Tag archive for ‘Home’

Are You a New Home Owner? Here are 4 Security Tips to keep you and your home safe

by Admin - on May 4th 2016 - Comments Off on Are You a New Home Owner? Here are 4 Security Tips to keep you and your home safe

Security Guard in UtahYou’ve finally moved into your new home after all the paperwork, legal procedures, and inspections. Owning your first home can be an exciting experience for many people. However, home ownership doesn’t just stop there. You’ll realize that there’s a lot that goes into the process including decorating, rearranging furniture, organizing and so on. Often times most people overlook security in their new home.

Burglars know this and may try to use this opportunity to raid your home. Fortunately, you can get to address these security concerns. Here are some helpful tips that will ensure that you and your belongings are safe even after moving into your new home.

Change the locks

If you’re purchasing a pre-owned home, chances are, the previous homeowners have had access to the keys you now have, the first step should be to change your locks once you move in. This will prevent anyone from having an easy access to your home. Do not forget to reconfigure your garage door code as most thieves use the garage as an entry point into your home.

Know your neighbourhood

Moving into a completely new neighbourhood can be overwhelming as you are not accustomed to the what goes around over there. The best thing is to spend time familiarizing yourself with the surroundings. Get to know the type of cars driven over there, how people spend their time and how common moving trucks and service provider visits are.

Know your neighbours

Neighbours are your extra eyes when you are away. Take some time to introduce yourself and have a positive relationship with them.

Install a home security system

A security system is a must-have for every homeowner. This system alerts you and the authorities if something suspicious happens. Have a security provider draft a customized plan that fits your lifestyle, needs and budget.

Hiring professional security guards in Utah can also help keep your home and community safe, Centurion Security & Investigations Inc. notes. With years of experience and training, you can rest assured that you and your belongings will be safe. Talk to a trusted private security contractor to get experienced guards.

The Ideal One: Fixed-Rate vs. Variable-Rate Home Loans

by Admin - on Mar 21st 2016 - Comments Off on The Ideal One: Fixed-Rate vs. Variable-Rate Home Loans

Home LoansIf you're going to buy a new home, you have the choice of applying for a fixed-rate or variable-rate home loan. To make the process less stressful, it pays to know the difference between the two options. 

Taking a mortgage is a big financial commitment and choosing the right one makes all the difference. So if you’re planning to a take a home loan in Salt Lake City, industry expert americanloans.com suggests comparing the fixed-rate loan with the variable-rate loan to find out which suits your needs. 

The Basics of a Fixed-Rate Loan

With a fixed rate home loan, the rate of interest remains unchanged for the period of your loan program. This gives you the benefit of knowing exactly what your repayment amount will be every month. In fact, it will make budgeting easier.

If the rate increases in the market, it won't affect you. If the rate drops, however, then you will stand to lose. Extra repayments are not allowed with some fixed rate loans. You might also end up paying a break fee if you pay off the loan before the set period; for instance, if you sell your home. Don't hesitate to get some help if things get overwhelming. 

The Rules of a Variable-Rate Loan

In a variable rate loan, the rate varies according to the movement of the market. You have a base rate with a floating element that varies with the market’s fluctuation. This means that when the rate goes up, you pay more and vice-versa.

Variable rate loans offer more flexibility, in the sense that you can make extra repayments and if you face a cash crunch, you can borrow money back from the extra repayment. A variable rate home loan makes more financial sense because they are cheaper than fixed rate home loans and even if the floating rate goes up, it will not remain so for the entire period of the loan.

Now that you know the pros and cons of each type of loan, you can choose one depending on your budget.