When you apply for a home mortgage loan, your Mortgage Planner will check your credit score. This is reported to credit agencies as an inquiry and lets creditors know that you are considering taking on new debt. An inquiry can have a negative, but small, effect on your credit score. While still small, inquiries can have a larger effect if you have few accounts or a short credit history. However, inquiries are a mandatory part of applying for a home loan, so they cannot be avoided.
Inquiries made within a 45-day window are only recorded on your credit report as a single inquiry because creditors understand that you are only going to buy one home. This means that multiple lenders can check your credit as long as it is within 45 days of the initial inquiry. It is important to note that the 45-day window only applies to mortgage loans; credit card and other credit inquiries are processed separately.
When you check your credit on your own, it does not have an affect on your score. Before you apply for a home mortgage loan, you should request a credit report to dispute any errors that you see. Because resolving disputes could take longer than 45 days, this will avoid your lender having to submit two inquiries if there are errors on the original report.
For more information about mortgage credit inquires, click here.
When you are ready to purchase a home, I would love to talk to you about your home financing options. Call me today to set up an appointment!
Decorating a child’s room can get pretty expensive, especially if your little one is your first. There are just so many cool things out there and sometimes, parents (and grandparents) can get too excited and spend a lot of money. So, whether you want to redecorate your kid’s room or are just starting to put the nursery together, you will find these inexpensive ideas helpful for you project.
1. Art Gallery
You can create a very inexpensive gallery with your kid’s art or pictures from old kid’s books and frames that you, your family or friends do not use anymore. You can even include your children and have them collect flowers and/or leaves they like and put them in a piece of paper, there are endless ways to do this!
2. Furniture Makeover
Thrift stores and garage sales are full of hiding gems; find a piece of furniture you like and add your own style to it, or you can repurpose it, like this old cabinet turned into a small kid’s diner.
4. Check out IKEA
Ikea is known for having low-priced, and pretty cool things. But if you are really creative you can make the most of what you get at the store. Just take a look at how these Ikea products have been transformed!
5. Use wall decals
An easy way to give your kids room character is by using wall decals, no need to be the best artist when you can get ready to go decoration for your wall. Wall decals can get to be a little expensive, but some stores, like Target, have cool and reasonably priced decals.
6. Chalkboard paint
Paint a wall with black chalkboard paint, your kids will have a giant canvas to draw on. You can also use this to write reminders or routines for your kids.
7. Small spaces
Make the most of the space you have available, there are really cool beds and room furniture that come with extra storage. Or you can use what you have and reorganize it, like this parent whose kid’s closet was out of control.
8. Get to know Pinterest
Pinterest, the world’s catalog of ideas, is the to-go website for people who love DIY. This platform is full with ideas and we know you will love it!
**If you sell your home do you need to have it Energy Certified? http://www.factcheck.org/2009/07/energy-bill-and-existing-homes/**
Do you know how much money are you spending on your Energy Bills? Well, according to Alliance to Save Energy, ‘the average U.S. residential household consumed 10,982 kWh of electricity and spent around $2,200 annually on utility bills’ Yes, that is right, you are probably using more energy that you need to! Just take a look at this blog on the 10 most energy wasting habits people have in their home.
Saving energy is not only about being cleaner and caring about the planet, it is also about using your resources more effectively. So, whether you want to stop wasting resources for the planet’s sake or save on energy (and other) bills, here are some steps you can take towards being more energy-efficient.
- Heating and Cooling
Close blinds on summer to keep your house cool and open them in winter to let sun in. In the colder months be careful with fans because the air coming from them can make your heating system work harder.
Check for air leaks, any cracks in your home will let cold hair come in and hot air escape, this makes your heating system work harder and waste energy in the process. Look around your windows, anywhere wood meets concrete, sill plates, doors and air duct joints.
Make sure to install a programmable thermostat, according to Energy.gov, ‘You could save an estimated 10 percent per year on heating and cooling costs by using a programmable thermostat, and by resetting it when you are asleep or away from home, you won’t have to sacrifice comfort.’
Just by pushing the ‘energy saver’ button on some or all your appliances, you will be making a difference on your energy consumption. But if you feel like you want to do more, and if you have the money, you can replace your old appliances for energy-efficient models. We recommend that you get appliances that are certified by Energy Star, here is a list of them. You can also reduce the use of electricity when electronics are not in use by plugging them to an advanced power strip.
If you are about to buy or replace your old car, you can get one that has good mileage, this will help you save money on gas and will reduce the CO2 emissions that come from your car.
We hope to have inspired you to take some steps towards using energy better, and to give you more inspiration, here, read this couple’s story on how they made their home more energy efficient.