing from you!

First Time Home Buyers - There Is More To Pay Besides Your Mortgage!

It's always a good idea to have at least 1% of the purchase price saved for surprise expenses. Believe me, there will be surprises! It would be better to have upwards of 3% saved but most buyers are lucky to have $1.00 and a cup of coffee left over after closing costs.

One thing that will help is if you received the $8,000.00 tax credit check, put it right into your savings account and pretend it's not there. Refer back to your home inspection report and that will tell you what you may need for the first few years and beyond when it comes to future repairs. Be prepared for those expenses now and it will save you headaches down road.

Make a budget for repairs. Do not count on borrowing money for repairs. Banks have really tightened up when it comes to Home Equity Lines of Credit.

Do not ignore those "little" repairs. Like a loose or broken kitchen or bathroom tile. When water gets in those crevices, you can end up with water extensive water damage down the road. It's better to spend $150.00 now than spending a few thousand later.

Buying a home is one of the largest investments you are going to make. When you plan things out carefully, it can be a great asset. With no or very little planning, your home will end up being a huge burden on your shoulders.

Have a Happy and Safe New Year!

Jackie Connelly-Fornuff
Coldwell Banker Residential
Babylon, NY 11702
Direct: (631) 274-1937
Cell: (631) 703-0201
Email: Jackie.Connelly-Fornuff@cbmoves.com
Website: www.longislandrealestatelady.com
Blog: http://jackieconnellyfornuff.com

 

 

 

 

 

 

          

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