Assessing safety concerns when moving to a new neighborhood, practical tips to keep in mind

Moving to a new city or new home is an exciting chapter in anyone's life. Choosing a new neighborhood is a big decision, and safety concerns when moving to a new neighborhood should always be a priority.

Photo: Ricky Esquivel/PEXELS

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SNS - Moving to a new neighborhood is an exciting chapter in your life, filled with opportunities for fresh experiences and connections. However, it's natural to feel cautious about your surroundings.

Safety concerns when moving to a new neighborhood are among the most important factors to address before settling into a new home. Understanding what to look for and how to evaluate a community’s safety, you can make a confident choice about your future home. Here are some practical steps to help prioritize your safety while embracing the excitement of moving to your new neighborhood.

Start with Researching Neighborhood Safety

Knowing the safety record of a neighborhood is an important first step. Start by reviewing local crime statistics from trusted sources like government websites or public safety reports, as these numbers can give you an overview of the area’s safety trends.

Compare the crime rates of your chosen neighborhood to nearby areas, focusing on the types of crimes reported, as property crimes like theft might impact your daily life differently than violent crimes. Stay informed about recent events by reading local news articles that highlight ongoing concerns or improvements in the area. If possible, reach out to local police departments for insights into common safety issues and efforts to address them, combining data and expert input to build a strong foundation for evaluating the neighborhood’s safety.

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Photo:Alicja Podstolska/Unsplash

Take time to visit the neighborhood you are considering to relocate your home. Observe the neighborhood at different times of the day to get a sense of its activity levels and overall vibe.

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Addressing Moving Day Safety Concerns

Before you dive into the moving process, it’s important to check out the dos and don'ts for moving day to stay safe and organized.

Proper planning can make all the difference. Start by labeling your boxes clearly to avoid confusion when unpacking, and create an inventory list to track everything. Packaging in stages is also a good idea, leaving out only what you need until the last minute. Overpacking boxes can make them too heavy to handle safely, so be mindful of their weight.

Don’t forget to notify important parties, like your utility providers and postal services, about your address change—especially if you're moving within states like Connecticut, where state law requires movers to be licensed for certain types of moves. Avoid rushing the process—take your time to carefully load and organize your items, reducing the chance of accidents and damage.

Observe the Neighborhood Atmosphere

Photo: PhotoNews/Clark Brooks

Take time to visit the area you want to live and talk to current residents. Check out the night life and security measures.

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Taking time to observe the area can reveal important details about safety concerns when moving to a new neighborhood. Visit the neighborhood at different times of the day to get a sense of its activity levels and overall vibe. Look for well-lit streets; good lighting can deter crime and make evening walks more comfortable. Pay attention to the condition of public spaces, parks, and sidewalks, as a well-maintained environment often reflects a community that values safety. Notice if homes and businesses have visible security measures, like surveillance cameras or sturdy fencing.

Check for signs of active community involvement, such as neighborhood watch programs or posted safety guidelines, as these indicate a collective effort to maintain a secure environment.

Assess Safety Concerns When Moving to a New Neighborhood by Speaking with Current Residents

Speaking with people who already live in the area can give you a clearer picture of the neighborhood’s safety. Ask them about their experiences and whether they feel comfortable walking around at night. Residents can provide valuable insights that might not be obvious during a visit, like how often they hear about thefts or other issues. Engaging in these conversations is also a great way to start building new connections, which can help you feel more rooted and informed in your new environment.

Find out if there are any community-led safety initiatives, such as neighborhood watch groups or regular meetings to discuss concerns. You can also ask for their recommendations on local resources, like trusted repair services or safe routes for walking and biking. Personal stories often paint a more accurate picture than statistics alone.

Assess Proximity to Emergency Services

Living near emergency services can greatly impact your sense of security, especially in unfamiliar surroundings. Start by checking the distance to the nearest police station and fire department, as shorter distances often translate to faster response times in emergencies.

Research how efficiently these services operate by looking into average response times for the area and any recent feedback from residents about their experiences with local emergency responders. In addition, consider the proximity of hospitals or urgent care centers, particularly if you or your family have specific medical or health needs that might require quick access to treatment.

Look into School and Family-Friendly Ratings

If you have children or plan to in the future, evaluating the neighborhood’s family-friendly features is crucial. Start by researching local schools, focusing on their academic performance and safety protocols. Schools with a strong reputation often reflect a community that prioritizes safety and development. Check if the schools have measures like secure entrances, regular safety drills, or anti-bullying initiatives in place.

Beyond education, explore parks, playgrounds, and recreational areas, as these spaces should be clean, well-maintained, and actively used by families. Look for signs of regular upkeep, such as trimmed grass, functioning equipment, and good lighting. Consider family-oriented community programs or events that promote connection among neighbors. A neighborhood that supports families in these ways often indicates a safe and welcoming environment for everyone.

Utilize Digital Tools and Apps

Technology can be a powerful ally when assessing neighborhood safety. Crime-mapping websites or apps can help visualize recent incidents and identify patterns in specific areas. These tools often let you filter data by type of crime or time frame, helping you spot trends that might not be obvious otherwise.

Join neighborhood forums or social media groups where locals share updates and discuss safety topics. These platforms can provide firsthand accounts of incidents and tips from residents. Look for reviews on moving or real estate websites, as they often include safety-related comments from past or current residents. By combining these digital resources, you can gain a more comprehensive understanding of the neighborhood’s safety without relying solely on in-person visits or official reports.

Test Your Comfort Level

After gathering information, it’s time to trust your instincts. Spend time in the neighborhood at different hours, especially during the evening and nighttime, to see how it feels. Walk around and observe your surroundings—do you feel comfortable and at ease?

Visit local shops, parks, and restaurants to get a sense of the community’s atmosphere and how friendly or welcoming people are. Talk to residents, if possible, and see if they seem happy and safe in the area. If you can, take a walk along routes you would use regularly, such as the path to work, or observe the bus route to school to assess how safe you feel. This hands-on experience is often the best way to judge whether a neighborhood is right for you and your family’s safety needs.

Choosing a new neighborhood is a big decision, and safety concerns when moving to a new neighborhood should always be a priority. Research thoroughly, visit the area, and talk to residents. Use digital tools to check crime rates and safety. Assess the proximity to emergency services, schools, and family-friendly spaces. Test your comfort level in the area to decide if it feels right for you. Trust your instincts and prioritize your peace of mind above all when selecting your new neighborhood.

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Op-Ed |Hating on immigrants hurts everyone - except for elites

Photo: Photo by Manny Becerra/Unsplash

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by Sonali Kolhatkar

     OtherWords

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Republicans are counting on fears of immigrants to draw white conservatives to the polls. This calculation is dangerous — and it lets the real villains in our politics off the hook.

There’s a direct line between Donald Trump’s 2015 declaration about Mexican “rapists” and his 2024 lie about Haitians eating pets. Trump’s running mate, Senator JD Vance (R-OH), has echoed the horrific contention about Haitians even while admitting it was a lie.

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In Vance’s world, immigrants are smuggling fentanyl and importing illegal guns.

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Both men are married to women of immigrant origins and may not even believe their own lies. In fact, as a Yale law student in 2012, Vance wrote a blog post decrying Republican anti-immigrant rhetoric. But after he found how convenient it is to bash immigrants for votes, Vance asked his former professor to delete it.

During the vice presidential debate between Vance and Governor Tim Walz (D-MN), Vance scapegoated immigrants every chance he got. In Vance’s world, immigrants are smuggling fentanyl and importing illegal guns. They’re also driving up housing prices while simultaneously putting downward pressure on wages by working for pittances.

Never mind that it’s mostly U.S. citizens smuggling fentanyl, and that illegal guns are flowing the other way across the border — from the U.S. into Mexico. Never mind that it makes no sense for immigrants to be working for less while paradoxically being able to afford homes that Americans cannot.

Truth and logic are beside the point. Fear of the “other” is the plan. This makes life very dangerous for immigrants. Haitian migrants, among others, are facing threats to their safety.

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Beating the racist, anti-immigrant drum is the first step toward violence.

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Trump has repeatedly deployed Hitlerian language to describe immigrants, blaming them for “poisoning the blood” of the country and claiming that they commit homicide because they have “bad genes.” (One can hardly imagine him extending the same logic to mass shooters, who tend to be overwhelmingly white and male, or to the two white men who recently tried to assassinate him. According to Trump, being white means you have “good genes.”)

Beating the racist, anti-immigrant drum is the first step toward violence. The United Nations identifies hate speech as a “precursor to atrocity crimes, including genocide,” and scholars of past genocides have drawn clear links between language that “otherizes” whole communities and pogroms aimed at them.

Anti-immigrant lies also harm native-born Americans. Trump, Vance, and their supporters recently unleashed rumors falsely blaming immigrants for disaster relief difficulties. Elon Musk jumped on the bandwagon, claiming that “FEMA used up its budget ferrying illegals into the country instead of saving American lives.”

FEMA Administrator Deanne Criswell called these lies part of a “truly dangerous narrative.” Even Republican governors of hurricane-hit states are deeply appalled, warning that these lies threaten to disrupt disaster recovery efforts.

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If right-wing politicians really want to help Americans struggling with economic stressors, they could ban hedge fund managers from buying up homes.

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Most importantly, the purveyors of anti-immigrant hate let corporate power and wealthy elites — like Musk — off the hook for the problems facing Americans.  Hedge fund managers, not immigrants, are outbidding Americans for housing. Corporate employers keep wages low and privatization has ruined healthcare, not immigrants.

Oil and gas corporations are responsible for the catastrophic climate change fueling hurricanes like Helene and Milton, not immigrants. (Indeed, migrant workers often help rebuild after these catastrophes as communities struggle with a labor shortage).

If right-wing politicians really want to help Americans struggling with economic stressors, they could ban hedge fund managers from buying up homes, support single-payer health care, increase the federal minimum wage, tax billionaires, divert money from war to climate, hold fossil fuel companies accountable for climate crimes, and back a renewable energy transition.

Instead, they attack immigrants — and do nothing.

Attacking immigrants and calling for mass deportations will do nothing to ease the very real struggles people face. What it will do is whip up hate and violence, give the purveyors of hate the political power they desperately seek, and let corporate vultures off the hook.

About the author:
Sonali Kolhatkar is the host of “Rising Up With Sonali,” a television and radio show on Free Speech TV and Pacifica stations. This op-ed was distributed by OtherWords.org.

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Money Matters |Low down payment mortgages help first-time home buyers

(Brandpoint) - Traditionally, saving up for a 20% down payment has been the largest obstacle for aspiring homeowners and this challenge is even more acute when interest rates drive monthly mortgage payments higher. Despite higher rates cooling home sales last year, hundreds of thousands of first-time homebuyers leveraged private mortgage insurance (MI) to put as little as 3% down to access homeownership.

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It would take the average homebuyer 27 years to save for the down payment and closing costs.

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According to a report released by U.S. Mortgage Insurers (USMI), 64% of homebuyers who used private MI last year did so to purchase their first homes and to begin building equity, a 6% increase in first-time buyers' share of the market from 2020. Considering a 20% down payment on the national median home price of approximately $425,000 is $85,000, many aspiring homeowners without the resources to make large cash down payments understandably choose private MI. After all, putting 5% down on that same home requires saving only $21,000 in comparison. USMI reports that 35% of homebuyers using private MI in 2023 had annual incomes lower than $75,000.

"Private MI remains one of the most helpful tools available to first-time and low- to moderate-income buyers in the market. Private MI helps borrowers overcome the large down payment barrier to affordably and sustainably qualify for financing and start reaping the benefits of homeownership years earlier," said USMI Board Chairman and Enact President and CEO Rohit Gupta.

In 2023, private MI helped 800,000 buyers purchase homes using low down payment mortgages, and 39 million homebuyers have achieved this cornerstone of the American dream with private MI since it was first introduced. If a 20% down payment were required, it would take the average homebuyer 27 years to save for the down payment and closing costs, three times longer than the time it would take to save for the 5% down payment that is often used with private MI. Fortunately, you don't need a 20% down payment to become a homeowner.

USMI President Seth Appleton described the role that private MI plays for housing affordability and access as "opening the homebuying experience up to working families, including first-time buyers. People do not need to save for 20, 30 and even 40 years to meet the mythical - but not required - 20% down payment threshold to be able to afford their first house; instead, millions of homebuyers have achieved the American dream of homeownership and started building their wealth and equity by using private MI."

Another advantage for homebuyers, according to USMI, is that private MI is a temporary cost; monthly borrower-paid MI can cancel after the homeowner establishes sufficient equity either through regular payments or home price appreciation. When mortgage insurance is canceled, the borrower's monthly overall payment goes down.

There are many financing options for homebuyers to consider. Learn how you might be able to use private MI to start your homebuying process at lowdownpaymentfacts.com, a resource launched by USMI to offer homebuyers low down payment mortgage information and dispel the myth that a 20% down payment is required to become a homeowner.

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Living nightmare; moving scams are the worst

Photo: StatePoint

During initial contact with the landlord or a rental company, ask questions about the leasing process. Before signing that new lease, you should read it thoroughly. If something seems off, clarify it beforehand or walkaway from the rental.

StatePoint Media - In difficult economic times, fraudulent housing schemes become more prevalent, impacting homeowners and renters alike. To help you avoid becoming a victim of fraud, Freddie Mac is sharing the following insights and tips about the most common tactics and scams.

Predatory Lending

Previous financial disasters have led to more robust consumer protection laws. Nevertheless, you should remain vigilant about predatory lending. Look for warning signs, such as pressure tactics, incomplete, confusing or contradictory loan terms, and high rates and fees, including penalties for paying your loan off early. Additionally, lenders should not suggest you take out more credit than you need or suggest a monthly loan payment that does not cover the interest due on your loan. It’s important to work with someone you trust. If you’re hesitant to move forward with a lender, consult a HUD-certified housing counselor or lawyer to gain a better understanding of the loan terms.

Foreclosure Rescue Fraud

Fraudsters often target those in distress. During times of financial hardship, be especially aware of foreclosure rescue fraud, where someone falsely promises to be able to save your home from foreclosure. Common elements of this scheme include the fraudster requiring you to sign over the title to your home, asking you to sign unfamiliar documents or share personal information, and charging you rent to stay in your home. They may also offer to pay your delinquent mortgage by purchasing your home with the promise that you can repurchase it when your financial situation improves. If you’re struggling with mortgage payments, don’t deal with unknown entities. Directly contact your loan servicer, a HUD-certified housing counselor or a Housing Finance Agency for legitimate options to help avoid foreclosure.

Fraudulent Leases and Units

Millions of Americans have lost money due to fraudulent rental listings. You can avoid becoming a victim of this scam by always seeing a unit in person or over video conference before renting it, and by never paying a security deposit until you have signed a lease. Be sure to read your lease thoroughly before you sign it, asking questions about any concerning details early in the process. When rental unit hunting, be wary of red flags such as prices that are too good to be true, listings riddled with grammatical errors and property managers asking for personal information before you’ve seen a unit.

Moving Fraud

Typically, moving fraud occurs when scammers who act like legitimate movers provide a low estimate and, once you move, demand a higher price and withhold your belongings until you pay. To avoid this scam, research the company to ensure it is legitimate, insured and has good reviews. You should also know that reputable moving companies never require advance payments or use high-pressure sales tactics.

Report Scams Immediately

If you believe you’ve been a victim of a scam, take the following actions:

• If a criminal has your identification information, call your creditors to cancel your credit cards. Review your transactions to make sure you recognize them. You can also request that creditors receive your written consent before changing your mailing address or sending a replacement credit card. Your creditors may advise additional precautions.

• Contact the credit bureaus to freeze your credit reports so that there’s no activity on your reports unless you approve it.

• Report the scam to one or more of the following entities: the Federal Trade Commission, the Consumer Financial Protection Bureau, HUD’s Office of the Inspector General Hotline, and the U.S. Department of Justice.

To access Freddie Mac’s collection of fraud prevention resources, visit myhome.freddiemac.com.

Whether you’re a prospective homebuyer or seasoned renter, a scam could potentially impact you. Familiarizing yourself with common tactics can help you identify a scam before it’s too late.

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Guest Commentary | Any can value their home for whatever they think it is worth

by Glenn Mollette, Guest Commentator

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Many years ago I took out a second mortgage on my home. The house had grown in value and had at least $30,000 of equity. At that time, I had multiple reasons. The second mortgage added a second monthly payment to my already very tight budget. I made both the original payment and the second mortgage payment for a couple years until I was able to refinance both loans into a ten-year fixed interest rate loan. Fortunately, I was able to pay off the ten-year loan in about six years.

Let me hasten to say I would never want to do a second mortgage on my house again. Looking back, it was a bad financial decision. This type of loan is an option if you are in dire straits. At the time, I thought It was something I needed to do and it worked out.

My bank did ask what I wanted the money for and I told them my numerous reasons. Essentially, they didn’t care. They only cared that I had the financial ability to pay it back. They cared if my property was valuable enough to cover their costs if I defaulted on my loan. They wanted to verify my income, any other loans, and review my previous three years of income tax reports.

After the deal was made, I didn’t hear anything from the Attorney General or any federal judges about my loan from the bank. No one hounded me about my interest rate or the fixed number of years I would pay back the loan. The arrangement was made between my lending institution and me. It wasn’t anyone else’s business.

Let’s say I determine my house today is worth a million dollars. It’s not, but I can say it is based on what it means to me.

Anyone can value their property for whatever they think it’s worth. Let’s say I go to the bank and want to borrow $600,000 against my one-million-dollar house. At this point the bank has to begin their process of determination. They will do an appraisal of my house. They will then look at my income and any other assets. They will determine if they think the loan is in their favor to make.

If in reality my house is only worth $400,000 then they may say we can’t loan you the $600,000 but we can loan you $200,000. It then becomes the decision of the lender as to how they want to proceed with the loan and how much they want to loan. If I falsify my financial records in order to get the loan then that becomes problematic. If the lender does a good job in verifying the value of the property, there shouldn’t be a problem.

If the lender for some unlikely reason determines to loan me the $600,000 because I’m a good customer and they like me, then the deal is between the lender and me. Can you imagine a judge or Attorney General saying they don’t like your loan arrangement?

Are the lending institutions after Donald Trump? No. If they think he has done something bad or they aren’t receiving their money they will go after him. The most recent national courtroom scene in NYC is another political sham.

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He is the author of 13 books including Uncommom Sense, the Spiritual Chocolate series, Grandpa's Store, Minister's Guidebook insights from a fellow minister. His column is published weekly in over 600 publications in all 50 states. The views expressed are those of the author and are not necessarily representative of any other group or organization. We welcome comments and views from our readers. Submit your letters to the editor or commentary on a current event 24/7 to editor@oursentinel.com.

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The art of unpacking: Getting settled into your new home

Rather than haphazardly opening boxes, tackle one room at a time. Start with the essentials, such as your bedroom and kitchen.

Photo:HiveBoxx/Unsplash

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SNS - Moving into a new home can be an exciting and overwhelming experience. It's a fresh start, a blank canvas waiting for you to make it your own. But before you can truly settle into your new home, you'll need to master the art of unpacking and organizing. This guide will take you through the steps and strategies to turn your new space into a comfortable and inviting sanctuary.

Creating a Vision for Your New Home
Before you dive into the physical aspects of unpacking and settling in, it's crucial to have a clear vision of what you want your new home to be. Think about your style, your preferences, and the functionality of each space. Creating a vision will guide you throughout the process and make decisions more manageable.

Consider the flow of your home. How do you want to move through it? Imagine the layout that will best suit your family's needs. Visualize the colors and themes you'd like to incorporate to give each room a unique personality. By carefully crafting this vision, you'll find it easier to choose the right furniture and decorations that match your dream for your new home.

Declutter Before You Unpack
Decluttering is one of the most critical steps in settling into your new home. We're talking about those items that you've held onto for years but never actually use. Those are absolutely the right things to leave behind when moving. Before you start unpacking, go through your belongings and decide what's worth keeping and what you can let go of. This will make the process of unpacking much more manageable and set a fresh, clutter-free tone in your new home.

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Photo:Cottonbro Studio/PEXELS

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Take into account the emotional aspect of decluttering. Parting with items can be challenging, but it can also be liberating. Take the opportunity to reminisce about the memories associated with each possession and decide if it truly adds value to your new life in your new home. Keep in mind that decluttering is not just about creating physical space; it's about making room for new experiences and a fresh start in your new environment.

Plan Your Space
Once you've decluttered, it's time to plan your space. Consider the layout of each room and how you want to use it. Sketch out a rough floor plan to help you decide where furniture should go and how to maximize the available space. This planning stage will prevent you from moving items around unnecessarily once you've placed them.

Unpack Room by Room
Now, it's time to start unpacking. Rather than haphazardly opening boxes, tackle one room at a time. Start with the essentials, such as your bedroom and kitchen. Unpacking room by room will give you a sense of accomplishment and help you prioritize what needs to be done first.

In addition to feeling a sense of accomplishment, unpacking room by room allows you to immerse yourself in each space fully. It's an opportunity to visualize how you want to arrange your furniture and decor in a way that suits the room's purpose. Take your time, savor the process, and relish in the satisfaction of completing one room before moving on to the next.

Organize Your Belongings
As you unpack, take the opportunity to organize your belongings efficiently to settle into your new home properly. Use storage solutions like shelves, bins, and dividers to keep things neat and easily accessible. Label boxes clearly to avoid confusion, and consider color-coding or numbering them for added convenience.

Efficient organization doesn't stop at just storage solutions. It's also the perfect time to take inventory of what you own. You might rediscover items you forgot about or find a more fitting place for them in your new home. Organizing your belongings this way ensures that you know where everything is, making daily life more manageable and enjoyable. It's a chance to declutter not just physically but mentally as well.

Set Up Your Personal Space
Your personal space, like the bedroom, is where you'll spend most of your time. Set it up first to create a haven within your new home. Make the bed, unpack your clothes, and add personal touches that make the space uniquely yours. It will provide comfort and routine in the midst of change.

Tackle the Kitchen
The kitchen is the heart of any home, so give it some love. Unpack and organize your kitchen essentials, and make it functional. Set up your appliances, utensils, and cookware in a way that makes cooking and meal prep a breeze. A well-organized kitchen will make your daily routine more manageable.

You could also add some decorative touches like colorful curtains, stylish dishware, or a cozy rug underfoot. These little details can transform your kitchen into a place where you not only cook but also enjoy spending time with family and friends. Don't forget to stock your pantry and fridge with your favorite foods and ingredients so you can whip up a meal that feels like home. Your well-organized and personalized kitchen will make daily life easier and create a warm and welcoming atmosphere in your new home.

Personalize Your Space
As you settle into your new home, it's essential to personalize it. Hang up your favorite art and photos, add decorative items, and choose a color scheme that resonates with you. Personalization will help you feel more connected to your space and create a warm, inviting atmosphere.

Explore the Neighborhood
Settling into a new home isn't just about what's inside; it's also about embracing the new environment. Take the time to explore your neighborhood, connect with your neighbors, and discover local amenities. Feeling part of the community will help you feel more at home.

Maintain a Routine, Stay Patient and Positive
Moving can disrupt your daily routine, but it's crucial to establish a new one as soon as possible. Stick to your regular habits, including meal times, exercise, and relaxation. Maintaining a routine will provide stability and help you adapt to your new surroundings more quickly.

The process of settling into your new home can be challenging, but it's essential to stay patient and positive. It's normal to encounter obstacles and unexpected issues. Approach each challenge as an opportunity to learn and grow. Over time, your new house will truly become your home.

A combination of planning, organization, and personalization will help you unpack and settle into your new home. Following these steps can ease the transition and make your new space a comfortable and welcoming environment. Remember that it takes time, patience, and a positive attitude, but you'll turn your new house into your dream home with dedication.

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Guest Commentary | It is worth it to buy a house

by Glenn Mollette, Guest Commentator

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A retired minister and his wife had never owned a house. They had spent all their married lives living in housing provided by churches. At age 65, they bought a house and financed it for 15 years. They had been frugal and had saved a good down payment. They paid for the house by age 80. The value of the house increased over the years and at age 83 they sold the house and received a very nice check. The money from the sale was enough to help them fund their next ten years in a nice assisted living apartment. While taking on a mortgage at 65 appeared crazy to some it afforded them financial security further down the road. 

Many years ago, I bought a modest new house that cost $151,000. I barely scraped together the nearly $30,000 down payment. The house was financed for 15 years.  I began the laborious journey of writing a monthly check to the bank. After about eight years, I needed money to pay medical bills and was able to borrow $30,000 against my equity. It was nice that I had the equity because at that time I really needed the cash. Looking back, I would never do that again because it made the actual cost of my house increase to $181,000. For a couple of years, I had two payments to make to the bank. A couple of years later my wife passed. If I had needed to borrow $10,000 against my house, I could have done so to pay for funeral expenses. Fortunately, we had both taken out small insurance policies that covered that cost. Eventually I refinanced and consolidated the mortgages. By the grace of God I still paid for the house in 15 years. 

I don’t like monthly payments or paying rent. For most of us, at some point in our lives there will be a monthly payment of some kind. I’ve lived in apartments on several occasions and even houses furnished to me by congregations I served. I didn’t care for either one. I’m not saying I wouldn’t do it again but my preference is to live in a place that is actually mine for as long as possible. 

Renting a house or an apartment works for many at different stages of life. Buying a house is tough because it is a major financial commitment.  You normally have to come up with 20% of the price to pay down as well as have the income to make the payments. That’s not always easy. 

New houses in a nearby neighborhood are presently selling for $400,000.  Most of them are modest three to four-bedroom houses. Having enough money to make the down payment and monthly payments is a lot for any person or family. 

However, rent is expensive. Depending on where you live you may be paying $800 to $3,000 a month for a small apartment. You don’t have maintenance or property taxes but you’ll also never see that money again. A friend of mine sold her house at age 70 and moved into an apartment complex for people over age 55. She pays rent but she says the landlord treats her well and is timely with upkeep. A landlord who is very untimely with upkeep is very frustrating. 

There are pros and cons to owning and renting. Choosing depends on your situation and personal preferences. A landlord can raise your rent and have rules pertaining to pets, painting, and more. However, it may be just exactly what you need. Typically, you don’t want to sink your money into property if you are going to move in three or four years. You might come out ahead if you buy a fixer upper and have the time and money to improve the property.  You don’t want to make a bad buy. Buying property that you can’t resell is a bad idea, unless you love it and plan to live there a long time. 

Keep in mind that a big chunk of most American’s wealth is in the house they own. If you pay for it and maintain it you can normally sell it to someone and recoup a lot of your money. You might even make a nice profit. 

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Dr. Glenn Mollette is a syndicated American columnist and author of Grandpa's Store, American Issues, and ten other books. He is read in all 50 states. The views expressed are those of the author and are not necessarily representative of any other group or organization.

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This article is the sole opinions of the author and does not necessarily reflect the views of The Sentinel. We welcome comments and views from our readers. Submit your letters to the editor or commentary on a current event 24/7 to editor@oursentinel.com.

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Five ways to increase the value of your home in today's competitive real estate market

Photo: Binyamin Mellish/PEXELS

SNS - There are many ways to increase the value of your home without making any significant changes, regardless of whether you want to sell or rent. If your property is in good overall condition and has been well-maintained, you should be able to get by with just a few quick changes. For instance, a fresh coat of paint and some yard upkeep are the usual things home do. Furthermore, these home improvements won't just make your house more appealing to potential buyers. These improvements will probably also raise its value, putting extra money in your pocket when selling.

So whether you want to sell now or later, these improvements can be a wise investment in your future. And while every home is different, there are simple ideas to increase the value of your home that can apply to any property. Moreover, they are also simple to make and won’t cost you a fortune.

Repair and replace

The little flaws in your home that you may have become accustomed to will be evident to buyers viewing it. Therefore, if you're considering selling your property in the future, look over it thoroughly and develop a list of all the little improvements you want to make before putting it on the market. It is not unusual for your home to have tiny issues in some parts, but you can quickly remedy them.

For instance, if there are broken lightbulbs, be sure to change them. If a faucet is leaking, replace it. It could be necessary to refinish hardwood floors, touch up moldings or door frames, or even replace them entirely. Making a good first impression on potential buyers requires little effort. So ensure to test the functionality of the smoke detectors, windows, drawers, and toilets. You will thank yourself later for doing so.

Repaint and refresh

A new coat of paint is one of the fastest ways to transform and refresh a house. One or two coats of paint will quickly revive the appearance of your property's interior or exterior walls if they start to seem dull, enhancing the impression your home gives. Of course, repainting the outside can be costly. However, this is typically a wise investment because potential buyers would use an exterior that needs work as a significant negotiating point. Also, when choosing the paint, stick to neutral hues. Bright paint or patterned wallpaper may be to your liking, but it might be a significant turnoff if it doesn't appeal to your potential buyers.

At the same time, when repainting yourself, focus on one room at a time. Pick a warm, dry day and relocate your furniture to a storage facility or your new home. It might be a challenge, but you can easily find the help you need with moving professionals in Chicago and in other major cities if you are planning to move to or from Urbana-Champaign. With the help of experts, your task will become a piece of cake. And as soon as you have the furniture out of the way, you can repaint and refresh your home freely.

Declutter and depersonalize

To determine the value of a property, buyers must view the space they will get. They want to examine the walls and floors, which can be challenging if most of them are covered with your possessions. You are selling a way of life and a dream when you put your home on the market. Therefore, buyers need to visualize the rooms and see themselves living there. As a result, eliminate all the clutter crowding the area and blocking the view. Go from room to room and make an inventory of your belongings. Then, sort the items in piles for keeping, donating, or throwing away.

At the same time, since no two people have the same taste in design and, as we mentioned, buyers need to be able to see themselves living in your home, you might want to take down very personal items. It doesn't always happen for something to increase the value of your home just because you like it or it defines you. So be very careful with what you leave in sight.

Improve the curb appeal

Buyers appreciate a nicely groomed yard; if you have one, it doesn't cost much to update yours. A home's yard is a good indicator of the overall level of work put into the property. Debris, unkept gardens, or messy yards can quickly turn buyers away. But you can improve your yard by adding plants, rocks, bushes, ground cover, trees, and mulch. That will make it seem attractive and new. A nice yard will encourage buyers to see themselves relaxing outside throughout the year, which will aid in the sale of the property.

On the other hand, because some buyers will only have the time to visit at night, pay attention to yard illumination. You can give your yard a modern and elegant look using outdoor illumination, such as solar lamps, path lights, wall lanterns, and fairy lights. Make smart investments

Our homes are growing smarter as the planet embraces the digital revolution. According to recent studies, almost all homes currently have at least one smart gadget. Smart doorbells, thermostats, locks, and lightbulbs are a few examples of such devices that you can operate using your phone or even your voice. Therefore, if you currently don't have any smart technology in your home, try investing in some, as it can offer a great return on investment. And since these gadgets are becoming inexpensive, you don’t even have to break the bank, but they can help you increase the value of your property. Additionally, you'll get to use your smart technology before selling your home.

Final words

There are many more ways to increase the value of your home. However, the ones we mentioned are popular, cheap, and require little effort. So if you plan on selling your home now or in the future, use these great ideas to make your sale successful and rewarding. Your buyers will be happy and satisfied with the property they bought, and you will have more money in your pocket.

Denied a home loan? Steps you can take to avoid it

Good credit demonstrates responsible money management and gives you more purchasing power

StatePoint Media - You have researched the best areas to live within your budget. Spent countless hours visiting homes or viewing them online and talked to seasoned homeowners to ensure you haven't missed anything. You finally make an offer on your dream home that is accepted, and then the worst happens, the bank won't okay your loan.

If you dream of homeownership, having your mortgage application denied can be devastating. If this does happen to you, it’s important to remember that you’re not alone. Thirteen percent of all purchase mortgage applications -- a total of nearly 650,000 -- were denied in 2020, according to federal government data.

Before quickly reapplying for a loan, it’s important to first understand the reasons your loan was denied. The lender is required to disclose that information to you within 30 days of its decision. You can also call your lender for further explanation. Having this knowledge will help you work toward building your eligibility for a mortgage.

Illustration: Clker-Free-Vector-Images/Pixabay

In some instances, the situation involves a quick fix, such as providing missing or incomplete documentation. However, if the reasons cited for your application denial involve down payment cost, a low credit score, an adverse credit history or a high debt-to-income ratio, here are six steps you can take toward recovery:

1. Consult a Housing Counselor. Consider speaking to a community-based credit counselor or a HUD-certified housing counselor. They can help you create a plan to increase your savings, decrease your debt, improve your credit, access down payment assistance or take advantage of first-time homebuyer programs.

2. Improve Your Credit. In a 2022 Freddie Mac survey of consumers denied a mortgage application in the past four years, three in five cited debt or credit issues as reasons given for their initial denial. If this describes you, take time to improve your credit profile before applying for another loan. Good credit demonstrates responsible money management and gives you more purchasing power, opening doors to better loan terms and products. Visit creditsmart.freddiemac.com to access Freddie Mac’s CreditSmart suite of free financial education resources that can help you understand the fundamentals of credit and prepare you for homeownership.

3. Pay Down Debt. In the application process, lenders will look at your recurring monthly debts, such as car payments, student loans and credit card loans. By lowering or paying down monthly debts, you can build a positive credit history and lower your debt-to-income ratio. Not sure where to start? Tackle your debt with the highest interest rate first.

4. Obtain Gift Funds. If you’re short on money for your down payment, you may be able to use gift funds from a family member to decrease the amount you need to borrow.

5. Find a Co-Signer. A co-signer applies for the loan with you, agreeing to take responsibility for the loan should you default. The co-signer’s credit, income and debts will be evaluated to make sure they can assume payments if necessary. In addition to ensuring your co-signer has good credit, you should make sure they are aware of this responsibility and have sufficient income to cover the payment.

6. Look for a Lower-Cost Home. Remember, you should only borrow an amount you feel comfortable repaying. You may need to look for a lower-cost home than you’re financially prepared to purchase and maintain.

For more information and additional resources, visit myhome.freddiemac.com.

If your home loan application is denied, don’t panic. There are ways to build your eligibility so that next time, your mortgage application is more likely to be approved.

Four tips to selling your home in today's market

Photo: Francesca Tosolini/Unsplash

NAPSI -- The real estate market is cooling down: Home inventory rose 9.6% between May and June. Interest rates are up. Thirty-year mortgage rates rose to 6.29% a week ago to their highest level since October 2008. And, inflation is still a problem for much of the country.

"The housing market in Illinois is showing signs of a return to normal conditions," Daniel McMillen, Head of the UIC Stuart Handler Department of Real Estate (SHDRE) said in a housing price forecast for the state to Illinois Realtors. "Prices have declined since their peak in June, sales are declining, and foreclosures are increasing. Our prediction is that house prices will continue to decline modestly over the next few months, while the number of sales will show its usual late-year slowdown."

Consequently, potential buyers are delaying their searches and home sellers are facing some daunting challenges.

But the good news is that these challenges are not insurmountable. Amanda Zachman, founder and executive director of MV Realty in Delray Beach, Florida, offers four guidelines to help you sell your home quickly—in any market.

1. Don’t overprice your home. Many homeowners hope to capture the attention of a single buyer willing to pay an inflated listing price but they end up scaring away potential buyers. And if you do attract a buyer at the inflated price, you’ll limit your negotiating power because the buyer has no competition. A better strategy is to list your home at a price equal to or slightly below market value; homeowners who do so often start a bidding war.

The lesson: "You will likely end up with a higher sales price if you begin with a lower list price," says Zachman.

According to Redfin, last month just 37.3% of homes in Illinois sold below asking price.

2. Find a good agent. Yes, you can sell your home without an agent. But should you? The answer is a decisive “no.”

Homeowners offer 6% less than the asking price of an FSBO because they believe they are entitled to a built-in discount since no agent is involved. A seasoned, licensed agent has comprehensive knowledge of the local market and will make the selling process as lucrative, painless and surprise-free as possible.

During a recent sale, for example, Zachman noticed a charge of $6,000 from a title insurance company on the closing statement. She realized that since the sellers had purchased the home less than three years ago, they could use their last policy. Her catch eventually saved the sellers $2,000.

"It’s unlikely that an inexperienced agent would have noticed this," she remarks. To assess the experience of potential agents, Zachman recommends careful research: "Do they know your area? Have they sold other homes in your area? What customer ratings have they earned? These seem like obvious questions, but they’re easy to forget when you’re eager to start the listing process."

3. Take your time. Speaking of eagerness, don’t rush to put your home on the market if it’s not ready. "Don’t list a messy or cluttered house," Zachman cautions. "You want to make sure that it’s orderly, show-ready and professionally photographed. Cellphone photos just won’t cut it."

She adds that the listing should contain all relevant information and that homeowners are prepared to respond to an offer. According to Zachman, "the most important timeframe for a listing is the first 14 days. You need to put your best foot forward so that the listing doesn’t get stale.”

4. Prepare for short-term inconveniences. Bad news for those who hate vacuuming: Your home should stay clean throughout the listing process.

“If you’re pricing your home appropriately, you can expect many showings and some will be at the spur of the moment,” Zachman points out. “But the right price leads to a fast sale, so you won’t be inconvenienced for long. Any effort you put toward mopping floors, washing windows and making beds will be well worth it.

"There are still ample opportunities for both buyers and sellers in this market," Zachman concludes. "If you follow these guidelines, you can successfully navigate through all kinds of market cycles. So, list at a reasonable price, work with an agent experienced in your market, remember that preparation is key, and expect a few inconveniences that shouldn’t last too long. Good luck!”

Don’t list a messy or cluttered house.

~ Amanda Zachman
MV Realty

Radon is common in most homes and easy to fix

StatePoint -- Radon is present at high levels in a surprisingly large number of American homes, schools and other buildings. While this naturally-occurring gas is odorless, tasteless and colorless, it’s far from harmless. Experts are raising awareness about the serious health risks associated with radon exposure and what you can do about it.

"Elevated radon in homes is more common than you may think. In fact, at least one in 15 American homes have elevated levels of radon, and this is something that shouldn’t be taken lightly. Exposure to radon is the second leading cause of lung cancer in the United States," says Albert Rizzo, M.D., chief medical officer for the American Lung Association. "The good news is that it is easy to test for radon. Do-it-yourself test kits are simple to use and inexpensive."

In an effort to eliminate this preventable lung cancer risk factor, protect all communities and buildings, and save lives, the Environmental Protection Agency (EPA), along with strategic partners like the American Lung Association, have launched a new five-year National Radon Action Plan. The campaign is sharing five important things to know about radon:

1. Radon exposure is life-threatening. Radon-related lung cancers are responsible for an estimated 21,000 deaths annually in the United States.

2. Smoking and radon exposure can separately increase the risk of lung cancer. If you smoke, exposure to both tobacco and radon enhances the risk of lung cancer even further.

3. The only way to detect radon in your home is to test the air. The EPA urges anyone with radon levels above 4 picoCuries per liter (pCi/L) to take action to fix their homes. Both the EPA and the American Lung Association recommend that mitigation be considered if levels are greater than 2 pCi/L. After high levels are detected and confirmed, a radon mitigation system should be installed by a radon professional.

4. Radon testing should always be done when you buy a home and after building a new home. Many states now require radon results (if known) to be disclosed during a real estate transaction. Some states require testing in priority buildings like schools and daycares.

5. When high levels of radon are detected, professional radon mitigation should be a priority. Do‑it‑yourself radon mitigation is typically not an effective long-term solution. Some state health departments offer financial assistance or low interest loans for radon mitigation.

Learn more about radon testing and mitigation at Lung.org/Radon.

While elevated radon is common, it is a problem that is easy to address. By finding, fixing and preventing high indoor radon levels, its health impacts are preventable.

Lender makes home loan process easier for buyers

Vanderbilt Mortgage and Finance, Inc., a Berkshire Hathaway company and Illinois Residential Mortgage Licensee, has launched a new video promoting its easy loan process.

"Getting a home loan should not be an intimidating and difficult process, and we are continuously working to make the home financing journey - from application to closing - as easy as possible," said company president Eric Hamilton "A seamless home loan process greatly improves the customer experience, which is at the heart of our business."

Vanderbilt also enhanced its online application to simplify the process for customers on the company website.

Along with making the loan approval process easier for customers, Vanderbilt is continuing a program offering no payments for 60 days. This program automatically extends most new customers' first mortgage payment due date for 60 days after closing. While there are some additional requirements and restrictions, the program gives customers extra time to focus on paying the costs of moving in, without worrying about their first mortgage payment.

Over the last two years, the mortgage company has published an updated version of their home loan guide that contains helpful articles designed to explain the loan process to customers and valuable tips to ensure they are prepared during each step along the way.