Call or Text Kevin Duffy for more info 513-602-6000
Stunning and & meticulously maintained 4BR with great updates.Private wooded backyard retreat w/ expansive deck& screened in porch, view of the creek -on a cul-de-sac st.Finished LL walkout with exquisite design w/shiplap, barn doors, natural wood, wet bar, fireplace& bathroom. Stunning Acacia teak wood floors on first lvl and Master.Custom built-in cabinetry & crown molding.Extended 3 car garage w/added storage in basement
· Added a covered, screened-in back porch with stone detailing
· Added expansive deck for view of the creek below
· Lawn sprinkler system
· 17’ retaining wall, landscaping, and rock beds make for easy hillside maintenance
· Retaining wall and special grade for swingset, play area
· Expanded driveway
· Butler’s pantry
· Installed high-end granite countertops & tile backsplash with designer accents
· Installed solid wood cabinet doors, refinished with paint & custom glaze; added crown molding and lighting to cabinets
Family & Dining Room
·Installed hardwood acacia teak floors
·Built-in custom wall unit with closet, cabinets, drawers and lighting
·Upgraded pad & replaced carpet in bedrooms in 2016
First Floor Bath
·Tiled accent wall
·Added a large picture window for expanded view of woods
·Installed hardwood acacia teak floors
·Upgraded master bathroom with solid surface shower, iron shower pan, and penny tile flooring
·Installed crown molding
·Finished with exquisite design including natural wood, shiplap, wet bar, fireplace, bathroom
·Included 1” modular underlayment for padding & water protection, plus upgraded pad & carpet for softness & warmth
·Storage area with counter workspace
·Installed water softener & humidifier
· Built in cabinetry
· Added utility sink
Line up your cash and other resources to set yourself up for home-buying success.
Getting your finances in order can help you buy a home in the new year.
This is it: 2017 is the year you will finally buy a home! But even once you’ve made the ultimate decision to make the leap into homeownership, your hard work is far from complete. Buying a home is a big commitment and costs a lot of money — and getting the mortgage you want at the best interest rate possible is enough to stress anyone out. Organizing your financial house, so to speak, can help reduce that stress and set you up for home-buying success.
Whether you’re eyeballing a home for sale in Jacksonville, FL, or a humble abode in Phoenix, AZ, you can take action to prep your bank account and savings to be ready to buy a home in 2017. So, if your goal is to nab the keys to a brand-new place, these six steps will help you get organized, stay on track, and fund your dreams.
1. Set a specific goal
It’s hard to make a plan of action if you don’t know where you want to go. Look at how much it will cost you to buy a home in 2017. What amount of money do you need to save for that down payment? Your best option is to save at least 20% of a home’s purchase price. This allows you to get better options when it comes to mortgages and interest rates, and it means you avoid the extra cost of PMI (private mortgage insurance).
Once you have the specific target number in mind, you can break it down by month. If you want to save a total of $20,000 before you buy, for example, you need to put away about $1,667 per month to meet your goal at year’s end.
2. Designate a savings account just for your down payment fund
You can stay organized by putting the money you save for this specific purpose into its own savings account. Online banks like Ally or CapitalOne360 offer great options, because they allow you to have multiple accounts that you can designate for specific goals. (CapitalOne360 allows up to 30 accounts without a fee!)
Online banks also tend to offer higher interest rates in the current low-rate environment than traditional, brick-and-mortar banks. But that’s not a hard-and-fast rule. Shop around and look for a bank (or credit union) that offers the best savings account option, with the best interest rate — and don’t settle for an account that charges you fees. There are too many no-fee options available.
3. Create an automatic transfer
You have your specific goal and now you know where you’ll put that money while you save. The next step: Set up an automatic transfer from your checking to that designated savings account. Setting up an automatic transfer is a great way of “paying yourself first.” You prioritize your savings by moving it into the designated account first. This means you won’t be tempted to spend that money like you might if it sat in your checking account for a while before you made the conscious decision, month after month, to transfer it to savings.
It also means you’ll make progress toward your savings goal even if you forget about it one month (or two). An automatic transfer means you won’t fall short of your goal at the end of the year simply because you forgot to move the money to the right savings account.
4. Revise your budget to cut costs
Depending on how much you want to save for a down payment, you may need to move a lot of money from checking to savings each month. This can severely limit your cash flow and leave you short in other areas of your budget. To prevent this, review your budget with your monthly savings goal in mind. Where can you cut costs so you can afford to save this much per month? Start by looking at your discretionary income. You don’t need to eliminate everything, but could you cut back on how much you spend to eat meals out, for example?
Don’t forget to evaluate your bills and living expenses too. While you may not be able to cut these costs entirely, you can take action to reduce them. Call providers and ask about discounts or lower-priced options. Every little bit of expense you can eliminate makes it that much easier to add to your savings so you can stay on target.
5. Allocate extra funds to your home-buying goal
In addition to freeing up money from current costs in your budget, you can allocate any extra money you make to your down payment fund. This can accelerate your progress toward your ultimate savings goal — and even help you exceed it. Put any kind of windfall toward your designated savings account. This could include overtime pay, quarterly or annual bonuses from work, or extra money you make on the side (but be sure to set aside funds to cover taxes on your added income). Allocate at least half of cash gifts to savings too.
6. Resist making massive transfers before you apply for a mortgage
You’ve worked hard to save up the money you need to buy a home in 2017. You know your home-buying budget, you’ve identified a lender, and you’re ready to apply for a mortgage. Now is not the time to do anything drastic with any of your bank accounts. Remember, when you apply for a home loan, the lender will carefully scrutinize all of your financial activity. You’ll need to explain the source of any large transfers and provide documentation for proof.
Talk to your lender about what kind of funds they’ll approve and what cash they won’t allow you to use toward a down payment. Ask what documentation or proof you need for different kinds of transfers. Doing so now will help you prepare to buy a home in 2017 and secure the mortgage you need to help you reach your goal.
Are you planning to buy a home in 2017? Share your best planning tips in the comments below!
ECS Construction Services specializes in design and construction for residential and commercial concrete projects throughout the greater Cincinnati area. Their experienced team offers concrete driveways, concrete sidewalks, concrete walkways, concrete patios, concrete retaining walls, pool decks, sports courts, decorative surfaces and more.
Here we are raising a garage slab floor that dropped about 1 to 2 inches because the builder did not properly backfill during the construction process.
Cyndee is a Certified Luxury Home Marketing Specialist (CLHMS) which demonstrates her proven results in selling luxury homes $500,000 plus as well as a Certified International Property Specialist (CIPS) experienced Estate Agent.
These are the people I meet with every year in order to stay on the leading edge of Real Estate Technology and Marketing.
All brick, two story executive home located in Polo Fields.4 Bedrooms,4.5baths,bonus room upstairs,front & back stair cases,and a room off the full bath that can have many uses.There is a large living & office rounding out the main floor.Wonderful level backyard with a screen porch & paver patio.spacious 3 car garage Finished LL w/ Bar & Media Room