Category / Home Ownership

Home Ownership

The True Cost of Home Security

Home security is a sound investment for those that want to ensure their dwelling, and all of the items housed within, is protected to the fullest. Unfortunately, security is one of those items of owning or renting a house that comes secondary to other important costs until the owner gets a shock to the system such as when they read of a burglary within the neighborhood; then they scramble to get something installed and running.

Home security has gone down in price, but up in technology. The combination of falling prices of digital cameras and other electronics associated with security means a homeowner can make the solid investment in security without breaking the bank; you can see for yourself at www.securitychoice.com.

There are added benefits that come with modern home security systems such as lowered home insurance premiums, ability to monitor the dwelling from mobile devices, remotes, and a multi-point system that aids in the prevention of faults in the system.

ADT is one of the leading home security companies in the United States which define the market and pricing for the industry which makes their offers a great foundation for understanding the costs involved with the installation and regular maintenance of a security system.

Many features and items offered through major services like ADT have become commonplace with other companies, as well, so here is an overview and breakdown of what it may cost on your end:

  • Base installation – $99 is the basic and $199 for premium packages
  • Monthly costs: $36.99 – $53.99

The basic package comes with all the bells and whistles you’d want to cover home security (this is the $36.99 a month package):

  • Monitoring
  • Digital keypad
  • 3 entryway contacts
  • Keychain remote
  • Pet detector
  • High-decibel alarm
  • Backup battery
  • Yard sign and decals

Anyone that have entered a house that has a keypad will immediately understand what type of protection it brings though you may want to expand on some of the features depending on your neighborhood and whether you want that stress on mind.

Here are some of the extras that come with loftier packages:

Essentials Plus ($42.99/mo)

  • Everything from the basic package but with the ability to contact a professional through an intercom on the wireless keypad (Two-Way Voice).

Total Protection ($44.99/mo)

  • Everything in the basic but you won’t need a phone line to send a signal to the security office (Cellguard).

Total Protection Plus ($47.99/mo)

  • The basics but also the Cellguard and Two-Way Voice features

Premium Protection Plus ($53.99/mo)

  • All of the benefits and features before but now with advanced elements such as remote arm/disable, web & mobile access, email & text alerts, and event history (ADT Pulse).

There are some additional options for video cameras and a lamp module which will come dependent on ones need and number of locations required for monitoring.

Consider the cost of a burglary. Your home houses not just its physical items but loved individuals. Physical and psychological damage may come as a result of a burglary even if an individual merely smashes a window or makes an attempt at the door. The basic package will costs just under $500 a year to provide the essential security services.

Owning a home is a big deal, but it’s about what assets it houses that makes it truly a worthwhile investment. Protect those that dwell in the living space and the previous, irreplaceable items by consider home security – it’s worth the peace of mind even if you never need to use it.

Home Ownership

10 Coastal Communities That Are Actually Affordable

Finding the best property starts by nailing down the ideal location. For many of us living in a beachside community is at the top of our bucket list. Living in a coastal city is like perpetually being on vacation. Time seems to move a little slower and everyone appears to be in good spirits when they’re near the water.

If you’ve ever taken a beach vacation you may think living the dream of an oceanfront lifestyle is way too expensive unless you have an upper-class income. While that may be true in some coastal cities, there are many communities that offer affordable living for the middle class. Make your coastal living dream come true in one of these affordable beach towns.

Corpus Christi, TX

For a sizable city, Corpus Christi, TX is actually quite affordable, even though it’s right next door to popular Padre Island. There are a number of things that make Corpus Christi an inexpensive coastal city. For starters, Zillow estimates that the average home price is just under $200,000. The area is also deregulated, which means you can compare electric rates Corpus Christi providers currently offer to find the most cost-effective plan. It’s a big money saver in the hot months of summer. Another consideration is that Texas doesn’t have a state income tax, which offsets the cost of higher home insurance rates on the coast.

Crystal Beach, TX

This city has been noted for being one of the nation’s most affordable oceanfront communities, it’s got the home prices to prove it. With a median home price of just $153,500, it’s easily one of the least expensive cities on our list. Having a population of just 1,600 means Crystal Beach is also an intimate and quiet place to kick back and relax. Plus, a free ferry can take you the short ride to Galveston Island for additional fun in the sun.

Matlacha, FL

Matlacha is one of the few areas of south Florida that is fairly affordable. This old-school fishing community has maintained its character and flair over the years and the vibe has often been compared to the Florida Keys. But instead of paying more than $565,000 for a home you can get a colorful row house for around $185,000.

Pensacola, FL

If you prefer a slightly larger city that’s lively Pensacola, FL is a fantastic option. The city has been called an affordable alternative to Palm Beach, and with home prices that hover around $125,000, it’s definitely more budget-friendly. In addition to miles of white sandy beaches, Pensacola also has a variety of shops, restaurants, and a vibrant nightlife.

Gulf Shores, AL

Alabama doesn’t have as many miles of coastline as other states, but the little bit it has is quite impressive. So are the home prices, especially in the lively coastal city of Gulf Shores. The area is noted for having 32 miles of white sandy beaches, beautiful blue-green water, historic sites and first-class golf courses. At just over $230,000 for the average home, Gulf Shores is a popular spot for retirement or buying a vacation home.

Myrtle Beach, SC

Hilton Head may be a hot spot for golfers and vacationers, but locals know to home shop in Myrtle Beach where a dollar goes a lot further. The popular beach town boasts 100 golf courses in the area, over 1,700 restaurants and 60 miles of beachfront.

Old Orchard Beach, ME

Maine isn’t known for its beaches, but there is one place that’s been a coastal vacation destination for years. Old Orchard Beach comes to life when the weather warms up. There’s a seven-mile strip of beach, a historic pier and an amusement park right on the water. For less than $300,000 you can get your own piece of the “garden by the sea”.

Crescent City, CA

Bet you didn’t think you’d see a California city on the list. Crescent City is in the northern part of the state close to Oregon. It’s a combination of rocky shores and sandy beaches, but there are a variety of aquatic activities to enjoy in the spring and summer. With median home prices at about $250,000, this is one California coastal city people can actually afford. While this may seem like a hefty price tag it’s far less than California’s median home price of just over $490,000.

Empire, MI

The next best thing to the ocean is a great lake. The tiny village of Empire, MI is situated on Lake Michigan, and it’s one of the areas that’s known for its unspoiled beaches. Believe it or not, the dunes can reach 400 feet and the waves are sometimes big enough to surf. A big benefit of living on Lake Michigan is your home insurance will be a fraction of the cost to cover a beachfront property.

Home Ownership

Earn Income From Your Own Property The Easy Way

When you are looking for a way to secure a good income without having to rely on an employer, working for yourself can seem like a good idea. The trouble is, there is a constant demand on your time and resources to deliver goods or services to an ever-changing market place. Instead, think about investing. If you have some money or property behind you, investing is a way to make that cash work hard for you. After years of careful saving and sacrifice, now may be the time to see what that hard earned cash can get you for the future.

Property will always be a good thing to invest in because the global population continues to rise. Housing will always be required, and home builders cannot keep up with demand. This pushes the price up on properties, making them a good investment. Because the cost of buying a home is so high most people under forty cannot afford to buy. Therefore, rental property is desperately needed. If you have any property, now is the time to look at becoming a landlord.

Even if you do not have a property to rent out, you can buy property to let. You don’t need to be a cash buyer either. Mortgage lenders are happier to lend on a buy to let than for a first home because they know you are generating income to repay the mortgage. Rates are quite favorable at the moment too. There will always be a need for rental property, so consider building a portfolio. If you like DIY, you could buy doer uppers and make a profit from selling on if you needed to raise some cash.

Earned Income

Thanks to Flickr for this pic

As a landlord, you will need to protect your home and yourself. Have a look at www.uklandlordinsurance.com or other insurance websites to find out what level of cover you may need. Your property will need to be protected against damage, and you will need some personal liability cover too. Take some time to find the right cover for the kind of properties and tenancies you are expecting to be dealing with.

If you prefer not to deal with the occupants of your properties, you can leave the advertising, property management and tenancy agreements to a letting agent. They work on your behalf. Some take a fixed fee while others will take a percentage of the income derived from the agreement. This will reduce your income but will take a lot of the hassle of letting your house off your hands.

Many landlords find they can pay their mortgage and still have enough rental income left to live comfortably. Investing in property this way can be very satisfying, as you get to keep the property as part of your portfolio for as long as you like. If you have good tenants, you should find your property in the same good condition when they leave as when the tenancy started. Most importantly, you will be helping people live in a good quality property they can call home.

 

Home Ownership

Savvy Ways to Manage Your Mortgage

A mortgage is an excellent way to invest for your retirement. But, up until the point that the term ends and you have paid off what you owe, there are times where it can be an economic struggle. You need to make sure that you are managing your debt in a more robust way. This ensures that you don’t face financial hardship during the term of your mortgage.

For many, getting to grips with their mortgage can be a positive thing. It allows a greater degree of financial control. For others, just having a basic grasp on their monthly outgoings can restore peace of mind.

Here are some savvy ways that you can ensure that you are managing your mortgage.

Mortgage

Image has been provided by 401 (K) via Flickr

Planning Your Income and Expenditure

There are some great ways that you can take the helm of your finances once again. One of the best ways to keep on top of your cash is to make sure that you compile an effective monthly budget. Planning is important when it comes to financial matters. This means that you can have a tighter control over your incomings and outgoings.

Plan for all eventualities as well as what you actually spend on your day to day living expenses. Include bills, utilities and petrol. Council tax can be subject to increases too, so doing be aware of this when you are budgeting.

Try to keep a list of what you spend and where it goes each month. An easy way to do this is in the form of a spreadsheet. This way you can quickly retrieve the data and add up the information as you go along. Use an online budget calculator to help you if you get stuck.

If your mortgage is likely to go up soon as a result of the end of a fixed term, you may want to assess your income and expenditure to ensure that you are not faced with monetary problems.

Getting the Best Deal on Your Mortgage

Many people believe that they don’t have to check their mortgage rates during the loan term. But, it’s vital that you do if you want to become the master of money management. Always check what you are paying. Do you need to reassess your finances? If your current mortgage deal is coming to an end, it’s time to start finding out what your options are. If you are concerned about the value of your property and your mortgage deal find out more about an instant quote for surveyor services. Many people fall into the trap of going for the lowest possible interest rates. This can be dangerous territory for many. You need to make sure that you consider the ongoing costs and whether you will pay your mortgage off in time. What is more, you should always aim to pay your mortgage off early. This can ensure that you are paying less interest overall, which can see a significant saving in the long term.

Before you commit to any major decisions, you should always check out the competition too. But, do ensure that they don’t charge ‘swap over’ fees. These costs can be rather high and can see you with something of a substantial shortfall.

Home Ownership

Essential Tips For Finding The Best Property

Best Property

Credit here

Moving house is always going to be a pain in the backside. You will have so much to think about that you’re almost certain to forget something important. Not only that, but your family will probably add to the stress, especially if you have young children. Even so, you’ll need to find the ideal property first, and that’s where most of the hard work comes into play. Throughout the course of this article, we’re going to present you with lots of tips that could help to make the process a little easier. At the end of the day, the last thing you want is to uproot your family and move into a less and suitable home. Considering that, you should pay close attention to all the advice we’re about to relay.

If this is the first time you’ve moved home as a family, there are lots of different elements you’ll want to think about. We’ve done our best to cover them all in this post. However, you still might like to create a “to-do” list. That is the best way of ensuring you don’t overlook anything, and your moving day goes as smoothly as possible. Whether you’re relocating due to a new job or you just fancy trying something new, the tips below will guarantee you stand the best chance of getting things right.

Choosing the best location

You’ll want to perform a lot of research when looking for a new home, but that’s much easier than it used to be. While you should still visit your chosen area to ensure it’s suitable, you can find lots of useful information online too. Crime rates usually play a big role in determining whether or not an area is suitable. Luckily, the government published regional crime statistics on a quarterly basis these days, and so you can find out everything in a matter of minutes.

Finding good schools

Presuming you have children, you’ll want them to attend a good school, right? Again, league tables are frequently released, and inspection reports are often published online. So, all you have to do is make a list of all the schools in the area and compare them using that information. It might also make sense to arrange appointments where you can take a tour of the school and speak with teachers. That should be enough for you to get a feel for the place. If you have any doubts, simply try somewhere else. It’s usually better for your children to attend schools closer to major cities as they tend to have more money and thus employ the best staff.

Considering your work commitments

When looking for a new home, you’ll want to make sure it’s within a suitable distance of your place of work. Nobody wants to spend more than an hour commuting each morning, and so you should draw a circle on the map of around thirty miles. Any further away than that, and you will be out of the house for far too long each day. Of course, if you’re lucky enough to work from home, that isn’t a problem. Unfortunately, most people don’t have that luxury.

Assessing your requirements

Depending on the amount of people in your family, their ages and their interests, you should aim to find a property that fulfills your needs. If one of your children plays a lot of football, you’re going to want somewhere with a big garden. Likewise, if you have lots of children, you’re going to need somewhere with enough bedrooms. That might sound like an obvious point, but you would not believe the amount of people who settle for somewhere unsuitable just to make the move happen as soon as possible.

Using real estate agents

While you will save some money if you look for a property off your own back, often the best technique involved employing the services of real estate agents. They will do most of the hard work for you. All you have to do is give them a list of requirements and wait until they get in touch with suggestions. Just be warned that agents will want to make the most commission possible, and so they will always try to push your budget as far as it can go. With that in mind, you should tell them you have slightly less money to spend that you actually have. That way, you should stay within your budget, even if they insist on showing you properties that are more expensive than you stipulated.

Advertising on social media

Social networks are fast becoming the best place to sell almost anything. For that reason, you should make a few posts on relevant pages explaining that you’re looking for a new home in your chosen location. You never know; you could find someone comments with details of a property they’re trying to sell that meets your requirements. Stranger things have happened.

Planning the move

Once you’ve found the best property you can afford, the only thing left to do is put in an offer and wait for it to be accepted. So long as the sale goes through, your next worry is the moving process. While some people like to handle the whole thing on their own, professional removals firms like The Professionals could help to make the endeavor much easier. There are plenty of similar companies in your local area, and you can find their details by searching online. The best thing about using a removals firm is the price. Their services are usually very affordable, and using them means you won’t have to lift a finger.

Thanks for taking the time to read through this post guys. We sincerely hope you are now in a better position to find the best property for your family. No matter where you want to live, an ideal home is out there. All you have to do is identify it, and the tips in this article should help you to do that in a timely manner.

Good luck with the move. See you next time!