Change the Direction of Your Fan Blades for Winter

Change the Direction of Your Fan Blades for Winter

Most homeowners buy ceiling fans to keep cool in summer, but fans can help you stay comfortable year-round. With a few simple adjustments, you can change the direction of your ceiling fan blades to help your home stay warmer this winter. Help your fan do a 180. Change the turning direction of the fan blades to disperse unused warm air throughout your house. We’ll show you how.

What’s in it for you?

  • Stay warmer in winter
  • Keep your energy use and utilities low
  • Get the full benefits of your home features

 

change direction of your fan in winter

How to Change the Direction of Your Fan Blades for Winter:

  1. Turn your ceiling fan on to observe the direction it’s currently turning.
    In summer, the blades on your ceiling fan should turn counter-clockwise. This pushes cool air down and helps warmer air in your living space rise. You want the opposite to happen during the winter months. By switching the blades to turn clockwise, the fan will draw in the warm air from the ceiling and spread it throughout the room. Unless your blades are already turning clockwise, you’ll need to change their direction. This is easy for any homeowner as long as you have safe access to your ceiling fan.
  2. Turn the fan off so you can adjust it without injury.
    Spend a few seconds on safety. Shut your fan off, and make sure it’s done turning before attempting any changes.
  3. Use a ladder to safely access the ceiling fan base.
    Is the fan too high to reach on your own? You’ll need a sturdy step ladder or trestle extension ladder to reach your fan. If you don’t have a ladder tall enough for the job, try an extendable grabbing tool with rubber ends, to protect your fan’s finish.
  4. Locate the ceiling fan spin direction switch.
    On the body of your fan, you’ll find a small switch that controls whether the blades turn clockwise or counterclockwise. Generally, the top or left-hand setting is for summer and the bottom or right-hand side is for winter use. Check your owner’s manual to make sure of your unit’s settings, then flip the switch into place.
  5. Turn the fan on again to make sure it’s turning in the proper direction.
    Ceiling fan parts wear out over time, so you may find the direction spin switch doesn’t function. If, after moving the switch to the clockwise setting, it’s still moving in the opposite direction, call a professional for repairs.

2 Myths Holding Back Home Buyers Seeking Homeownership

In a recent article, First American shared how millennials are not really any different from previous generations when it comes to the goal of homeownership; it is still a huge part of their American Dream. The piece, however, also reveals,

 “Saving for a down payment is one of the biggest obstacles faced by first-time home buyers. Dispelling the 20 percent down payment myth could open the path to homeownership for many more.”

 Myth #1: “I Need a 20% Down Payment”

Buyers often overestimate how much they need to qualify for a home loan. According to the same article:

“Americans still overestimate the qualifications needed to get a mortgage, resulting in qualified potential buyers not even considering homeownership. Indeed, the Urban Institute report revealed that 16 percent of consumers believed that the minimum down payment required by lenders is 20 percent or more, and another 40 percent didn’t know at all.”

While many potential buyers still think they need to put at least 20% down for the home of their dreams, they often don’t realize how many assistance programs are available with as little as 3% down. With a little research, many renters may actually be able to enter the housing market sooner than they ever imagined to enjoy homeownership.

Myth #2: “I Need a 780 FICO® Score or Higher”

In addition to down payments, buyers are also often confused about the FICO® score it takes to qualify for a mortgage, believing a ‘good’ credit score is 780 or higher.

To debunk this myth, let’s take a look at Ellie Mae’s latest Origination Insight Report, which focuses on recently closed (approved) loans.As indicated in the chart above, 50.23% of approved mortgages had a credit score of 500-749.

 

2 myths holding . back home buyers seeking homeownership

Bottom Line

Whether buying your first home or moving up to your dream home, knowing your options will make the mortgage process easier. Believe it or not – your dream home and homeownership may already be within your reach.

Millennials: Here’s Why the Process is Well Worth It

Millennials have waited longer than any other generation to become homeowners, but the wait is just about over.

According to National Mortgage News,

 “Millennials, those young adults now aged 23 to 38, are now entering their peak household formation and homebuying years.

If you’re a Millennial, you’re already well aware that you’re among a generation of those who favor fast-paced, real-time answers – and results. When you’re ready to make a decision, it’s go-time, and you probably want the latest technology at your fingertips to make it happen.

National Mortgage News agrees, stating,

“Millennials are different than previous generations—not only in their delayed homebuying but also in how they approach interactions with financial institutions, including mortgage lenders. Taking a picture of a check on their phone and depositing it without visiting a branch is not novel, it’s the way Millennials learned to do banking. They expect real-time access to account and transaction data and are frustrated when it’s not available.”

Here’s the catch – the overall speed of the homebuying process can take some time, and it might feel like it is slowing you down. When you’re ready to buy, you can make an offer and go under contract quickly, but the rest of the process might take a little longer. The same article explains why:

“When Millennials apply for a loan, the mortgage lender must qualify the borrower and determine who owns the property, how much the property is worth, and the property’s risk profile. Traditionally, this has been one of the most time-consuming and fragmented parts of the mortgage process…There are many moving pieces, each data point being sourced from a different provider, which can ultimately lead to a lengthy or delayed process.

 What has historically been accepted as the process norm does not align with the expectations of the most prominent generation in the home buying market today. Millennials have come to expect rapid, digital workflows in their daily purchase decisions, and in their mind, the home buying process shouldn’t be any different.”

So, where do you go from here?

 If you’re pre-approved for a mortgage, that will help speed things up. But the steps it takes and the time to finalize a loan with most traditional lenders may feel like an eternity to you and your generational peers. Don’t worry, though – it’s well worth the wait when you finally get the keys to your new castle!

The financial benefits of homeownership, like increasing your net worth by building equity, and the non-financial benefits, like being able to customize and improve your space, will ultimately set you on the course to happiness, success, overall satisfaction, and much, much more.

Bottom Line

If you’re feeling like it’s go-time, let’s get together and get the process moving to determine if homeownership is your next best step.

Taking the Guesswork Out of the Mortgage Process

A considerable number of potential buyers shy away from the real estate market because they’re uncertain about the buying process – particularly when it comes to qualifying for a mortgage.

For many, the mortgage process can be DAUNTING, but it doesn’t have to be! 

In order to qualify in today’s market, you’ll need a down payment (the average down payment on all loans last year was 5%, with many buyers putting down 3% or less), a stable income, and a good credit history.

Once you’re ready to apply, here are 5 easy steps Freddie Mac suggests to follow:

  1. Find out your current credit history and credit score– Even if you don’t have perfect credit, you may already qualify for a loan. The average FICO Score® for all closed loans in September was 737, according to Ellie Mae.
  2. Start gathering all of your documentation– This includes income verification (such as W-2 forms or tax returns), credit history, and assets (such as bank statements to verify your savings).
  3. Contact a professional– Your real estate agent will be able to recommend a loan officer who can help you develop a spending plan, as well as help you determine how much home you can afford.
  4. Consult with your lender– He or she will review your income, expenses, and financial goals in order to determine the type and amount of mortgage you qualify for.
  5. Talk to your lender about pre-approval– A pre-approval letter provides an estimate of what you might be able to borrow (provided your financial status doesn’t change) and demonstrates to home sellers that you’re serious about buying.

Bottom Line

Do your research, reach out to professionals, stick to your budget, and be sure you’re ready to take on the financial responsibilities of becoming a homeowner.