Yvonne McNamara
SUCCESS! Real Estate | 508-858-8044 | ur@homewithyvonne.com


Posted by Yvonne McNamara on 4/22/2018

Your thirties are a time of many important financial decisions. Many people are starting families, buying homes, and getting settled into their careers by the time they turn thirty. The following ten years are often marked by salary increases, moving into larger homes, and saving for retirement.

Itís vital to have a solid grasp on personal finance in your thirties, as it is in many ways the foundation of your finances for the decades to come. So, in this article weíre going to give you some advice on buying a home and managing your money in your thirties.

Straighten out your credit

If your twenties were a volatile time of incurring debts from student loans, car loans, and other expenses, then itís paramount to get your credit in order in your early thirties. Having a high credit score can secure you lower interest rates on a home loan or let you refinance your loans at lower rates.

Start by making sure your bills are on auto-pay, and be sure to settle any older debts from your younger years. You can also use a credit card for recurring expenses, such as gas to get to work or groceries, and then pay them off in full each month. This way, youíll build credit and avoid accruing  interest at the same time.

Reevaluate your lifestyle and long term goals

A lot can change from the time you turn 25 to the time you turn 35. Your goals might shift from finding a home near the ocean to finding a home near a good school district for your children. You might also have the shocking realization that your children will be heading to college sooner than it might seem, and that youíre still working on paying off your own student debt.

Consider things like the size house youíll need for your family, where you want to live and whether that involves being close to aging parents, and reallocating money depending on your retirement goals.

Rethink your insurance coverage

Gone are the days when all you needed was a car insurance policy to get by. As you age and your responsibilities grow, youíll need to think about the future for you and your family. That may include a more comprehensive health insurance plan for your family, a life insurance policy for yourself, or increased covered for home and auto insurance.

Automate the headaches away

With all of these growing responsibilities, it can be easy to get frustrated with the time youíre losing to keeping your finance in order. Fortunately, there are many tools at your disposal in the internet age that will make all of those responsibilities an afterthought.

First, get a budget planning app, like Mint or You Need a Budget (YNAB). Next, set up your bills to auto-pay if you havenít yet. Then, put reminders in your phone to periodically check your credit score and reassess whether you need to pay for certain monthly services (do you still watch Hulu?). Finally, if you havenít yet, make sure you have your paychecks direct deposited into the accounts youíd like them to enter so you donít have to worry about them.




Categories: Uncategorized  


Posted by Yvonne McNamara on 4/15/2018

The process of buying a home is anything but cut and dry. There will undoubtedly be some twists and turns along the way. First, you need to be pre-approved for a mortgage. Then, youíll need to find a home that fits both your needs and your budget. Finally, youíll put in an offer on a place and hope for the best throughout the rest of the process.


There are plenty of things that you can do as a buyer to make buying a home both easier and more streamlined. Below, youíll find some of the best tips that are specifically for those seeking to buy a home. 


Give Them An Offer They Canít Refuse


When there is a low quantity of homes and a high number of buyers, competition can get fierce. When the market is like this, youíre not guaranteed to get a property that you put an offer on. It may take making several offers on homes in order for you to finally get the keys to your dream house. 


You never want your offer to be too low. A low offer could be insulting to sellers and instead of being countered, could just be outright refused. Make an offer too high and you still have a problem. A high offer may be accepted, however, itís not going to be approved by your mortgage company for you to borrow that much for the purchase. If an offer is accepted and a home appraises for less, you may be left with thousands of dollars that you need to pay on the spot in order to secure the home. 


The best way to present an attractive offer is to work with an expert realtor who can do the appropriate research and let you know what a good offer on the home would be.           


Know Your Contingencies


After an offer on a home has been accepted, you need to get to work on the contingencies that youíre going to want on the home. Your realtor will also be a huge advocate in this area. Contingencies will include things like the right to do a home inspection, the appraisal contingency, and the contingency that youíll only be able to move forward with buying the home if you have appropriate financing. These protect you as a buyer so that if something falls through, youíll be able to back out of the deal without a penalty.


Donít Go Credit Happy


Once your offer is accepted and your financing is in place, donít head out to buy tons of new furniture and appliances for your new home. Your credit matters until you get the keys to the house. Opening new credit cards or adding significant debt can affect your credit score negatively, possibly putting a damper on your home purchase. Hold off on making purchases until after you move into the house.    





Tags: Buying a home  
Categories: Uncategorized  


Posted by Yvonne McNamara on 4/12/2018

This Single-Family in Taunton, MA recently sold for $255,000. This Ranch style home was sold by Yvonne McNamara - SUCCESS! Real Estate.


255 Powderhorn Dr, Taunton, MA 02780

Single-Family

$273,000
Price
$255,000
Sale Price

6
Rooms
3
Beds
1
Baths
This is a Fannie Mae Home Path property. Outstanding opportunity and location for this 3 bedroom ranch. One level living with an open floor plan. Over sized family room updated kitchen,baths and ample sized bedrooms makes this property a must see! First Time Buyer's, complete the HomePath Ready Buyer Homeownership course, attach certificate to offer and request up to 3% closing cost assistance. See attached flyer for more details. Restrictions apply.

Similar Properties





Categories: Sold Homes  


Posted by Yvonne McNamara on 4/11/2018

This Single-Family in Taunton, MA recently sold for $255,000. This Ranch style home was sold by Yvonne McNamara - SUCCESS! Real Estate.


255 Powderhorn Dr, Taunton, MA 02780

Single-Family

$273,000
Price
$255,000
Sale Price

6
Rooms
3
Beds
1
Baths
This is a Fannie Mae Home Path property. Outstanding opportunity and location for this 3 bedroom ranch. One level living with an open floor plan. Over sized family room updated kitchen,baths and ample sized bedrooms makes this property a must see! First Time Buyer's, complete the HomePath Ready Buyer Homeownership course, attach certificate to offer and request up to 3% closing cost assistance. See attached flyer for more details. Restrictions apply.

Similar Properties





Categories: Uncategorized  


Posted by Yvonne McNamara on 4/11/2018

This Single-Family in Taunton, MA recently sold for $255,000. This Ranch style home was sold by Yvonne McNamara - SUCCESS! Real Estate.


255 Powderhorn Dr, Taunton, MA 02780

Single-Family

$273,000
Price
$255,000
Sale Price

6
Rooms
3
Beds
1
Baths
This is a Fannie Mae Home Path property. Outstanding opportunity and location for this 3 bedroom ranch. One level living with an open floor plan. Over sized family room updated kitchen,baths and ample sized bedrooms makes this property a must see! First Time Buyer's, complete the HomePath Ready Buyer Homeownership course, attach certificate to offer and request up to 3% closing cost assistance. See attached flyer for more details. Restrictions apply.

Similar Properties





Categories: Uncategorized