9 Things to Do After Buying Your Dream Candlewood Lake Home
Owning a home in Candlewood Lake is an ultimate dream for many Americans. However, bear in mind that the
process of home buying does not end in signing the contract and moving in.
As a new homeowner, consider
these 10 things you could do after buying a Candlewood Lake home for sale to
ensure that you have a stress-free life in your new home:
1. Avoid solicitors. As soon as
you move into your new home, expect a visit from solicitors who will try to
sell home insurance or other things like loans. It is important for you to
recognize when your visitor is trying to sell you something. Be wise and avoid
hawkers and loan offers.
2. Hire an experienced
financial planner. Finances are very complex matters that so consider hiring a
professional financial planner to help you track and manage your finances
including your mortgage payments, insurance, and taxes. In the long run, the
few hundred dollars you spend to hire a financial planner will be worth it since
you will be having the peace of mind knowing your finances are growing and
going in the right direction.
3. Consider refinancing. Get a
refinancing while the interest rates are still low. With all the available
financing options, check if refinancing for your Candlewood Lake Danbury CT
home will be save you more in the long run. Learn about the benefits of
refinancing, how long it will take to recoup the cost of refinancing, and how
much savings you will get from it.
4. Make electronic payments.
Take advantage of technology. Pay your monthly mortgage payments, insurance,
and other bills electronically to avoid late or missed payments. Remember that
a missed payment can lower your credit score.
5. Set aside some cash. It is a
rule of thumb that everyone should have an emergency fund. You can start by
saving up for at least 3 months’ worth of your living expenses. The ideal
emergency fund should be at least six months of your living expenses to prepare
for unforeseen events such as a medical emergency or loss of employment.
6. Get life insurance. Real
estate experts recommend homeowners to buy a life insurance policy, instead of
a mortgage insurance plan. Aside from covering your income for x number of
years, a life insurance policy will also cover your assets, including your
Candlewood Lake home.
7. Keep an eye on tax
assessments. Part of owning a home is paying for property taxes based on the
current market value of your home. It is strongly advised to regularly keep an
eye at the movement of the assessment value of your home. It won’t hurt to
double-check for errors, too.
8. Keep all your documents.
Real estate professionals suggest homeowners keep every receipt, deed, title,
and other important documents safe, organized, and accessible. Having organized
documents that are ready and available for future buyers will help you sell
your home at a higher price in the future.
Your Candlewood Lake real estate agent can also help you with an option
so save all your documents online like on google documents or dropbox.
9. Stop and smell the roses.
Make your home as comfortable as possible. It should adapt to your lifestyle
and be a place of peace and refuge, not stress.
Unfortunately, there are
buyers who regret buying their home after moving in. Don’t be one of them! Follow
these tips so you can enjoy living in your Candlewood Lake home for the years
to come.
Visit
http://www.CandlewoodLakeCTRealEstate.com/ for more tips about your Candlewood
Lake home.
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