5 Tips to Help You Save For Your House

I understand saving up to purchase a house can be difficult. Setting your goals, budgeting, setting up a new savings account, cutting costs, and controlling your debt; will allow you to save money easily. Use these helpful tips to help you save for your house. 


  1. Set Goals

The first thing you need to determine is how much you will need to save to buy your home and set up goals to help you reach that amount. You will need a 20% down payment to purchase a house. That can be your first goal. Setting a money goal every month will ensure that you stay focused and reach your final money-saving goal. 


  1. Start Budgeting

Budget, budget, budget! Having a budget and sticking to it is the key to saving money quickly. It is not going to be easy, but it will all be worth it in the end. Every bit of extra money will need to go towards your savings fund. Everyone budgets differently; find a budgeting system that works for you. Finding a budgeting method that works for you will help you reach your goals. 


  1. Set Up a New Savings Account

Saving for a specific goal will be most successful if you put the saved funds in a separate bank account. You don’t want to be tempted to pull from the money you saved for unnecessary spending. When you put aside significant amounts of money when saving for your home, be sure to make your money inaccessible, but you also don’t want it tied up in stocks. Think about using a checking account in a separate bank to help save your money.


  1. Cut Unnecessary Costs

There are many ways to save money. Using a few of these tips will help you cut costs and save money. 

  • Cancel unused subscriptions
  • Meal Prep
  • Stop eating out
  • Cancel vacations and expensive outings
  • Have regular spending freezes
  • Learn to say no

Using a few of these cost-cutting tips will help you save faster and help you stay on task.

  1. Control Your Debt

It is essential to control your debt when saving for a home. Carrying a lot of debt can make it difficult for you to save. Having a lot of debt means a big part of your income goes toward the payments. Controlling and lowering your debt will help you qualify for a mortgage. Do whatever you can to reduce your debt. 


Don’t get discouraged if you have a hard time saving money. Remember to set goals, budget, create a new savings account, cut costs, and lower your debt. All of these tips will help you save and purchase your home. For more helpful information, go to www.nancyopensdoors.com.

The Importance of Good Customer Service

The Importance of Good Customer Service


Why is customer service important? Building a new business a customer’s happiness is one of your top priorities. Happy customers mean more money, growth, and sustainability. Good customer service is beneficial to your business, and here are some reasons why.


  1. Revenue Increase

Revenue determines every business decision that needs to be made. Customer service is important because it correlates to income. The more satisfied the customer is with your service, the more they will want to continue doing business with you. 


  1. Better Reputation

Reputation goes a long way in business. Having a positive reputation leads to higher growth. It can attract customers, partnerships, and investors. Buying a house can be overwhelming; a recommendation from a friend can often tip the scales. Improving your reputation starts with excellent customer service. 


  1. CLTV Improvements

What is CLTV? CLTV stands for Customer Lifetime Value. CLTV can reveal the potential amount of money a customer brings to your business over time working together. CLTV also correlates with revenue. Good customer service means higher engagement which leads to more money. 


  1. Brand Awareness

Whether it is positive or negative, a customer’s experience plays a significant role in brand awareness. These experiences often lead to word-of-mouth advertising. You must build a brand awareness strategy around customer loyalty. By creating brand awareness, the approach can help you provide a positive experience for your existing customers and have them raving about your brand. 


  1. Business Longevity

As a business owner, you take a huge risk when starting a business. Providing excellent customer service helps keep your business moving and minimize losses. Your business longevity depends on your customers, and your customer service will always determine the number of customers you have. 


It is vital to remember: happy customers spend more, satisfied customers advocate on your behalf, and focus on your customer, and your work will be more efficient. Remembering the tips given, you can improve your customer service and understand why it is essential to your business.

Top 5 Features to Look for When Buying a Home

Top 5 Features to Look for When Buying a Home

Location of the House

Location! Location! Location! Yes, the site of your house is essential. You want to find a location that allows easy access to the places you frequent the most, such as work, school, grocery store, etc. You want to make sure you investigate how accessible the main roads are and the traffic flow. These things will help you determine which location is best suited for you. Whether it is near a busy city or a small town, be sure to ask your realtor about your preferences. Your preferences in location will determine how much you will pay for your new home.

The Size of the Lot

People tend to give little thought to the size the shape of the lot, the length of the driveway. Take into condition whether you want a corner or an interior lot. If you ever have questions about where one lot begins and one ends. Look up the lot description and dimensions with the realtor.

Number of Bedrooms

Whether you are single or have a family, you should know the number of bedrooms you would like to have. Why, may you ask? Most home buyers want at least two bedrooms. Families with children would need to accommodate them. Think about your lifestyle. Extra rooms can be used for several things—for example, a guest room, exercise room, home office, or a playroom. Your lifestyle is a significant influence in the home buying process, so you need to find ways to enhance it.

Number of Bathrooms

Do you know how many bathrooms you will need? Keep in mind older homes may only have one bathroom. Many home buyers would look for ways to add another bathroom. Consider if that is feasible for you. Newer home models may have two or more bathrooms, but they may not have a shower or have a tub. It is essential to know your preferences and do your research before purchasing a home.


Age of the House

Suppose you are on the hunt for homes that meet your requirements and are in your price range. You may run into homes that are on the older side. Older homes have tons of character, but they may need upgrades and repairs. You want to make sure you are prepared to perform those repairs. Research is always essential when it comes to the age of a home. You want to make sure you have the time and the budget to purchase an older home. Remember, building codes change every year. Have a good understanding of code changes. Whether you are looking for a vintage or modern style home, age does matter.

Signs You Should Purchase A House

1.You’ve Got Your Debt Under Control

Do you have your debt under control? Before you purchase a house be sure you are debt free. The extra cash flow will allow you the flexibility to spend more on a home rather than on your debt. 


2. Your Credit Score Is On The Rise

Credit is important. Your credit score will play a major role in your ability to get a home loan. Your credit score is usually lower when you are younger, and at the start of your career. As you prove yourself to be a dependable borrower as you pay down your debt, your credit score with go up. With a credit score of at least 620 you can qualify for most mortgages. 


3.You Have A Down Payment

How much do you have saved? You can save thousands of dollars in insurance costs over time with a strong down payment. Most of the time you will find that there are few benefits when bring a large down payment to the table. You can avoid paying for private mortgage insurance by putting a 20% down payment (PMI). PMI is a type of insurance that protects the lender if you default on your loan. Lenders require that you PMI if you do not have a 20% down payment. If you have not already, it may be time to start saving your money. 


4.You Are Steady In Your Lifestyle

If you are ready to settle down, stay in one place for at least a few years, may be purchasing a home might be a smart move. Yes, buying a home is a big commitment so is a mortgage. If you do not plan on staying in your home for long or do not know where you career is going then reconsider buying a home. 


5.You Need More Space

Everyone needs space. If you are thinking about starting a family, you might want to consider expanding your space. Having an extra room can make a enormous difference. 


6.You Have Considered The Cost Of Homeownership

Being a homeowner goes far beyond monthly payments. Here are some costs of owning a home:

  • Insurance: Legally you are not required to carry homeowner’s insurance, unlike car insurance. Mortgage lenders require you to have adequate insurance as one of the conditions of the loan. Homeowners pay on average $100 a month for homeowners’ insurance. 
  • Property Taxes: No matter where you live you must pay property taxes. Property taxes go to your local governments and pays for fire department public schools, ect. Property tax is calculated by local government as a percentage of your home’s value. The more your home is worth, the more you’ll pay.
  • Closing Costs: Closing costs are expenses you pay to close on your loan one-time only. Usually you can expect to pay between 3% to 6% of your total loan value. Closing costs may include title insurance, lender fees, attorney fees and more.
  • Utilities: Owning a home is different from renting one. Your landlord might cover some of your utilities when you rent but when you own your home you have extra expenses. You need to make sure you can cover your water, trash collection, electricity, and sewage bills every month. 


10 Questions to Ask Your Real Estate Agent Before Hiring Them


  1. Years of Experience – How long have you been a licensed agent?
    • Knowing the years of experience of your Real Estate Agent is important because it gives you an insight to their track record. Agents that have renewed their licenses multiple times usually have a higher and more consistent rate of closing deals.
  2. What’s your specialty? Is your specialty commercial or residential?
    • Knowing the difference between Real Estate Agent specialties can help you determine which agent is right for you. Residential Real Estate Agents focus on single family homes and one to four-unit rental residences. Commercial Real Estate Agents focus on business properties, anything with five or more units.
  3. Are you full time or part time?
    • Is your realtor part time or full time? If your realtor is part time, they may not have time to focus on your wants and needs. Your realtor needs to know the real estate market. The real estate market can be demanding and time consuming. A Real Estate Agent that is full time has more time to focus on your needs. Full time realtors also have more experience since their time allows them to work more hours. 
  4. Do you work alone or with a team?
    • Hiring a realtor that works with a team or works solo comes down to what you prefer. If you prefer working with one realtor, it could provide less stress and less people you have to communicate with. If you prefer working with a team of agents, you will have more people to communicate with. 
  5. How many homes did you close in the past year?
    • You should know how many homes your realtor has sold in the past year. Ask if you can see a listing from a past transaction. It can provide comfort to see if the realtor has a high closing rate. It also helps to know how many homes similar to your own they have sold. Experience plays a factor in the number of homes that your realtor has closed.
  6. How long does it typically take buyers you’ve worked with to find and purchase a home?
    • The time it takes to find and buy a house is different for each client. On average a home buyer can spend a few weeks or months to pick and close on a home.
  7. How do you determine what homes match my interest?
    • Your realtor should ask you what you are looking for. Your realtor should know what area you want to live in, the budget and specifics that you are looking for in a home. Knowing that information allows your realtor to find the right home for you.
  8. How will you keep in contact with me during the buying process?
    • There are many ways for a realtor to contact you during the buying process. It is important to have parameters set up with your realtor in terms of communication. Providing your primary contact information to help contacting you is easy.
  9. How often will you contact me during the buying process?
    • There are many ways for a realtor to contact you during the buying process. You can ask your realtor to provide weekly or daily updates. Communicating with your realtor in the beginning of the buying process and telling them how and when you want to be updated is important.
  10. What percentage of your business is home buyers?
    • Knowing the percentage of your realtor’s business is important because you want to know if they are working with home buyers like yourself. To find this information you can ask you realtor or search via internet for your realtor’s statistics.

What to Expect When Buying a Home

How do you navigate the home-buying process? Nancy walks you thru her GPS system that guides you along the way.