Susan Baghdasarian's Blog
Burglary is one of the more common types of crimes in the US today. Every day, many homeowners wake up or get back from work to discover their homes robbed. Given the financial, psychological, and physical damage that can happen, protecting your home is always ideal. You don’t have to be a victim. Put a security system in place to protect your home.
A range of home security systems are available. Deciding on which one could be a daunting task. To save you time and stress, here are some tips on how to select a security monitoring system for your residence.
Survey your home.
The first thing you need to do is to survey your home and assess its security needs. Start by counting the doors, windows, and other entry points. Check the distance of the doors and windows from where you intend to install the controls. Knowing this is essential as it will help you know the coverage of the wireless system or the length of the wires needed.
Know where to place the controls.
Place the controls somewhere only you will have quick access to. Many people prefer the control pads close to the main door. But that's not a promising idea because others can easily find it. According to security experts, it is best to place the control pads in an area that guests will not have easy access. A good example is your bedroom.
Consider the people who live with you.
If you intend to go with motion detectors, consider movement in your home during the night. If you have kids or older parents that move around at night or you have pets that pace the house at odd hours, it is highly likely that they might trigger the alarm and cause a disturbance. Triggering the alarm system that alerts the police department may cause them to respond to a false alarm from your home.
Research the Security company.
Reputation is key. Although there are security systems that you can install yourself, working with a licensed and trustworthy security company is an optimal consideration. They will recommend the perfect system for your home and even give you useful tips to protect better protect your home.
Be sure to ask the following questions;
How long have they been operating?
What services do they offer?
Do they carry out background checks on their employees?
Do they lease or sell their security systems?
Do they offer a warranty?
Finding the perfect home security system is vital because it assures you that your home is well protected. To get more information about the types of home security systems available, and how installing one can help you gain peace of mind, ask your agent for a recommendation for a reputable security service.
Buying a home can be one of the best decisions you’ll ever make. However, deciding if you should rent or buy your next home can be a very difficult decision. But once you understand the benefits of owning a home, you can have confidence as you move through the home-buying process.
You Can Save Tons
Buying a home is usually a good investment. That’s because home values continue to rise, while rent prices are also reaching higher levels. So whether you plan on living in a home full-time or you decide to make it a rental property, buying a home can be a smart financial decision. This is even more true if you keep the home for a long period of time. If you look at the data, home prices have skyrocketed dramatically. Back in the 1940s, the average price of a home was around $30,000, according to The U.S. Census Bureau. In the year 2000, that jumped to nearly $120,000. While there aren’t many people who still have a house from the 1940s, this example shows you how home value can increase over a period of time. That being said, buying a home and keeping it around can do wonders for your wallet.
There Are Tax Breaks
While it depends on your individual situation, mortgage interest and certain closing costs are typically tax-deductible. Furthermore, these tax breaks are higher early on in homeownership given the high-interest payments. In addition, mortgage insurance and property taxes might also be tax-deductible. This provides a huge benefit to homeownership, but things get even better: once you decide to sell your home, you can make up to $250,000 in profit and all of that is tax-free. Tax breaks add comfort for homeowners and provide key incentives that be very worthwhile.
It Can Improve Your Credit Score
Another key benefit that comes with homeownership is that you can improve your credit score. This is especially true for those who don’t have a long credit history or many installment accounts. Paying your mortgage shows that you’re a responsible borrower and that you can be trusted. Also, credit bureaus will reward you more for mortgage payments compared to payments for credit cards, student loans, etc. Additionally, very few landlords will report rental payments, so you’re not doing any favors for your credit score by paying rent every month.
Homeownership can be a scary thought, but understanding the benefits involved can help you make the right choice for your needs.
Obtaining a home loan is a must for most homebuyers. However, there is a lot to think about to ensure a homebuyer can secure a loan that matches or exceeds his or her expectations.
Some of the key questions to consider about a home loan include:
1. What is a home loan's interest rate?
It is paramount to understand a home loan's interest rate, along with any associated loan fees. That way, a homebuyer will know exactly how much he or she will be paying over the life of a home loan.
If a homebuyer chooses a fixed-rate mortgage, he or she can lock in an interest rate for the duration of a home loan. This means a homebuyer will pay the same amount each month. And in many instances, a fixed-rate mortgage can be paid off early without penalty.
On the other hand, a homebuyer may prefer an adjustable-rate mortgage. With this type of mortgage, a homebuyer may receive a lower interest rate initially that rises after a set period of time.
Compare and contrast the different home loan options and their associated interest rates. By doing so, a homebuyer can make an informed home loan decision, one that serves him or her well both now and in the future.
2. Does a home loan require a minimum down payment?
Ask a lender about whether there is a minimum down payment required as part of a home loan agreement. Typically, a homebuyer will need to pay at least a small portion of a home's price to secure a home loan, and it certainly helps to have this information available before you start evaluating available residences.
In addition, it may be worthwhile to save as much money as possible prior to starting a home search. With money at your disposal, you may be better equipped than ever before to make a large down payment, thereby reducing the amount that you'll need for a home loan. Plus, you may even be able to boost your chances of getting a favorable home loan interest rate.
3. Will I need to provide legal documents to obtain a home loan?
Lenders will require you to provide proof of your income and assets, W-2 statements and other legal documents to finalize a home loan agreement. If you stay organized and have these documents readily available, you should have no trouble providing them to a lender as needed.
Overall, the home loan application process may vary from several weeks to many months. The time it takes to secure a home loan can be stressful, and if you need extra help along the way, it never hurts to reach out to a real estate agent.
With a real estate agent at your side, you can streamline the process of buying your dream home. This housing market professional can offer expert tips throughout the homebuying journey and ensure you can discover a great house at an affordable price.
Take the guesswork out of securing a home loan – consider the aforementioned questions, and you can move one step closer to getting the financing you need to obtain your ideal residence.
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