If your first foray into the real estate market is buying from Trumark Homes, you may make a pleasant discovery. Even though your monthly payments are equal to or greater than your previous monthly rental, you end up with more money at the end of the year. That’s because many of your home ownership expenses are tax-deductible. Here’s a run-down on what you can take off your 1040:
Your interest payment is the biggie because it forms the bulk of your monthly payment during the early years. You can deduct the whole interest amount unless your mortgage balance is over $1 million dollars if you file jointly with a spouse. Other deductible expenses include the penalty charge if you’re late with the amount due and the prepayment penalty, if you decide to pay off your mortgage early. Read Full Story
Congratulations! Trumark Homes has just completed the final touches on your home so you’re excited to move in. You’ve called around and found a reputable moving company who has given you a quote based on how much you’re moving and from where. Examine those numbers carefully. The company can add several fees to drive those costs up.
DIY v. Professional Movers
Don’t automatically assume hiring movers is more expensive than moving yourself. While that rental truck looks like a good deal, too many do-it-yourself people put a lot of sweat into a move, only to realize they’ve spent more on a U-Haul than they would have on professional movers. When considering professionals, collect at least three quotes from different companies. Despite what you might think, it is possible to negotiate with movers. Even moving companies have an off-season: if you can time your move during fall or winter, companies often lower their rates as much as 30 percent, according to moving industry consultant Vasi Atanasova. Read Full Story
When you think about California, images of pristine beaches, beautiful movie stars and glamorous lifestyles of the rich and famous come to mind. Although there are miles of beaches and it is home to Hollywood and Silicon Valley, there’s much more to the Golden State. If you want to buy a house in California, here are five things you need to know before you move. Not only will they make the transition easier, but they’ll also help to clear up any misconceptions you have about the state and the people who live there.
Despite the fact that California is home to movie stars and countless celebrities, the odds are very slim that you’ll have one as a neighbor. You may, on occasion, run into someone famous on the street, in a restaurant, or out shopping, but don’t count on it. The truth is, most of the 38 million folks that live in California are normal, every day people just like you. You’ll find a wealth of diversity, no matter what part of the state you decide to call home.
Traffic Is Intense
California’s freeways can be incredibly difficult to traverse during certain parts of the day. The gridlock can hold you hostage in your car. One thing that helps keep traffic moving are the carpool lanes designated for vehicles with more than one passenger. For the most part, the heaviest traffic times are between 6 and 9 in the morning, and again between 3 and 7 in the afternoon. If at all possible, you should plan your excursions for the low traffic hours.
Ask just about anybody what state has the most earthquakes every year and they will more than likely say California. The truth is, Alaska and Oklahoma both experience more earth shaking events than California. That said, California does have quakes. However, the vast majority of them are small tremors that do little damage or are not even felt. The state has the dubious distinction, though, of having some of the most destructive earthquakes, due in part to the large population and extensive infrastructure.
Drought Is A Real Issue
California is in its fourth year of a major drought. Cities across the state recently were ordered to reduce their water usage by 25 percent to help ease the burden. That means you’ll see fewer green lawns, since watering them is restricted. If you’re moving from a place that doesn’t experience drought, it’ll take some getting used to.
If you are thinking about buying a home in California, contact us at Trumark Homes. We have beautiful, spacious homes available in some of the most desirable, friendly areas in the state including Milpitas, Newark and Silver Lake. We would love to tell you all about them.
Even before you have settled into your new home, it is time to start thinking about your family’s emergency preparedness plans. As California home builders, we can build the house, but it is up to you to prepare for any disasters which may arise in the future.
One of the most important first steps is to create an evacuation plan. The reality is that wildfires and earthquakes are common in California. It is important to know how you can safely get out of your home in a hurry.
You should have at least two escape routes from each room in your home. Escape ladders can be used in upstairs rooms. Not only should they be readily accessible to the upstairs rooms, but you should practice using them on a regular basis. Then if disaster does strike, you will know how to properly use the ladder, and family members are less likely to panic. Read Full Story