Michael Hamrac's Blog
Job responsibilities, maintaining a home, and meeting the growing needs and demands of your family can feel overwhelming at times! It's not always easy to juggle a busy schedule, balance your budget, and make sure your bills get paid on time. The ideal scenario is to organize your life in such a way so that you're not allowing priorities to slip through the cracks.
In many ways, keeping your life under control is a lot like building a house. In both cases, you have to make sure you're creating a strong foundation that will provide support and long-term stability for your current and future needs. Easier said than done, but it's a goal worth doggedly pursuing!
It's All In Your Head... Mostly!
Half the battle to being in control of your life is feeling like you're in control, and that feeling often hinges on being able to see evidence of those circumstances. Whether the feedback you're getting from your environment is positive or negative, it's going to have a direct impact on your energy level, your attitude, and your confidence. That's why it's important to control the things you can -- and recognize the ones that are outside of your control.
Not paying your bills on time is one of those aspects of life that can have a lot of repercussions, over time, especially if you're chronically forgetful, disorganized, or overextended. When you think about it, there are a lot of sound reasons for staying one step ahead of your due dates. The primary reason is that paying your bills in a timely way will help you maintain a high credit score, which is valuable when applying for a mortgage, a home improvement loan, or some other form of financing.
There are also two other compelling reasons to avoid missing payments or due dates:
- Sending in late payments creates additional stress in your life, and you probably have more than your share of that, now! Many people don't recognize how insidious and damaging stress can be, both to our mental and physical health. In some cases, stress is avoidable or can be controlled by taking preventative action.
- Receiving "past due" notices and allowing your credit score to slip can and does have a negative effect on your self esteem. Once that starts happening, it can undermine and impact other important aspects of your life, including job performance, relationships, and even dietary and lifestyle choices. Remember that "a chain is only as strong as its weakest link".
While some financial problems may require professional help to get them resolved, others can be nipped in the bud by examining and sometimes shifting your priorities, increasing your awareness of when payments are due, and resolving to build a strong financial foundation that will support you and your family through thick and thin.
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If you’re in the market to sell your Florida home soon, you may wonder if making a few improvements to your property will help increase its value and appeal. A perfect place to start is with your realtor. Real estate agents can provide you with excellent advice on what repairs will help your home sell.
As Is Homes
The first consideration should be if you plan on selling your home “as is.” Generally speaking, most homes that are listed under this category need significant amounts of work. These properties would attract contractors and those who are looking to flip a house. The price of a home that’s being sold as is a bargain. That’s what makes these homes attractive.
Don’t mix up a home that’s “as is” with a fixer-upper. Buyers who are looking to make improvements to a home are looking at the cosmetic things. These buyers don’t mind painting, replacing sinks, or doing some serious landscaping. They want to make the property their own. A fixer-upper is not a property that needs a new roof, a new foundation, or many walls torn down. Major repairs aren’t a part of purchasing a fixer-upper.
Fixer uppers can also give buyers a deal. They’re putting all the repair and replacements costs into consideration with their offers on these properties. This means as a seller, you’ll make a bit less, but your home could move faster off the market when you come in contact with the right buyer. The price of a fixer-upper home needs to make sense for buyers even to consider it.
Look At Your Costs
If you’re selling your Florida home, making improvements to the property could make it more attractive and increase its value. The most significant thing you need to consider is whether or not you’ll get a substantial return on your investment. The repairs and improvements you do make should make sense.
If you decide to make improvements to your Florida home before selling you, need to make a list and prioritize what’s best for you to do at your house. Make a list of everything that needs to be done in the home and see what’s in your budget and best interest to do. You can have a conversation with your realtor at this point to get ideas of what will bring your sale the most value.
Let's face it – selling a home in a buyer's market is far from ideal. In this scenario, a home seller likely will compete with many property sellers to promote his or her residence. And despite a home seller's best efforts, there are no guarantees that he or she will be able to maximize the value of a residence.
A buyer's market often is a dream come true for property buyers and a worst nightmare for property sellers. Lucky for you, we're here to help you navigate a buyer's market and ensure you can get the best price for your home.
Now, let's take a look at three tips that every home seller who is operating in a buyer's market needs to know.
1. Complete a Home Appraisal
A home appraisal offers a valuable opportunity for a home seller because it enables this individual to identify a property's strengths and weaknesses. That way, a home seller can find the best ways to enhance a residence and help it stand out from other available properties.
Typically, a home appraiser will inspect a residence both inside and out. After the evaluation is completed, the home appraiser will provide a home seller with a report that describes problem areas that were identified during the assessment.
A home appraisal report can make a world of difference for a home seller, particularly in a buyer's market. With this report in hand, a home seller can work toward enhancing a house's interior and exterior.
2. Establish a Competitive Price for Your Residence
What you paid for your home a few years is unlikely to match the value of your house today. Meanwhile, a home seller should set a competitive price for a residence to ensure that his or her house stirs up plenty of interest from homebuyers.
To determine a competitive price, examine the prices of comparable homes that are currently available in your area. This will help you establish a price range for houses similar to your own.
Furthermore, check out the prices of recently sold homes in your city or town. This housing market data can help you make an informed decision about how to price your residence.
3. Work with an Experienced Real Estate Agent
An experienced real estate agent is unafraid to list a home in a buyer's market. In fact, this housing market professional knows exactly what it takes to sell a residence in any real estate market, at any time.
Thanks to an experienced real estate agent, you can streamline the home selling process. This real estate professional will showcase your house to the right groups of property buyers consistently. He or she also will set up home showings and open houses, negotiate with property buyers on your behalf and do everything possible to help you optimize the value of your residence.
Take the guesswork out of selling a home in a buyer's market. Use these tips, and you can keep things simple as you sell your residence.
Although family vacations frequently require a lot of planning, budgeting, and highway navigating, the benefits usually outweigh the challenges.
Granted, some road trips may bear a striking resemblance to the Griswold family's misadventures in the 1983 movie National Lampoon's Vacation, but, in real life, the majority of vacations do not devolve into a comedy of errors! A lot has changed in the past few decades, too. Thanks to GPS technology, cell phones, the Internet, and online reviews of tourist destinations, travelers are much less likely to get lost, stuck on the side of the road, or discover at the last minute that they've reserved a room at the Bates Motel.
Vacations mean different things to different people. While some families are content pitching a tent at a public campsite for a few days, other people opt for a week in the Bahamas or a lavish winter vacation at a ski resort in Colorado. The good news is that vacationing can be as economical (or luxurious) as you want it to be, and there are plenty of ways to reduce expenses and save money. One example would be to take advantage of off-season rates. Another would be to share the cost of a vacation house rental with friends or extended family.
Regardless of the duration or nature of your vacation, a change of routine and a new environment can be great for every member of the family. Here are a few of the benefits and advantages:
- A fun vacation not only creates fond memories and opportunities for family bonding, but it also gives you and your kids something special to look forward to and talk about for years.
- Whether you're a business owner, a working professional, or a student, it's relaxing and restorative to get away from the pressures and responsibilities of daily life. Everyone needs to "recharge their battery" now and then to avoid feeling burned out and overwhelmed.
- Freedom and flexibility: Vacations are an opportunity to be as active or lazy as you want. In the winter, you can either go downhill skiing or just relax in the ski lodge with a good book, a crackling fire, and a hot drink. If your vacation is in the summer, you can work on your tan or your golf swing -- you decide! The ability to relax, kick back, and have a change of scenery provides people with a welcome relief from their usual busy schedules.