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Chris Nooney May 13, 2021

Top 8 Things New Homeowners Need

Top 8 Things New Homeowners NeedMoving into your first home is an exciting experience, but it can also be overwhelming. To manage the move properly, you need a wide variety of tools you may never have considered before. You may not realize you should have purchased a certain item until you need it. 

To prepare for the move into your new home, make sure you have all of the items listed below. 

Storage For Documents

As a homeowner, you will need to keep and organize a variety of documents, including receipts, warranties and even your mortgage papers. Consider buying a fireproof box or cabinet to store these items.

Fire Extinguisher

Every homeowner should have at least one fire extinguisher on hand. Make sure your fire extinguisher is stored in a location that can be accessed easily in the event of a fire. 

Extension Cords

Extension cords can be useful in a variety of situations, from plugging in appliances that are too far from an outlet to decorating your home for the holidays. Be sure to buy multiple cords in different lengths so you can use them for different purposes. 

Smoke Alarms

If your home is not already equipped with working smoke alarms, you need to purchase and install them as soon as possible. Be sure that you check your alarms every four months and change the batteries as needed. 

Cleaning Supplies

Another important purchase for every new homeowner is cleaning supplies. While some of these supplies may be used on a daily basis, others may be used less frequently. Nonetheless, it is a smart to have all of these items on hand. Examples of cleaning supplies you may need include window cleaner, toilet brushes, brooms, mops, sponges and paper towels. If you have carpet in your new home, you may need to buy a vacuum cleaner as well

A Basic Tool Kit

Every new homeowner will need some basic tools. Purchasing these tools in advance will make both small and large tasks easier. Be sure your toolkit includes a utility knife, flashlight, measuring tape, screwdrivers, wrenches and hammers. Having some different kinds of tape on hand is also a wise idea. 

Exterior Door Locks

When moving into a new home, it is always a good idea to change the locks. Although the previous owner is asked to turn over all the keys to the home, it is impossible to know whether other keys exist. Buying your own door locks will protect against break-ins and give you peace of mind. 

Lawn Equipment

If you will be responsible for maintaining your own lawn and landscaping, you will need to invest in the proper lawn maintenance equipment. Examples of items you may need include snow shovels, sprinklers, rakes, shears, shovels and water hoses. You may also need a lawnmower. 

You may still need to make additional purchases after you have everything on this list. However, this list covers many of the basic things you will need to begin life successfully in your new home. 

 

Filed Under: Mortgage Tagged With: Mortgage, Moving Tips, Smoke Alarm

Chris Nooney May 12, 2021

Looking for a Fun DIY Project This Spring? How to Plant Your Own Vegetable Garden

Looking for a Fun DIY Project This Spring? How to Plant Your Own Vegetable GardenWhen spring arrives, many people want to spend more time outdoors enjoying the fresh air and warmer temperatures. While you could lounge in a chair with a good book, you may find it more enjoyable to plant your own vegetable garden. This is an on-going project that will require you to spend time outdoors regularly, and it can be quite enjoyable to watch the fruits of your labor spring to life. More than that, you may love to sample and even share the tasty treats that you have grown on your own. If you are ready to get started planning and planting your vegetable garden, follow these preliminary steps.

Choose the Plants That You Want to Grow

As a first step, think about the types of plants that you want to grow in your garden. These should ideally produce vegetables that you and your family will enjoy eating. They also ideally will be suitable for growing in your climate and with the type of soil that is present on your property. Additionally, enough space should be available to accommodate the full grown size of the plants. This up-front effort is critical for the next few steps in the planning and preparation process.

Select a Suitable Space in Your Yard

Each plant species will have special growing requirements. Some plants may prefer to be in full sunlight, and others may prefer partial sunlight or mostly shaded areas. Some may prefer soil that is mostly dry or that is regularly moist and wet. Different areas of your yard may be more accommodating for some plant species than others. For example, plants that prefer more moist soil may thrive in a lower area of your yard that receives more runoff when it rains and that takes longer to dry out after a shower.

Choose the Best Time to Plant

A final point to consider is the best time to plant your crops. Some will thrive when cooler temps in early spring are still common, but others may not tolerate a freeze at all. These may need to be planted after the risk for a late spring freeze is gone. Think about how long it takes plants to grow and what the temperatures in your area may be when the plants are fully grown and ready to produce vegetables for you.

You may be able to complete much of this preliminary planning and research during the last few weeks of winter from the comfort of your own home. Keep in mind that you can get outdoors and begin to prepare your garden area before you are ready to plant your crops. These steps will pave the way for a truly enjoyable do-it-yourself project this spring.

Filed Under: Around The Home Tagged With: Around The Home, Home Maintenance, Upgrades and Renovations

Chris Nooney May 11, 2021

How to Become a Homeowner: First Time Home Buyer Guide

How to Become a Homeowner: First Time Home Buyer GuideBecoming a homeowner for the first time is exciting. However, for many potential buyers, the process can also be confusing. Below is an overview of the steps you need to complete in order to buy your first home. 

Work Out The Finances

The first step in buying a home is deciding on a price range. This price range will be determined by your income, as well as your own comfort level with home prices and monthly payments. Consider all of these factors to determine the maximum amount you are willing to spend on your new home. 

In most cases, you will be required to pay the downpayment and closing costs upfront, even if you are financing the rest of the home’s purchase price. In general, most lenders will expect a downpayment equal to 20 percent of the home’s purchase price. Otherwise, you may be required to pay mortgage insurance. Before buying a home, set enough money aside to cover these expenses. 

For most homeowners, the next step in the home buying process involves looking into different mortgage options. Unless you have enough money to purchase your home for cash, you will need a mortgage. Be sure to compare quotes from different lenders before making a choice to be sure you are getting the best deal. Once you have chosen a lender and a specific type of mortgage, ask for a preapproval letter that you can attach to any offers you make so that you will be a more reliable and attractive buyer. 

Hire An Agent 

When searching for the perfect first home, hiring a real estate agent to represent you throughout the process is highly recommended. Your real estate agent will act as a buyer’s agent, which means they will have your best interests at heart. When you don’t have a buyer’s agent, you will be dealing only with the seller’s real estate agent instead. Because this individual has been hired to represent the seller, they will always put the seller’s needs above yours. 

Find The Right Home

Once you have a qualified agent to represent you and a preapproval letter from your lender, it is time to start looking for your new home! Your real estate agent will help you comb through listings and choose the properties you want to see. Next, you will walk through each home until you find the one that is right for you. After you have chosen a home, your real estate agent will help you prepare and submit an offer to the seller. 

The process of buying your first home may seem overwhelming at first. However, by following these steps, you can simplify the process and become a homeowner with ease. 

 

Filed Under: Mortgage Tagged With: finance, First Time Buyers, Mortgage

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Pursuant to the requirements of Section 157.007 of the Mortgage Banker Registration and Residential Mortgage Loan Originator License Act, Chapter 157, Texas Finance Code, you are hereby notified of the following: CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. © 2021 Draper and Kramer Mortgage Corp. All Rights Reserved.
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Christopher James Nooney (NMLS ID # 179371 (www.nmlsconsumeraccess.org) TX:179371) Roger G Ryman Jr. (NMLS ID # 180704 TX:180704) Michele Domenico Zugheri (NMLS ID # 179379 TX:179379) are agents of Draper and Kramer Mortgage Corp. (NMLS:2551) an Illinois Residential Mortgage Licensee located at 1431 Opus Place, Suite 200, Downers Grove, IL 60515, 630-376-2100. TX: Draper and Kramer Mortgage Corp. NMLS ID 2551.

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