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Use This 6-Step Checklist to Become a Savvy and Successful Home Buyer

Use This 6-Step Checklist to Become a Savvy and Successful Home Buyer

As purchases go, home buying is one of the most significant you will ever make. It’s also one of the most complicated. With some planning, you can be a savvy and successful buyer.

Here is the 6-step checklist you should be using when buying a home:

1. Know Your Credit Score

Also known as your FICO score. This score matters when it comes to qualifying for a loan. The better your score, the better your financing opportunities. You can check your score for free on Annual Credit Report.com. Before you purchase a home, it’s critical to understand what you can reasonably afford. There are online calculators that can help estimate some numbers for you. It’s particularly important for first-time home buyers to understand the financial side to purchasing a home.

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2. You’ll Need a Down Payment

A common problem some home buyers face is having enough for a down payment, particularly if they’re young or first time home buyers. You will need to put down between 5% and 20% for a house.

The online financial calculator, as well as a reputable mortgage broker, will help you calculate how much you will need for a down payment.

3. Meet With a Mortgage Broker

Early on you should meet with a reputable mortgage broker to be pre-approved for a loan based on your FICO score, savings, and income. Other factors come into qualifying for a loan, and a good mortgage broker can explain these to you so you can begin to plan accordingly. Generally, most lenders believe your mortgage payments should not total more than about 1/3 of your gross income.

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Some banks think it can be closer to 28% including mortgage, insurance and taxes. Always discuss closing costs both with the mortgage broker and later with your real estate agent. Sometimes they are negotiable, but you won’t know unless you ask!

4. Interview Real Estate Agents

It’s always smart to meet with several real estate experts. Ask friends and colleagues for a recommendation.  A good agent will be thorough, ethical, and help you get the best possible purchase price.

Be prepared to have frank conversations with them about your home needs, ideal neighborhoods, schools, and, of course, your price range. It’s important to note that an ethical realtor acts on your behalf, not the seller’s!

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5. Do Your Research!

If you haven’t already done so, do your research on neighborhoods and schools, if this is relevant to your family. There is a lot of information you can research online. These three websites are a good place to start: Zillow.com, Trulia.com, and Realtor.com. All provide detailed information.

6. Order a Home Inspection

When you are buying a home, it’s critical to ensure that it is safe, and there are no hidden surprises once you’ve moved in. A thorough inspection by a reputable and skilled inspector is a must, and in some areas of the country, it is required by some lenders. A qualified inspector can conduct a variety of inspections including a pre-purchase home inspection and others tests such as air-quality and redo testing if needed.

You should always ask to do a walk-through with your home inspector to see exactly what he sees and what he is looking for. This will help give you a better overall picture of the home. You should write down questions about the home and ask him during the walk-through, this infographic breaks down the essentials of what you need to know as a homeowner as far as the mechanical systems as well as the different pertinent shut-off valves in your home. An inspector uses a comprehensive checklist and reviews all of a house’s major systems such as electrical and plumbing. Order your inspection as early as possible in the due-diligence period in case an inspection uncovers any issues and you need to renegotiate your initial offer.

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Conclusion:

These six points underscore the importance of being a well-informed buyer. Just like any contract negotiation, it’s important to understand all of the information before you purchase a home.

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Last Updated on February 11, 2021

Want to Get Free Product Samples Like Bloggers and Beauty Gurus Do? Read This.

Want to Get Free Product Samples Like Bloggers and Beauty Gurus Do? Read This.

Imagine receiving a regular supply of free samples through your letterbox?

These free samples by mail could include things such as cleaning products, cosmetics and packaged food.

Free samples are a great way to try out some of the latest products. One week you may have a new toothpaste to try – the next week you may be snacking on a delicious chocolate cookie sample.

As the saying goes, variety is the spice of life. And by requesting free samples by mail (I’ll show you how shortly), you’ll have not just variety – but fun too!

Tell Me More About Getting Free Samples Sent to My Door!

So, it looks like I’ve caught your interest. That’s great news!

Just before I introduce you to 10 places where you can get free samples by mail, let me clarify a couple of things.

Firstly, all the places I’ll talk about are currently active in sending out free samples to consumers. (In other words, no links to out-of-date or dead pages!)

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Secondly, location is key. If you live in North America, then you’ll have a wide selection of places to sign up to. In other locations (for example, Africa, Asia and Europe), you’ll have fewer choices – but free samples by mail are still a possibility.

Lastly, to whet your appetite for the freebies, here’s a short list of product examples:

  • Pet food.
  • Beauty products.
  • T-shirts.
  • Greeting cards.
  • Wallets.
  • Snack bars.
  • Vitamins.

Free Samples by Mail… Tell Me Where to Get Them!

It’s now time to share my recommendations for the best sites to claim free samples from.

Let’s start with…

#1 SampleSource

    This company sends out boxes of 6-12 free samples about four times a year. Products include baby wipes, cereals and tissues. Register with SampleSource to be notified of the availability of their free samples. (Canada and U.S. only.)

    #2 Influenster

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      As their name suggests, Influenster wants to send free samples to you in exchange for you sharing about the products on your social media accounts. Once you’ve become a member (join for free!), they’ll send you a box of free goodies every few months. The more you share pictures and reviews of the products – the more free samples they’ll send you! (All major territories.)

      #3 PINCHme

        This organization will send you free samples in the hope that you’ll then go out and buy the equivalent full-size products. To receive regular boxes of free food, drink and cosmetic samples (and sometimes coupons), then sign up and create your profile. (U.S. only.)

        #4 House Party

          Thinking of throwing a house party? If yes, then be sure to sign up with this company. They’ll send you a box of ‘themed’ products and services that you can hand out at your party. Register with House Party. Wait for the fun freebies to be mailed to you. And then start sending out your party invites! (Worldwide.)

          #5 YoFreeSamples

            This site is a great resource for a whole host of free samples that can be mailed directly to your door (with no survey requirements!). You’ll find anything from books to perfume, with new offers listed daily. Head over to their site to see what’s currently available. (Mostly U.S., with occasional offers for other countries.)

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            #6 Magic Freebies

              The U.K.’s most popular freebie site. Register for their email newsletter, and they’ll send you a daily email with eight free sample offers. These include products such as disposable razors, dog bowls, and even fake tan! So, what are you waiting for? (U.K. only.)

              #7 SweetFreeStuff

                Since 2002, this simple site has been linking to the best free sample offers currently available. To get started, sign up to their daily email newsletter, which contains links to the latest offers. As well as free samples, SweetFreeStuff also gives information on coupons and deals. (Worldwide.)

                #8 Sample A Day

                  Would you like to receive a notification of a new free sample every day? Well, that’s the promise from this site. They claim to thoroughly research all offers, ensuring there are no catches or hidden surveys! From baby products to socks, this site is sure to have something for you. Registration is super-easy. Simply enter your email address. (Australia, Canada, U.K. and U.S. only.)

                  #9 Pretty Thrifty

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                    This site specializes in free beauty products, but also lets you claim free samples such as energy drinks, snack bars, and even magazine subscriptions. Pretty Thrifty has more than 85,000 followers on social media, so clearly knows how to attract free sample hunters. One thing that makes Pretty Thrifty stand out from most of their competitors, is that their email newsletter is available in daily, weekly and monthly formats. (Mostly U.S., with occasional offers for other countries.)

                    #10 CrazyFree

                      My final tip for getting the best free samples by mail, is Australian company CrazyFree. Their funky website offers big brand free sample offers, which currently include items such as Dolce & Gabbana perfume, Coke Zero, and Happy Dog pet food. To claim the offers, select the free samples you would like, and then complete their registration form. (Australia, U.K. and U.S. only.)

                      Receiving regular free samples by mail is a fabulous way of testing out the latest products on the market (and some that aren’t even on the market yet!)

                      You’ll impress your friends and family with all the free stuff you’ll be receiving. And take it from me… it’s a fun, free and rewarding hobby.

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