Hip2Save.com | Mar 16, 2024

Try these silly easy April Fools’ pranks for the family! This post is full of April Fools’ ideas that bring on the laughs! 

Do you like playing harmless and silly April Fools’ Day pranks on your family?

I personally think it’s fun to become a little bit of a prankster once in a while to lighten the mood and make my kids laugh. Here are a few funny and easy April Fools’ pranks for the family. These clever ideas sure to bring some giggles – even year-round when they least expect it! Ha Ha!


Try these easy April Fools’ pranks for the family:


1. “Ice Cream” Sundaes that are savory, not sweet.

Ice Cream Mashed Potatoes, one of our easy april fools pranks for family

This is one of the best April Fools’ pranks for the family! Use an ice cream scooper to serve up these “ice cream” sundaes that are actually made from mashed potatoes and gravy. Don’t they look so realistic?

Collin actually played this prank on her daughter, Piper, a few years back. Check out this April Fools FAIL video as things didn’t go as planned. 🤣


2. Bug on a Lampshade is sure to create some jump scares!

spider inside a lamp, one of our easy april fools pranks for family

Tape a plastic bug (find plastic spiders at your local dollar store or on Amazon.com!) on the inside of a lampshade and then ask a family member to turn on the light. Yikes!


3. This Donut Box Trick is full of veggies no one expected.

April Fools Donuts, one of our easy april fools day pranks for family

This April Fools’ prank for the family is bound to get everyone! 😂 Grab a donut box and fill it with fresh veggies for a funny fake-out!


4. This Oreo cookie trick will result in disappointment.

Oreo Cookies April Fools Prank Hip2Save.com

It’s a classic prank! Replace Oreo cookie filling with toothpaste! Use a butter knife to scrape off the Oreo filling and place a little white toothpaste in the middle of one side. When you put it back together, it looks exactly like a real Oreo cookie!

You could even leave some of the outer edges of the original cream filling so that from the outside, the cookie won’t look tampered with at all!

Hip Tip: Worried about eating toothpaste? Instead of making prank Oreos, make prank toothpaste instead. Take an old toothpaste tube and fill it up with peanut butter. When your loved one goes to brush their teeth, they’ll get a tasty surprise!


5. That’s not orange juice!

mac and cheese prank in a pitcher

Do you know that orange powdered cheese packet that comes with packaged Mac and Cheese? Pour it into a pitcher, mix it with water, and it looks exactly like orange juice! 😂


6. Give out some Cracker Jack carrots. 

carrots in a cracker jack box

For a fun lunch box prank, replace a snack box like Cracker Jacks with fresh baby carrots. This trick also works well with a small bag of chips. Just remember to seal the package back up with a little double-sided tape for a more realistic effect!


7. “Spaghetti and Meatballs” cupcakes are the perfect April Fools’ dessert.

spaghetti and meatballs cupcakes

While it’s technically an April Fool’s prank, this easy cupcake recipe actually makes for a yummy treat amidst the joke. Plus, they look so realistic!

Hip Tip: Here’s a fun April Fools’ Day book for the kids!

8. Put a healthy surprise in your cake pops!

holding a brussels sprout cake pop april fools prank

Does your family love a little dessert? In just 30 minutes, you can whip up these prank cake pops that are made with Brussels sprouts! Eating healthy never looked so sweet!
Hip Tip: Have some extra chocolate? Use it to make chocolate-covered rocks or cotton balls. Your fam will think it’s candy! Just make sure the prank recipient doesn’t actually eat them!!

9. Put fake eyes on the inanimate objects in your home.

bag of googly eyes

Take a page from Hip2Save’s Liz. She gifted her nephews a pack of silly craft eyeballs. For April Fools’ Day, the boys stuck these googly eyes on inanimate objects all over their house. The family kept finding them for weeks, so this is one April Fools’ prank that can keeps the laughs coming!

10. Put some confetti in a vent!

confetti
You can either buy confetti or cut up some paper, stick it in someone’s car vents, and wait for them to be covered when they turn the air on! A few of our readers did this funny prank, and the results were hilarious.

11. Place plastic wrap over your toilet bowl.
Reynolds Plastic Wrap
Hip2Save’s Angie has a mom with a sense of humor! One of her easy April Fools’ pranks for the family included placing plastic wrap over the toilet bowl. When someone has to go, hopefully they notice the clear barrier first! This prank might get a little messy 😅 but it’s a tried a true April Fools’ Day idea!

12. Add a special “syrup” to their coffee.

a bottle of soy sauce
Angie’s daughter once pranked her on April Fools’ Day by putting soy sauce in the coffee. Angie didn’t even realize until she was in the car and sipping on her travel mug! 😂 This idea is one of the easy April Fools’ Day pranks for family. It’s truly a cinch to pull off and very affordable!

13. Serve up a salty breakfast.

a mans hand holding a jar of Happy belly ground white pepper
Start the day with a prank! For April Fools’ breakfast, serve up a grapefruit that’s covered in white pepper instead of sugar! Hopefully the victim doesn’t feel too salty about it afterwards!

14. Perform a manicure on a heavy sleeper.

Sally Hansen Insta-Dri Nail Polish
This April Fools’ Prank was suggested by a Hip reader who tried it on her husband and we think it is too funny! If you have a very heavy sleeper in your family, surprise them on April 1st by giving them a manicure while they are sleeping. The weirder the paint job, the better!

15. Pretend you “peed” on the floor.

A bag of peas in the bathroom, one of our reader favorite April Fools Pranks for Family

This is another reader favorite prank! Grab a bag or can of peas and place it on the bathroom floor. Shock your family when you tell them that you had an accident in the bathroom. They’re in for a laugh when they find out what you meant by “peed.”
“Last year my best friend took a bag of peas from the freezer, brought it to the bathroom, set the bag on the floor, and told her parents that she had peed on the floor. her dad’s reaction was so hilarious!!!!”

16. Fake a shopping spree.

stacks of Amazon boxes

This hilarious idea came from Hip reader Tracey and we LOVE it! Save your empty Amazon packages throughout the year and “deliver” them to your doorstep for an unsuspecting family member to find!

“Last year I pranked my DH by saving up Amazon & Target boxes and putting them outside the front door; I even filled them with some books so they would have some weight. He was like, “umm, what did you order?!” The worried look on his face was too funny. Amazon doesn’t use too many boxes these days, but it’d be easy to save up some of their shipping envelopes if you open them carefully.”


17. Star Wars fans won’t be able to get enough of this “blue milk”!

glasses of blue milk
PC: Rimma_Bondarenko/Getty Images, courtesy of Reader’s Digest
Reader’s Digest brought up the perfect prank to get the kiddos into the April Fool’s spirit – blue milk! Simply add a few drops of blue food color to your milk carton, and you can serve up a glass of blue milk!

18. Serve up a bowl of cereal that requires a little extra work to enjoy.

bowl of cereal

Have kiddos that enjoy cereal? Good Housekeeping recommends creating some April fool’s prep a night in advance by pouring cereal and milk and adding a spoon then freezing it overnight. Your kiddos will be stumped trying to dig into this frozen bowl of cereal. 😆


19. Keep the lights off.

light switch
KidsActivities.com recommends using colored tape for little ones and clear tape for older kiddos, leaving them confused about the lack of light. 🤣

About the writer:

Lina has a Bachelor’s Degree from Northern Arizona University with 11 years of blogging and photography experience having work featured in Today.com, Martha Stewart, Country Living, Fox News, Buzzfeed, and HGTV.

Maxwell 2023 Single Women Home Buyer Report

This report specifically benefits our Single Women Home Buyers to provide insight into the demographics, financial profiles, home buying motivations & lending experiences of women who purchase homes on their own.

We’d be happy to walk through this report with you.

Let’s connect and plan your next steps and find out if we’re the right real estate team for you!

CA Real Estate Group | Caliber Real Estate Group

👩🏻 Christine Almarines @carealestategroup
Realtor DRE# 01412944 | 714-476-4637
Tagalog speaking

👩🏻 Anaid Bautista @wealthwithanaid
Realtor DRE# 02179675 | 949-391-8266
Spanish speaking

happyhiller.com | Mar 18, 2024

While it may be easy to track down smells coming from your garbage can or garbage disposal, other smells require a keener nose.

In order to help you find all of the bad smells in your home, here are some common smells and where you can find the source:

Rotten Eggs

The smell of sulfur or rotten eggs is never a good sign. You either have some old eggs sitting around from a couple Easters ago, or you have a serious gas leak or electrical problem.

The two most common sources for rotten egg smell in the home are electrical components (inside of outlets for example) or a natural gas leak.

Natural gas manufacturers are required to add a chemical, called mercaptan, to their gas in order to make it easier to detect a leak. Without this additive, you wouldn’t be able to see, smell, or taste natural gas (much like carbon monoxide).

If you smell rotten eggs in the home, call the gas company to make sure you don’t have a gas leak.

If there is no gas leak in the home, you may have a problem with your electrical system. If you smell the rotten egg smell near an outlet, that’s probably where it is coming from. When the plastic components behind your outlet plate burn, it can smell like rotten eggs. This smell indicates that there is a dangerous arcing situation happening within the interior of your outlet that could cause a home fire.

We recommend turning off power at the circuit breaker to cut off electricity to the room with the smelling outlet.

One other possible cause of a rotten egg smell in your home is when you run the hot water. You may experience a rotten egg smell when the hot water is running due to an old anode rod.

Anode rods in hot water heaters should be replaced every 5 years or so. Replacing your anode rod will reduce corrosion in your water heater and may even be able to double its lifespan.

Call your local plumber to find out which kind of anode you should replace your old one with.

Sewage Smell

If you smell raw sewage in your home, you may have a dried out P-trap. The P-trap is the little curved section of piping that helps create a seal from the sewer gas that lurks behind it. The only problem is that the curved “P” section needs to be filled with water in order to create the necessary blockage.

If you haven’t used one or more of your sinks in a while the water that normally creates a seal in the “P” section has evaporated and dried out.

In order to prevent sewer gases from rising up through your pipes and into your home, it’s important to run water in all of your drains periodically. If you have a sink in your garage or another part of the home that rarely gets use, make sure you run the water in those sinks at least once a month to refresh the water in the P-trap.

If running water in your sinks doesn’t solve the problems, you may have a more serious plumbing problem. Speak with a professional plumber to discuss your options.

Fish Smell

Something smells fishy… and it’s not fish. Well, likely not. If you smell fish with no fish in sight, you could have an overheating electrical component somewhere.

Sometimes, burning plastic, wiring, and other electrical components smell like rotten eggs or sulfur to some people. Other people notice a distinctive fishy smell. Whether you get a whiff of fish or rotten eggs, it’s important to investigate the situation. You may have a dangerous arcing situation behind one of your outlets or switches that can cause a house fire.

Again, if you can locate the electrical source of the smell and It seems to be coming from one of your outlets or switches, turn off power at the breaker box and call an electrician right away!

Stale Air

If you frequently pick up a stale smell in your home, it may be because of air leaks around the home. Recessed lights that are often connected to the attic are notoriously leaky. If you notice the stale air smell around any of your recessed lights, you will have to go into the attic to seal the air leak.

Read our Attic Insulation Guide for tips on sealing your recessed lights, flue, and other common leaky areas in your attic.

If you detect any of these odors in your home, make sure it isn’t a serious electrical or natural gas problem. Sulfur, “rotten egg” smells are a big warning sign. For help dealing with odors in your home, contact experts in plumbing, heating, cooling and/or electrical.


CA Real Estate Group works with trusted experts in all fields.  Contact one of our agents for a referral anytime!

CA Real Estate Group | Caliber Real Estate Group

👩🏻 Christine Almarines @christine_almarines or @carealestategroup
Realtor DRE# 01412944 | 714-476-4637
Tagalog speaking

👩🏻 Anaid Bautista @wealthwithanaid
Realtor DRE# 02179675 | 949-391-8266
Spanish speaking

Strawberry Picking Tours

Daily beginning March 11, 2024: Mon-Fri at 9:30am, 11am, 1pm, & 2:30pm | Sat & Sun every 30 minutes between 9:30am and 2:30pm

Tanaka Farms is famous for their delicious, sweet, and juicy strawberries! Take a wagon ride around the farm. Learn about the farming methods and history of the farm from your friendly tour guide. You will see how fruits and vegetables grow! Make one stop to pick a seasonal vegetable*, and then the last stop on this tour is in the strawberry patch where you can pick and eat strawberries! Everyone will take home a one-pound basket of strawberries! After the tour, visit the Barnyard Educational Exhibit where you can meet and interact with their barnyard friends.

This tour lasts about one hour.

By NerdWallet | Jan 30, 2024

Debt-to-income ratio shows how your debt stacks up against your income. Lenders use DTI to assess your ability to repay a loan.


Nerdy takeaways


Debt-to-income ratio divides your total monthly debt payments by your gross monthly income, giving you a percentage. Here’s what to know about DTI and how to calculate it.

How to calculate your debt-to-income ratio

To manually calculate DTI, divide your total monthly debt payments by your monthly income before taxes and deductions are taken out. Multiply that number by 100 to get your DTI expressed as a percentage.

Here’s an example: A borrower with rent of $1,200, a car payment of $400, a minimum credit card payment of $200, and a gross monthly income of $6,000 has a debt-to-income ratio of 30%. In this example, $1,800 is the sum of all debt payments. When you divide $1,800 by $6,000 and then multiply that answer by 100, you get 30.

To get the most accurate DTI ratio, make sure to include all your debt payments and income sources.

Debt payments can include:

Don’t include other monthly expenses, such as:

Include all sources of income, such as:

How lenders view your DTI ratio

Lenders look at debt-to-income ratios because research shows borrowers with high DTIs have more trouble making consistent payments.

Each lender sets its own DTI requirement, but not all creditors publish them. Generally, a personal loan can have a higher allowable maximum DTI than a mortgage.

You may find personal loan companies willing to lend money to consumers with debt-to-income ratios of 50% or more, and some exclude mortgage debt from the DTI calculation. That’s because one of the most common uses of personal loans is to consolidate credit card debt, which can help you pay off debt faster and lower your DTI.

Does your DTI affect your credit score?

Your debt-to-income ratio does not affect your credit scores; credit-reporting agencies may know your income, but they don’t include it in their calculations.

Credit utilization, or the amount of credit you’re using compared with your credit limits, does affect your credit scores. Credit reporting agencies know your available credit limits, both on individual loan accounts and in total. Most experts advise keeping the balances on your cards no higher than 30% of your credit limit, and lower is better.

How to understand DTI ratio

DTI can help you determine how to handle your debt and whether you have too much debt.

Here’s a general breakdown:

Ways to lower your DTI ratio

Reduce your debt-to-income ratio to improve your chances of qualifying for future credit.

VeryWellFamily.com | Jan 10, 2023

We’ve all been there: Looking forward to Saturday all week long, only for it to arrive accompanied by torrents of rain. While a rainstorm can foil certain plans, it certainly doesn’t need to ruin your hopes of having a fun-filled weekend. There are plenty of ways for kids and families to enjoy each other’s company on a rainy day—both safe from the raindrops and amidst them.

Here, you’ll find 50 rainy day activities that will keep your kids entertained and happy.


Kids at the library
Wavebreakmedia / Getty Images

 

Indoor Activities for Families

When the rain is coming down in sheets, settle in and try one of these activities.

Have storytime. You can’t go wrong with a good old-fashioned storytime. If your kids are old enough, they can take turns reading.

Sort through old toys. Your playroom will be much more organized at the end, plus you may discover some old toys that you can put in storage or donate.

Go to the library. When you want to get everyone out of the house for free, the local library can’t be beaten. “We have books, audiobooks, DVDs, and fun kits and backpacks to check out,” says Marty Mason, a youth services librarian at Chelmsford Public Library in Chelmsford, MA. “Plus a full programming schedule for kids.”

Bake cookies. Tie on your aprons and let little ones help with mixing, rolling out dough, and decorating.

Make pizza. While cookies are nice and easy for younger children, more advanced baking or cooking projects can be fun for elementary or middle school-aged kids, suggests Mason. Pizza is a fun one, as it’s easy to roll out the dough, spread on the sauce, and layer on the toppings.

Play a board game. The classics are great, but there are also tons of newer board games great for kids. Some of our favorites include Blank Slate, UNO Attack!, and Clue Junior.

Try mindfulness exercises. “Have kids reflect on how their week is going,” suggests Christopher Lacroix, MEd, a history teacher at Whittier Regional Vocational Technical High School in Haverhill, MA. “This can be very beneficial for kids to help promote time management skills and set a daily schedule.”

Create a treasure hunt. If your kids are too small to figure out scavenger hunt-style clues, simply give them a list of household items that they have to track down and collect.

Visit a museum. Children’s museums with interactive and engaging activities are a great way to pass the time on a rainy day. Before you buy tickets, check to see if you can get a discount through your local library.

See a movie—at home. Pop some popcorn, pull out the blankets and settle in to watch a new movie or an old favorite.

Play Globle“This is an online geography-based guessing game that allows kids to practice and
grow their geographic knowledge on a global scale,” says Lacroix. “The object is to figure out which country is the mystery country by guessing the names of other countries that are close to it. You can play it once a day or use the practice mode function to play as many times as you want. My grade nine students absolutely love it.”

Have a living room dance party. “This is a great way to get the wiggles out,” says Mason. Everyone in your family can take turns putting on their favorite songs.

Have an indoor picnic. You don’t have to be outside to eat on the ground. Pack a picnic basket with your children, spread out a blanket in the living room, and enjoy the meal you prepared.

Solve some riddles. “Riddles are a great way to pass the time and get kids to think outside of the box,” says Lacroix. His favorite ones force kids to call on their math skills.

Play school. As a fun twist, let your kid be the teacher and you be the student.


Girl playing with playdough
Jose Luiz Pelaez Inc / Getty Images

 

Indoor Activities for Siblings

If all of your kids are stuck inside, these activities will make for great bonding and even more fun.

Choreograph a dance. They can also learn the choreography of a popular dance online, then record it with a phone or perform it for the family.

Build a fort. “Building a blanket fort is great imaginative play,” says Mason. Couch cushions, pillows, and chairs are also encouraged.

Put on a play. Acting out a favorite picture book will make for engaging theater. Or, depending on how old your oldest is, they can come up with a story of their own, suggests Mason. Costumes are a must for the final performance.

Transform cardboard boxes. We all have that giant stack of recycling in our garages—challenge your kids to use the cardboard (and/or other materials like plastic bottles and egg cartons) to build new things to play with.

Play with playdough. Playdough can provide endless fun for kids from preschool age all the way to middle school, Mason says. Plus, it’s a cinch to clean up.

Make puppets and put on a show. Stuffed animals, socks, and cut-out shapes on popsicle sticks can all become puppets, while the back of a couch or a table covered with a cloth makes for a fine stage.

Build a masking tape city. Use masking tape to create roads and buildings on the floor (this works particularly well in carpeted rooms, as the tape will come off very easily), then grab some toy cars and go to town.

Write a poem or a song. Older siblings can help smaller ones think of words that rhyme with one another.


Stephen Welstead / Getty Images

 

Solo Indoor Activities for Kids

For times when the adults have other things to do and there’s only one child at home, these activities will keep your child engaged.

Write postcards or letters. For children who can write, give them the tools to write letters or postcards to their friends, siblings, or relatives.

Make greeting cards. Part arts-and-crafts and part writing exercise, kids can cut out words and pictures from magazines to paste on the front of their cards before writing inside. Or they can break out the crayons to make a hand-drawn card.

Line up dominos. The more dominos you have, the longer your child can spend creating designs with them and then watching them fall.

Read a bookThe perfect indoor activity. Audiobooks are also great for downtime, notes Mason, if kids prefer to listen.

Put together a puzzle. Breaking out a brand-new puzzle on a rainy day can keep kids of all ages occupied for hours, says Mason.

Draw. Kids can have fun with crayons and colored pencils no matter their age. Depending on their skill level, you can print out coloring pages or pictures that they can trace or replicate—or you can just spread out the paper and see what they create.

Play video games. With adult permission and limits, educational video games and apps are an engaging way to pass the time, says Mason.

Expand a picture. A fun twist on drawing, you can have your child cut out a picture from a magazine, print out an image, or use a photo you have lying around. They will paste that photo in the center of a large sheet of paper or piece of poster board and then expand the picture around it, getting creative with the setting and anyone else in the image.

Build with Legos. Following a kit is fun, but challenging your child to build something new using all the pieces they have will help spark their creativity.

Practice an instrument. From the xylophone to the drums to the recorder to the trumpet, no child is too small to make some music, Mason says.


Little girl splashing in puddle
Cavan Images / Getty Images

 

Outdoor Activities for Families

A little rain never hurt anybody. As long as there isn’t any thunder or lightning in your area and you’re avoiding swimming pools and running water like creeks, which can rise quickly in the rain, throw on a raincoat and boots and try some of these fun outdoor activities.

Go for a walk. There’s just something about splashing through puddles that hits differently from a walk on a sunny day, says Mason.

Build a shelter. Head into the yard with a tarp and some rope and see if you can build a dry shelter.

Try to make a fire. This will take a while and requires the proper skills and tools, but finally seeing those flames lick upward will be incredibly satisfying.

Play with a water table. Water itself can be endlessly entertaining, especially for young children. Set up a table outside with cups, bowls, bottles, and funnels—then let them enjoy themselves.

Race “boats.” If your driveway or street slopes down, have your kids grab leaves, sticks, flowers, or pinecones and race them down the running water. This option is best for families who don’t live on busy roads, but no matter what, be sure to keep an eye out for cars.

Measure the rainfall. Set out containers of different sizes and see how long it takes for the rain to fill up each.

Have a water fight. Water balloons are fun, squirt guns are too. Everyone is wet already, after all.

Build dams in puddles. Use rocks, sticks, or your hands to flood holes and impressions in the yard or driveway, then try floating things in them.

Set up a slip and slide. If you don’t have an official slip and slide, a tarp works great—and you won’t even need the hose! Try adding some dish soap, baby soap or body wash to make things extra slippery.

Draw with chalk. Chalk will still draw great in the rain, but the colors will appear slightly different.

Play with sand or mud. They become natural molding materials when wet.

Shower in the rain. Little ones will get a kick out of this one! Bring shampoo and soap outside and lather up in the rain.

Create a water band. This one works especially well if it’s raining hard. Bring out buckets, cups, covers, and other containers made of plastic or tin and see what sounds they make as the water hits them—or grab some shovels and spoons and make music of your own.

Hunt for rain-loving critters. Frogs, toads, worms, snails, and slugs all come out in the rain. See how many you can find—without hurting them, of course.

Dance with umbrellas. There’s something about twirling with an umbrella that makes the activity that much more fun.

Cloud peep. Check out the clouds around your house and your neighborhood and see if you can tell the difference between those that are dumping rain and those that will bring dry skies.

Go rainbow hunting. As the storm is letting up, pull on your boots and head out around the neighborhood to see if you can spot a rainbow.


By Alyssa Sybertz
Alyssa has been writing about health and wellness since 2013. Her work has appeared in print in publications like FIRST for Women, Woman’s World, and Closer Weekly and online at places like TheHealthy.com, Allrecipes.com, and OnePeloton.com. She is the author of The OMAD Diet and has served as editor-in-chief for two magazines about intermittent fasting.

Keeping Current Matters | Feb 26, 2024

If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment. That might be because you’ve heard you need to save 20% of the home’s price to put down. Well, that isn’t necessarily the case.

Unless specified by your loan type or lender, it’s typically not required to put 20% down. That means you could be closer to your homebuying dream than you realize.

As The Mortgage Reports says:

“Although putting down 20% to avoid mortgage insurance is wise if affordable, it’s a myth that this is always necessary. In fact, most people opt for a much lower down payment.

According to the National Association of Realtors (NAR), the median down payment hasn’t been over 20% since 2005. In fact, for all homebuyers today it’s only 15%. And it’s even lower for first-time homebuyers at just 8% (see graph below):

a graph of a number of blue squares

The big takeaway? You may not need to save as much as you originally thought.

Learn About Resources That Can Help You Toward Your Goal

According to Down Payment Resource, there are also over 2,000 homebuyer assistance programs in the U.S., and many of them are intended to help with down payments.

Plus, there are loan options that can help too. For example, FHA loans offer down payments as low as 3.5%, while VA and USDA loans have no down payment requirements for qualified applicants.

With so many resources available to help with your down payment, the best way to find what you qualify for is by consulting with your loan officer or broker. They know about local grants and loan programs that may help you out.

Don’t let the misconception that you have to have 20% saved up hold you back. If you’re ready to become a homeowner, lean on the professionals to find resources that can help you make your dreams a reality. If you put your plans on hold until you’ve saved up 20%, it may actually cost you in the long run. According to U.S. Bank:

“. . . there are plenty of reasons why it might not be possible. For some, waiting to save up 20% for a down payment may “cost” too much time. While you’re saving for your down payment and paying rent, the price of your future home may go up.”

Home prices are expected to keep appreciating over the next 5 years – meaning your future home will likely go up in price the longer you wait. If you’re able to use these resources to buy now, that future price growth will help you build equity, rather than cost you more.

Bottom Line

Keep in mind that you don’t always need a 20% down payment to buy a home. If you’re looking to make a move this year, reach out to a trusted real estate professional to start the conversation about your homebuying goals.

A Florida man has become a TikTok star after amassing million of followers who watch his home repair videos.

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Keeping Current Matters | Feb 8, 2024

Are you on the fence about selling your house? While affordability is improving this year, it’s still tight. And that may be on your mind. But understanding your home equity could be the key to making your decision easier. An article from Bankrate explains:

Home equity is the difference between your home’s value and the amount you still owe on your mortgage. It represents the paid-off portion of your home.

You’ll start off with a certain level of equity when you make your down payment to buy the home, then continue to build equity as you pay down your mortgage. You’ll also build equity over time as your home’s value increases.”

Think of equity as a simple math equation. It’s the value of your home now minus what you owe on your mortgage. And guess what? Recently, your equity has probably grown more than you think.

In the past few years, home prices skyrocketed, which means your home’s value – and your equity – likely shot up, too. So, you may have more equity than you realize.

How To Make the Most of Your Home Equity Right Now

If you’re thinking about moving, the equity you have in your home could be a big help. According to CoreLogic:

“. . . the average U.S. homeowner with a mortgage still has more than $300,000 in equity . . .”

Clearly, homeowners have a lot of equity right now. And the latest data from the Census and ATTOM shows over two-thirds of homeowners have either completely paid off their mortgages (shown in green in the chart below) or have at least 50% equity (shown in blue in the chart below):

That means roughly 70% have a tremendous amount of equity right now.

After you sell your house, you can use your equity to help you buy your next home. Here’s how:

“You may want to pay cash for your home if you’re shopping in a competitive housing market, or if you’d like to save money on mortgage interest. It could help you close a deal and beat out other buyers.

Borrowers who put down more money typically receive better interest rates from lenders. This is due to the fact that a larger down payment lowers the lender’s risk because the borrower has more equity in the home from the beginning.”

The Easy Way To Find Out How Much Equity You Have

To find out how much equity you have in your home, ask a real estate agent you trust for a Professional Equity Assessment Report (PEAR).

Bottom Line

Planning a move? Your home equity can really help you out. Let’s connect to see how much equity you have and how it can help with your next home.

👩🏻 Christine Almarines @carealestategroup
Realtor DRE# 01412944 | 714-476-4637
Tagalog speaking

👩🏻 Anaid Bautista @singlemomrealtor
Realtor DRE# 02179675 | 949-391-8266
Spanish speaking

 

Choice Home Warranty | Jan 15, 2016

Valentine’s Day is a great day to show your appreciation for the one you love. Often, it’s through greeting cards, romantic dates, flowers, and gifts. But for some couples, the key to a loved one’s heart just might be in a few framed wedding photos around your home or a new fireplace for a cozy night. And better yet, your Valentine home improvement projects can be enjoyed for years rather than just a few moments or days. Start now on these home improvement projects to show you care for Valentine’s Day.

  1. Add a couple rocking chairs to your porch: Whether you have space on your front porch or out back, make your outdoor areas more couple friendly with a pair of chairs you can enjoy together.
  2. Update your lighting: Swap out harsh lighting for something softer and more flattering. Install dimmer switches to set the mood, update outdated fixtures with a new, more romantic design, and put in new bulbs with softer light.
  3. Install a wine fridge: Love to share wine together? Enjoy an even better experience with a new wine fridge for your kitchen.
  4. Hang an outdoor swing: Get ready for the spring and summer seasons with a cozy outdoor swing or hammock that you can enjoy together.
  5. Frame your bathroom mirror: Update the look of your bathroom quickly — and remind your loved one of your hard work and caring in completing this projct every morning when they look in the mirror. Reveal your finished project with a love note on the mirror.
  6. Organize kitchen cabinets: It hardly sounds romantic, but ask any harried home chef with messy cabinets, and they’ll tell you this gesture would win their hearts over. Invest in organizational tools such as divided storage, hangers, and even drawers for cabinets, and wow your loved one with kitchen storage they’ll enjoy using.
  7. Build a piece of furniture: Nothing says love more than spending the time to create a quality handcrafted piece of furniture made with the recipient in mind. Build a bookshelf for a book lover, a jewelry hanger, or even a practical storage solution for your entryway.
  8. Hang photos on your walls: Chances are, you have plenty of photos of you and your significant other together. But do you have them framed and hung in a place of honor? Show your loved one that you care and cherish your relationship by taking the time to print, frame, and hang photos of them or the both of you together on your walls at home. Need ideas? Look for photos from your wedding day, honeymoon, favorite vacation, or early days in your relationship to make them (and you) feel nostalgic.
  9. Upgrade bath fixtures: Turn your master bathroom into a more romantic haven with updated fixtures. Add a new fixture for faucets and put in new fixtures in your shower and tub for a new, more inviting look. Then plan a big reveal with a bubble bath.
  10. Plant a flower garden: Cut flowers are a nice gesture, but in the right climate, a garden of flowers that will last for weeks or months is a more enduring reminder of your love. Or, plant rose bushes for something more permanent. Plus, you can select flowers from your garden or rose bush for a home made bouquet.
  11. Buy new bedding: Refresh your bedroom and make your bed more enticing with fresh, new sheets. Take it a step further with a new bedspread or even a new headboard.
  12. Put in a fireplace: Nothing says cozy and romantic like a fireplace at home. But even if your home doesn’t already have one, it is possible to get one installed. Freestanding units can be purchased and enjoyed within moments, and local installers can add one to your home as well. Rather take it outside? An outdoor fire pit is romantic, too.
  13. Carve out a ladies’ retreat or man cave: Have a space in your home that you’re not really using? Clear out the junk and make it a place for your loved one to enjoy instead. Add furniture and touches that you know they’ll enjoy, such as wall paint in their favorite color, or the perfect storage solution for their favorite collection.
  14. Just fix it: Practically every couple has a project or two on their honey do list that gets overlooked. Think about the project that your loved one has been wanting to see done and make it happen.

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