6 Quick Tips for Your New Home!

Welcome to Your New Home! 🏡 

The boxes are finally unpacked, but before you kick back and relax, here are six quick tips from the American Bankers Association to protect your new space and your wallet!

📊 Update Your Budget: A new home means new expenses. Track your spending early on so you know exactly what you can comfortably afford.
🛡️ Protect Your Stuff: Get homeowners or renters insurance. Ask your agent about discounts for deadbolts or alarm systems, and double-check if you need flood insurance.
✅ Do a Safety Check: Test all window/door locks, smoke detectors, and carbon monoxide alarms. Pro-tip: Thoroughly clean your dryer vent to prevent fire hazards!
💰 Claim Tax Deductions: Look into tax perks associated with your move. Homeowners can often deduct mortgage interest, and you might qualify for deductions if you moved for work.
🔨 Upgrade Smartly: Renters: Take move-in photos to protect your deposit! Homeowners: Focus your renovation budget on kitchens and bathrooms for the best return on investment.
☔ Fund Your "Rainy Day": Unexpected expenses happen. Start building an emergency fund with 3 to 6 months of living expenses to keep your finances stress-free.

Need to set up a new savings account for that rainy day fund or looking for a home equity loan? We’ve got you covered! Click here to get started today..