Our goals range far and wide; fixing our diet to earning a new promotion or saving money.
So many resolutions focus on our interactions with those around us, but what about making some resolutions for your home? Here are six ideas to help keep your home in great condition, and perhaps save some money toward your other plans.
6 New Year’s Resolutions for Homeowners in 2016
Refinance: If you’re looking to cut back on your monthly mortgage payment, consider refinancing your mortgage. NASB offers refinance options on conventional, VA and FHA mortgages.
Renovations: Some of the best ways to increase your property value is to undergo a renovation. This study suggests the best places to renovate are kitchens and bathrooms. Keep it within reason, and focus on combining aesthetics with long-term durability.
Credit History: Like going to the dentist, the thought of checking your credit score might send shivers down your spine. You could be pleasantly surprised, but if your fears are confirmed, use 2016 as the year to fix your credit troubles. Your future purchases, refinances or home renovations may depend on it.
HARP: You know the equity in your home isn’t great, yet you’re paying way too much on your mortgage. HARP loans are for those stuck between a rock and a hard place. NASB offers HARP loans to qualified homeowners. Contact a Loan Consultant today to see if you qualify and could lower your monthly payments with this government-sponsored refinance plan.
Go Green: By this point turning off the lights when you leave a room might be second-nature. Go a step further with simple energy-saving technology like “green” light bulbs. If it’s in the budget, spring for a more cost-effective dishwasher. Do your part to reduce excessive water use and light-pollution.
Basic-fixes: If you’ve noticed a spot of water damage or cracks around your windows and doors, look into fixing those minor problems before it’s too late. Word of caution: for anything outside of your expertise, consider hiring a contractor. It may be more expensive now, but a job done correctly will save you money down the road.
Our homes are sanctuaries, so it’s important to take care of them. There are more cost-saving resolutions that could boost your property’s value or leverage your home into a better refinance position.
Don’t forget, NASB is here to provide assistance for your unique home mortgage solutions. Good luck, and Happy New Year!