CREDIT SCORE NO-NOS

An important part of buying a house is getting your financial life in order. One reason is that the higher your credit score, the better rate you’ll secure for your mortgage. Mortgage lenders look at your credit score to determine how smart and diligent you are about managing your debt, which could indicate how disciplined you’ll be about making your mortgage payments on time.

If you’re preparing to buy a home, here are some things you’ll want to avoid that can negatively impact your credit score.

NOT CHECKING YOUR CREDIT REPORT

Preparing to buy a home means you need to check your credit report. Around 25 percent of credit reports contain errors, which can negatively impact your credit score. You can check your report for free every year. If you find any mistakes, including an address or credit card that isn’t yours, you should take the necessary steps to have the error corrected.

MAKING LATE PAYMENTS

Think it doesn’t matter whether or not you pay your bills on time? Think again. Your payment history is a significant factor in determining your credit score. The more often you make late payments, the lower your score will be. If you find yourself behind on a payment, call the customer service department. In some cases they will give you a goodwill adjustment or delete the incident from your history if it was the first time.

CLOSING AN OLD ACCOUNT

While paying off and closing an old credit card seems like it would be a good idea, it’s not advisable to do it before you apply for a mortgage. Closing old accounts can decrease your credit history while increasing how much of your available credit you’re using. Avoid closing your oldest card if at all possible.

NOT PAYING YOUR TAXES

If you rack up unpaid state and federal taxes, it can damage your credit for up to 15 years – not a great idea if you’re hoping to buy a home. In addition, tax liens that are paid remain on your report for seven years. Pay those taxes, folks.

FINANCING A MAJOR PURCHASE

If you’re getting your finances in order to buy a home, avoid using credit to finance a major purchase such as a car, appliance or vacation. Up to a third of your credit score is influenced by how much debt you carry and affects your debt-to-income utilization ratio. The more debt you take on, the lower your credit score will be.

NOT PAYING PARKING TICKETS OR LIBRARY FINES

This may come as a shock, but that $4.25 you owe the library can actually harm your credit score. And if you’re sitting on parking tickets, get those paid off as well. More and more local governments are reporting these types of unpaid fees to collection agencies, which will then show up on your credit report, negatively affecting your score.

In the end, being responsible about your purchases, making your payments on time, settling debts and being diligent about spotting errors are the best ways to make sure your credit score is as high as it can be.

BIG LUXURY ON A SMALL BUDGET

You don’t have to be a billionaire to enjoy a little luxury. With some smart choices and a bit of imagination, you can live a champagne lifestyle on a beer budget. Here are some strategies to maximize the luxuriousness of your home and life while minimizing the amount of money you spend.

FOCUS ON QUALITY, NOT QUANTITY

Living a minimal lifestyle has been popular in the media lately, whether it’s following Marie Kondo’s advice about tidying your home, or transforming your closet into a capsule wardrobe. What each of these concepts stresses is prioritizing quality over quantity. Instead of purchasing 12 trendy, discount home décor pieces that you kind of like, why not save that money and splurge on one quality, timeless piece that you really love and that you’ll use for years?

BRIGHTEN A ROOM WITH FRESH FLOWERS

Ever notice when you walk into a room that has a vase of fresh flowers, it just feels a little more special? There’s no reason you can’t have that feeling all the time. Fresh flowers can be very inexpensive – you can even gather some from your own yard. For an added bit of luxury, put them in a special pitcher or vase that you might normally only use on special occasions. There’s no reason every day can’t be a special occasion!

BUY VINTAGE FURNITURE

You can make your home look fabulous for far less money if you’re willing to buy some of your furniture secondhand. Not only will you save, you’ll likely get a higher quality item with unique character than if you spent the same amount of money in one of today’s big box retailers. Check local thrift shops, online classifieds and yard sales to score some great deals.

SPLURGE ON GOOD SHEETS

One place in your home where luxury really counts is the bedroom. But instead of splurging on a fancy duvet or bedroom furniture, use your money to invest in a good set of sheets. There’s nothing quite like slipping into bed every night wrapped up in luxurious fabric. And think of how much better you’ll sleep and feel in the morning!

USE THOSE FANCY SOAPS AND CANDLES

If you’re like many people, you’ve probably amassed a collection of fragrant soaps and candles during the years. And like most people, you’re probably saving them for company or for a special occasion. But there’s no reason to wait! Bust out those wonderful soaps and candles and use them around your house. You deserve it.

TAKE ADVANTAGE OF FREE LOCAL EVENTS

Communities across America host free events all the time. Have you ever actually attended any of them? There are so many fun activities to enjoy, from free outdoor movie nights at the park to the book club at the library. Search for free events in your area using Google and check the websites of your local library, parks and schools for fun activities happening in your area.

So there you have it! You don’t have to be rolling in cash to enjoy a little luxury in your life. Try one of these tips and you’ll be well on your way to living a more pampered and luxurious lifestyle!

DECORATING WITH FAMILY HEIRLOOMS

We understand the dilemma – you absolutely love the handmade patchwork quilt you inherited from your grandmother, but it really doesn’t go well with your Mid-century Modern décor. Or perhaps your spouse owns of collection of antique books that have been passed down from generation to generation – but you’re just not sure how to display them. No matter what the situation, it can be tough to work family hand-me-downs into your aesthetic.

But that doesn’t mean you can’t find a way to make it work. Here are the best ideas we’ve found to decorate your home with your cherished family heirlooms.

HANDLE WITH CARE

When dealing with family treasures, you should treat everything with more care than you might with something you picked up at Target. If you have anything framed, be sure to use archival quality, acid free products. If an item is damaged, say an upholstered chair has a tear or a secretary desk has some chips, have it professionally repaired, instead of trying to fix it on your own. Many items may lose value if they aren’t repaired or restored properly in a way that’s in keeping with the period they are from.

DON’T BE AFRAID TO MIX STYLES

When the bulk of your home décor comes from the same store or is in the same style, it can look a little static, like it just leaped off the pages of a catalog. By mixing in family treasures and pieces from other eras, you give your space depth and character. In fact, those family heirlooms tell a story and could be a wonderful conversation starter for when you have guests. So don’t be afraid to pair that metal and glass table with a Victorian-era lamp.

UPDATE PIECES THAT ARE TIRED OR WORN

Perhaps you have a set of dining chairs from your grandmother that you love, but have seen better days. Why not give them a modern facelift, especially if you’re not concerned about devaluing the pieces. Paint them a bold color and reupholster the seat with a vibrant fabric that gives a modern look to a vintage silhouette. The result can be very exciting and really enliven your space.

GROUP ITEMS INTO AN ECLECTIC COLLECTION

Do you have a box of old skeleton keys from your family ‘s previous homes? Why not display them as a collection? Has your family been collecting seashells from every beach vacation for the last 50 years? Put them in a beautiful glass apothecary jar and display it on a bookshelf. And those antique books and typewriter will look amazing as a display in your home office. Let your imagination help you find how the items you’ve inherited are connected, and use that to guide your displays.

LET GO OF OBLIGATION

One important thing to remember when choosing how to use heirlooms in your home, is that you should not feel obligated to display them. Some items just aren’t your taste or style, and that’s okay. If you don’t love an item, or it doesn’t bring you happy memories, it’s perfectly acceptable to pass it to another family member or keep it in storage.

IS A TOWNHOUSE RIGHT FOR YOU?

If you’re in the market for a new home but aren’t sure you want a big yard to take care of, you’ve probably considered buying a townhouse. But do you really know what you’re getting? While it may seem natural to lump apartments, condos and townhouses together, there are distinct differences between them. Here’s what you need to know to decide whether or not a townhouse is right for you.

What is a townhouse?

A townhouse is generally described as a two-to-four story building that has common walls with neighboring properties. You may also sometimes hear a townhouse referred to as a row house. Townhouses can be found in every type of community, from rural to metropolitan neighborhoods. The building is on a very small footprint, and usually contains a tiny landscaped yard. Generally speaking, living rooms and kitchens are on the first floor, while bedrooms are on the upper floors. Many townhouses also include garages in the front or back.

What is the difference between a townhouse and a condominium?

While most people think of condominiums and townhouses interchangeably, there is one distinct difference. With a condo, you own only the airspace inside the walls. But with a townhouse, you actually own the little piece of land that the house sits on. So if owning a piece of property is important to you, then opt for a townhouse over a condo.

How is maintenance handled for a townhouse?

A townhouse community often contains shared amenities, such as a pool or rec room. As a result, most townhouses require monthly payments to a Homeowner’s Association (HOA) to keep up with maintenance costs of these shared spaces. HOA fees can also cover the upkeep and maintenance of your yard and the exterior of your home.

What are the pros of a townhouse?

Some of the reasons that homeowners enjoy living in townhouses include:

* Not having to deal with upkeep of outdoor spaces, like cleaning up leaves, mowing the lawn or snow removal.

* Owning the land on which the townhouse sits.

* Having neighbors nearby, so it’s great for security and for those who want to feel like their neighbors are looking out for them, especially the elderly or those with medical issues.

* Having interior finishes that are more modern or luxurious than what you could afford in a single-family home.

* Traveling is easier with a townhouse, as security and upkeep are generally taken care of for you.

What are the cons of a townhouse?

Here are some things to consider that might make townhouse living less than ideal for you:

* Not having as much privacy as you would with a single-family home.

* Sharing walls with your neighbors on either side.

* Not having a yard if you enjoy gardening or want a big outdoor space for your kids or pets to play.

* Having less freedom with your outdoor decorating style, as you’ll need to follow the guidelines established by the HOA.

* Having no room to expand, especially if you are considering growing your family or you anticipate having an elderly parent move in.

CURB APPEAL ON A BUDGET

Spring is just around the corner. If you’re getting ready to put your house on the market, that means it’s time to add a little pizzazz to the exterior. First impressions count in real estate, and making your home look inviting on the outside will coax more buyers through your front door. Since spring is one of best times to make your home look stunning, we thought we’d share our tips on how to spruce up your curb appeal without emptying your wallet. And the bonus is that these projects will only take a weekend to complete.

Clean up the yard

Your yard probably took a beating over the winter. With the weather warming up you have no excuse to skip what is arguably the most important part of curb appeal – a tidy yard. The best part – you can do this without spending a dime. Mow the lawn if needed and collect any fallen leaves and debris. Trim trees and bushes and weed flowerbeds.

Paint the front door

Another easy and inexpensive idea to brighten up your home’s exterior is to give your front door a fresh coat of paint. For about $30 and one afternoon, your front porch can go from bland to beautiful. Choose a bold color that complements the exterior colors to create a strong focal point that will draw the eye (and the buyers) in.

Update your house numbers

When was the last time you got new numbers for your house? If you can’t think back that far, then now is a great time to invest in some new ones – especially if their style is a little dated. You can purchase single numbers at home improvement stores for as little as a few dollars each, or splurge and buy a custom-designed plaque that matches the exterior of your home for under $100.

Replace the mailbox

If your mailbox is cracked, broken or faded from being in the sun, why not replace it with a new model? This is another great way to add some personality to your front yard without spending too much money. Choose a mailbox that coordinates with your front door and your home’s exterior. Check out these mailboxes, some of which can be purchased for less than $20.

Upgrade the porch light

A porch light that’s been hanging around for a few decades can really date your home. For as little as $30 you can switch out your old and dirty light for something new, clean and more modern. Again, choose a style that matches your home’s exterior, especially if you’re also replacing your mailbox and house numbers.

Add annual color

Want to add an instant pop of color to your front yard that doesn’t require much work or money? Then you want annuals. Annual flowers like petunias and impatiens only last for one season and are planted when they are already in bloom. For under $100, you can pop some into your garden beds or add some decorative pots to your front porch filled with flowers for a cheerful boost that practically begs people to stop and admire them.

PROS AND CONS OF BUYING A FULLY FURNISHED HOME

Are you a first time homebuyer nervous about adding the cost of furniture to your big move? Or perhaps you’re thinking of buying a vacation home, but don’t want the added expense of furnishing it? Maybe you’re a busy professional who needs to streamline the purchase process so that you can jump right into your new job? Whatever the case may be, buying a home that comes fully furnished may be just what you need.

If you’re thinking about buying a fully furnished home, here are the pros and cons you should take into consideration when making your decision.

PROS OF BUYING A FULLY FURNISHED HOME

Buying a furnished home:

* Can save you money, sometimes thousands of dollars, instead of buying brand new furniture.

* Is a great choice for first time buyers who may not have all they furniture they will need for the house.

* Is perfect for those buying a second home or vacation home and want a property that is move-in ready at closing.

* Is ideal for those who don’t like shopping for furniture.

* Can be smart for those who are short on time, such as people who have demanding jobs or families with young children.

* Can make moving in easier and faster, which is perfect for those who need to relocate quickly.

* Can save you the headache of packing up and moving all your belongings to a new location. Just pack up some suitcases with your clothes and personal belongings, and move right in!

CONS OF BUYING A FULLY FURNISHED HOME

Purchasing a home that comes with furniture:

* Means there are more details to attend to in the closing process. You will need to complete an exhaustive list of every item included in the deal, which will be part of the contract.

* Means you may need to get a separate loan for the furnishings.

* Might not be a great choice if you have very specific taste in furniture. You’ll want to make sure that the furnishings that are included in the house are to your liking.

* Can be a gamble, as you don’t know the history of the furniture. You will want to take the time to inspect every piece that comes with the house. Turn on all the lamps, look at all the couch cushions and make sure all the appliances are in good working order.

* May mean that you overpay for the furnishings you’re getting, if the seller is particularly emotionally attached to them.

* Could kill the deal if the buyer and seller cannot come to an agreement on what furnishings are included and what the selling price of those furnishings should be.

* Means that you will need to put down a larger down payment, since the total cost of the home will include the price of the furniture.

Ultimately, the decision to buy a home that is fully furnished is a personal one. You will want to determine if the amount of money you will pay for the furnishings will actually save you time and money when you move in. Take time to fully assess what you are agreeing to so you know whether you are getting a good deal. If the deal looks good and you like the idea of owning a turnkey home, it could be the perfect solution for you.

CREATE PRIVACY IN YOUR YARD

Even though you may love your neighbors, sometimes you just want to step outside for a little fresh air without having a conversation. With lots becoming smaller and the houses that sit upon them bigger, it’s becoming increasingly difficult to maintain a sense of privacy in your own backyard.

If you’re hoping to find some solitude, then check out these great solutions for keeping out the curious onlookers and turning your backyard into a private oasis.

Create a living barrier

While constructing a fence seems like the most obvious solution, it can feel like you’re cutting yourself off from the rest of the community. Not to mention that sometimes fences can be less than aesthetically pleasing. So why not create a living fence? Living fences can be grown from just about anything, including trees, shrubs, flowering bushes and bamboo. Choose plants that fit your climate and provide visually appealing barriers between you and the neighbors.  While it may take time for your living fence to fill in, the end result will be something both you and your neighbors can enjoy for years to come.

Install a pergola

While it doesn’t block out nosy neighbors entirely, a pergola can be a great choice – especially for those whose backyards have great natural views that shouldn’t be blocked. The columns can provide a little privacy while vines growing up and into the canopy can keep the people in houses above from seeing you. The plants will also keep your seating area shaded, perfect for sunny summer days.

Use curtains around seating areas

Maybe you just want to have a little privacy when you’re entertaining outside. Outdoor curtains placed around a patio or deck can be used when you want to create a private retreat. Not only can they create a cozy outdoor room, they can also enhance your décor. And when you want to enjoy the full view of your backyard, all you have to do is tie them back. This is a great option when you want the best of both worlds. Just be sure to choose curtains made with outdoor fabric that resists fading and mildew.

Build a trellis

A trellis is the perfect solution for homeowners who want to interrupt sight lines without walling in their entire backyard. A trellis can be used to support climbing plants or flowering vines that create a beautiful focal point in your outdoor space. It can even be used as a vertical garden to grow vining vegetables such as beans or peas.

Assemble tall garden pots

Using an array of tall garden pots planted with shrubs or ornamental grasses can also help to create a sense of privacy when they are placed close together. The advantage to using pots is that they can be moved, so you can create privacy wherever you need it.

Mask sound with a fountain

When we think of privacy, we often think of protecting ourselves visually. But don’t forget about sound! Conversation travels, as does traffic noise. You can create a greater sense of privacy in your backyard space by installing a fountain. The soothing sounds of trickling water will not only give your backyard a peaceful feeling, but they’ll also block out ambient noise.