Tips to control expenses as a homeowner

Looking to save money as a homeowner?

Here's a few suggestions: 

1. Compare the rates for your homeowner insurance - you may be surprised with how much rates can vary. Also if you recently had an increase in your credit score this can help to lower your rates. Carrying multiple policies with the same agency can also help to get discounts. 
2. Stop energy waste by boosting your home efficiency. Make your electric bills more affordable by switching to LED light bulbs also check the insulation in your attic and install more if needed. 
3. If you were forced to pay PMI at the time of obtaining your loan, you can ask your lender to remove PMI as soon as you reach an 80% loan-to-value ratio. If you think your home value has increased since you bought it, get an appraisal to see if you’ve achieved 20% equity. If so, you may be able to refinance and cancel the PMI on your current loan.

If you are looking to purchase home, call us if we can help! 

Michael Binder, 100 Pro Realty (239) 822-8769