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Getting Ready to Buy a Home: 5 Best First Steps Series--Part 4

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Mortgage and Lending with LOCAL Bank NMLS #2803901

Best Step 1 - Check Your Credit Now

Best Step 2 - Diminish the Debt

Best Step 3 - Stash the Cash!

Best Step 4 - Minimize the Move

Minimize the Move

You've Checked your credit, Diminished your debt and Stashed some cash! Good for you!

That move into a new home is practically around the corner!  To make that move a bit easier, this is a great time to "pare down".

Soon, you are going to have to pack up everything you own.  Before you do, it is a great opportunity to make the move a little less stressful--and even a bit less expensive.

This is a great time to take stock of what you own and decide ahead of time if it's going with you to your new home.  Waiting until it is actually tim


So, start early to Clear up the Clutter and Minimize your Move.  Break the job up into small chunks so it's more manageable. And start making some decisions now.  If you don't want to take it with you, Sell it, Gift it, Recycle or Freecycle it, or Donate it.e to move will increase the stress over smaller decisions and force you into making a quick decision that may not actually be the best one.

Tag Sales--Minimize the MoveSell it: Tag sales, Craig's List, Ebay, community newspapers and bulletin boards are all possibilities. Set any earned money from these sales aside for items you'll need to organize your new home.

Gift It--Minimize the Move

Gift it: Friends, family or neighbors may be happy to receive some things from you. If not, try listing usable items that still have good life to them on Freecycle--a great way to get rid of things you no longer want. And people will come to your house to get them!

Donate It--Minimize the MoveDonate it: Salvation Army, Good Will, your local shelter, or a local church rummage sale. Save some more money by getting receipts from charitable organizations so you can take the proper deduction on your taxes. (Even if you don't usually itemize on your taxes, you may want to start doing so once you own a home. There are wonderful tax benefits for owning a home.)

Your move into a new home is coming soon, and you are set for success!  Only one more "Best First Step" before you actually begin the actual Home Buying process.

 

Coming Soon:  More "Best First Steps" to Getting Ready to Buy a Home

 

 

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20 years real estate brokerage & 6 years loan processing experience leveraged to bring successful and smooth mortgage transactions for self employed, DSCR, investor, low down-payment, reverse mortgage loans, HECM to purchase, 100% financing.

Opening Doors to Home Ownership through Superior Service in Mortgage Lending

Residential Purchases & Refinances, Multi-Family and Investment Properties, Condominium, Manufactured Homes

Conventional, FHA, VA, USDA, DSCR, HECM for purchase, Self-Employed & 1099 borrowers, 100% financing, Down-payment Assistance Loans

Lisa Orme on LINKED INThe Master's Key Realty fan page           LISA ORME        Lisa Orme on TWITTEREqual Housing

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NMLS #2803901, Federally Registered, Notary Public

Lending in All 50 States - Serving South Carolina and Connecticut with LOCAL expertise!

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To contact Lisa, call 843-408-4868 or 860-966-7694 or send an e-mail to lorme@mylocal.bank

 

Copyright, Lisa Orme, 2010.  All rights reserved.

Comments(1)

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MaryKay Shumway
Dwell Door County Real Estate - Sister Bay, WI
Door County Wisconsin's Real Estate Expert

This is always one of the hardest parts of moving, and one of the most overlooked!  Great post!

Jan 25, 2012 03:07 AM