Maine Real Estate and Community News

 If you're looking to be a homeowner this year, this is a good tip to remember.

When applying for a mortgage, it's important to know what kind of documentation you'll need ahead of time. This will make the process faster and smoother.

Which room in the house has the highest ROI?

Decluttering not only makes your space look better, but it can also help you feel more focused and motivated.

Buying a home is a big purchase and requires a bit of a down payment. Perhaps you want to buy your very first home. Or perhaps you are dreaming of having a coastal waterfront retreat or lakefront camp in Maine. 

Now think back to all of the purchases you’ve made last year. How many of those purchases did you actually use? How many of those were a disappointment and could not easily (or cheaply) be returned? For most of us, very few of the many purchases we make improve our lives.

Instead, we are buying things we see online and think will make us happy. The best way to ensure that you are spending your hard earned coin on things you actually need is to stop being impulsive about our purchases. 

I wonder… 

How much did you spend just on Amazon purchases last year? (Don’t get me wrong I have nothing against Amazon…living on the Coast of Maine Amazon is a great way to find things not available nearby due to limited shopping…) 

How much did you spend on impulse purchases last year? 

And what if you saved that money to buy a home or investment property? What would that do for your wealth and overall happiness?

Below are 5 quick tips to end the year off on the right note: 

1. Don’t Scroll Through Social Media Before Bed the target ads will get you. There is a reason people pay influencers. 

2. Avoid Scrolling through Online Shops as a way to kill time. What you don’t find on a whim… you won’t buy.

3. Avoid Shopping the Sale Section - There are rarely items you “need” in that section.  

4. Know Your Why. Make your long term saving goal bigger than your impulsive wants. 

5. Use a Budget App so that you can see what you are actually spending. 

Reevaluate your spending habits and get to saving. Perhaps your dream property in Maine will come faster than you imagine.

Are you having trouble know what to keep and what to get rid of?

Which one is more your style?

Breaking things up into daily, weekly, monthly and quarterly tasks is a good way to not get overwhelmed.

New Year- time to declutter your house!