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HOW TO REDUCE STRESS BEFORE, DURING, AND AFTER MOVING

(Published on - 1/29/2024 6:49:45 PM)

 

A family sitting near unpacked boxes in their home.

Moving into a new house is exciting – and, like most major life events, incredibly stressful. You have to pack, clean, and hire movers, all on a timeline and budget.

According to a survey conducted by OnePoll, 64% of respondents consider their latest relocation one of the most challenging experiences they have ever had.

Moving comes with many different parts: planning, budgeting, and figuring out how to get your precious belongings into your new home. While procrastinating may be tempting, you can take a few simple steps to make your move less stressful.

What to do before you move

A woman creating a checklist to make moving less stressful.

Whether you are moving in a few months or a few weeks, take some time to outline a plan for packing up your home. Making a checklist, blocking out time on your calendar to pack, and taking small steps weeks or months ahead of your move will make the moving day much easier.

Start decluttering and packing early

Moving into a new home gives you a chance for a fresh start. As you pack your space, make piles of items to donate and throw away. If you plan on buying new furniture, now is a great time to donate old bookcases or hand-me-down tables.

Decluttering can involve sorting items to trash or donate which can make moving less stressful.

Start by decluttering items you will not need to use until after your move. For example, go through your winter wardrobe if you are moving in the summer. Donate things you do not use and throw out anything damaged. You do not want to get stuck unpacking junk in your new dream house, so now is the time to get rid of it.

Decluttering your home is especially beneficial if you are selling your current property and buying a new one simultaneously. If there is room in your house, store the moving boxes until it is time to go. If there is room in your budget, consider renting a storage unit. The more items you can get rid of or put in storage before you move, the more spacious your home will look to potential buyers.

As you pack, remember that labels are your friend. Write down the contents of the box and which room the box needs to be unpacked in once you reach your new home. Keep similar items together and ensure the boxes are fairly easy to lift. Packing a large box of books might seem like an easy way to stay organized, but that will not matter if you cannot lift the box.

Starting with items you do not use daily, you will have most of your belongings packed ahead of your move. A week or two before moving day, start packing more everyday items. Disposable plates and takeout menus will come in handy once all your plates are packed away.

Set aside an overnight bag or suitcase for your first night in your new home. Keep your toothbrush, some toiletries, medications, and a change of clothes in the bag to have everything you need for moving day.

Ask for help

When you made your checklist, you probably included “hire movers.” Not everyone has the budget to hire professional movers; if that is the case, you may need to contact friends and family for help.

Only some people can help move, but help comes in many different ways. If you are moving with kids, ask your parents to watch your little ones for the afternoon so you can get a large chunk of packing done. If one of your friends enjoys cleaning, painting, or dusting, ask if they can come over and help with that. Sometimes, even having someone to talk to while you pack helps the process go faster.

If you have a friend with a truck or van, they may be willing to help move you for the low price of snacks and a pizza dinner. If you have friends or family helping you move, make sure to have refreshments ready. Coffee and donuts make the morning move sweeter. Renting a U-Haul can help get the job done quicker and in fewer trips, which everyone will appreciate.

Professional movers will get the job done quickly. They can also safely move larger and more expensive items, and many moving companies offer a guarantee, so you do not have to worry about something important getting broken or lost.

If you are on a budget, consider hiring a smaller moving crew to transport large items, like dressers, bedroom sets, or anything delicate that you are not comfortable dealing with yourself. Then borrow a friend’s truck or invite a few family members to help move your other things. This option gives you the best of both worlds: professional movers will take care of the tough parts of the move, and you will save money by moving the rest of your things yourself.

What to do during your move

If you have prepared enough ahead of time, it will be easy to outline a plan for your movers. Remember to take deep breaths, stretch, and stay hydrated. Getting swept up in all the activity can be easy, so do not forget to take care of yourself.

Taking care of yourself may involve hiring a babysitter for your small children on moving day. Consider sending pets to a daycare or boarding service so they are safe and out of the way. This way, you do not have to juggle caring for your kids, pets, and the moving crew all at once. You can reunite with your kids or pets safely in your new home.

Move at the right time

Sometimes life happens and you must move quickly for a new job opportunity, school, or other life change. If you have more flexibility, try to move during the off-season.

The real estate market is busiest in the summer and moving companies may have limited availability over the holidays. Try to move in the early spring or fall. March, April, October, and November tend to be slower months for real estate. You will also have more moving companies to choose from since they will have more availability during the off-season.

If you have to move during the busy season, there are a few factors to consider. Most people move on the weekend; if you rely on family and friends to help you move, that may be the most convenient option for everyone. People will not have to worry about taking time off from work, and you can get a lot done over two days.

If you plan on hiring a professional moving service, try to schedule your move on Tuesday or Wednesday. You will be more likely to get a reservation and may even pay a lower rate.

Prepare yourself for your first night in your new home

It is finally here – you are in your new home. With your overnight bag at your side, you are ready to start your new life.

A couple celebrating their new home.

You can set yourself up for success on the first night. Try to get over to the property before move-in day. Hire a cleaning service or give the place a deep clean before bringing all your stuff over. Ensure to label spots for movers to place furniture and have linens, bedclothes, and toiletries ready to unpack. Install window treatments for privacy in the bedrooms. Have a few snacks, bottled water, and pet food on hand.

What to do after you move

Before you start worrying about unpacking, take a breath. The movers are gone, you have the keys to your new house, and you are officially off to a fresh start. You have spent months planning and preparing for this moment. Take a beat and enjoy the accomplishment of a successful move.

Give yourself time to get settled in

The deadline is past, and the pressure is off. You can now take time unpacking, decorating, and setting up your new home. After such a flurry of activity, getting everything out of the boxes and putting it in its place can be tempting.

It is okay to take some time to figure out exactly what you want. Maybe you have a bigger kitchen now and must reconsider how to set everything up for the right flow. Maybe you want to explore the neighborhood instead of getting all your tools in the garage. Maybe you unpacked the last box in the house, but you still have that storage unit lurking in your mind.

If you have the budget, consider keeping some items in the storage unit. If you move in March and the storage unit mostly has Christmas decorations, snow blowers, or other winter things, you can wait and get it out later. You may even wind up decluttering a few more things in the meantime.

Safety first

Moving to a new place can be scary. Even if you have lived independently, being responsible for a property can be intimidating. Take care of common-sense security things, like changing the locks. Installing motion sensor lights is often enough to deter potential criminals. A home security system offers peace of mind at home or on vacation.

Conclusion

A family excited to move into their new home.

Moving homes can be difficult, but you can do a few things to alleviate moving stress. Planning, making a checklist, decluttering, and staying organized can make packing and moving easier. Contact your friends and family for help and hire professional movers if possible. There may still be stressful moments throughout the process but take a deep breath and prepare to start a new chapter in your new home.

 

 


Homeownership Is Still at the Heart of the American Dream

(Published on - 1/19/2024 3:40:39 AM)

Homeownership Is Still at the Heart of the American Dream




Buying a home is a powerful decision, and it remains at the heart of the American Dream. Unlike renting, owning a home means more than just having a place to live – it offers a sense of belonging, stability, and freedom. According to Nicole Bachaud, Senior Economist at Zillow:

The American Dream is still owning a home. There’s a lot of pent-up demand for ownership; that isn’t going to go away.”

Let’s explore just a few of the reasons why so many Americans continue to value homeownership. 

The Financial Benefits of Owning a Home

One possible reason homeownership is viewed so highly is because owning a home is a significant wealth-building tool. That may be why Jessica Lautz, Deputy Chief and VP of Research at the National Association of Realtors (NAR), says:

“Homeownership is the number one way to build wealth in America.”

Over time, owning a home not only helps boost your own net worth, but it also sets future generations up for success as you pass that wealth down. Habitat for Humanity explains:

“Overall, homeownership promotes wealth building by acting as a forced savings mechanism and through home value appreciation. Homeowners make monthly payments that increase their equity in their homes by paying down the principal balance of their mortgage. . . . In addition, owning a home promotes intergenerational homeownership and wealth building. Children of homeowners transition to homeownership earlier — lengthening the period over which they can accumulate wealth . . .”

It can also provide meaningful financial stability compared to renting. When you buy with a fixed-rate mortgage, you can lock in your monthly housing payments for the length of your home loan.

The Non-Financial Benefits of Homeownership

But, owning a home offers more than just financial benefits—it benefits you socially and emotionally too. Your home provides feelings of achievement, responsibility, and more. In a recent survey, Fannie Mae outlines just a few of these more emotionally-driven benefits, including:

“The top three were having control over what you do with your living space (94%) to having a sense of privacy and security (91%) and having a good place for your family or to raise your children (90%) . . .”

What Does That Mean for You?

If your idea of the American Dream involves greater freedom, security, and prosperity, homeownership could be a key player in bringing that dream to life. And with mortgage rates now on a downward trend, it might be a good time for you to consider making a move.

If you’re ready and able to buy, know that there are incredible benefits waiting at the end of your journey. You'll gain more than just a home – it's a place to grow your wealth and call your very own. Like Ksenia Potapov, Economist at First American says:

“...homeownership remains an important driver of wealth accumulation and the largest source of total wealth among most households.”

Bottom Line

Buying a home is a powerful decision and the cornerstone of the American Dream. If finding a place to call your own is part of your dream for this year, let’s connect to start the process today.

 

The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Keeping Current Matters, Inc. does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your own research and due diligence and obtain professional advice before making any investment decision. Keeping Current Matters, Inc. will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.

Getting Ready to Start Your Home Search: A Comprehensive Guide

(Published on - 1/11/2024 11:14:05 PM)

Embarking on the journey to find your dream home is an exciting and significant life event. Whether you're a first-time homebuyer or looking to upgrade to a new space, preparing for your home search is crucial for a smooth and successful process. In this blog post, we'll provide you with a comprehensive guide on what to do to prepare for starting your home search.

1. Determine Your Budget:

Before you start browsing listings or attending open houses, it's essential to connect establish your budget. Knowing how much you can comfortably afford will save you time and prevent disappointment down the road. Consider factors such as your income, existing debt, and potential down payment to set a realistic budget.

2. Save for a Down Payment:

Saving for a down payment is one of the most critical aspects of preparing to buy a home. The amount you need will depend on your loan type and the price of the home. Start saving early and explore down payment assistance programs if you're eligible.

3. Get Pre-Approved for a Mortgage:

Getting pre-approved for a mortgage is a smart move before you begin your home search. It not only shows sellers that you're a serious buyer but also helps you understand your financing options and how much you can borrow. 

4. Create a Wish List:

What features are essential in your new home? Create a wish list that outlines your must-haves, nice-to-haves, and deal-breakers. Consider factors like location, number of bedrooms and bathrooms, and specific amenities. Having a clear vision of what you're looking for will streamline your search.

5. Research Neighborhoods:

Researching potential neighborhoods is a vital part of your home search. Consider factors such as safety, schools, proximity to work, and local amenities. 

6. Attend Open Houses and Viewings:

Start attending open houses and viewings in your chosen neighborhoods. This will give you a better sense of what's available in your budget and what you truly want in a home. Have your Realtor® join you at open houses, take notes and ask questions during these visits.

7. Be Flexible:

While having a wish list is essential, it's also crucial to remain flexible. The perfect home may not exist, but with an open mind, you might find one that ticks most of your boxes. Don't be afraid to compromise on less important features.

8. Stay Informed:

The real estate market is continually evolving. Keep in touch with your REALTOR®, Stay informed about market trends, interest rates, and any changes in regulations that may impact your home search. This knowledge will help you make informed decisions throughout the process.

 

Preparing for your home search is a proactive and strategic approach to finding your ideal home. By following these steps and taking the time to get your finances in order, research neighborhoods, and establish your priorities, you'll be well-prepared to navigate the real estate market with confidence. Remember that patience and persistence are key in the journey to homeownership, and with the right preparation, you'll be on your way to finding your dream home.

 

It's About YOU...How can we help?

Becky & Tina


Why Pre-Approval Is Your Homebuying Game Changer

(Published on - 1/8/2024 7:55:51 PM)

Why Pre-Approval Is Your Homebuying Game Changer




If you’re thinking about buying a home, pre-approval is a crucial part of the process you definitely don’t want to skip. So, before you start picturing yourself in your new living room or dining on your future all-season patio, be sure you’re working with a trusted lender to prioritize this essential step. Here’s why.

While home price growth is moderating and mortgage rates have been coming down in recent weeks, affordability is still tight.  At the same time, there’s a limited number of homes for sale right now, and that means ongoing competition among hopeful buyers. But, if you’re strategic, there are ways to navigate these waters – and pre-approval is the game changer.

What Pre-Approval Does for You

To understand why it’s such an important step, you need to know more about pre-approval. As part of the homebuying process, a lender looks at your finances to determine what they’re willing to loan you. From there, your lender will give you a pre-approval letter to help you understand how much money you can borrow. Freddie Mac explains it like this:

A pre-approval is an indication from your lender that they are willing to lend you a certain amount of money to buy your future home. . . . Keep in mind that the loan amount in the pre-approval letter is the lender’s maximum offer. Ultimately, you should only borrow an amount you are comfortable repaying.”

Getting pre-approved starts to put you in the mindset of seeing the bigger financial picture, one step at a time. And the key is actually more than just getting a pre-approval letter from your lender. The combination of pre-approval and strategic budgeting is your golden ticket to understanding what you can actually afford. It saves you from painful heartaches down the road so you don’t fall in love with a house that might be out of reach.

Pre-Approval Helps Show Sellers You’re a Serious Buyer

But that's just the beginning. Let’s face it, there are more people looking to buy than there are homes available for sale, and that creates competition among homebuyers. That means you could see yourself in a multiple-offer scenario when you get ready to make your move. But getting pre-approved for a mortgage can help you stand out from other buyers.

In today's fast-moving housing market, having that pre-approval in your back pocket can be your secret weapon. When sellers see you're pre-approved, it tells them you're a strategic and serious buyer. In a world of multiple offers, that's a big deal. As an article from the Wall Street Journal (WSJ) says:

If you plan to use a mortgage for your home purchase, preapproval should be among the first steps in your search process. Not only can getting preapproved help you zero in on the right price range, but it can give you a leg up on other buyers, too.”

Pre-approval shows sellers you’re more than just a window shopper. You’re a buyer who’s already undergone a credit and financial check, making it more likely that the sale will move forward without unexpected delays or issues. Sellers love that because they see your offer as a reliable one. A win-win, right?

Bottom Line

So, before you start mentally arranging furniture in your dream home, work with a trusted lender to get your pre-approval set. It’ll save you time, stress, and a lot of headaches that could come up along the way without it. The reality is, the more prepared you are, the more likely you are to land the home you’re longing for.

 

It's About YOU...how can we help?

 


3 Keys To Hitting Your Homeownership Goals in 2024

(Published on - 1/4/2024 9:20:59 PM)

3 Keys To Hitting Your Homeownership Goals in 2024




If buying or selling a home is your goal for 2024, it’s important to understand today’s housing market, know your why, and work with industry experts to bring your homeownership vision for the new year into focus.

Over the last year, the economy had a big impact on the housing market, and likely on your wallet too. That’s why it’s critical to have a clear picture of not just the market today, but also on what you want out of it when you buy or sell a home. Danielle Hale, Chief Economist at Realtor.comexplains:

The key to making a good decision in this challenging housing market is to be laser focused on what you need now and in the years ahead, so that you can stay in your home long enough that buying is a sound financial decision.

Here are a few things to think through as you define your goals for 2024.

1. Know Your Why

You’re dreaming about making a move for a reason – what is it? No matter what’s happening in the market, there are still many compelling reasons to buy a home today. Your needs may have changed in a way your current house can’t address, or you could be ready to step into homeownership for the first time. Use your why and your motivation as a guidepost in partnership with an expert advisor to make sure your move gives you a lasting sense of accomplishment.

 

2. Figure Out What Your Next Home Needs To Look Like

You know you want to move, but how would you describe your dream home? The number of homes for sale has grown recently, and that could mean more options to choose from when you buy. But overall housing supply is still lower than more normal years in the market, so you’ll have to work closely with a pro to find what you’re looking for. Just be sure to keep your budget in mind as you balance your wants and needs. The better you understand what’s essential and where you can be flexible, the easier it will be to find a home that’s right for you.

 

3. Determine if You’re Ready To Buy

Getting clear on your budget and available savings is essential before you get too far into the process. Partnering with a local agent and a lender early is the best way to make sure you’re in a good position to buy. This could include planning how much to save for a down payment, getting pre-approved for a home loan, and assessing your current home equity if you’re selling your existing house.

 

YOUR TEAM Will Guide You Through Every Step of the Process

Buying or selling a home takes expertise to navigate. If that feels a bit overwhelming, that’s normal. Don’t let uncertainty hold you back from your goals this year. We will help you bridge that gap and give you the facts and advice you need about today’s housing market.

Bottom Line

Let’s connect to plan how to make your homeownership dreams a reality in 2024.


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