Mortgage Broker Tips | Great Home Cost Savings
From time to time, we like to post Tips regarding home costs savings and today’s one of those days. As mortgage brokers, we hope to be a full service to you in addition to your home loan needs.
Are you considering a remodel of a current home or one you’ve just purchased? Remember this; like you could forget it, there’s been a downturn in remodels recently so Contractors and subcontractors will work to get your job. They depend on the real estate market just like many of us do, so negotiate the labor costs. What they can’t do, and you shouldn’t expect them to, is negotiate material costs, as they also need to transport materials to the site. They can negotiate the labor costs though. Feel free to acquire numerous price quotes, maybe 3 at the minimum. That way you’ll have much more bargaining room.
Are you tired of that same old dusty couch or chair and in the market for something new? Remember, due to fuel charges shipping, costs are more expensive. Summer is usually the better time to buy. Many smaller furniture stores tend to make deals at this time because they want to move the store’s inventory. You probably won’t have the guarantees that large chains can offer, but most can offer some type of guarantee through the manufacturer. Floor models are often about 25% off, so if you don’t mind something with a little bit of use then that’s always a nice deal.
And what about a mortgage refinance? Rates continue to trend in a very positive way right now for many homeowners. There are expectations the rates will jump up next year as the economy continues its somewhat slow recovery. Contact us today at 415-441-5050×235 to discuss your options. We offer a good-faith estimate so you’ll know your closing costs before you sign on the ‘dotted-line.’ Adjustable rate mortgages have more attractive rates, as do 15 year mortgages. Ask us about those as well.
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