It’s Monday August 21, 2022 & everything is going up in price, employees seem to be quitting on their jobs before they’ve even started working. People who are now having to come back to work are doing so forcefully, there’s a war going on, the economy seems to be a guessing game right and gas prices at least for now have dropped in price.
But no worries, at least here are five ways to save money around the house right now, you can finish reading this and then go immediately and start saving some moolah (spelling?)
Way To Save #1
Go through your windows, especially if you have the A/C set nice and low, the fan must be blowing and if you have tiny cracks you have air leaks. Check and seal the ledges and around windows. * look for contractor’s packages, certain stores/items offer bundled savings *
Way To Save #2
You got it, easy tip #2 is to go check for water leaks. This could be something as sneaky as a quiet leaky toilet tank constantly running without you noticing, open the lids and check for flow – if you haven’t flushed for example there shouldn’t be any flow. All good there? How about checking a broken sprinkler or corroded hosebibb ? These drops can definitely creep up that cost for you.
Way To Save #3
Clean out the dryer lint and air exhaust duct. If you only clean out the little mesh filter inside the dryer unit you may not be doing enough. It’s recommended to also at least once a year to clean out the duct itself to help out the fan blower inside and overall heating performance which means less running time, higher heat efficiency and less electrical cost. Chaching! (spelling?)
Way To Save #4
Have you owned your home for a few years already? If you have for example been paying a more than expected each month for the last few years, have owned your home in El Paso, Tx for let’s say 5 years or more and you are current on your payments; you should call your lender and ask them if you are under the 80% debt to value ratio requirement from the insurance policy. If you are under, you can save yourself on average $125 per month by not having to pay the required insurance when you buy using an FHA backed loan for example.
Way To Save #5
If your home is needing more and more repairs and you are not married to the idea of growing old here, consider thinking like an investor when it comes to making the right decision on whether you should continue to add money and time to this property or if your current home equity and overall personal situation provide you with a good opportunity right now to exit out of your home, re-invest your equity into a home that’s nicer, maybe closer to your tribe or your day job. Start building equity there, save time and gas money and save yourself the hassle and money right now fixing the little annoyances. Right now sellers still have a great opportunity to squeeze in with ‘no repairs offered’ and still get top dollar offers. Who knows how demand from buyers will be in the next few months and or if sellers may have to start offering more incentives. Think like an investor and consider that maybe it could be a great time to sell and re-invest that equity.
I hope I was helpful, remember if you have any questions you can always text, call, message me at 915-910-0908. I’m a Texas licensed Realtor so if you need anything regarding Real Estate, go with humberto 🙂
or click to visit: www.LivinginElPaso.com
