5 Ways To Increase Your Equity

5 Ways To Increase Your Equity

A home purchase brings together so many things under one roof: dreams, shelter, status, maybe a passport to better schools and neighborhoods. And one more thing: It gives you a forced savings account. It does that by letting you build home equity, which is the difference between your home’s market value and what you owe on it. Your equity increases with each house payment you make. When home prices rise, your equity grows faster as your home’s value increases. Here are some ways to increase your home equity… 1. Pay more on your mortgage Paying more can be a good option. If you decide to do this, make sure the extra money is applied to your mortgage principal. Ask your mortgage servicer (you can find the phone number on your monthly statement) how to do it and watch your monthly statements to be sure the money is credited correctly. Here are a few ways to pay more regularly: • Add an extra sum to your monthly payment. Pick an amount big enough to make a difference but not so big that it crimps your budget. For example, if your payment is $983, round up to $1,100, and then increase the amount when you’re able.• Another version of adding to your monthly payment: Boost the payment by an amount equal to a twelfth of a payment. By the year’s end, you’ll have made an extra payment.• Switch to biweekly mortgage payments. Paying every two weeks instead of monthly adds one extra monthly payment to your mortgage annually.• Schedule extra payments automatically from your bank to your mortgage account at regular intervals The...
#1 Reason To List Your House In Winter

#1 Reason To List Your House In Winter

There’s a myth many home sellers believe, and that is you should wait until Spring to put your home on the market. In fact, you should do the opposite and list in the Winter. Selling in the Winter have a greater advantage in terms of the type of buyers they attract, marketing and more. Here are the top 10 reasons that debunk the myth to wait to list for warmer weather and why Winter is the time to sell in Lafayette Indiana! The #1 reason to list your house in the winter: Less competition. Housing supply traditionally shrinks at this time of year, so the choices buyers have will be limited. As you can see, the ‘sweet spot’ to list your house for the most exposure naturally occurs in the late fall and winter months (November – January). Here are the other 9 reasons to list your home in winter…. 2. Corporate transfers. Statistically, January & February are the highest months of the year for corporate employees transferring and relocating. This makes listing during the Winter months and opportune time. 3. Non-contingent buyer. If you’re looking to buy, then you’d want to be able to sell now because by the time Spring arrives you have the opportunity to be a non-contingent buyer. Which means that if you find the home you love, you’ve already sold your current home and you won’t have to wait until you find a Spring Buyer. In addition, because more homes are for sale during the Spring, this could drive down market prices meaning you have the ability to sell high and buy low. 4. Low interest rates. Interest rates...
Preparing For A Showing

Preparing For A Showing

If you really want to sell your Lafayette Indiana home fast, you should be ready for anything. There will be times when showings will happen at a moment’s notice. So, make sure to use the below advice and maintain your home in its staged appearance at all times. Apart from preparing your house for the open houses and showings by de-cluttering, cleaning, and ​home staging, there are various last-minute things you can do to make your property stand out from the rest. Here are 20 of The Romanski Group’s top recommendations that include getting rid of clutter, hiding family photos, cleaning out closets, removing excess or oversized furniture, and cleaning…. Clean, clean, clean. Dust on top of the fireplace mantle and fan blades, polish your appliances and faucets, and give the windows a thorough washing. Make all beds and have towels hung nicely in all bathrooms. If you’ve already moved out or if you’re too busy to stay on top of things, consider hiring a cleaning service.Pay attention to smells. Be cautious of what you are cooking in your home the day prior to a showing. Smells linger for a long time and can prevent a potential buyer from wanting to stay in your home. Clear out the clutter. You want buyers to focus on how awesome your space is, not how messy it looks. Banish that piles of shoes from the entry, get rid of nearly everything on kitchen and bathroom counters; that stack of mail from the kitchen table and anything else that detracts from your home’s features.Repaint the walls neutral colors. As much as you love your dramatic purple dining...
10 Rainy Day Play Destinations!

10 Rainy Day Play Destinations!

Rainy days have their benefits, but sometimes the masses within your home get restless on those days! There are many things to do around the Greater Lafayette, IN area when rain clouds come rolling in. We’re here to help you be prepared when that day comes! Here are 10 places to take your kiddos on a rainy day in Greater Lafayette, IN. Rainy Day Play! Lafayette Family YMCA (Lafayette, IN)This brand new facility offers plenty to do for a family on a rainy day: indoor pool, day pass with access to the gyms and fitness rooms, and so much more! Click here to scroll their website for prices and more information!Imagination Station (Lafayette, IN)Let your little’s imaginations take the steering wheel at this unique Lafayette, IN amenity. Different classes/programs highlighting science experiments is definitely the best part! Click here for an event list.Chuck E. Cheese (Lafayette, IN)Where it’s great to be a kid! Unlimited play on game and fun for the kiddos. Tippecanoe County Public Library (Downtown, Lafayette, IN)Our public library in Greater Lafayette offers many learning stations, books for all reading levels, programs to join, and so much more. Click here to learn more about our public library system!Northend Community Center Play Place or Faith East Community Center Play Place (Lafayette, IN)For just $1/hour/child, you can play play play at this indoor play place! You get the park wear out, while remaining inside. Yes, please!Flourish Studio and Classroom (Downtown Lafayette, IN)This sweet addition to our list give opportunity for the littles to grow in their artistic skills. Specialty classes target specific skills, building each child up in that...
Halloween Day 2019 in Greater Lafayette, IN

Halloween Day 2019 in Greater Lafayette, IN

Happy Halloween from the Romanski Group! There are a few fun events, tricks, and treats to note happening around Greater Lafayette, IN on Halloween, Thursday, October 31, 2019. We even included the local trick or treat times for your convenience! Have a safe, fun Halloween, y’all! Greater Lafayette, IN Halloween Events Click here to view the list of local Trunk or Treat festivities on Halloween night! Halloween Game Night at Merlin’s BeardSuper Spooky Halloween Party at Teays River: This is more of an adult event, but kiddos! Stop by anytime for some candy on Halloween evening!Wicked Halloween at Painting with a TwistHalloween at the Gallery in Delphi, IN“We will be open during Delphi’s Halloween night, October 31st, until 8:30 PM handing out bags of candy.” There are also a couple restaurants running spooky specials on Halloween Day! Here’s the break down! Chipotle is selling $4 burritos from 3:00 P.M. – Close on Halloween Night. Click on each city name for the locations in Lafayette and West Lafayette, IN!Sweet Revolution Bake Shop is having a Moster Mac week! Stop in for some monster-licious macaroons and more! Their business Facebook has more information on specific flavors! Trick or Treating Hours All information here found from this article from the Journal and Courier! We cannot guarantee this will all remain as scheduled. Lafayette: The city of Lafayette does not impose any trick-or-treating hours or an age limit. Mayor Tony Roswarski said he advises parents and guardians to make good decisions and be responsible for children and for all participating to wear light clothing and remain visible throughout the evening. West Lafayette: Similar to Lafayette, Mayor John...