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Archive for May, 2017

3 Unique Flowers to Grow in Your Garden This Summer

Saturday, May 27th, 2017

1flowersFrom perennials to begonias, the spring planting season is one of the best times of the year for avid gardeners to hit the gardening center and choose from the most popular plants of the year. While green thumbs usually love gardening no matter what, it can be easy to get tired of seeing the same old flowerbeds year after year. If you’re searching for some new items to add to your pots and plots, here are some blooms you may want to test out in the coming gardening season.

Rev Up with Roscoea
This beautiful lilac-toned flower is the perfect perennial for the late summer season with its orchid-like look and brightly colored stems. Of course, don’t let its fragile look fool you – the Roscoea Purpurea is found in the Himalayas and can subsist in an environment that is not too saturated with sun. Even better, it can succeed among vegetation of medium height that will be able to provide much-needed shade and mitigate direct sunlight.

Get Fuzzy with The Fernleaf
With long lasting blooms that appear throughout the summer, the Fernleaf Fiddleneck is a striking plant variety from the Boraginaceae family that is found most frequently in California, Alaska and Phoenix. The fuzzy nature of the blueish-purple blooms add to the foliage heavy nature of this plant, but given its ability to thrive without a lot of care, this type of Fiddleneck is great for a colorful garden that you won’t have to fuss with.

Deck Out with Dahlias
There are few flowers as effervescent and vibrant as the dahlia, and if you haven’t added this striking plant to your garden before, it may be time to go to the nearest gardening center and pick up some seeds. With a wide variety of colorful options and more than 42 varietals, this octoploid flower has the ability to stand up in a hot climate. In addition, once you’ve planted a dahlia and know what it requires, you can try a different color each year to switch up your garden’s look!

If you happen to have a green thumb, there’s a good chance you’ve tired of the typical garden flowers, but there are enough options available out there to make your planting more diverse with each new spring. If you’re upgrading your yard with the plan to sell your home soon, you may want to contact the Santa Fe Team’s real estate professionals for more information.

1For more helpful tips please contact me at 505.780.0310, or email me at moo@moothorpe.com and I will be happy to assist you.

Whether you are selling your home, or buying a home, I can help you with your endeavor

 

 

How to Choose Between Variable and Fixed Interest Rates When Refinancing

Friday, May 19th, 2017

1fixed and variabable

From choosing a real estate agent to find the right home, the process of getting a mortgage is rife with many different choices. If you’re investing down the road, it’s likely that you’ve heard about variable and fixed interest rates and are wondering about the differences between the two and how they can benefit you. While what will work best for you depends on your financial flexibility and market knowledge, here are some basics that will help you decide.

The Details on Fixed Rates
For many homeowners new to the market, the stability of a fixed rate is comforting because the interest rate will be set for the length of the loan period. This means your monthly mortgage payment will be the same and you will not be required to adjust your budget each month. While knowing your rate can offer financial security in a fluctuating market, it may actually end up costing more money down the road depending on what the rates are like over time.

All About Variable Rates
A fixed rate can provide security, but a variable rate is much like it sounds and will fluctuate with the market interest rate. This means that your monthly mortgage payment will not be fixed and in the event of market increases or decreases, your mortgage payment may change markedly. While the benefit of variable rates is that they can actually end up costing less down the road, they can be a burden for those who do not have market knowledge and are going to feel the stress of changing rates.

Choosing Between the Two
While it’s expected that interest rates will rise in the coming years, there are still no guarantees that variable rates will end up costing more than a fixed rate. This means that if you are comfortable with the fluctuations, a variable rate may be better, but if it’s consistency you’re looking for, you may want to choose a fixed rate. If you are struggling with financial stability month-to-month, a variable rate may be more economical over time, but a fixed rate will offer the security of knowing your costs.

There are benefits associated with fixed and variable rates, but it’s important to determine how comfortable you are with the real estate market and your finances before making a decision. If you’re currently on the market for a new home, you may want to contact the Santa Fe Team’s real estate professionals for more information.

1For more helpful tips please contact me at 505.780.0310, or email me at moo@moothorpe.com and I will be happy to assist you.

Whether you are selling your home, or buying a home, I can help you with your endeavor

 

How Accelerating Your Mortgage Payments Can Help Your Credit Score

Friday, May 12th, 2017

1CREDIT SCORE

The tough part might be over after your mortgage has been approved, but it’s still important to keep on top of your monthly payments and maintain a good credit score for your financial future. If you’re currently wondering how increasing your mortgage payments can help your credit outlook, here are some things to consider.

Change Your Payment Schedule
Most people opt for a monthly mortgage payment, which can certainly stretch the budget but is still something that can be maintained consistently. However, what many homeowners don’t realize is that more consistent payments, like a bi-weekly or even weekly payment, can actually pay down the principal that is owed on your home. While this may seem like enough of a benefit on its own, this will also lower the interest you pay on your investment and will mean financial freedom much more quickly!

Make A Lump Sum Payment
Whether you’ve come into an inheritance or received a bonus at work, making a lump sum payment on your mortgage can be a great way of minimizing your interest and improving your overall credit. There are often limitations on the amount of money you can put down, but by adding an additional payment to the amount still owing on your mortgage, you might be surprised by the money savings and the boost to your financial profile.

Limit Your Amortization Period
25 years may be the standard amortization period for a mortgage, but longer is not necessarily better when it comes to your biggest investment. While you won’t want to push yourself too much if your monthly mortgage payment is already high, if you have the financial wherewithal to make a higher payment, it may be worth it for owning your home a little sooner. A shorter amortization period may seem like it will significantly bump your monthly mortgage, but by re-tooling your budget you can get the benefit to your credit score without sacrificing your monthly expenditures.

For many people, it is a month-to-month challenge to stick to their budget and make the monthly mortgage payment, but there are benefits to putting down more than expected. Whether you come into a lump sum amount or want to pay on a bi-weekly basis, extra payments can help to improve your credit and make your investment yours much sooner. If you’re currently on the market for a home, you may want to contact the Santa Fe Team’s real estate professionals for more information.

1For more helpful tips please contact me at 505.780.0310, or email me at moo@moothorpe.com and I will be happy to assist you.

Whether you are selling your home, or buying a home, I can help you with your endeavor

 

The Pros and Cons of Installing an Energy-efficient Tankless Water Heater

Wednesday, May 3rd, 2017

1 tankless waterheaters

There are so many ways in which you can green up your home and make it more sustainable these days that many people are considering tankless water heaters. While this can certainly be the right option depending on the space you have and the type of water you use, here are some things to consider before you decide to invest in the switch.

Maximizing Your Space
One of the biggest issues with a traditional water heater is the amount of space it takes up, whether it’s a side closet or a closed-off area in the basement. Fortunately, one of the benefits of tankless water heaters is that they can be wall-mounted almost anywhere in your house so they won’t need their own separate space. The traditional water heater may be bulky and require an area of its own, but your tankless water heater will not have to work around the needs of the rest of the house!

Heating What’s Needed
While a traditional water heater stores water and will be able to supply hot water at a quicker rate, a tankless water heater works more slowly. Because it is heating the water as it’s being used, it’s only using the energy it needs to provide the water required. While this will have a positive impact on your energy costs over time, it can also mean waiting on hot water a little longer than expected. To go tankless, you’ll require a minimum water flow amount.

Do You Have Hard Water?
A tankless water heater can be more efficient when it comes to space and energy, but if you have an issue with hard water, the tankless option may not be the way to go. Because a tankless heater essentially warms water within the tank, it is vulnerable to scale build up, which can cut into its overall efficiency. While a traditional water heater does not experience this issue, a tankless water heater working with hard water may end up being less useful due to this build up.

There are several benefits associated with a tankless water heater, but it’s important to determine if this option will be truly energy efficient for you before you decide to invest. If you’re currently working on home renovations and are getting prepared to put your home on the market, you may want to contact the Santa Fe Team’s real estate professionals for more information.

1For more helpful tips please contact me at 505.780.0310, or email me at moo@moothorpe.com and I will be happy to assist you.

Whether you are selling your home, or buying a home, I can help you with your endeavor

 

 

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