Lifestyle: First thing you would want to consider, before ever looking at homes, is the lifestyle you lead. Think about the things you would need in an area that you couldn’t live without. Do you want to live in the city with a nightlife? Off the beaten path away from most people? Or somewhere in between? Making that decision first will help narrow down the area you look for homes in.
Crime: Researching the crime rates and statistics can help you narrow down an area to live. If you have already decided where you want to live, crime rates are always a good thing to check on. This is especially true if you have children or plan to have children. Call the local police department to get specifics about the area.
Culture: Some people need cultural stimulation regularly, so living in a larger city where that is accessible would be the best option.
Weather/Climate: The weather and climate have an affect on our mental health, daily activities, recreation, and sometimes our jobs. Picking a place that you like the weather year round is very important.
Job Market: The job market, salary, and opportunities will vary in every area. When thinking of finding a new area to live, look into your line of work to determine if it would be a good move. There may be more selection or higher salary in one area over another.
Housing Market: When buying a home it’s also good to get the most bang for your buck! Researching the housing market in an area will help to determine the property values and whether it’s a good place to invest. Things you would want to look into is how long homes are on the market, resale value, and current home prices, that will give you a good idea of the market.
Cost of Everyday Items: No matter how good your job is, or the value of your home, the prices of everyday items need to also be considered. The prices of groceries, gas, and utilities vary from place to place. It could mean the difference of living comfortably and within your means or living from paycheck to paycheck.
Taxes: There are 5 states out there with no sales tax, and 9 that don’t collect income tax. Not to mention that the property tax rate is different from city to city, even in the same state. Other states offer tax credits or exceptions. Taxes, although very necessary, could mean a big difference on the amount you spend each month on both your goods and your mortgage and is something that needs to be considered before moving.
Age: Is a neighborhoods historic or new developments? That’s something to consider, if that matters to you. Older neighborhoods bring character, but there may also be more to repair. New developments bring more of a modern feel but it typically suggests additional future growth, which could be viewed as positive or negative
Sounds & Smells: Listening to the area is important. Being close to a freeway/highway, train, etc could cause sleepless nights. Or, if there are any bad odors or poor air quality, that’s something that would affect your decision as well. Sounds and smells are not something you can detect on the internet. If you’re getting serious about a neighborhood, pay it a visit. Be sure to listen and smell, before ever making a purchase.
Schools: If you have or are planning to have children, be sure to check on the type of schools in the area. Look into the elementary, middle, and high schools. That can be a huge determining factor on the neighborhood to live.
Home Owners Association: HOA’s bring strict rules as well as typically an additional fee. Although they will keep the neighborhood looking clean, it may not be worth the extra cost.
Family & Friends: If being close to family and friends is important, that should always be considered when picking the place you live. Chose an area with a reasonable drive time or plane ride to them.
Commute: First thing to determine is how you’re going to commute. Will you be driving, are there public transportation options available, or are you close enough to walk? The next thing to consider is the time it takes to commute to and from both work and school. Be sure to look into the commute time during the peak travel times of the day. Will longer commute times affect your quality of life, taking away from time you could be spending with your family or friends.
Amenities & Conveniences: It’s good to identify how close you would be to things like hospitals, airports, parks, grocery stores, and gas stations. If the neighborhood you’re interested in is farther out, will you be willing to travel a greater distance to get your everyday needs or in an emergency? Another thing to consider is how far away you’d be to your hobbies. If you like to ski, being many hours away from the closest mountain wouldn’t be the best option.
Tourist Attractions: Being close to tourist attraction can seem great when you’re thinking about moving to an area. But consider what it would be like after years of living there. The busy season will bring more people in the area which could become difficult to deal with over time.
Everyone has an idea of their dream house. Maybe it has an elaborate built in shelf for your trading cards. Maybe there is a slide to go downstairs. While these are both awesome, they might not be part of the next owners dreams. When you are ready to invest some money into the house, consider this list of renovations that have the best return on investment (ROI).
Minor Bathroom Update
You’ll see a trend throughout the list. There is a breaking point where an investment will start to cost more than you will get back. That’s why there are lots of items that are a “minor” remodel or update. These are that happy medium ground that still makes an updated room scream that its shiny and new, but it will cost you less in the long run.
To replace tubs, tile and caulk in a bathroom might run a little over $1000 and you can expect a return rate of about 102% (at current market values).
I’m 100% certain that when you walk up to someones front door, you take notice of their grass or the plants growing, if their siding is dirty or if their walk is swept. Everyone does. So when buyers are shopping for homes, you want their attention to be focused on your yard. You want it to yell at them and tell them to come check out the rest of your awesome home! DIY landscaping can be cheaper than paying a professional, but it can take longer and you might accidentally find the sprinklers with your shovel like I definitely didn’t do. There is no right answer when you decide if you want to pay a pro or be a weekend warrior. There is, however a good payoff for your investments when you sell your home, like 100%-good.
Major Kitchen Remodel
If your home is like ours, the kitchen is the absolute heart of it. Maybe because we love food, but that is besides the point. Consider updating your dated appliances, cabinets from circa 1990 and the flooring. Tile is amazing, but even quality vinyl will really lift the rooms appeal. Most of our clients head straight for the kitchen to try and picture themselves slaving over the stove. You try it. Are yo able to picture plenty of work space and uncluttered counters? If not, think about pairing down some of the obstacles. The average ROI for kitchen remodeling is about 91%. Not quite as high as the other projects, but definitely one of the BIGGEST selling points.
Just like the landscaping, a fresh coat of paint or updated shutters and fresh siding can really draw people in. And since you are taking the time to improve your home, do the things that will get you the most in the long run. Current market trends predict a ROI for exterior improvements at about 95%. And let’s be honest, that particle compressed siding the color of avocados… has to go.
If you’re like us, on the first day of spring you’re still waiting for the snow to melt so you can get on with enjoying spring proper. We’ve provided for you, a quick home maintenance checklist of things to look over after a long winter.
Fall loves to dump leaves all over your roof and winter likes to cement them in your gutters. In early spring the freezing and thawing can cause the watery leaf dam to expand and crack your gutters and down spouts. Keep this frost heaving in check by cleaning out leaves as soon as you can. If you didn’t catch it in time, the spring is a great time to inspect for damage and get it replaced. Remember, water that isn’t directed away from the house properly can permeate into your foundation causing loads of problems down the road.
Chimneys stick out like a sore thumb on the top of your house. That means they’re especially vulnerable to the wind and inclement weather of North Idaho winters. There are some chimney features that really need to be inspected after a winter. Check for obvious problems like bricks that look out of place or… if it’s fallen down. That’s a good indicator of a problem. Check the flashing at the base of your chimney. That’s the thin sheet metal that keeps the water from puddling and directs it down the roof. Furthermore, a periodic cleaning of the inside bits will make it firstly, more efficient. And secondly, safe as heck.
After a damp fall and winter your siding will most likely accumulate mold and mildew and dirt like its going out of style. You can easily fix this with a pressure washer. If you don’t own one, they cost maybe $30 to rent for a day. When you hose your house down, two magical things will happen. You will experience the oddly satisfying pleasure of pressure washing and your house will look brand new. Seriously.
Some of the worst areas are under eaves and near downspouts. Any stains and mold in these places definitely indicate that there is a problem with how your gutters are handling roof water.
Remember when we said that water can permeate into your foundation and cause problems? Ground water is no joke and can completely compromise your home’s structural integrity. Concrete is porous and readily holds water that water will cause the concrete to break down over time. If you live in areas that get cold, you also run the risk of frost heaving. Both of these scenarios will cause your foundation to crack, or your home to be unsettled and shift.
The spring is your first opportunity to check your foundation for any problem areas. We recommend checking near downspouts and areas that tend to be waterlogged.
As below, so above. Shingles, slate and other roofing materials are not indestructible. While you’re topside checking out the smokestack and gutters- give the roof a good look over. Look for out-of-place shingles, sagging spots or raised shingles. Water will get in any way it can. Your vigilance will keep your roof at the apex of its abilities.
Additionally, check for moss or other organic material. Moss holds water like a pro and the last thing you want is water perched on your roof waiting to find a way in.
We have tons of leafy beautiful deciduous trees in our yard. Every spring, without fail, we find clumps of leaves we missed before the snow fell. When the snow is gone go clean them up, debris that is left on turf for too long will suffocate and deprive grass of valuable sunlight. This is also a perfect opportunity to rake and fertilize your lawn and give it the best fighting chance of yard of the month (instead of those Smith’s who have won it for the last 5 years).
Many pests and critters breed in spring. You can help keep them in check by cleaning the places they would typically habituate. Basements, window sills, under cabinets, behind appliances and ceiling corners are a good place to start. Prevent unchecked population growth by getting rid of the dust and debris that would typically provide shelter. Keeping your counters and trash bins clean will offer less food to the critters. If you’re more concerned with poisonous spiders or the bugs are taking over, call for reinforcements! (pest exterminators)
This winter, we found tons of drafts and cold places throughout our house. This is not good. Remember, air is small and goes wherever it wants. Including your bathroom windows and under your front doors. You get the idea, and just think of all the dollars you are literally letting slip through the cracks. My dad always used to yell “Close the door! We’re not heating the neighborhood!” Turns out that if you don’t repair the seals and weather strips, you are- in fact, heating the neighborhood.
Also. Bugs are small, they too come through the cracks. See paragraph above.
Your furnace was crucial during the winter and fall. Your AC will probably be a close friend during the summer. Take care of your friend before its in the triple digits. There are some really easy preventative maintenance tasks that you can do, or if yo don’t feel confident- call an HVAC technician to service and inspect it.
Some easy things you can do; Clean and/or replace your air filters, check hose connections for leaks, dust/blow off/ vacuum dirt from fans and electronics and check drip pans. Not too painful, right?
What do you think of when you hear the words St. Patrick’s Day? Likely the words green, beer, and parades come to mind. There’s actually a full history behind that holiday and St. Patrick himself, with lots of interesting facts.
St. Patrick’s day celebrates Roman Catholic Patron Saint of Ireland, St. Patrick. He wasn’t born in Ireland, but rather Britain. When he was 16 he was taken captive to Ireland as a slave. He escaped and fled to a monastery in France. Years later he went back to Ireland to convert the Irish to Christianity. Although the religion had already taken hold in the country, he helped it become more widespread. By the time he died, he had created many monasteries, schools and churches. The day of his death, March 17th, has become what we know and celebrate today – St. Patrick’s Day.
The celebration of St. Patrick’s Day started in Ireland. After the Irish immigrants moved to the United States, the celebration really took off with the parades and celebrations that we know today. Both the Irish and the non-Irish participate in the widespread holiday.
The Shamrock was used by St. Patrick to explain the Trinity and is also Ireland’s national flower/emblem.
Although the color green is now the common color of the holiday, it was not the original one. Blue was traditionally associated with the holiday. It switched because of Ireland’s nickname “The Emerald Isle”, the shamrock and the green in the Irish flag.
Beer is the mostly widely consumed beverage on St. Patrick’s Day (Big Surprise!), with Guinness being the most popular.
According to a census in 2016, 32.3 million U.S. residence had Irish ancestry which is 7 times the population of Ireland.
You have a 1 in 10,000 chance of finding a 4 leaf clover.
St. Patrick’s Day Parade – Downtown Coeur d’Alene on Saturday the 16th from 4-5pm
St. Patrick’s Day Splash Bash – Coeur d’Alene Resort Saturday the 16th from 8-11:30pm
St.Patrick’s Day Weekend Celebration – Mirabeau Hotel in Post Falls from the 15th-17th
Coeur d’Irish Party– On March 16th at the Coeur d’Alene Resort from 5:00- 11:30. Featuring traditional Irish music and St. Patricks day Fare.
CDA Firefighter’s Pipes and Drums Pub Crawl– It is on March 16th and starts at 3:00 and goes on till 10:30. We have a schedule posted on our Facebook Profile so you can join in the shenanigans. Or… if you prefer. ↓↓↓
3:00PM – Capone’s
3:30PM – All Things Irish
4:00PM – St. Patrick’s Day Parade
5:00PM – O’Shay’s
5:30PM – Slate Creek
6:00PM – Paragon Brewing
6:30PM – Daft Badger
7:00PM – Capone’s
7:30PM – Coeur d’ Irish
8:00PM – Eagles
8:30PM – Moose Lounge
9:00PM – Crafted
9:30PM – Crickets
10:00PM – The Ironhorse
10:30PM – Beacon
Happy St. Patricks Day and Erin Go Bragh
John & Tracey
Tax season is upon us! That means we not only need to file taxes by April 15th, but also to file for the homeowners exemption.
If you’re not sure if you qualify or where to file, we are here to help!
What Is The Homeowners Exemption
This exemption is provided by Idaho state law, for the purpose of reducing the taxable value of your home up to $100,00 or 50%, whichever is less. For example, if your home is worth $400,000, you may only pay tax on $300,000. As a result, this exemption will save you money and reduce you property taxes!
A home owner can file the exemption if they are an Idaho resident and they occupy the home for more than 6 month out of the year (Primary Residence). It can only be filed on the primary residence, it can not be put on a second home or a rental.
When To File
New Construction you must file within 30 days of purchasing the home.
For Existing Homes, the deadline to file for the homeowners exemption is April 15th for THIS year’s exemptions.
File one time per house. After you file, the exemption stays with the house until you sell the house. Then you will need to file it again on your next home.
Where To File
Filing must be done at the county’s assessors office where the house is located. Every county does it a little differently, but you have to file each one in person, it can not be done online. Below are a list of the addresses of nearby counties:
Kootenai: 451 Government Way, Coeur d’Alene
Shoshone: 700 Bank St #100, Wallace
Boundary: 6452 Kootenai St, Bonners Ferry
Bonner: 1500 US-2 #205, Sandpoint
Benewah: 701 College Ave # 7, St Maries
Do Not Share Sales Price
Idaho is a non disclosure state. That means you do not disclosure the purchase price of the home with the county or on any external sites like Zillow because it is not required. This is a good thing! If the county has the home assessed at a lower value than what you purchased it at, you will continue to be taxed at the lower rate. If you share the higher purchase price with them, they will start taxing you at that higher level.
Below are a few other exemptions you can file on your property. Click on the links to learn more about how it works in Kootenai county. You would file each of the below exemptions the same way as a homeowners exemption, at the county’s assessor’s office where the land is located.
Agricultural: This program will reduce the taxable value on agricultural land.
Timber: This program will reduce the taxable value of the private land used to primarily harvest timber.
Property Tax Reduction Program (Formally known as Circuit Breaker): This program reduces property taxes for individuals who meet age and income requirements.
If you have any questions, concerns or confusion, never hesitate to contact us! We are here to address any roadblocks you have and point you in the right direction so that you can save some money on your taxes.
Check out our video below regarding important tax information for home owners. Also, subscribe to our YouTube page to keep up with all things real estate!
Love is in the air and Valentine’s Day is just around the corner! What are you going to do for your sweetie this year? Whether you want to get them something special or do something special, there’s lots of options. We’re here to help make your day exceptional.
Avoid The Same Old Same Old
Do you tend to get your special someone the same thing each and every year? Maybe some roses and a box of chocolates? This is the year to break that trend and avoid the ordinary!! Check out these great gift ideas that are better than flowers and candy. It’s guaranteed to surprise the one you love:
This personalized gift is a great way to look back on your relationship. From the day you met, first date, got married, and the birth of your children.
What better way to capture each and every moment as they happen? You can treasure those moments forever. Stick them on your fridge, in a photo album or scrapbook.
Bring the spa to her! With several different scent options, you can treat your love from the comfort of their own home.
Switch up the usual with this date night bucket list. Lots of creative date night ideas, both fun and intellectual. Avoid the dreaded “What do you want to do tonight?” question.
Remember your special day in this unique way. Pick the best line from your vows and put them on display.
Satisfy their sweet tooth with a twist. So gorgeous they’ll never want to eat it… if they can resist.
You Know Them Best
When it comes right down to it, you know your love the best. This is an excuse to treat them… maybe spoil them with a spa day. Keep them grilling with a BBQ Set. Make them laugh with a silly mug. Keep them cozy with a new blanket & pillow or PJ set. Get them a little buzzed with their favorite wine. Keep things smelling fresh with a candle. Help them feel pretty with personalized jewelry. Even if it’s the classic flowers & chocolates, get them what they want.
A Night on The Town
Want to take your sweetie out on the town? Beautiful Coeur d’Alene and the surrounding area is never short on events, even for the day of love. And also some great date night ideas you could do on Valentine’s Day or any other.
The Chocolate Affair – On February 8th at the Resort Plaza Shops from 5-8pm
Valentines Bazaar – On February 9th at Garden Plaza in Post Falls from 11am-3pm
Love on the Lake Dinner and Cruises – On February 14th boarding at The Boardwalk Marina at 5pm or 7:30pm
Valentine’s Chocolate Fountain Buffet – On February 14th at the Coeur d’Alene Resort at 4pm
Valentine’s Day Acoustic Dinner – On February 15th at Cruisers Bar & Grill from 7-11pm
Sweetheart’s Ball – On February 15th at The Best Western from 5:30-9:30pm
Ice Skating at River Front Park in Spokane – Make an entire night of it and have dinner at an elegant restaurant downtown, catch a movie, go ice skating, and then stay at a nice hotel.
Pinot’s Palette Date Night – You paint half a picture on a canvas and your partner paints the other half, making one giant gorgeous picture. Don’t forget the drinks.
Ski/Snowboard Day – Enjoy the slopes at any one of the great resorts near us!
A getaway with the one you love is needed every now and then. And what better time than Valentine’s Day? Celebrate your love together and enjoy a small vacation. You’ll still be close to home, yet in a world of your own.
Located in gorgeous Sandpoint Idaho, this is a must stay. Visitors get to enjoy astounding views of the surrounding mountain ranges and beautifully constructed log cabins. Don’t forget the horseback riding, outdoor activities, and all the history that comes with it.
The Blackwell Hotel is located in Downtown Coeur d’Alene. It’s full of elegance, history, and many unique touches. First built in 1904, it still has the original artwork. A very romantic place, a must see!
Located on the North Shore of Coeur d’Alene Lake, it’s become a top place to stay for visitors. At the resort you will never be bored with accommodations like golfing, spa, pool, restaurants, nightlife and more! Check out their lake front rooms today.
This is a one of a kind experience! Dinner & a movie, then dessert & drinks after the credits roll. Don’t forget the gambling & luxury rooms to stay in. Everything you need in one place.
Located in Downtown Spokane, Historic Davenport Hotel is right in the center of everything. With gorgeous city views, a romantic design, a spa, and even jetted tubs and fireplaces in some rooms you’ll never want to leave! Great balance of modern amenities and a historic charm.
This little bed & breakfast is located just 10 minutes from downtown. Close but away from all the crows. Very peaceful and quite location which makes it perfect for a romantic getaway.
No matter how you choose to spend your Valentine’s Day, make it memorable and celebrate your love!!
One thing you can count on in North Idaho and that is that Idaho has 4 great and very distinct seasons. Each having something fun and unique to offer. From the weather to events, food and clothes. Above all, there is always something to do in each season. Indoor or outdoor person, it doesn’t matter, there’s something for you.
Over the next few months there are enough activities in our beautiful city and surrounding area to make your head spin. Below are just a few of activities you might want to consider. You can always stay tuned to our What’s Happening Page for January, February & March for a full list. Including dates, times, locations and links!!
Mamma Mia! – Aspire Community Theatre on Feb. 8 -17.
It’s a show you can’t miss! The only Pacific Northwest Company to hold this will have this production.
The Chocolate Affair – Feb. 8 from 5-8pm
Can’t miss this chocolate tasting event & competition. Test chocolates with the perfect wine pairing with your valentine!
The Sweetheart’s Ball – Feb. 15 from 5:30-9:30pm
There will be a buffet dinner, plus a silent & live auction
Wallace Extreme Ski-Jor – Feb. 16-17
It’s known as the “Wildest Event in the Rockies”!! Check out ATVs Towing Skiers Down a Snow Covered Downtown Street Course
Mardi Gras Krewe d’Alene – Feb. 16 from 5:30-10pm
Take a stroll through the streets of New Orleans where you can enjoy New Orleans Style Food from 10 Local Restaurants! Don’t forget about the fun street entertainment.
Charter Academy’s Soup & Chili Cook-Off – March 2 from 5-8pm
Sample the Soup & Chili. Also Enjoy Auction Items, Game Room for Kids & Musical Performances
Bartender’s Ball – March 2nd from 7:30-10:30pm
Check out this cocktail showdown with Local Mixologists!
The above is just a handful of the events happening over the next couple of months. And, there is always many to choose from each month and season. Get out and enjoy all our area has to offer this winter!! And don’t forget to drop by our What’s Happening Page for January, February & March for a full list. Including dates, times, locations and links!!
John and Tracey Chime In
We love north Idaho. We love the fact that every season has its own unique life. Festivities, events and change. You never get bored here. Just about the time you are ready for a change, Idaho delivers! Each season has so many fun and unique activities and many that you look forward to all year long. Idaho keeps it interesting and enjoyable and its just one of the reasons we call this our forever-home!
John and Tracey Tindall
Coeur d’Alene never ceases to amaze us. Not only do we get to enjoy the obvious beauty and all the lovely people who live here, but our Lake City offers so many other benefits! Like Theater!! But not just any Theater… Aspire Community Theatre.
Great Local Entertainment
Aspire Community Theatre (ACT) is unlike any other. How, you may ask? To start, they are a completely non-profit run organization with experienced theatrical artists in charge. It’s a community theater, staffed 100% by volunteers, yet working at a professional level. As a result, you can count on exceptional and entertaining performances each and every time.
Aspire was founded because many parents of children in theater were unable to find other options once their children graduated. Their only other option was acting at a professional level. Creating this theater was a way they could continue to learn and expand their acting abilities right here at home. Aspire is a conservatory theatre, which means, the students will learning through out each production because they are involved in each aspect of the production. Aspire incorporates a wide a wide range of groups and ages to keep things lively. Plus, they “not only develop artists, but theater enthusiasts through education and exposure”.
Aspire’s mission “is to enrich, entertain and educate our community through exceptional live theater which inspires the imagination and provokes contemplation of truth. Our goal is to honor, reflect and collaborate with the greater community we serve, creating leaders for the future, as we form partnerships today.” And they do just that!
Courtesy of the Coeur d’Alene Press
A Gift To The Community
Theater is a gift – for both the audience and artists and with 600 season ticket holders it seems like our community agrees. Bringing together experienced theatrical artists combined with young talent and community leaders; Aspire is determined to improve the lives of not only the artists and productions but this community. They provide a venue “For the next generation of characters”. Because of their local success, they are the only theater in the pacific northwest playing Mama Mia! First show is February 8th.
John and Tracey Chime In
“Our first Aspire experience was for “Catch Me If You Can”. We were intrigued when they said it would be a MUSICAL! We loved the movie and were so interested in seeing how it could be made as a musical. Aspire took that movie to a whole new level as a musical play. We loved it! Above all, it was so creative and a throughly enjoyable performance. We laughed and enjoyed every minute of it. Aspire offers a diverse and multi-faceted mixture of talent we have not seen in community theater. If you are looking for a great entertaining evening, go to a performance. Finally, Mamma Mia would make a wonderful treat for your Valentine!
John and Tracey Tindall
Contact us for special ticket discounts!!
Happening in February
Contact us for special ticket discounts!!
Contact us for special ticket discounts!!
Visit Aspire here! Check out the upcoming shows and learn organization, donate, sponsor and volunteer.
Calling all Foodies!! One of the fastest growing food industries is coming to our own backyard. Food Trucks! The speed, convenience, quality and price is enough to draw a crowd to the up and coming food truck pavilion in Coeur d’Alene.
A Great Idea Hatched
The owners of Premier Auction Center in Post Falls teamed up with the owners of the Jitterz Espresso franchise and hatched this great idea. Our area’s next food truck court will have just about everything! That includes 13 food vendors, a Jitterz Coffee stand, 39 parking spots with a large eating pavilion. “Prairie Pavilion” will be located at 7777 Heartland Drive and plans to be open by the spring of 2019.
Good For Your Tummy and Our Economy
It’ll be great for the consumer as well as helpful to our economy. Food Trucks and the food truck community invest into our local economy and they do so by creating jobs and help recharge underdeveloped areas. One may think they could be hurtful to the brick-and-mortar restaurants. Just the opposite, because food trucks draw patrons to the area which increases the amount of foot traffic to other restaurants and surrounding businesses. Not to mention, restaurants are opening food trucks of their own to keep up with the growing trend. Plus, food truck businesses are required to pay all the same taxes as other restaurants and this generate thousands in tax revenue for the city.
The owners say it’ll be a “happening spot where busy businesspeople can swing through for a quick bite, as well as a welcoming environment where everyone can enjoy a relaxing meal.” That will just be the start! Additional plans are “getting kicked around” about making this spot a cornerstone of the community. Possibly having farmer’s markets and music shows available alongside the pavillion. Overall, Prairie Pavilion will be a great spot for everyone and it’ll be right in our backyard!
John and Tracey Chime In
“We have enjoyed some pretty wonderful food from food trucks here in Coeur d’Alene and in other cities. Dining from a truck will surprise you because you just can’t imagine such amazing and sometimes gourmet food can be cooked up and served from a truck, but it does! We love this idea and how it brings a new layer and flavor to our area”. John and Tracey Tindall
Credit: https://www.cdapress.com/local_news/20190110/street_eats_coming_to_north_coeur_dalene?fbclid=IwAR2H7ELzQOXwSfsRIstFa7UaWw54hje8gnI6donQbybM1uu_jjEZtdFos70 & http://www.dmvfta.org/food-truck-facts
Saving money can be such a challenge for most of us. When it comes time to buy a home or invest in real estate it can become even more of a struggle. With mortgage financing, we must be sure to keep our debts low, while having enough assets on hand to get our loan approved. We will need to consider the budget for new mortgage payments while paying of credit card or consumer debts each month. AND we must be mindful about putting money away into a 401K or other investments and maybe having a little extra to enjoy life.
Below are 7 simple rules for saving your money and paying off debts. Following these rules will make it easier to get where we’d like to be financially before taking the steps to get your dream home.
1. Automate It!
Most places of employment offer direct deposit. Use that to your advantage. Set your direct deposit up for a portion of your paycheck to be deposited into several different accounts. One for your 401K, another into a savings account for the purpose of emergencies, also an account to save for home projects, vacations, etc. Then, set up your bills to be paid automatically. It would be beneficial to check with your loan holders to see if that would be an option. Ultimately, it comes down to this: if you can’t see the money then you won’t have the temptation to spend it.
2. Know How to Prioritize
Should you start paying down debt or saving first? Which debts should you start with? You need to know how to prioritize and compare the numbers. First, start by checking the interest rates on your loans and credit cards. The higher the interest rate, the more of a priority that should be to pay off. Save any extra money you get. Tax return? Put that into savings! Get a raise at work? Automatically deposit that extra percentage into savings each month. Eventually, you will have enough in that account for a nice down payment on your home.
3. Imagine Your Future Self
Where do you want to be in 5 years? 10 years? 20 years? Owning your own home? Not drowning in debt? Studies show if you imagine where you’d like to be in the future that will motivate you to take the necessary steps for the purpose of achieving those goals.
4. Stop Unnecessary Spending
Take a good look at your finances and what you spend money on regularly. Do this with the intention of determining what can be dropped or scaled back on. Maybe a gym membership that you pay for monthly and only go once every 3 months or so. Another common unnecessary expense is cable TV; streaming services are cheaper, and they have a great selection. Additionally, rather than getting a coffee at Starbucks every day, make your own coffee at home. You may be surprised to know that could save over $100 a month. Also, eat meals at home instead of going out to eat. Even dropping one expenditure mentioned will make a huge difference on your bank account.
5. Reward Yourself
You can’t live your life to save and pay down debt. Every now and then you need a reward for all your hard work. Use that as a motivation to save. Got a bill paid off? Get yourself something! Reached your goal on an amount of money you wanted to save? Treat yourself! Be sure to make these rewards sensible, but you could be getting perks while saving and paying off bills.
6. Take Advantage of Bank & Credit Cards Offers & Rewards
Take a good look at your credit card rewards, it may surprise you what they offer. There may be an opportunity for you to receive a percentage of what you spend in cash back. Who wouldn’t benefit from that? Make sure your bank account doesn’t charge you a monthly maintenance fee. If it does, research how to waive it or get a different account.
7. Start Young (Its never early or late to Start)
If this applies to you, pay attention. Starting off at a young age will set you up in the future. Even if you’re working at your very first job, you can start taking the necessary steps. Apply the rules above and your savings will grow faster than you could ever anticipate.
By following these rules, you can save, pay off debt Whether your goal is to save for a home or prepare for the future, it’s all possible with a little hard work and knowledge on your side.
Think that your credit is hopeless and that you may never be in a position to buy a home? Don’t! There is always a way with a good plan and a good team. We have helped so many buyers get into homes when they thought it would never be a reality for them. We have a great team that can help you build the roadmap to get there. Want to know more about how to get started? Let’ Connect
Credit: NPR Public Radio – https://www.npr.org/2018/12/12/676120025/get-started-saving & http://time.com/money/4266906/save-for-new-home-tips/