Buying a home that is farther away from work may have a lower mortgage
payment, but you'd be surprised at how much more you'll spend by driving to
work. Try comparing a house in-town to a less expensive house out-of-town & see
the actual cost of commuting for yourself.
Change of Address Forms This section allows you to enter your change of address info and then print your completed Change of Address form. Additionally, you can use the entered information to print Address Change Notification Letters and mail them to family, friends, and business associates to let them know of your move.
PACKING TIPS
Packing Tips It is strongly recommend that you PLAN your move as far in advance as you can. Hear is a 6 week Planning Checklist from Mayflower.
MOVING SUGGESTIONS AND TIPS
Great Tips for the Move These moving tips for an Elders Quorum helping people move in, out or across town. They can be used by anybody preparing to move. Quorums may find it useful to alter this list to meet their needs and distribute it to families who are about to move. If you have any ideas you would like to add or comments, please send them to polsong@virtualpet.com.
One of the greatest financial aspects of buying a home is the ability to leverage your money. Simply put, leverage allows you to use a small down payment and financing to purchase a larger investment. For example, if you bought a $125,000 home with 10 percent down, you leveraged the $12,500 down payment to purchase an asset worth 10 times that amount! The benefits of leverage really become apparent with appreciation, or the rise in value of a property. Using the above example, say you were to live in the house for 5 years, and during that time property values in your area were to rise an average of 2.5 percent a year. Your home would then be worth over $141,000. By putting only 10 percent down, you get to enjoy the appreciation for the full amount! In addition to the 10 percent down, you'll also have to make mortgage payments. But with each payment, a certain amount of money is being used to pay down the principal balance that you owe. This is called building equity. So in the event you sell your house, not only can you realize a profit from your leveraged money, you also have a chance to pay yourself back for the money you've put in over the years. No wonder so many people consider a home an excellent investment!
