Why People 55 and Older Should Still Buy

There’s a lot of attention being paid to downsizing homes for empty-nesters and those whose families are fully grown. Should you move? If so should you rent or buy? Here’s a look at some of the common questions, considerations, and issues you should make as you consider your set of living arrangements.

Income Stability

Will you or your spouse be on a controlled income in the near future? Renting might sound tempting, but you should take into consideration that a fixed mortgage might be more stable than renting a home or apartment. Unless you find yourself signing a rent-controlled lease, your housing costs might not be as predictable as you think. And even rent-controlled leases normally include an annual increase to keep pace with inflation.

Property Stability

Buying a home means it will always be yours. Unfortunately, with rental properties you don’t have this security. A landlord can decide to sell a property at any time (even with a revolving lease) and it might just leave you looking for a new place to live with no guarantees of security.

Maintenance

One of the most frequent arguments we hear about the benefits of renting is having maintenance be someone else’s problem. However, not all maintenance is covered by landlords, anyway. Many home renters are still responsible for lawn care, changing their own furnace filters, shoveling snow and more.

You can get many of the same benefits just by choosing a home community carefully. Brookstone Home’s maintenance-free communities offer year-round lawn care, mulching and snow removal through their HOA’s.

Flexibility

Only by owning can you get complete flexibility over your own home. There’s not a lease on the planet that will allow you to make property improvements, remodel, or even repaint without prior approval from your landlord. Owning your home is still the only way to have total control over your home environment.

Let’s Talk Cost

Mortgages are still cheaper than monthly rents in almost all markets across the U.S. Even with the economy rebounding, you’ll never get the same amount of space for the cost on a rental versus your mortgage. If you will be in a home even 10 years it still makes the most financial sense to buy.

The tax incentive is still a huge draw for homeowners as well. And lastly, owning makes most sense if you want to leave something of value to your children when you aren’t around anymore.

Brookstone Homes has a variety of ranch-style homes that could suit your needs during your Golden Years, and we’re one of the only builders around fully certified in Aging-in Place building. We can help you prepare for the next decade or more!

Insurance is Often More Affordable on New Construction Homes

Insurance is Often More Affordable on New Construction Homes

Insurance is Often More Affordable on New Construction Homes

Insurance is typically something homeowners gloss over and take less seriously than other things when going through new home construction. There are many reasons for this, but when disaster strikes, it can leave homeowners reeling. The time is now for Cincinnati home builders to increase awareness of how insurance works and why it is beneficial to consider purchasing.

Insurance First

Oftentimes, insurance is the last thing on the mind of Cincinnati home builders. Insurance should not be tossed in last minute because an insurance company may have a reason not to insure a property. It is best to contact the insurance company first to discuss the property prior to putting money down or starting the building process. Rather than having the insurance a homeowner wants, it may take time to shop around searching for a company to take the home under its wing. To avoid the issue, Cincinnati home builders should consider speaking with an agent before signing any contracts.

New Home, More Money

Building a new home is a huge positive in the eyes of insurance companies. Most people are shocked to find out just how inexpensive it is to obtain homeowners insurance. Discounts can be offered for the first several years of ownership in some cases which means excellent coverage for less cost up front. This is excellent news for Cincinnati home builders who are looking for newly constructed properties.

Build Smarter

New technologies and building materials are available in new homes that can reduce the potential for having an insurance claim, or even lower insurance premiums. It is beneficial to find out what all the insurance costs are to ensure smarter building practices going into the process. For example, siding a home with durable materials like stucco rather than wood siding can come with a discount. Installing a home alarm system can result in a discount on insurance premiums for potential homeowners.

Affordability is a big deal to Cincinnati home builders looking to construct a new place to call their own. It helps to review all the costs associated with homeowners insurance by working with a provider that understands the ins and outs and possibly has worked with the chosen builder to ensure the best service. With the proper research, a family can be certain to get the best bang for their buck.

 

If you’re ready to build a custom home of your dreams, call Brookstone Homes. We will disclose all the information you need to make the best decision before and during the home building process. Our company is all about transparency throughout the entire building process. Your satisfaction is our goal. Call us to find out how to get started.

Summer Home Maintenance Checklist for New Cincinnati Homes

Summer Home Maintenance Checklist for New Cincinnati Homes

Sunshine is here and summer is around the corner. Vacation plans are in full swing as are the daily plans for park visits, playtime at the pool and barbecues outside. Now is also the time to consider summer home maintenance as part of getting ready for warmer temps. Follow these simple tips and tricks for getting your space ready for all those guests.

Use Your Friends (Wisely)

Even if you are hosting, that doesn’t mean you should shoulder all the work. Set a casual tone by doing things like a potluck. It might seem like a good idea to ask friends to pitch in with lugging the garden gnomes out and repainting, but be sure to offer them some thanks in the form of ice cold lemonade and cookies.

Be Prepared

Summer home maintenance is all about the preparation. Thinking ahead to the jam-packed summer, you can do yourself a favor and start early. Getting your space ready for summer is more than just making it ready to host friends and family for parties, it is about making sure you dust the cobwebs out and get it safe and ready for use.

Inspect the A/C

The last thing anybody wants to deal with on a hot day is a broken air conditioning unit. Coming home on a steamy day to an even steamier home is not only unpleasant, it also can be dangerous. A little preventative maintenance can help ensure you don’t find yourself in this predicament. Be sure to check the filter every three months and check the HVAC system for a tune-up.

Prep Windows

Warmer weather means we crawl from the cave of winter into spring and finally arrive on the doorstep of sunshine and life abundant. Opening windows can feel good, but it helps to check out what is around those windows like curtains. Lighter fabrics take advantage of added daylight and brighten a room. Be sure to inspect screens for any holes and repair before opening windows.

Test All Detectors

It is never a bad idea to check all smoke and carbon monoxide detectors in the home while performing routine summer maintenance. A few minutes spent on checking batteries can save more than just money and time.

Try a Clothesline

Why not take advantage of summer air and save on your energy bill. Back in the day nearly everyone line dried clothes. There are a variety of styles and prices to choose from when looking at ways to install a clothesline. Be sure to check with your HOA or neighborhood association to make sure it is okay to hang a clothesline on your property prior to installation.

 

If you’re ready to build a custom home of your dreams, call Brookstone Homes. We will disclose all the information you need to make the best decision before and during the home building process. Call us to find out how to get started.

5 Things that Come with a Brand New Home (Besides the House)

5 Things that Come with a Brand New Home (Besides the House)

5 Things that Come with a Brand New Home (Besides the House)

The keys to a brand new home are now in your hands and you are ready to move in. Finally, all that hard work has paid off and you can live in the dream home. There is so much more about owning a new home that should make you feel pretty good about your purchase.

Peace of Mind

New homes come with builder warranties, safety features, and the chance to have a third-party inspector help spot check any issues prior to move-in. New homes give an owner peace of mind. If you buy an old house, you take the risk of moving into a space that needs costly repairs. Repairing a roof can set you back several thousand dollars. Enjoy the peace that comes with owning a brand new home and rest knowing there is less to worry about.

Community

The foundation of a community are families who live on the street. Wide, tree-lined streets, events, and amenities make it easy to meet new neighbors. Children can build lasting friendships in school or on the playground. Builders spend lots of time designing new home communities that encourage a welcoming and active lifestyle for families that live there. That brand new home is an invitation to jump in and enjoy community.

Free Time

Even if you are dedicated to fixing up and doing it yourself, it can cost lots of time and money which may be better spent elsewhere. A new home is designed for your lifestyle and personality. You will not have to learn how to remove wallpaper or repaint. The free time can be used getting to know the neighbors and deciding what new accessories to buy for your new home.

Lower Utility Bills

A new home is around 30 percent more efficient than homes built only 10 years ago. Modern building practices, better insulation, and energy-saving appliances can help reduce your monthly utility bill.

Great Schools

One of the best features for families who purchase a brand new home is the nearby schools. Since you have control over where you live, you can decide which schools children attend and which school district in which to live. This will help make it easy to set up children for success.

Building a brand new home is a huge investment of time and money but you will not regret it when you realize all the benefits it has to offer you and your family now and in the future.

 

If you’re ready to build a custom home of your dreams, call Brookstone Homes. We will disclose all the information you need to make the best decision before and during the home building process. Our goal is to leave you a satisfied customer. Call us to find out how to get started.