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Turn the Key
Now the real work and the real joy of home ownership begins. If you organized your move to coincide with closing day, be sure you allow enough time (several hours) between the closing and the movers' arrival. If you have several days between closing and moving in, this is the time to paint, re-carpet, and make any minor repairs not covered in your transaction. Then start getting settling in your new home and planning for the future.
The most important thing you can do is to start rebuilding your finances:
Turn the Key
Create a new monthly budget.
You will probably need to make some adjustments to accommodate your new mortgage. Budgeting to Buy suggests 20 ways to save money, and Reducing Your Debt offers tips on keeping debt down.
Consider paying your mortgage through electronic transfer.
This is one way to ensure that you pay your loan on time.
Try not to accumulate new credit debt.
You've just taken on a mortgage. If you need to refinance, the lender will scrutinize your credit record again.
Set aside new emergency funds.
You may have depleted them to add to your down payment.
Start a record file for home improvements and make it part of a permanent home file.
Get to know your property and give your home another once-over. Keep a list of what you do, when you do it, and costs (keep receipts). Should you decide to sell, it can help you price your home, and buyers may request documentation for the work you've done.
Be prepared for new junk mail.
Most will come from companies that want to sell you life insurance to cover your mortgage, biweekly loan payment services and homestead protection. The majority are unnecessary expenditures.
  Enjoy building equity and tax savings.
These are not the only reasons you bought a house, but they're darn good ones.

South Florida Real Estate Experts
1580 Sawgrass Corporate Pkwy – Suite 130
Sunrise, FL 33323 

2385 Executive Center Dr. – Suite 100
Boca Raton, FL 33431
Phone: 954.483.8065




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