Refresh the love for your home this month!

Are you looking for a way to renew the love for your home? At some point, many home owners look around and feel underwhelmed by their surroundings, for a variety of reasons. You might think the interior of your home no longer speaks to you, or the issue might lie a little deeper and involve your mortgage. In any case, this is a great time to evaluate your situation and determine what changes you need to make. To get you started, here are a few issues to consider, as well as their potential solutions.

Renew the love through home improvements

Often, refreshing the love for your home is as simple as switching up its appearance and vibe. You may have loved the look and feel of your home when you moved in, but over time, our styles change and your current setup can start to feel a bit stale. You can take on some home improvement projects to renew your home’s atmosphere.

The choice is yours in terms of how much work you want to take on. If you’re not up for complete renovations, you can always pick a few minor projects that will make a major difference. For example, consider switching out your furniture and decor for newer pieces that make you feel excited to step into your house. You can also refresh your walls with a new coat of paint to give your home new colour. Changing certain hardware in your home such as cabinet handles and light fixtures can also leave a lasting impression on your home. These are smaller projects that don’t require a huge amount of time, and are more budget-friendly than taking on major renovations. 

On the other hand, there’s nothing wrong with committing to home renovations if that’s what you wish to do! If you think your home needs a larger revamp, this could be a good way to go. We recommend targeting your kitchen and bathroom areas, which get the most use. You can also work on your bedroom, as this is the spot where you should feel most at home and comfortable. Replacing countertops and upgrading appliances are relatively easy jobs to complete. You can also hire a professional for the job if you don’t feel confident in your abilities!

Is it time to think about a mortgage refinance?

Could a mortgage refinance be the key to renewing your love for your home? As your needs change and evolve, you might find your mortgage no longer fits your life anymore. At the core of your homeownership experience is your mortgage, and it’s very hard to love your home if you aren’t happy with your mortgage product. A mortgage refinance is the process of altering your current mortgage to better suit your needs in some way. For example, you may find you want to pay off your mortgage faster to reduce the long-term interest costs. You might be wondering if you can secure a better interest rate, or if you should switch between a fixed and variable product. Refinancing could be the best path forward in these situations. 

Keep in mind that the cost to refinance can be hefty, since it means breaking your current mortgage term. You need to ensure you won’t face penalties higher than the amount of money you can save from a refinance. You should always discuss your options with a broker before making any major decisions about your mortgage!

When to consider a new home to love

Sometimes, our homes themselves are no longer the best fit. You might find you are outgrowing your house and need more space for children. Perhaps you need to be closer to family, or require better access to amenities and transportation. These are situations where renovations and refinances will not help you renew the love for your home. If you are considering selling your house and looking for a new perfect match, your local mortgage broker is a great resource to start with. We can help you determine your needs and narrow down the right product for you. You will also need to get in touch with a real estate agent to begin the process of finding a buyer for your current home, and a new property for yourself! 

Refreshing the love for your home is a great chance to reevaluate your current situation, and where you hope to be in the future. Whether you want to complete a few home improvement projects, refinance, or relocate entirely, these are all steps in the right direction towards your perfect homeownership experience. If any of your future plans involve a broker, be sure to get in contact with us! Our goal is to set you up for success and ensure you have the most positive experience in today’s market. 

If you have any questions about your mortgage, get in touch with us at Clinton Wilkins Mortgage Team! You can call us at (902) 482-2770 or contact us here.