Linda Lohnes | Manchester Real Estate, East Hartford Real Estate, Middletown Real Estate


The factor that has the most impact on your home search is your finances. You’ll need to save a significant amount of money. It’s not easy to save when you have continuous monthly bills and responsibilities. Read on for tips on how to get your finances under control in order to save the amount of money it takes to buy a home.  


Do A Budget  



Once you have decided to buy a home, the first thing you should do is take a good look at your finances. A budget is critical when you buy a house because it tells you how much you’ll have to spend on your mortgage. Doing this ahead of time will allow you to maximize your income and make adjustments ahead of time as needed. Don’t forget that even though you’re buying a home, you still need some savings in addition to all of your other monthly expenses. Your budget should be outlined as follows:


  • Necessities
  • Monthly utility spending 
  • Insurance bills
  • Entertainment expenses
  • Grocery spending


Basically, you want to write down how much money is coming in and where all of the money is going. That’s a budget in a nutshell. See where you can cut back. What you’re left with is the amount you can save each month. You may want to do this on a percentage basis rather than a flat dollar amount. 


Get A Separate Account


The most straightforward things to do when you start saving for a home is to put all of your money for your house fund into a separate account. This way you can automatically transfer money in, and you’ll be less likely to spend any of the money if you don’t see it.


Sacrifice The Small Things


Can you take some hand me downs for your kids? Maybe you can start packing a lunch for work instead of buying lunch. Can you cut the cord on cable? It may be hard to sacrifice small luxuries, but these expenses can add up. If you cut these out of your budget, you’ll have a little more wiggle room to save for a home purchase. You’ll be surprised how much money you can save just by doing little things. Your morning latte is probably around $5. You could save at least $25 per week by merely making coffee at home! That’s a saving of over 1,200 per year!   


While saving for a home can seem overwhelming, if you take it in small chunks, you’ll be see the results of your efforts rather quickly. 



No matter how sturdy a home is, sooner or later maintenance will be required. When this happens, you will have the choice to do some of this maintenance work yourself, or you could opt to utilize a home repair service to do it for you. This largely depends on how much experience you have in repairing things in your home. For example, hanging a picture on the wall does not take too much knowledge and expertise, as all you would need is a good drill and a little bit of know-how. On the other hand, if you need some major plumbing repairs, then you are better off finding a reputable plumber to do the job for you. When it comes to painting, it really does depend on whether you have some experience and know-how, and how much you enjoy doing it. For some people, painting can be extremely therapeutic. They will gladly paint every room in their home without any fuss. For others, painting a wall can seem like an extremely messy job, and in most cases, it will be a job badly done. In a situation like this, you are better off using a professional painter. One of the best ways to find a good quality home repair service is by going on the internet, as this allows you to quickly find a specialized repair service within your area with just a few clicks of your mouse. In addition, you are also able to do a little research on the repair service beforehand. If you would like a local referral I keep a list of professionals. Please call or email me for more information.

Who doesn't love a bargain? You can negotiate a deal for just about anything. Here is how to try your hand at bargain hunting at flea markets, yard sales, junk stores, antique malls, and thrift stores. Some helpful tips on how to haggle: Dress the part. If you are looking for a deal don't flaunt your designer handbag and shoes. You want the seller to believe you when you say you’re only willing or able to pay less. Be friendly. A smile and kind hello can go a long way when asking for a discount. Ask for the discount. You can't get what you don't ask for. Make a fair offer. If you offer too little you can insult the seller and they will be less willing to offer you a deal. Start your offer at a little more than half the asking price and expect to meet somewhere in the middle. Inspect the merchandise. If the item has a flaw nicely point it out to the seller. Make a group offer. Gather a group of items and offer one price for all of them together. This benefits the seller and they are typically more willing to make a deal. Pay in cash. Always buy in cash, sellers love cash (who doesn't). You may even want to take the money out of your wallet to show the seller you are serious.  

Choosing between satelllite television or a local provider in today's world is a lot more complicated than it was a decade ago. Cable TV has made a concentrated effort in the last decade to offer the channel variety of a satellite television service, while satellite television has tried to offer the same kind of bundle deals to their customers that make cable subscriptions so appealing to people who like the idea of an all-inclusive bill for their at-home entertainment. While both services can be very rewarding in terms of quality of service and variety, your family's entertainment needs will have to be ultimately considered if you want to make the best decision possible. In this guide, I will attempt to highlight the best features of each service, how they stack up to each other in terms of quality, and illuminate the potential drawbacks for each. Cable TV Cable television offers you an easy opportunity to condense all of your digital services into one package (Phone, tv, and internet.) While some satellite television companies offer similar packages, they usually have to hire a third-party company in order to be able to do so. And with cable television moving into the digital realm a little more every year, they are now finally providing picture quality that you could only previously get with satellite television. Additionally, you never have to worry about bad weather affecting your reception like you would if you were to chose a dish network. Also, many cable companies now offer DVR as part of their digital packages, which allows you to pause, record, and rewind any program you'd like, a service only previously available to satellite customers. If your family's home entertainment needs center around fast, high-quality internet service, and your television requirements can be satisfied without needing hundreds of channels, a cable television package will definitely suit your needs. Satellite TV While it may sound like Cable TV is the more appealing option at this point, you must consider a few things; namely, Satellite TV absolutely trumps cable in terms of the sheer variety of programs and content. Dish TV boasts a roster of 250+ channels, and the number is always growing. That includes over 80 PPV channels, whereas cable can only manage about 40. In addition, satellite television offers you a slew of international programming that a cable service simply cannot compete with. Dish TV also consistently outperforms Cable in terms of customer service ratings. But while Dish TV currently has the edge in terms of variety, your access to local programming is pretty limited. And, as mentioned previously, reception can be an issue during inclement weather. Your property will also need to have an unobstructed view of the sky in order to receive optimal reception, which can be a problem for some homeowners. As far as pricing is concerned, your television needs may be the determining factor. If having television in every room is a must for you, then opting for a cable package may suit your needs better. Satellite companies tend to offer per room fees, which can be expensive in the event that you would like the service to extend beyond one or two televisions. There is also the equipment cost to consider. While opting for a satellite package may cost you more money up front, your monthy bill will more often than not be lower than a cable package, as maintainance costs tend to be lower. For additional information on cable television, please visit www.comcast.com or www.verizon.com/fios For additional information on satellite television, please visit www.directstartv.com or www.dish.com    

The warmer weather is here. If you don't have air conditioning or just want to save money by not turning it on as often there are lots of ways to keep cool. So before you turn on the air or get overheated here are some tips on how to cool down your home as well as some tips for cooling yourself.   1. Keep the blinds shut Keep the heat out by closing your blinds, curtains and windows during the day. This will block the sun's heat. Keep everything shut until night falls and its cool enough to open the windows. 2. Open the windows After nightfall open the windows to allow the cool night air to blow throughout house. 3. Use a fan Place ceiling fans and window fans in upstairs rooms to draw off the heat and push the heat outdoors. Set up fans to suck up the cooler air from the floor below, and blow the hot air upwards towards the ceiling. 4. Create your own air conditioner Believe it or not you can make your own air conditioner. Place a metal bowl of ice in front of a fan, and adjust the fan so that the air is blowing over the ice. 5. Avoid adding heat Don't add heat to your home especially during the day. Wait until the evening to take a hot shower, wash dishes and clothes or turn on the oven.



Loading