3 Must-Do's Before Buying a Home
If buying a home is on your list of goals for 2022, then you need to start doing your homework. You need to be prepared for both the purchase and the ongoing expenses of a home. The outcome of an audit will tell you whether you're ready to take this big step, or if you need a little more time to prepare. Generally, to qualify for a home loan, you'll need good credit, a history of paying your bills on time, and a maximum debt-to-income ratio of 43%. 1. SAVEYou’ll want at least three to six months of living expenses set aside after you factor out your down-payment. There will be considerable upfront costs including the down payment and closing costs. You need money put away not only for those costs but also for your emergency fund. Lenders will require it.Even with a high credit-score, it is in your best interest to lower your expenses and save for your down-payment. Big spending right before buying a home can damage your chances of getting approved for a mortgage loan. Plus, keep in mind that even if you have a healthy budget for your down-payment, buying a home elicits much more spending post closing. Start saving now for lawn care, interior upgrades, furniture, plumbing, unexpected expenses etc. 2. SHOP AROUND Before hiring a professional agent to help you with your home search, you’ll want to have an idea of what you want in your home. You have a number of options when purchasing a residential property: a traditional single-family home, a duplex, a townhouse, a condo, a co-operative, or a multi-family building with two to four units. Each option has its pros and cons, depending on your homeownership goals, so you need to decide which type of property will help you reach those goals. Make a list of must-haves and deal-breakers, and also research the areas you are interested in. Location can be just as, if not, more important than the home itself. This will help when selecting your realtor because you’ll be able to narrow your search to an agent who is an expert in your desired area. You also need to shop around for mortgages and mortgage loans. You want to get the very best offer possible for mortgage rates and terms. Most financial experts predict real estate interest rates to increase, which means it is in your best interest to start shopping for options now. In a highly competitive market, buyers may need to show a bank pre-approval to tour homes. It’s smart to use your time now to price-compare rates and figure out what terms work best for you. Once you’ve found a lender, send in the paperwork needed to get pre-approved. 3. CHOOSE AN AGENT Last but not least, you need a trained and licensed real estate professional to assist you with your home-buying process. Who you work with is super important when buying a home which is why, Bob Lucido Team and Lucido Global, make it our mission to deliver the Ultimate Real Estate Experience™ by providing incredible value and exceptional service. You need a team you can trust. When you buy or sell with us you don’t get just one agent, you get an entire team of real estate professionals working to serve and guide you through every step of the process. If you’re looking to buy a home this year, contact us today for a free confidential consultation! Source
Making it Happen in 2022
It’s a new year… So it’s likely that you’ve made at least one new year’s resolution. Good for you, you took the first step towards self-improvement! But here’s the not-so-good part: only 8% of people are likely to achieve their new year’s resolutions. Yikes. You have to be determined to achieve your goals this year. To help you get in the right mindset for success, we’ve compiled some of our favorite quotes, strategies, and flat-out truthbombs. And now, we present you with our goals + mindset inspiration board for 2022. WRITE IT DOWN. “If you have a goal, write it down. If you do not write it down, you do not have a goal. You have a wish.” - Steve Maraboli We came across some remarkable statistics from a Harvard Business study relating to goal setting and success. 83% of the population do not have goals; 14% have a plan in mind, but goals are unwritten; and 3% have goals written down. 14% who have goals are 10 times more successful than those without goals. The 3% with written goals are three times more successful than the 14% with unwritten goals. Writing your goals down sets you up to be exponentially more successful! MIND YOUR MINDSET. “Watch your thoughts, they become your words.Watch your words, they become your actions.Watch your actions, they become your habits.Watch your habits, they become your character.Watch your character, it becomes your destiny.” - Lao Tzu ELIMINATE NEGATIVITY. “Unfollow your limiting beliefs” -Cara Alwill Leyba KNOW WHAT MATTERS. “Achievers do sooner what others plan to do later and defer, perhaps indefinitely, what others do sooner. The difference isn’t in intent, but in right of way. Achievers always work from a clear sense of priority.” - Gary Keller TAKE MASSIVE ACTION. “The best way to do it is to do it.” Amelia Earhart FOCUS ON WHAT YOU CAN CHANGE. “You cannot change the circumstances, the seasons, or the wind, but you can change yourself. That is something you have charge of.” -Jim Rohn DON’T RUSH IT. “If you’re an overnight sensation, you can be yesterday’s news in no time. Whereas building something slowly and carefully that has quality, that’s what’s going to have legs.” - Anna Wintour BE REALISTIC AND BE REASONABLE. “I realized this week that I just can not do it all. So I will choose to do what I can, fabulously.” - Clinton Kelly KEEP GOING. EVEN AFTER SETBACKS. “Even if you fall on your face, you’re still moving forward.” -Victor Kiam DON’T FORGET TO SELF-LOVE. “Don’t forget to fall in love with yourself first.” -Carrie Bradshaw We hope this helps you achieve your personal goals and journey through 2022! And, as a wise man once penned in The One Thing, “Remember, anyone can do it - not everyone will. The only question is: will you?” If buying, selling, or investing in real estate happens to be one of your goals this year, we’d love to help you make it happen! Let’s chat about your real estate goals. Contact us today!
Download Your FREE Interactive Holiday Social Graphics!
Want to show off the festive things you've done this season, your holiday favorites, or your holiday playlist top picks? Or do you just need something fun and festive to do during your time off this winter break? Either way, we've got you covered! Download and post one of these Lucido Holiday Story Graphics! These are meant for your Instagram or Facebook story. If you're on a desktop, right click on the graphic(s) you want to post and save the image as, or just save the photo/screenshot to your album on your mobile device. Once you seleet the graphic you're posting, you can add text, stickers, draw on it, etc! Don't forget to post a blank version so your followers can screenshot and play along too! Tag @BobLucidoTeam and @LucidoMarketing for a chance to be reposted on our team pages. GRAPHICS: Happy Posting and Happy Holidays :)
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