Tips for Organizing Your Closet and Keeping It Tidy

by Vinnie Jelsomeno on March 3, 2017 in Home Improvement

It’s now been three months since the start of the new year, which makes it a good time to look back on our New Year’s resolutions to see if we’re actually following through on them. One resolution that many people have trouble with is tidying up and organizing their clothes closets – and then keeping them that way. In many cases, this isn’t because of a lack of effort, but rather the result of the absence of a strategy or set of rules to follow to help maintain a clean closet. If you’re looking to organize your closet and keep it that way, check out our tips below.

Set Aside Time

Cleaning and reorganizing your closet often isn’t doable in just an hour or two. It’ll likely take the better part of a day or even longer, depending on the size of your closet and how cluttered it is at the time. So try to clear your schedule for a whole weekend so that you can complete this multistep process properly. That may seem like a lot of time to free up, especially if you have a busy schedule, but in the long run, an organized closet may well save you time and prevent stress.

Purge Your Wardrobe

To begin the process, start by going through your whole closet and deciding which pieces you want to keep and which you can live without. Clear off a flat surface, such as a folding table, your bed, etc., and lay out everything in your closet. This gives you options when it comes to adjusting your closet’s storage solutions for organizing (which will be discussed later), and it allows you to go through each piece in your wardrobe and decide if it’s something you truly want.

Sort through your clothes, separating them into piles of items you want to keep, ones you don’t want but that can be sold, and ones you don’t want but that are better suited to being donated than sold.

The pile of clothes you want to keep will consist of items in good condition that you love and consistently wear.

Clothes you want to sell should be brand-name pieces in good condition. Items that don’t match that criteria are harder to sell. Used clothing can be sold via brick-and-mortar retailers such as Plato’s Closet or using online sites such as Etsy or eBay.

If you’re having trouble determining whether or not you want to keep or discard an article of clothing, ask yourself the following questions, recommended by Kathleen Audet of Your Authentic Image:

• “Does this fit?”
• “Did someone else influence me to buy this piece?”
• “Do I love the color on me?”
• “Does this piece go with at least two other items in my wardrobe?”
• “If I were in the store today, would I want to buy this?”

Look into donating the items that you no longer like, no longer fit, are beat up or aren’t brand-name. There are many nonprofits that also operate thrift stores that rely on donations. Along with the feeling that comes when donating to a good cause, you’ll likely also qualify for a tax deduction for donating.

Clean and Store

In order to open up extra space in your closet and reduce clutter, store out-of-season clothing somewhere other than your closet. When packing up these clothes to put away, take the following precautions to prevent the items from being damaged in storage.

Begin by properly cleaning and washing everything. The experts at Alison Handling also recommend that you “remove any stains that may be on any items of clothing as they will only darken and become harder to remove during storage.” By making sure everything is fresh, you’ll also cut down on the risk of decay and insect infestations.

After the clothes have been washed and dried, you can begin to pack them away. When choosing containers to store your clothes in, avoid cardboard boxes, which can attract bugs and bacteria. Instead, use a new, thoroughly cleaned suitcase or a plastic storage container with a tight lid. Regardless of which container you choose, be sure to line it with acid-free tissue rather than wood-based paper products. According to Ann Christine of the TheLinenLady.com, “Wood fibers contain a natural acid which, when in direct contact with linen and/or cotton materials, may cause deterioration and decay often resulting in dark yellow or brownish stains.”

The final step, and quite possibly the most crucial, is where you store the containers. Avoid places exposed to direct sunlight and areas near a heating source, such as a furnace or water heater. The ideal location will be a dark, dry and cool area. Storing clothing in a dark area prevents color fading, and since mildew and insects are attracted to wet areas, you also want a space that’s cool and dry.

Organize

Now that you’ve got a clean and empty closet to work with, you can rearrange it in a more convenient way that better suits your needs.

If you don’t already have a second-row hanging rod, consider adding one, as it doubles the storage space in your closet. When determining the height of this feature, take into consideration the length of clothes that you’ll be hanging up. The chart below, from Lowe’s, shows the average length of both men’s and women’s clothing. If you have multiple dresses or overcoats, leave extra space for the top rod to accommodate these items.

Also consider adding additional shelves if you have space. They can vary in size and could be used for items such as folded sweaters, hats and accessories. Another recommendation is adding a shoe cubby, which offers a quick and easy way to organize your footwear so that it isn’t lying on the ground, where it can be stepped on.

For the actual display of clothing, “Consider laying out your closet to mimic a human body,” says Amber Kostelny of AmbersOrganizing.com. Hang tops, shirts and jackets on the top rod in the closet. Hang your pants and skirts on the lower level. Store your shoes on the ground in the shoe cubby and put any hats on a top shelf.

Make sure all your dress shirts, casual button-up shirts, long sleeve T-shirts and so on are hung up with other shirts of the same style. This also goes for dress pants, casual pants, shorts, etc. That way, your clothes will be easy to find when you want them.

Staying Organized in the Long Run

An organized closet is something you have to dedicate yourself to. It requires that consistent steps be taken to prevent clutter from building up again.

To help you stay organized, consider placing a sell/giveaway bin in your closet. As time progresses, you may not like certain pieces of clothing anymore, or they might not fit right. They might also simply wear out. When this happens, throw the piece in the bin to prevent clothes from overflowing on the hanging rods and shelves.

Each time a season changes, take in-season clothes out of storage and put out-of-season clothes away. Be sure to follow the steps outlined above. This should occur four times a year.

Finally, put your clothes away immediately after you wash them. You’ll be setting up a routine, and after a while, it’ll become second nature. This will help prevent a buildup of clothes in other parts of the house and also help extend the life of the clothing itself.

5 Spring Cleaning Tips That Will Save You Money

by Miranda Crace on May 2, 2016 in Home Improvement Magazine

When I was a little girl, my mom knew how to make spring cleaning fun. She’d turn on her old record albums and we’d dance like crazy, singing our hearts out while washing walls, scrubbing floors and organizing closets.

Spring cleaning was a chore, but it was a fun chore.

As I grew older, spring cleaning became less fun. And now that I have my own place, singing and dancing around while I do a deep clean just isn’t the same at all. I needed a new motivation if I was going to spend an entire weekend cleaning.

Luckily, money is a great motivator and there are plenty of cleaning tips that can help save you some extra of it this spring!

Sell Your Used Clothes

I don’t know about you, but I have a habit of buying something that’s on clearance even if I only kind of like it. When a sweater goes from $50 to $10, how are you not supposed to buy it? So what if it has a French bulldog on the front? I like French bulldogs (this is a true story, it was a tan sweater with a French bulldog on the front. Animal sweaters were big for a second).

Unfortunately, my habit often results in a closet full of clothes I haven’t worn in six months because I only sort of liked them.

The solution to this problem? When you’re cleaning out your closet and reorganizing this spring, take note of what you don’t really wear anymore. If they’re still in good condition, consider selling them to a consignment shop. You’re not going to get rich doing this, but you could walk away with a little extra cash.

Clean Your Dryer Vent

Old style laundry room with modern appliances and wicker baskets

A tell-tell sign that you need your dryer vent cleaned is when you consistently have to dry your clothes twice.

It could be doing this because there’s a build up in the dryer vent (lint, hair, etc..) that’s blocking the airflow and causing your clothes to remain damp.

To start, this is dangerous, as a clogged dryer vent could cause a fire. According to Doug Rogers, president of Mr. Appliance, dirty dryer vents cause 15,000 home fires a year. On top of that, it’s costing you money because you’re drying clothes twice.

Rogers says, “On average, if a homeowner whose dryer typically takes two cycles to dry clothes has their dryer vent professionally cleaned, they can save nearly $150 a year.”

Make Your Own Cleaning Products

Buying cleaning products from the store can really start to add up and they can wreak havoc on the environment. Instead of using chemical cleaners from the store, make your own with items you already have in your pantry.

For example, Mark Liston, president of Glass Doctor, has a great tip for glass cleaner, “If you’re looking for a DIY solution to clean you glass shower doors, mix one cup of warm vinegar with one cup of a dishwashing liquid in a spray bottle. Then, spray the mixture directly onto the door and wipe with a soft sponge.”

You can actually clean a lot with just lemon juice, vinegar, baking powder, olive oil and water.

Change Your HVAC Filter

Much like your dryer filter, your furnace/air conditioning filter needs to be clean. A dirty filter causes you to spend more money in energy to heat and cool your home. And who wants to spend more money when you can save with an easy fix?

Steve Truett, president of Aire Serv says, “If it’s been more than three months since your last HVAC filter change or cleaning, you’re past due. Keep filters clean, replacing them every two to three months at a minimum to cut down on energy use and prolong system life.”

Wash With Cold Water

This last tip is easy to implement and can save you a little extra money annually.

According to Doug Rogers, president of Mr. Appliance, “Switching to cold water washes when doing your laundry can help you save approximately $60 a year.”

Washing your clothes with cold water also helps preserve the color. Less fading means less replacing wardrobe staples. It’s an easily implementable way to save a little extra money.

Spring cleaning may not be as fun now as it was when you were little, but it can save you some money! While you’re cleaning, don’t forget about the outside. Your yard needs some TLC too this spring.

How Does Your Credit Score Affect Your Mortgage Eligibility?

by Kevin Graham on January 11, 2017 in Home Buying/Selling

Credit can be a vexing topic for even the most financially savvy consumers. Most people understand that a good credit history can improve your chances of qualifying for a loan because it shows the lender you’re likely to repay it.

However, understanding the meaning of your score, how it’s calculated, and how it can influence your mortgage eligibility and the interest rates you pay is not as easy as it sounds. Below, we break down all of these topics.

Explaining Your Credit Score

The FICO credit score (created by the Fair Isaac Corporation) is one of the most common scores used by lenders to determine your mortgage eligibility, and it’s a component of pricing (i.e., the interest rates and fees you’ll pay to get your mortgage).

While exact scoring models may vary by lender, some variation of the standard FICO score is often used as a base. FICO takes different variables on your credit report, such as those listed below, from the three major credit bureaus to compile your score, which ranges from 300 to 850:

Payment History

Roughly 35% of your credit score is based on your history of timely payments on money you owe. If you’ve made your payments on time and in full in the past, there’s a good chance you’ll do the same in the future, so your credit score may be higher. If you’ve had any tax liens, late payments, lawsuits or bankruptcies, they can result in a lower credit score.

Amount Owed

Roughly 30% of your score is based on the amount of money you owe. Higher balances tend to lower your credit score, while lower balances can positively impact it.

Length of Credit History

About 15% of your score is calculated on the length of your credit history. Typically, the longer you’ve had credit accounts open, the higher your score can be.

Lacking a credit history may not hurt you when it comes to FHA and VA loans, but a good credit history is essential when you’re applying for a conventional loan.

Types of Credit

Types of credit determine about 10% of your credit score. This refers to the variety of types on your report, including installment debt such as credit cards and store cards as well as revolving debt such as student loans, auto loans or mortgages. Having a mix of installment and revolving debt can help prove you can handle different types of payments.

New Credit

About 10% of your score is determined by new lines of credit. Opening up multiple lines of new credit too quickly can negatively impact your credit score, as it may look like you’re desperate for credit. Asking for multiple lines of credit and receiving multiple credit inquiries also has the potential to hurt your score, even if you don’t end up opening new accounts.

Note that there are two types of credit inquiries – one for lending purposes and one for educational purposes. Inquiries for lending purposes may ding your credit score by a few points. However, getting your credit pulled by a company like QLCredit, which shows you your report and score for educational purposes, won’t impact your score.

If you’re shopping around for the best credit or loan terms, don’t worry. Multiple credit inquiries over a short period of time for the same type of loan will be grouped together as one inquiry, so your score won’t be as heavily influenced.

Minimum Credit Score Requirements

You may be wondering, “What credit score do I need to buy a house?” Unfortunately, you won’t be able to find an exact answer. There are several factors that go into qualifying for a mortgage besides your credit score, such as the type of loan you’re applying for as well as your income and debt levels. Because of this, there isn’t an exact number you need to qualify. Some guidelines are listed below.

Conventional Mortgages

Conventional mortgages are home loans that follow the standards set by Fannie Mae and Freddie Mac. They’re uninsured by the government and known for lower down payments and good interest rates. These are typically best for those with good or excellent credit, as these loans require a higher credit score than an FHA loan.

These loans tend to offer the most competitive interest rates and offer flexible repayment periods, such as 15- and 30-year mortgages. While you may pay more money up front, you can save more money over the course of a conventional loan than you would with an FHA loan.

Minimum Credit Score for Conventional Loans

At Quicken Loans, your credit score for a conventional loan must be 620 or higher. Various lenders have different requirements and may require a different score.

FHA Loans

Backed by the Federal Housing Administration, FHA loans are insured by the government, making them easier to qualify for than conventional loans. They offer down payments as low as 3.5% and low-equity refinances, which allow you to refinance up to 97.75% of your home’s value.

FHA loans can benefit borrowers with lower credit scores or those who spend a significant portion of their income on housing. New homeowners or current homeowners who are underwater on their mortgage and could lower their monthly payment by refinancing may also benefit from an FHA loan.

Minimum Credit Score for FHA Loans

The minimum FICO score for an FHA loan through Quicken Loans is 580, with a 3.5% minimum down payment. Other lenders may have different requirements.

For a standard FHA loan, a minimum of one credit score is required for you to qualify. If your lender obtains all three of your credit scores, they’ll take the middle score into consideration. If you apply for a mortgage with your spouse, lenders will use the lower of the two credit scores.

Better Credit Scores Lead to Greater Odds of Getting Approved

It’s important for you to know your credit score and understand what impacts it before you begin the mortgage process. Once you understand this information, you can begin to positively impact your credit score or maintain it so you can give yourself the best chance of qualifying for a mortgage.

It is possible to qualify for a mortgage with a relatively lower credit score but a high income and low levels of debt. It’s also possible to be turned down for a mortgage if your score is relatively higher, but you have high levels of debt and a lower income. Note that credit score requirements should be used as a guideline, as debt levels, income and down payments will also be taken into consideration when determining your mortgage eligibility.


Are you ready to start the mortgage process? Contact Adam at 630-697-4500 to get started!

The Ultimate Snow Necessities to Get You Through the Winter

by Lydia Koehn on January 12, 2017 in Home Improvement

The right gear can go a long way toward protecting your household from the hazards of snow and ice. Don’t be fooled by the simplicity of some of these tools. They could be just what you need!

Roof Rake

According to the Occupational Safety and Health Administration (OSHA), at this time of year, most worker injuries and deaths are the result of falling during rooftop snow removal. OSHA recommends removing snow without going onto the roof. Why even worry about rooftop snow? While snowy shingles look lovely, heavy snow and ice can cause real damage to your roof. This is where the roof rake comes in – a snow removal solution that keeps your feet safely on the ground. The top roof rakes are metal marvels, lightweight yet sturdy, and some can even extend up to 25 feet. If you decide to rake your roof, you can keep your rooftop glistening by leaving up to an inch of snow in order to protect the shingles from scraping damage.

If your roof is already frozen with ice dams, try the pantyhose method of allowing water to flow through your gutters and off your roof. A pantyhose leg filled with calcium chloride ice melter and laid perpendicular to the ice dams on your roof will effectively create a path to drain excess water.

The Shovel

Don’t let the multitude of snow shovel models overwhelm you. Before you run out and grab the first red-handled shovel you see, decide on your preferred method of snow removal. The top shovel models differ, depending on whether you’re pitching or pushing the snow. Handle length is another option to consider. Short shovels with extendable handles are perfect for storing in your trunk in case your car gets stuck. Another option is to add on an extra handle to transfer the shovel’s load from your lower back to your upper body, saving you from unnecessary strain.

Snow Spear

No matter how special it may be, sometimes a shovel just won’t cut it – the ice, that is. Stick one to Jack Frost with the True American ice spear. The 7-inch-by-9-inch blade breaks up ice in your driveway, making it easier for you to clear away the snow. Prevent slips and falls while shoveling by first taking a crack at the ice beneath with this powerful scraper.




Boot Tray

Although snowflakes lay nicely on the frozen ground outdoors, once inside, they can wreak havoc on your home’s carpet and hardwood flooring. Stop snow in its tracks with a boot tray beside your front door. Whatever the weather – rain, sleet or snow – these boot trays will help keep your home clean and dry this winter.

Snow Blower

Spare your back and spoil yourself this winter by investing in a quality snow blower. There are two paths you could plow when buying this machine: electric or gas-powered. Of course, there are benefits and drawbacks to both types, and your choice will reflect your priorities. Electric snow blowers are typically lighter and quieter than gas-powered ones, but they do tend to overheat quickly. While there may be nothing quite like the drone of a gas snow blower to break the silence of freshly fallen flurries, gas snow blowers are generally more reliable and better able to handle large amounts of snow than electric versions. If you’re unable to purchase a cordless electric blower, then consider purchasing an outdoor extension cord that won’t freeze, maintaining flexibility in subzero temperatures.

‘Beet’ Snow and Ice

Although you may be used to throwing salt on your steps, large amounts of rock salt can actually be ineffective in extremely cold conditions as well as detrimental to the environment. Because of these and other drawbacks to using rock salt, we recommend trying out an alternative method of combatting ice in front of your home. The Missouri Department of Transportation (MoDOT) uses a mixture of beet juice and salt brine to fight icy roads. When used with beet juice, the salt’s damage to the pavement is lessened, says MoDOT.

Skip the salt altogether and melt the snow instead with electric heating mats and cable systems. From your sidewalk to your stairs (and even your roof!), electric mats and cables keep your pathways clear while you stay toasty warm indoors.

Windshield De-Icer

Don’t drive blind. Clear the view behind the wheel with a windshield de-icer. Effective windshield de-icers melt the ice and snow on your car, making scraping an faster and easier process. Tired of jiggling your icy door handle? Some de-icers even thaw frozen keyholes, doors and windows.

Ice Scraper

Stop struggling and invest in one of these top performing scraping blades to keep the road visible on your commute. The best ice scrapers have sharp sturdy blades, prominent ice-cutting teeth and a standard extension length of 5 feet, suggests TheWireCutter.com. Many ice scrapers also have the dual role of scraper and snow broom, with bristles at the other end of the blade. Additionally, collapsible shafts make for easy storage.


If your community transforms into a frosted wonderland in the wintertime, stock up on these snow necessities to ensure that your home is ready for a winter emergency.

Condos: Pros and Cons for First Time Buyers

by Lydia Koehn on January 4, 2017 from Home Buying/Selling

An empty nest and other lifestyle changes are propelling many people over a certain age to consider condominiums as an alternative to owning a single-family home. Furnishing and maintenance are hassles that are also driving many younger people to opt for condos. We’ve reviewed the potential benefits and drawbacks of condo living to help you decide if buying a condo is right for you, regardless of your age or where you are in life.

The Pros

Maintenance Managed

Owning a house comes with a host of responsibilities that can make condos an easier transition for people first dipping their toes into the housing market. “If you are not handy and don’t like managing people to get things done, a home can be a challenge,” says Sep Niakan, Miami real estate broker and founder of CondoBlackBook.com. Mowing the lawn, cleaning out the gutters and shoveling snow are chores that many people would much rather pay someone else to do. An aversion to home maintenance has driven many people to invest in condos in place of single-family homes. “The reason why millennials like condos versus buying a single-family residence or buying in a neighborhood is the maintenance,” says Charles Kniffen, director of mortgage operations at Quicken Loans. “The maintenance is just a ton less,” he says.

People looking to make the most of retirement are also often drawn to the maintenance-free living that a condo offers. “They are looking to do more outside their homes, to enjoy downtown and waterfront activities. They don’t want to be gardening and working on the lawns on the weekend,” says Alexei Barrionuevo of Curbed.com.

Pack Up and Go

For young people on the move, condos are an excellent home option. “Millennials may lean toward a condo because they might travel for work or leisure a lot, and being able to lock up your unit door and know everything else is being taken care of and secure is a comfort to them,” suggests Niakan. Having the exterior of your home managed by the condo staff cuts residents’ ties with a regular maintenance schedule, allowing them to come and go more freely without worrying about the security and upkeep of their home.

For those approaching retirement, condos allow for increased flexibility in scheduling family vacations and other leisure time. “For those snow-birds that live in the east in the summer and the south in the winter, condo living is perfect,” said Denise Supplee, co-founder and director of operations at SparkRental.com.

Small Scale Luxury

According to Gail MarksJarvis of The Chicago Tribune, people who have retired or are nearing retirement are often attracted to the luxury condo market. As they tour new condos purchased by their children, they are sold themselves on the open layouts, elevated views and vibrancy of many condo communities. “One floor living can be appealing, organized events, and again, perks like a fitness center or swimming can be advantageous to the older home buyer,” Supplee says.

Access to Transit

Another factor motivating people, particularly young people, to move into condos is easy access to public transit. Whether they’re concerned with saving money or with decreasing their carbon footprint, many people closely consider transit access when deciding on the location of condos in both urban and suburban areas, suggests Mark Savel, a sales representative with Sage Real Estate in Toronto.

Lower Price Tag and Insurance

“Because of the lower price tag, it may be easier to qualify for a condominium,” Supplee says. This is a great benefit for anyone who might have a tighter budget to work with. Additionally, insurance rates are lower for condos, as residents are only responsible for insuring the inside of their homes. The outside of condos, including roofing, driveways and common buildings, are all insured through the condominium, and maintenance and repairs are covered through the homeowners association fees.

Move-In Ready

Fully furnished condominiums appeal to many people who may be making the transition to living in a smaller space. For those with busy schedules, move-in ready condos eliminate the often time-consuming search for furniture. And for those looking to avoid the hassle of moving bulky couches and tables, furnished condos could also be appealing.

Close-Knit Community

“In many condo complexes, there’s a certain community that builds up. It might be people under 30 or younger families with kids,” Kniffen says. “There are also senior living communities. You can kind of find your fit,” he adds. You can typically guess at the makeup of the community based on the layout of the housing. For example, four-bedroom houses generally attract families. Thus, those living in condo communities are frequently connected by similarities in age and lifestyle.

Wheelchair Accessible

Condominium projects are also built to appropriate code as specified in the Americans with Disabilities Act to accommodate those with disabilities. “Sometimes you buy a house and maybe you have a friend that’s in a wheelchair, that person may not have access to your house,” Kniffen says. “You know when you buy a condo, they’re going to have access to it because it is built to code and those codes are kept up.”

The Cons 

HOA Regulations

Unlike people who are buying for the first time, people making the transition from owning a single-family home have to adjust to abiding by the homeowners association (HOA) regulations. The loss in autonomy that comes from condo living could be a potential roadblock for those accustomed to the freedom of managing their own house on their own terms.

“You may not like some of the stuff the condo association tells you to do. They may decide that they want all fuchsia doors and that’s what’s going to happen because it’s a condo,” says Kniffen. “They can dictate that kind of stuff.” In addition, the interior of the condo could be subject to certain standards because condo owners desire similar layouts. The potential design limitations of condos could put a damper on your ability to express your individual style.

HOA Fees

Although you’ll be paying less insurance with a condo, there are the HOA fees to consider. HOA fees are monthly dues that usually cover maintenance, lawn care, and other services and repairs. Covered services vary, so make sure you know what’s included in your condo’s HOA costs. Fees can range from a couple hundred dollars up to a thousand dollars a month and can be raised at regular intervals.

Make sure the condo’s HOA budget is in order. If it isn’t, the association dues might not cover emergency maintenance, and you could be stuck with a higher bill down the line. Quicken Loans requires that 10% of the HOA budget go toward emergency savings when you’re applying for a mortgage on a condo.

Hard Sell


Condos can be more difficult to sell as a result of certain HOA regulations. “If your association’s not doing the right thing, then you could be very limited on who you can sell your property to or who will buy your property. It can affect the type of loans that you qualify for along with your potential buyer,” Kniffen says. Also, high HOA fees could be a potential deterrent to future buyers, making your condo more difficult to sell.

Tips for Lighting up the Holidays

by Maegan Wyrzykowski on November 17, 2016 Home Decorating

Before Thomas Edison invented the lightbulb, candles were used to light up trees during the holiday season. Can you imagine having candles burning on a tree inside your house? As I’m betting you can imagine, this led to many house fires. Thanks to Edison and his friend Edward Johnson, the first-ever string of electric lights was put together in 1882.

Holiday lights aren’t just used for trees anymore; they’re used in many different ways. From decorating stairs to lighting up the outside of your house, string lights have become a necessity when the holiday season rolls around. If you’re anything like me, you’re busting out the lights and decorations on November 1 every year.

Here are some safety tips, tools and trends for lights during the 2016 holiday season.

Safety Tips from Mr. Electric

• Read labels. When hanging lights outside, read the back of the packaging to make sure they’re safe for the outdoors.
• Don’t use metal. When hanging lights outside, using a plastic or wooden ladder helps prevent electrical shocks.
• Don’t overload extension cords. Having more than three strings of lights on one extension cord can cause overheating and could potentially start a fire.
• Don’t leave lights on. Always remember to turn your holiday lights off whenever you’re leaving the house or going to bed. If you’re forgetful like me, opt for an electric timer and program it to turn your lights on and off at specific times.
• Examine all wires. Whether they’re new or old, always examine your wires before plugging them in since frayed wires are a fire and shock hazard.
• Buy new lights regularly. Older lights are a fire hazard. Buying new lights every year may be expensive, so wait until the end of the season when lights are on sale and save them for the following holiday season.

Holiday Light Tools

• Command Brand hooks and clips are something to consider if you don’t use them
  
  already. They’re a great way to hang up lights indoors and outdoors, with no damage to your house. Command Outdoor Light Clips stick to siding, windows or gutters, and they are specifically designed for outdoor use, so you don’t have to worry about your decorations falling down.
• Twist and Seal products are a great solution for protecting plugs outside from shocks and shortages. They’re weather resistant and come in green so that they can be easily hidden by trees and bushes. Twist and Seal also has a new cord protector made for protecting extension cords.
• There’s nothing worse than untangling your lights, only to find out that a bulb is dead. The LightKeeper Pro is a great tool for this situation. This device sends a pulse through the entire string of lights, finds the dead bulb and fixes the shunt.

2016 Trends

• According to the DIY Network, LED lights are better than incandescent. They might cost more than incandescent lights, but they last longer. They can also save you around 80% on energy costs.
• The debate over colorful lights versus white lights is still ongoing. Personally, I love when I drive past houses with strings of colorful bulbs wrapped around the façade and in the bushes because it reminds me of a gingerbread house. Both types of lights have their proponents, so use whichever suits your fancy.
• I’m sure you’ve seen the videos of houses with Christmas lights that turn on and off to the beat of songs. This has become increasingly popular over the years. With the help of GE holiday lighting products, you, too, can have a spectacular show on your front lawn! GE Color Effects products come with a remote control, allowing you to choose from six colors and 40 functions.

FHA Loan? Refi and Keep Your Low Mortgage Insurance Rate

No one likes paying for mortgage insurance. To that end, I’ve got some good news!

If you have an FHA loan endorsed prior to June 1, 2009, you have the opportunity to do a rate and term refinance while keeping the same low mortgage insurance rate you currently have.

This is a huge savings opportunity for homeowners with FHA loans. With an FHA loan, there are two different rates you should look at when determining whether refinancing makes sense: the interest rate and the mortgage insurance rate. Mortgage insurance rates have been pushed higher since June 2009, but homeowners with these loans who are looking to refinance have been given a reprieve from the higher rates. Now that you know your mortgage insurance rate won’t change, why would you refinance? Let’s talk about interest rates for a minute.

Interest Rates Are Great

Simply put, interest rates have rarely been better. Now is a great time to refinance to either lower your payment or pay off your mortgage sooner.

When you close, you can choose to pay for prepaid interest points in order to get a lower interest rate. One point is equal to 1% of the loan amount. For context, let’s take a look at where rates were in the final days of May 2009. If you paid for half a point at that time, your rate would have been in the mid-5% range.

Now fast forward to today. For a 0.375 point investment, rates are around 3.4% for a 30-year fixed-rate mortgage. Imagine how much you could save on interest by refinancing with a lower rate. They’re even lower if you choose to go to a 15-year term. Those rates are in the high 2% range.

There’s even the possibility that you can accomplish the same benefits – such as a lower rate or shorter term – with an FHA Streamline refinance. This doesn’t require an appraisal, and less income and asset documentation may be required.

So what are you waiting for? If you have an old FHA loan, go ahead and refinance now to save yourself some money.