New Year’s Resolutions for Home Buyers

A new year brings much excitement and anticipation, but could 2019 be the year for a new home?  Here are some quick New Year’s Resolutions to help you buy a home in 2019.

Resolution #1:  Boost Your Savings

Instead of just thinking about saving, why not start the new year off right with a resolution to jump-start your savings and start putting away more for your down payment on your first home?

If you’re worried that the traditional 20% down payment may be too difficult to save in a year, there may be additional mortgage options that don’t require that amount.

Resolution:  Ditch the daily Starbucks run and boost your savings!

Resolution #2:  Check Your Credit

Have you checked your credit report? If not, you should do that right away. Many credit reports contain errors and you will need time to have those mistakes removed.

Your credit score is a very important variable that lenders consider when deciding on your mortgage loan. To make sure you get the best possible rates, it is never too early to start improving your credit!

Resolution:  Check your credit score!

Resolution #3:  Pay Down Your Debt

Your debt-to-income ratio is an important factor for lenders. To help you achieve a favorable rate, focus on paying down your existing debt as much as possible. This new year commit to paying more toward credit card debt, student loans, medical debt, and other debt streams. With fewer dollars owed, you will be in a better position to afford a mortgage once you buy a home!

Resolution:  Brown bag your lunch and put the savings toward your debt.

Resolution #4:  Start Building Your Home Purchase Team

Buying a home on your own is no easy task, which is why most home buyers opt to utilize the talents of many professionals along the way. The new year is the perfect time to start thinking about building the home buying dream team that can help you find your home and pay for it too!

Your team should include an experienced real estate agent that can guide you through the process and a licensed loan officer that can assist you with all of the intricacies of the mortgage process.  Your real estate agent can also assist you with home inspectors, general contractors and a real estate attorney that can assist with repair negotiations and with your home closing.

Resolution:  Commit to finding an experienced real estate agent and lender that can guide you to finding your new home!

Wrapping Up

If you are planning to buy a home in 2019, now is the time to commit to your home purchase!  With a few simple resolutions, you could be living in your dream home this year!

We hope you have a very happy and prosperous New Year!

About Log Pond Realty 

Home is where your story begins. Home is where hopes and dreams are born, memories are made, and lives are lived. We would love the opportunity to assist you in writing your new story.

We can be reached via email at inquiries@logpondrealty.com or by phone at 919.589.3576.

We service the Triangle region of North Carolina including Raleigh, Cary, Apex, Holly Springs, Morrisville, Fuquay-Varina, Durham, Chapel Hill, Wake Forest, and Garner.

Winter Events Around the Triangle

Happy New Year!  Even though the holiday season has come and gone, there are lots of great activities in and around the Triangle!  Grab your winter hat and throw on your sweater and check out some great winter events!  

Winter Wonderland at Bond Park (1/25 & 1/26)

Bond Park in Cary becomes a winter wonderland where an amazing sledding hill will be created with man-made snow, and tubes will be provided so you can catch some speed as you fly downhill.

The amazing sledding hill will be covered with snow made from ground ice by Snow My Yard. The snow is refreshed each morning and between sessions as time allows. Snow tubes are provided — please do not bring your personal sled, disc or tube.

Check out the website for more information.

Snow tubing fun comes to Cary

African American Celebration (1/26)

This event is a kickoff to the statewide observance of Black History Month.  This 18th annual event brings together 75+ musicians, storytellers, dancers, chefs, historians, artists and more in downtown Raleigh for a day of pride and celebration of culture.

18th African American Celebration

Triangle Restaurant Week (1/21 to 1/27)

Triangle Restaurant Week is a week-long celebration of culinary excellence throughout the Raleigh area. Participating restaurants offer special three-course menu options and fixed pricing making this the perfect chance to try out a new spot or return to an old favorite.

Dinner is Served

Krispy Kreme Challenge (2/2)

The Krispy Kreme Challenge is one of the most unique running events in the country.  And maybe one of the most unique eating events!  The event has been an annual Raleigh tradition since 2004 and draws nearly 8,000 runners.

Participants begin the Challenge at the Memorial Belltower on the campus of NCSU in Raleigh. Runners then travel 2.5 miles through historic downtown Raleigh to the Krispy Kreme located at the intersection of Peace and Person St., where they attempt to consume one dozen original glazed doughnuts. The hardest part of the Challenge awaits them as they run 2.5 miles back to the Memorial Belltower. This is the Krispy Kreme Challenge!

Run Fast, Eat Donuts!

Big Name Acts

Don’t miss out on a huge list of big-name acts set to perform on big stages this winter: Justin Timberlake (1/6), Cher (1/27), Metallica (1/28), Elton John (3/12) and Mumford & Sons (3/17) will all play at the PNC Arena.

Old Fashion Hockey

The Hurricanes continue their march to the Stanley Cup playoffs with a host of home games.  Check out the Hurricanes Homegrown Series to find out about some of the best chances to pair hockey with local food, music and beer at the arena!

Looking for other activities?  Check out VisitRaleigh.com for a full list of local events, including a Bucket list of the top 30 things to do this winter.

Hockey Action Continues with the Hurricanes all Winter Long

About Log Pond Realty

Home is where your story begins. Home is where hopes and dreams are born, memories are made, and lives are lived. We would love the opportunity to assist you in writing your new story.

We can be reached via email at inquiries@logpondrealty.com or by phone at 919.589.3576.

We service the Triangle region of North Carolina including Raleigh, Cary, Apex, Holly Springs, Morrisville, Fuquay-Varina, Durham, Chapel Hill, Wake Forest, and Garner.