Plans to Make before Closing Day
When you sell your property and buy your next dream home, closing day can come faster than you might imagine. Before you know it, it’s just weeks away! So it’s important to make the proper plans to ensure everything goes smoothly.
Here are the most common plans you’ll need to make:
- Contact the post office to get your mail forwarded. No matter how thorough you are in updating your address with companies you deal with regularly, you’re bound to miss a few. Using the mail forwarding service will ensure you get that mail.
- Double-check that your home insurance will be transferred on closing day, so your new home is covered from day one. Also, don’t forget to update vehicle and personal insurance (medical, life, etc.)
- Make arrangements with utility companies – phone, electricity, heating, etc. – as soon as possible. Remember, you might be closing some accounts and opening new ones. That can take time.
- If you are upgrading your internet at the new home, a visit from a technician might be required. Make that appointment now.
There may be more arrangements to make before closing day. Create a checklist to make getting it all done easier and less stressful!
Should You Buy a Home that Needs Work?
Imagine you find a home on the market that checks all the boxes. There’s only one issue. It needs work. Perhaps the paint has faded, or the kitchen is old, or there are repairs needed.
The first thing you should consider is whether or not the home is otherwise ideal. If it has everything you want — location, size, style, number of bedrooms, etc. — then you may only be a few improvements away from a real gem.
You should also consider how much those improvements are likely to cost. Cosmetic projects — such as painting, replacing light fixtures, etc. — tend to be more affordable. In many cases, those projects are also DIY-friendly. However, major improvements, such as upgrading the kitchen with new countertops, sink, and cabinetry, can be expensive.
Fortunately, homes that need work don’t show as well as pristine listings. So, the cost of doing the improvements you need might be offset by getting the home at a lower price.
The bottom line is, buying a home that needs work is definitely worth considering.
Data Collection & Privacy Protection
Warnings about online security breaches leading to identity theft are often based on worst-case scenarios of scams or viruses, but it’s important to be aware that commonplace online activity can also contribute to the erosion of privacy.
Most people’s social media conversations, browser histories and search-engine activities are constantly contributing to virtual profiles that identify them as prime recipients of automated communications, usually in the form of targeted advertising and news feeds.
For example, if you show particular interest in specific subjects, products or services, you are certain to be exposed to more of the same, curated through an algorithmic analysis of your usage. Fortunately, you can defend against being a target of constant “click-bait” by deleting your internet history on a frequent basis. You can also regularly remove or block website “cookies” that your computer automatically collects and saves to create shortcuts for faster connections when you revisit sites. These “cookies” also collect data about you that is used by online advertisers and curators of content. Furthermore, you can download an advertising blocker that interrupts ads targeted at you.