The magical power behind buying a home.

Sound like you…are you indeed spellbound about buying a home?

When you’re giving all of your attention to something it can more often than not blur your ability to keep your feet on the ground or exercise any common sense we may have inherent in our being.

Today’s thoughts are about breaking the spell to make sure that one of the largest financial investments that you ever make is done with precision and accuracy. This you’ll want to get right.

How do you break the spell of homeownership to ensure you indeed have success in buying a home? Break the don’ts to begin with:

Don’t think you have to keep up with the Joneses

Part of the jet set you may not be, so now is not the time to assume you are in order to keep up with the rich and famous with their lifestyle! You don’t have to emulate the success of your friends nor others to show that you’re wealthy, when in fact you’re not. Buy what you can afford. And if you are rich and famous, or even if just rich, you will only need to keep up with you and not the rich Joneses. Sell Your House Rocklin Ca

If you’re financing a home, you’ll find that your debt to income ratio is most important and your ability to get approved for a mortgage will be dependent upon how many bills you have in relationship to your income and how much credit that you’re using day in and day out. There’s an ideal range that will differ for everyone, yet leading towards the conservative side is wise. Debt to income ratios can typically go as high to just under 45% to gain approval – is this a wise decision however? Do you want to be maxed out?!

Don’t think that your new home must be perfect.

There are many improvements that you can make yourself that aren’t always costly. What’s important are the bones of the home. You can work within the blocks and framework to satisfy your desires, particularly over time. Look beyond the bright turquoise walls that may not be your favorite color or the worn carpeting in the bedrooms; these are all things that can be replaced.

“Look beyond the bright turquoise walls that may not be your favorite color or the worn carpeting in the bedrooms; these are all things that can be replaced.”

You’ll want to look at the overall structure of your home and it’s floor plan and whether it will suit your immediate needs, you’ll want to like the neighborhood, the proximity to your work, schools for your children, nearby shopping and entertainment that suits your lifestyle. Yet again, prioritize these needs as you may not find them all.

And, if this may be your first home purchase, know that the fact that you’ve planned to buy a piece of Real Estate is the beginning of your future wealth accumulation. Buy your first home, then after 5-10 years, you can move up and keep your first home purchase to rent out having a stream of rental income coming in to pad your bank account. Repeat as you can! Brilliant idea and it makes a whole lot more sense than zeroing in on perfection.
home buying expectations

Don’t think that you can ignore home maintenance

Buying a home is so much more than all the pretty, glitter-like appeal you may imagine. No, in fact, it can amount to circumstances that are well beyond glitter when you come to find out that owning a home requires maintenance; far from the glitz and glam. Keeping up with seasonal maintenance is a must.

Maintaining your home is critically important, in order to lessen costly repairs and ultimately it results in you selling your home for more, when the day comes you decide to uproot you and your family to move out. I know that selling your home is the last thing that you’re thinking about when buying a home, but trust me…how well you maintain your home over the years is huge towards resale value. Go ahead and ask any homeowner who let their home maintenance fall by the wayside. Go ahead and ask away…you won’t like what they have to say.

“I know that selling your home is the last thing that you’re thinking about when buying a home, but trust me…how well you maintain your home over the years is huge towards resale value. “

Don’t think that it’s going to be only your way

Give and take typically will be at work during the initial offer to purchase time period and likely right through to the inspection period. You can ask and the home Seller will likely give, yet not always 100% of what you’re asking for from a home Seller. Know that it’s not to your advantage to tally up a list of all the itty bitty items, as with any home inspection there will likely be a lot of such items. Instead, your main focus should be on the major working components of a home; the home’s roof, air conditioning/heating, plumbing and the like. You certainly don’t want to tick off the Seller on requesting a hundred small insignificant items when what you really want is their help on the significant items in need of repair and/or replacement.

An experienced Real Estate Agent will be invaluable during these give and take periods, as an experienced negotiator will know how to get you the most for the taking.

Don’t think you can get used to the negatives of your home.

If you can’t change the negatives, think twice about living with it as it will likely only turn into home buyer remorse. It would be better to wait on that home purchase, until you find a home without that huge negative. I’d be pretty confident in saying that you’ll find a home that doesn’t have that huge negative attached if you just give it some time. Don’t rush a home purchase. It’s not uncommon for it taking several months to find the home that will be to your liking. Lessening regrets from a home purchase should be paramount.

Do take yourself out of the spell you’re under before you start. SNAP OF FINGERS…there you’re out of your spell – now get ready to be a homeowner…you’re well on your way once you break the don’ts, as discussed above regarding showmanship, perfection, lack of maintenance, stubbornness and settling. Forget about those don’ts.

Tips to Maximize Closet Space with a Luxury Look

Opt for Thinner Hangers

This seems like a simple step but you’d be surprised how much space your hangers take up. If you’re using thick wooden hangers or plastic hangers, chances are that you aren’t using your space to its potential.

Instead, buy thin “space saver” hangers, like flat wooden ones with velvet coating. They’ll let you keep your luxury look without sacrificing space. Keep in mind, however, that heavy items like men’s suits and some formal gowns may be too heavy. Keep a few wooden hangers in case you need them for these items.

Add an Extra Storage Space

Let’s say you have a sizable bedroom but you’re running low on closet space. One of the hottest interior design trends is to add a structured storage space.

These units look like large sets of shelves, but they have doors on the front to keep the clutter under wraps. You can turn it into a design element as well by adding some decor on top. These units come in plenty of styles from rustic to modern so you can make it look like a natural part of your home.

Invest in a Space-Saving Shoe Storage Option

Shoes are one of the worst space-wasters in most closets. You don’t want to stack them on top of each other, but many shoe storage racks take up too much space.

Look for options with slanted cubbies so your heels don’t take up more space than necessary. You’ll find these choices in a number of shapes, like a vertical column or a shorter horizontal rack. Choose the layout that best fits your available space.

Add a Sliding Jewelry Rack

If you’re struggling to make room for jewelry boxes or a jewelry armoire, you’re not alone. Getting creative can clear up space while leaving all your jewelry easy to access.

Try a vertical wooden rack that slides into place. Picture a sideways sliding door with hooks and pockets on the sides. When you slide it in, it aligns with your items and all you see is a few inches of a wooden panel. When you slide it out, you can browse your jewelry on both sides.

Take Advantage of Vertical Space

You might be surprised how much you can fit on the top shelf of your closet. Many luxury homes have nine-foot ceilings or higher, and you can use all that extra space. This is a perfect place for those baskets and containers we mentioned above.

If you want a classy, expensive look for your home, you can install a sliding ladder reminiscent of Beauty and the Beast. If not, reserve the top shelf for items you rarely use like holiday decor or memorabilia boxes. For closets with minimal shelving, don’t be afraid to install an extra shelf at the top of the closet.

Turn Suitcases into Extra Storage

Let’s say you’re storing your suitcases in your closet. Suitcases are built for storing items, so why not use them that way?

Chances are that you only use your suitcases a few times each year. For the rest of the year, place your out of season items inside. If you have a set of suitcases in different sizes, put the smaller ones inside the larger ones like Russian nesting dolls. You can even use the space inside the smaller suitcases in this case.

Buy a Tie Rack or Belt Rack

Ties and belts are notorious for being difficult to organize in minimal space. The good news is that some manufacturers are finding solutions.

Look for a tie rack or belt rack that retracts or rotates to save space. You can use a similar rack to the jewelry rack we described above. You could also choose rotating rack that lets you browse all your style options. Some of these racks are electronic for convenient access.

Arrange Your Hanging Clothes by Length

Chances are that you’re passing up storage space at the bottom of your closet. Organize your clothes by length so all your longer items are together. This lets you see space under your shorter items so you can place a rack or containers below them.

As an added bonus, this gives your clothes a cool interior design element because they’ll form a diagonal line.

Look for Multifunctional Furniture

If you need to add storage space, make your furniture work harder for you by finding pieces with extra storage. For instance, if you want a dressing bench in your closet, look for one that opens up to storage space inside.

You can also find storage furniture outside your closet to hold extra items. Look for an end table where you can store your socks or your accessories. Get a cushioned bench for the foot of your bed or elsewhere in your bedroom that offers storage.