Eddie Hoskins - Hoskins Realty, Inc | 508-317-6045 | ed@hoskinsrealty.com


Posted by Eddie Hoskins on 7/30/2018

Personal financial in your twenties comes with a steep learning curve. One minute youíre studying for your finals and the next youíre expected to suddenly know about APR financing, 401(K)s, and fixed-rate mortgages.

If youíre in your twenties and are facing these new challenges, youíre probably equal parts terrified and excited for the future. And, although it can be anxiety-inducing to step into the world of personal finance, you have one tool to your advantage that your parents and grandparents didnít have: the internet.

So, in this article, weíre going to give you some tips about buying a home and managing your finances in your twenties.

Have an emergency fund

You probably have a lot of things you want to save for. Down payments on mortgages and auto loans, saving money for traveling, beginning your retirement funds, and maybe even starting a family; theyíre all important investments that will take time and financial planning to achieve.

However, one thing that many young people neglect when they first start saving is an emergency fund. There are any number of things that can throw a wrench in your plans in your twenties. You might lose a job and have to live off of savings while hunting for a new one. Maybe something goes wrong with your car and it costs hundreds to repair. Or, you could have unforeseen medical expenses that arenít covered by your insurance. Regardless of the reason, having an emergency fund will help you stay out of unnecessary debt.

Itís recommended to have at least 6 months of living expenses saved in your emergency fund. Once you have this amount saved, itís a good idea to keep it in a separate account to avoid spending it on things that arenít exactly an emergency.

Donít live above your means

We all know that buying a house, going to college, and even buying groceries are all exponentially more expensive than they used to be. However, itís still important to try to adjust your lifestyle to the things you can afford.

This includes the vehicle you drive, the first home you buy, and even smaller purchases you make.

Avoiding lifestyle creep

Related to our last point about living above your means, lifestyle creep is the phenomenon that occurs when you get a raise or a higher paying job: the more we make, the more we spend. However, itís possible to avoid this trend by keeping your finances in check.

The next time you get a raise, make sure that money is put to use in either your retirement fund or savings account. This method is based on the goal of ďgiving every dollar a job.Ē When every dollar you earn has a purpose, youíre less likely to spend it on new video game consoles every six months.





Posted by Eddie Hoskins on 7/26/2018

This Condo in Dracut, MA recently sold for $185,000. This Townhouse style home was sold by Eddie Hoskins - Hoskins Realty, Inc.


120 Thissell Ave, Dracut, MA 01826

Condo

$184,900
Price
$185,000
Sale Price

4
Rooms
2
Beds
1/1
Full/Half Baths
This Lovely Kenwood Gardens condominium is completely refurbished ready for occupancy. The unit features hardwood floors on the first floor, carpeted bedrooms on the second floor and has new appliances, fresh paint, new slider to the deck and a laundry room in basement. This is a Fannie Mae home path property.

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Tags: Real Estate   Dracut   01826   Condo  
Categories: Sold Homes  


Posted by Eddie Hoskins on 7/23/2018

One of the many challenges of putting your home on the market is keeping it clean!

That task can be even more difficult if you have kids, pets, and a busy schedule. If everyone is always rushing off to their jobs, classes, lunch dates, meetings, practices, or appointments, it's hard to keep your home in a perpetual state of cleanliness and order.

Probably the first step to keeping your house ready for real estate showings is to remind your family to clean up after themselves. While this may require more than one reminder, any amount of cooperation will help keep messes to a minimum. Implementing some sort of reward system or even a competition among siblings, can go a long way toward maintaining a semblance of order in the house. Some parents even post a calendar of assigned chores to make sure everyone does their fair share.

Professional Help May Be Needed!

Getting your home ready for real estate showings can feel like a monumental task, especially if you have a large house and a messy family! The good news is that you can hire some outside help without depleting your kids' college funds! Many households already have a house cleaning person or service that comes in at least a couple times a month to keep things looking civilized. If your house is actively being shown to prospective buyers, however, you might want to consider having your housekeeper clean the house a little more frequently than usual. That way, you only have to do some minor tidying up when your real estate agent notifies you about a scheduled house showing in a few hours or tomorrow morning.

If any of your rooms are carpeted and the floors haven't been professionally steam-cleaned for as long as you can remember, it may be time to hire a carpet cleaning service. Carpeted floors have an unfortunate tendancy of locking in stains, allergens, and ground-in dirt for months, if not years! Although you can often improve the appearance of your carpets by cleaning them yourself, it often requires the services of a professional carpet cleaning service to really get those stubborn stains out. You can often get recommendations from neighbors, friends, relatives, or coworkers, and can look for online reviews of carpet cleaners on social media websites.

Once you've cleaned, dusted, and sanitized the inside of your house, there may be one more area to tackle before you're ready to have your house shown: its exterior! Your home's siding may be covered with filmy layers of dust, grime, splatters, and environmental pollutants -- a condition which thankfully can be reversed by using the services of a local power-washing company. While not all power-washing services are created equal, a reliable one can remove years of accumulated filmy deposits from pollen, birds, spider webs, acid rain, snow blower splatters, rust, smoky emissions from backyard barbeques, vehicle exhaust emissions, and other miscellaneous air pollution.

So even though the environment, your family, and the wear and tear of normal, everyday use will take its toll on the appearance of your home, there are many things you can do to reverse that process and restore many aspects of your home's original freshness, charm, and appeal!





Posted by Eddie Hoskins on 7/20/2018

This Single-Family in Woburn, MA recently sold for $350,000. This Cape style home was sold by Eddie Hoskins - Hoskins Realty, Inc.


46 Webster St, Woburn, MA 01801

Single-Family

$345,000
Price
$350,000
Sale Price

6
Rooms
2
Beds
1/1
Full/Half Baths
GREAT STARTER HOME WAITING FOR TLC: All inspection costs are the responsibility of the buyer, including smoke detectors. The buyer will also assume responsibility for utility turn-on and turn-off for inspections. Buyer and buyer agent must due diligence and verify all information. THIS PROPERTY CANNOT BE SOLD FOR LESS THAN LIST PRICE - MUST SELL FOR LIST PRICE OR HIGHER. The condition of the property may not support the connection of utilities and no repairs will be done by the Purchaser or Seller to make the property available for connection or de-winterization.

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Categories: Sold Homes  


Posted by Eddie Hoskins on 7/18/2018

This two-bedroom condominium is located on the third level of the Fairfield Condominium complex. It features two carpeted bedrooms and a living room. The full bath and kitchen have vinyl flooring. This unit is conveniently located and has great access to major highways and public transportation and is within walking distance of some UMass Lowell Campuses, restaurants, bars, recreational activity and entertainment. This is a Fannie Mae homepath property.

More Info on this Property | New Listing Alerts




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