6 TIPS FOR SAVING MONEY WHILE MOVING HOMES

6 TIPS FOR SAVING MONEY WHILE MOVING HOMES

Moving into a new home can be costly, therefore you would want to save as much as you can.

Here a few tips on how to save some money:

1. Pack your stuff.

Moving companies charge for both the packing materials and labor. Save some money by packing up everything yourself. Just make sure you pack everything properly so that things don’t get broken because the moving company won’t be responsible for your mistakes. If you need help call a friend you can count on, catch up with a glass of wine, after the job is done, and have a nice talk with them. It will be time well spent especially if you won’t see them often anymore.

2. Ask for help from your friends with trucks or vans.

Check within your circles for friends with personal trucks or vans and ask if they can help you move. This will surely save you some good money. Still, it would be very kind of you to offer to pay for gas and a meal or two as appreciation for their help.

3. Get rid of useless stuff.

Of course, it’s a no-brainer, that most of us tend to be hoarders and collect lots of stuff, and we often don’t even realize how much useless things we’ve managed to collect or hold on to. As you pack, put away anything that you don’t want or don’t use regularly. Remember the less you have to pack, the less money you have to spend on packing materials such as bubble wrap. It would also be a good initiative to donate some of those things to more deserving people.

4. Reuse things to pack.

When moving remember you will need places to pack all your items into to keep them safe and organized. Collect as many carton boxes, bubble wrap, or old newspapers as you can. Borrow some large carton boxes from work or your local wholesale shops. They make wonderful packing boxes because of their size and when you label the items you pack in them it will make your unpacking process a whole lot easier.

5. Cancel your subscription bills in advance.

There is no doubt moving is a time-consuming and stressful experience for most of us. It’s possible while you’ve been busy planning and packing things you haven’t thought about your billing cycle. Avoid paying an extra month of subscription bills by checking if they fall in line with your moving date, if not cut them off in advance. Most households now have internet connection in their homes, if you are moving far perhaps to a different town, your internet provider may not be in that town, therefore you may need to cut them off in advance and avoid losing money through penalties or automatic subscriptions.

6. Try to exercise.

Although this one will not save you money, it will help you get in shape body and spirit for moving. When planning a move, exercising is one of the last things you will want to do, but it’s a good idea to make time for it. Exercising will boost your mood, reduce stress and anxiety, and help you stay stress-free during your move.

Although moving into a new home or neighborhood can be tough, these tips combined with a reputable estate and friendly community like the one at Nakuru Meadows can relieve stress and help you settle in easily.

In case you are looking to move to Nakuru, we have a beautiful gated community of 70 homes for rent and sale. They consist of two-story 3 bedroom Maisonettes and 4 bedroom Townhouses. They are not only spacious enough for a large family but also packed with amazing amenities like solar water heating, private gardens, ready internet connection, 24/7 security guarding, children and adult playgrounds and so much more.

Come visit us, we bet you will fall in love with these magnificent homes. Contact us at 0708 822 583 or 0715 856 848.

You can also email us at sale@nakurumeadows.co.ke to schedule a visit.  

6 TIPS ON DEALING WITH THE STRESS OF MOVING INTO A NEW HOME

6 TIPS ON DEALING WITH THE STRESS OF MOVING INTO A NEW HOME

It’s finally moving day! What an exciting day especially for first time home buyers, but it can also be a stressful time that can feel out of control and chaotic at times.

It’s a no brainer, moving homes can be a stressful process. Whether you’re moving around the corner or relocating out of town, packing up your entire life is difficult and naturally comes with a lot of worries.

But, we have some good news, there are many things you can do to help make this time as stress-free as possible. 

 

Want to know how? Here are some tips to help you move stress-free: 

1. PREPARE HOME COOKED FOOD.

After a long day of moving, most of us would rather order takeaway or buy fast-food. This may be a quick fix, but this kind of food can leave you feeling sluggish. Instead, we recommend you prepare a home-cooked meal in advance that will be easy to reheat on moving day. 

2. BOOK TIME OFF WORK

Moving is time-consuming and tiring, therefore take at least 3 days off work, one for the day before, one for the move, and another to unpack and get settled. You wouldn’t want to worry about finding work clothes on the day of the move. 

 Also, you will need time to unpack and rest, otherwise, it may lead to increased stress levels. 

3. YOUR EMOTIONAL WELL-BEING

If you are relocating to a substantial distance, moving home may be emotional not only for you but for your kids too. You will be leaving behind friends, family, so allow yourself the time and space to process your emotions.

To help, spend some time with friends and family before the move. 

4. KNOW YOUR NEW AREA

If you are moving to a new location, i.e. you just bought a house at Nakuru Meadows and you are moving from Nairobi then get to know the area before you move.

To do this, look online and locate your nearest supermarket and petrol station, check out the nearest hospital, etc.

5. MAKE IT FEEL FAMILIAR

Sometimes one of the biggest stresses of relocating has little to do with the packing and moving process, and more to do with leaving familiarity behind. Being in a new environment, not having any friends or familiar things around.

We recommend you surround yourself with things that remind you of home or the people you left behind. Unpack personal possessions early, or that gift your mum or friend gave you for Christmas. This will make your new home feel more familiar. 

6. CHOOSE YOUR MOVING COMPANY WISELY

While moving yourself is the more budget-friendly option, if you can afford it leave the hustle of moving to a professional moving company. It will be worth all the peace of mind and calmness it comes with. 

We all agree moving can be a tiring process, both physically and emotionally, therefore anything that can reduce some of the stress is worthwhile. 

However, make sure you choose the right moving company. Do a quick online search, read reviews or even ask for recommendations from colleagues and friends on some of the best moving companies around, it may take some time and effort on its own too, but it’s extremely necessary. You need to be certain that your furniture and valuables will be handled with the utmost care and professionalism. 

HOME BUYING MISTAKES YOU SHOULD AVOID

HOME BUYING MISTAKES YOU SHOULD AVOID

You’re thinking of buying a home! Yaaay! It must be an exciting feeling. But before you do, you need to beware of a few home-buying mistakes people make and avoid them.

Buying a home is one of the largest purchases you’ll ever make, and doing it wrong will cripple you with stress and rob you of your other financial goals. So protect yourself by knowing what not to do.

Here’s a list of typical home-buying mistakes and how to avoid them.

Mistake 1: Buying a House You Can’t Afford

This seems like an obvious red-flag, but you’d be surprised how many people make this mistake. They say, “Sure, this 4 bedroom Townhouse costs more than I planned to spend. But it’s so spacious and perfect for my large family, unlike the 3-bed Maisonette! I’ll just take out a bigger mortgage.” That’s a bad idea. Taking on more mortgage than you can afford is a recipe for disaster. Doing this will mean sacrificing money that would have gone to other financial goals and may leave you struggling just to pay simple bills.

So before you go looking for your dream home, figure out how much house you can afford. Use a mortgage calculator to enter your down payment amount and try out different home prices within your budget.

Mistake 2: Buying a House When You Have Debt

“Trying to buy a house when you’re in debt is like trying to run a marathon with a bunch of weights chained to your legs,”- Dave Ramsey. You should never pile a mortgage to other debts like car loans, credit cards, or student loans. These debts are already weighing down your monthly budget that would have otherwise been spent on saving for this 3 bedroom Maisonette in Nakuru.

Mistake 3: Not Saving Enough for a Down Payment

If you’re getting a mortgage, one of the worst home-buying mistakes you can make is not saving enough for a down payment. Any amount less than 10% is way too low! While some banks are making it easier to buy a house with little to nothing down. The problem is that you’ll be charged so much extra in interest and fees that you’ll feel like you’ll never pay off your home.

We recommend saving at least 20% of the total house price to avoid paying PMI—a type of insurance that protects your lender from losing money in case you can’t make your mortgage payments. If you are struggling to save check out a few tips we shared on Saving for a Down Payment.

Mistake 4: Forgetting About Closing Costs and Moving Expenses

Another common mistake is to focus so much on saving for the down payment that you forget about other home-buying expenses such as closing costs and moving expenses. Closing costs, generally include the appraisal fee, home inspection fee, legal fees, etc. To fully understand what closing costs are and why you should budget for them check out this article we wrote on hidden home-buying costs to expect.

Mistake 5: Not Getting Preapproved

Imagine, you’ve finally found the perfect house for your family, that actually fits your budget! Your heart races with excitement as you make an offer. Too late! The seller goes with another buyer. Why? Because the other buyer included a mortgage preapproval letter with their offer. Getting preapproved, not just prequalified gives you an advantage over other buyers competing for the same house.

A mortgage preapproval letter not only tells the seller you’re a serious buyer, but it also says choosing you means the paperwork process will move faster.

Mistake 6: Taking on Credit While Closing

While taking a mortgage with debt is a terrible decision, taking on new debt while you’re buying a house is no different! This actually creates a delay in the closing process. If you borrow money, it changes your credit score and it’ll send your mortgage approval back to the drawing board.

Save yourself the trouble and maintain your finances from preapproval to closing. Don’t do anything that could change your credit history. And while you’re at it, make sure you’re up-front with your lender about all your payment obligations. Otherwise, these issues could change your debt-to-income ratio, which means it will take much longer for you to buy a house.

Mistake 7: Focusing on Style Over Structure

Let’s face it, you will never find a home that ticks off everything on your list. Some things can be easily amended to suit your personal style. Therefore, do not pass by a good home over minor things.

Instead of worrying about appearances, pay attention to things that aren’t so easy to fix—like structure. Does the floor plan fit your family? How old is the roof? Are there any problems with the foundation? Are there any signs of issues with the electrical or plumbing systems?

Mistake 8: Buying Without a Home Inspection

One way to focus on the structure of a home rather than its style is through a home inspection. While a professional inspection will cost you some extra money it’s definitely money well-spent if it helps you to avoid potential disasters after closing. An inspection includes a thorough review of the home’s structural elements and electrical, plumbing, heating, and cooling systems. The inspector’s report gives you the information you need to decide to buy the home as-is or to negotiate with the seller to fix the problems or reduce the price.

Mistake 9: Not Walking Away From a Bad Deal

The home-buying process has many moving parts, and each one has the potential to turn a sweet deal into a disaster. For example, your home inspection could turn up problems that should reduce the seller’s asking price. If the seller isn’t willing to negotiate, you have to decide whether you want to live with (and pay for) those problems or back out of buying the home altogether.

That can be a tough choice if you’ve already decided this is the one and only perfect home for you. Don’t wind up regretting the choice to overpay for a house with problems. Maintain your power to walk away.

 

There are a ton of home-buying mistakes to watch out for. And each mistake could cost you thousands of money—or thousands of headaches. Hopefully, by reading this blog you have learned what to avoid in your home purchase.

If you are looking for a home outside Nairobi or the city you live in, consider these beautiful homes in Nakuru for sale and rent. Nakuru Meadows is a gated community just 15 mins away from Nakuru town. It has a total of 70 homes that include Maisonettes, townhouses, and semi-detached townhouses. Living in Nakuru will be a mix of modern and country, a harmonized blend you wouldn’t want to miss on.

To visit please contact us at 0708 822 583 or 0715 856 848. You can also email us at sale@nakurumeadows.co.ke

The Hidden Costs of Buying a Home

The Hidden Costs of Buying a Home

There are several additional costs associated with buying a home that many people aren’t aware of. These are often called closing costs. Many first-time homebuyers are surprised to find out how much they have to spend in addition to their down payment.

It’s best to know all these potential costs so you won’t be caught off guard when you’re about to close. In some cases, you may be able to get your broker or lender to waive some of the expenses described below.

Stamp Duty.

Stamp duty is an amount of money imposed on leases, transfer of properties, and securities. It is basically tax which is applied on property documents when you’re either buying or selling a house.

The amount of stamp duty paid is dependent on the location and price of the house. The more the property is worth, the higher you pay. For the transfer of immovable property in urban areas, the stamp duty rate is 4%.

Legal Fees.

Land buying is not a process that you can do on your own, so it is advisable to engage a lawyer who will guide you, and even carry out some tasks on your behalf like carrying out background checks and searches which are meant to confirm that indeed the land that you intend to buy actually does exist.

Valuation Fees.

Valuation is the practice of analyzing real properties developing an opinion on their value using tested and proven scientific process

A valuation is an assessment of what your home is worth, calculated by a professional valuer. A valuation report is typically required whenever a property is bought, sold or refinanced. The valuation fee is paid to cover the cost of preparing a valuation report.

Registration & Transfer Fees.

A fee is charged for Consent to Transfer from commissioner of lands and for registration of transfers.

Appraisal Fees.

An appraisal fee is a payment made to someone to evaluate how much a home is worth. It is essentially a fee to estimate the value of a property.

An appraisal is also usually needed so that your lender can justify the money it’s lending you for your property

Home inspection fee.

A home inspection is a wise investment. The cost of getting one done could be small compared to potential repair costs after the sale is closed. The price of a home inspection will vary depending on the size of the house, and some lenders will require one before they issue a mortgage.

When you’re about to make a purchase, a home inspector can help uncover any issues with the property. This can allow you to negotiate with the seller if there are problems found. Some sellers may already have a home inspection done ahead of time to save potential buyers from having to hire their own inspectors.

A home inspector will go through the home to see if there are any problems. They’ll check the plumbing, electrical, heating, and air conditioning, windows, walls, floors, ceilings, and other parts of the home to make sure everything is in good condition. They’ll also check out the exterior if you’re buying a house.

Moving costs.

The cost of moving can vary. If you rent a truck, get free boxes from work, pack everything yourself and have a few friends help out, the costs will be lower. Hiring a moving company will cost more, depending on the level of service you want. You could have them pack and move everything or just move your belongings.

Other costs.

Many other costs may apply to your situation, such as electricity meter connection costs, water meter connection costs, purchaser’s share of reversionary transfer, cost of purchase of share in the management company, advance service charge which ranges from 3-6 months plus one (1) month’s service charge.

10 REASONS WHY YOU SHOULD BUY A HOME IN A GATED COMMUNITY

10 REASONS WHY YOU SHOULD BUY A HOME IN A GATED COMMUNITY

A gated community is a form of a housing estate or residential community that is guarded and enclosed within walls or fences. If you are someone who fancies having a quiet life equipped while still having access to all the modern facilities, living in gated communities could be the right choice for you. Living in such private communities has its benefits, which make it a desirable choice of residence. So today, we bring you some of the benefits of living in a gated community that might get you to consider buying a home in such a place. 

1. SAFETY AND SECURITY

One of the biggest attractions to living in a gated community is safety and security. The idea of gated homes is to be in a closed-off and well-guarded surrounding. Gated communities usually have fixed entrance and exit points, that are either manned or have electronic security. This means that only verified residents and guests can enter the community. The guards at the security gate ensure that trespassers or thieves do not get anywhere further than the gates. There will also be CCTV cameras for 24/7 surveillance, electric fences, and so on.

2. EXTRA PRIVACY

Gated communities offer extra privacy and exclusivity from the outside world as the community only gives access to residents and verified guests. You can have your own space away from any hustle, intruders or trespassers. This kind of exclusivity makes gated community living so desirable. 

3. A SENSE OF COMMUNITY

The sense of community in a gated residence will make you feel cared for and secure. Often, there is a sort of unspoken understanding between the residents. Many of the communities also hold community events or festivals for the residents to gather together and enjoy. The controlled communal facilities help you to get to know your neighbors, which results in a sense of familiarity and trust among the residents.

4. INTEGRATED LIFESTYLE

Another benefit of living in a gated community is the well-integrated lifestyle facilities that it provides.

Gated communities have shared communal facilities such as a basketball court, children playing ground, swimming pool, gym, and many more. It makes for a comfortable living that is desirable to most buyers. 

5. NO SOLICITORS

Gated community living keeps away trespassers. No more annoyance from solicitors.

The fact that you can restrict or allow entry to whoever you want into the community makes it a safe place from solicitations. This increased sense of freedom and control is a great plus to have and can save you from the havoc and frustration that come from solicitors such as salesmen or unauthorized people asking for donations.

6. NO TRAFFIC OR SPEEDING VEHICLES

The exclusivity in gated communities means everything is controlled. For example at Nakuru Meadows, over speeding or hooting is not allowed, drivers are asked to drive at 5kmh.

The constant bustle and noise of traffic is not something you will have to worry about. Life in a gated community brings a wonderful sense of peace and quietness away from the usual city buzz of today’s technology-driven world.

8. ECO-FRIENDLY LIVING

You will enjoy eco-friendly homes when you buy a home in a gated community. This is because some gated communities like Nakuru Meadows use natural sources of energy such as solar panels. Each home comes with an individual solar panel. There is also an installed reverse osmosis water treatment plant that helps conserve and purify water. 

This allows homeowners to save a considerable amount from their energy bill which adds to the benefits of living in a gated community very significantly. This kind of green gated community is thoughtfully designed with a focus on energy and water efficiency. This way they promote water and electricity conservation, improve air quality, and thus create a healthier living environment.

9. A SAFE HAVEN FOR CHILDREN

Living in a gated community provides a haven for children. Children can be left outside without worry, the safety and security in gated communities are especially good for the little ones with aspirations for exploring. Since there are no open roads with moving traffic, it is safer to allow your kids to play outdoors; you wouldn’t have to worry about them bumping into strangers either. With communal areas set for the kids to play, it is also easier for parents to monitor them.

10. GREENER ENVIRONMENT

The final benefit/ reason why you should buy your next home in a gated community is that they have a greener environment. You’ll always have a breath of fresh air right at your doorstep.

Gated communities have a greener environment in general due to the absence of moving traffic or outsiders, they are far less susceptible to pollution. With its regular maintenance and controlled facilities, a breath of fresh air is guaranteed. 

Which one of these pros of living in a gated community has stirred your thoughts? Let us know in the comments below.

At Nakuru Meadows, we have a beautiful gated community consisting of 70 family homes. We hope this blog inspires you to consider living in Nakuru and more so at Nakuru Meadows.

Learn about our current prices and offers:

To visit please contact us at 0708 822 583 or 0715 856 848. You can also email us at sale@nakurumeadows.co.ke

HOW DO I CHOOSE THE RIGHT PROPERTY?

HOW DO I CHOOSE THE RIGHT PROPERTY?

Finding a new home is no easy task, there are many options on the market, but only a few that meet your needs. You deserve the home of your dreams, and that means scouring the market for the perfect property. Follow these tips to simplify your search.

1. List of Your Needs and Wants

This should be the first thing you do even before you log in to that listing site. Write down everything you need in a property including your maximum budget for a home, the preferred number of bedrooms, the indispensable amenities too, for instance, a parent will consider a property that has a kids play area for their children.

After your needs list is done, now make a list of your wants. Although you would settle for three bedrooms, you may prefer four bedrooms. On this list, include everything that’s not a necessity but would be icing on the cake it maybe a pool or even a generous kitchen yard.

2. Pinpoint Your Ideal Location

Where do you see yourself raising your kids, which location is convenient for you? Is the location dependent on the commute time? Do you want to be in a certain school district? What value factors do you consider when choosing a home?

While it’s great to pinpoint a few neighborhoods, you should also keep an open mind. There may be other areas of which you are unfamiliar. A real estate agent could help you find the best location for your lifestyle.

3. Ask Questions

When your search for a home begins, you’ll probably go to many showings. When you arrive at a new property, come prepared. Have a list of questions you want to ask the real estate agent. While the listing should give you some information, not everything will be included in the property description.

Some important questions to ask include:

  • How much is the service charge?
  • Has the house ever been occupied before?
  • How is the neighborhood?

While walking around the property, have an eye for detail. If anything looks unfinished or in disrepair, make a note of it. Although it might not be significant enough to keep you from buying the home, it could be enough for you to request for a lower price. Keep a list of all of your concerns. After the showing, express your concerns to your realtor.

4. Be Open-Minded

The secret to finding your dream home is having an open-mind. No home can meet all your needs and wants to the latter. Also, your dream home could be hiding under your nose. For instance, you might see a picture of a home that doesn’t visually appeal to you but after reading the description, you could find that it meets all of your desires. If you choose to buy the home, you could make a few changes to the home to make it more your style.

5. Work with an Experienced Real Estate Agent

Get a professional for assistance. Unless you are a real estate professional, you probably don’t have the resources and tools needed to find the right property. Looking online will only get you so far. A real estate broker has insider knowledge of the local market. They know where to look for the latest listings and can help you pinpoint the ideal neighborhood.

Also, be careful, and do your due diligence too. Make sure you get a trustworthy professional. Remember real estate agents are on a commission.

If your ideal location is Nakuru, come check out Nakuru Meadows. We have gorgeous family homes for sale and rent.  Take advantage of our amazing offers and invest in a family home you will always treasure.

Learn about our current prices and offers:

  • 3 bedroom Maisonette master en-suite with detached SQ  click here
  • 4 bedroom Townhouse all en-suite with detached SQ  click here

To visit please contact us on 0708 822 583 or 0715 856 848. You can also email us at sale@nakurumeadows.co.ke

×

Powered by WhatsApp Chat

× Hello, how can I help you?