Nancy Schild - Schild Real Estate Services | Tampa, FL Real Estate, Brandon, FL Real Estate


Personal financial in your twenties comes with a steep learning curve. One minute you’re studying for your finals and the next you’re expected to suddenly know about APR financing, 401(K)s, and fixed-rate mortgages.

If you’re in your twenties and are facing these new challenges, you’re probably equal parts terrified and excited for the future. And, although it can be anxiety-inducing to step into the world of personal finance, you have one tool to your advantage that your parents and grandparents didn’t have: the internet.

So, in this article, we’re going to give you some tips about buying a home and managing your finances in your twenties.

Have an emergency fund

You probably have a lot of things you want to save for. Down payments on mortgages and auto loans, saving money for traveling, beginning your retirement funds, and maybe even starting a family; they’re all important investments that will take time and financial planning to achieve.

However, one thing that many young people neglect when they first start saving is an emergency fund. There are any number of things that can throw a wrench in your plans in your twenties. You might lose a job and have to live off of savings while hunting for a new one. Maybe something goes wrong with your car and it costs hundreds to repair. Or, you could have unforeseen medical expenses that aren’t covered by your insurance. Regardless of the reason, having an emergency fund will help you stay out of unnecessary debt.

It’s recommended to have at least 6 months of living expenses saved in your emergency fund. Once you have this amount saved, it’s a good idea to keep it in a separate account to avoid spending it on things that aren’t exactly an emergency.

Don’t live above your means

We all know that buying a house, going to college, and even buying groceries are all exponentially more expensive than they used to be. However, it’s still important to try to adjust your lifestyle to the things you can afford.

This includes the vehicle you drive, the first home you buy, and even smaller purchases you make.

Avoiding lifestyle creep

Related to our last point about living above your means, lifestyle creep is the phenomenon that occurs when you get a raise or a higher paying job: the more we make, the more we spend. However, it’s possible to avoid this trend by keeping your finances in check.

The next time you get a raise, make sure that money is put to use in either your retirement fund or savings account. This method is based on the goal of “giving every dollar a job.” When every dollar you earn has a purpose, you’re less likely to spend it on new video game consoles every six months.


Now is your chance to become part of the exclusive gated community of Estates at Limona Woods. Set on a prime lot with no back yard neighbors and professionally landscaped, this beautifully maintained home shows pride of ownership throughout. The foyer welcomes you with inlaid tile accents and a beautifully arched entry into the spacious dining room enhanced by wainscoting, chair rails, and crown molding. The kitchen has maple finished oak cabinets with pull out shelves, stainless appliances, and a breakfast bar for casual dining. The living room leads naturally to a 12 x 24 screened porch that has an amazing view and is the perfect place to relax and enjoy nature. The first floor master suite is quite large. The bath features dual vanities, a garden tub and a separate walk in shower. Upstairs you'll find that every inch of space is used well. Two bedrooms, a large full bath, and a bonus room give you that extra, private space for family and guests. In addition there is an amazing 8 x 10 storage room with shelving and the fifth bedroom also has a large walk in closet. The home has many high efficiency features including double paned low-E windows, Boracare termite treatment, thermal sealant abound all windows and exterior doors, ICYNENE spray insulation, and 30 year Class A fungus resistant architectural shingles. The complete list of upgrades is available. This is truly a dream home - clean as a whistle and absolutely move in ready. Call for your private showing today.

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Selling a home can be challenging, even for an individual who is laser-focused on getting the best price for his or her house. Fortunately, we're here to help you achieve the best-possible results during the home selling journey.

Now, let's take a look at three tips to help you obtain the best price for your residence.

1. Study the Prices of Comparable Residences in Your Area

Your home may seem like it is one of a kind, but there likely are comparable houses in your city or town. If you take a look at the prices of comparable houses in your area, you may be better equipped than ever before to establish a competitive initial asking price for your residence.

Also, studying the prices of comparable residences in your area enables you to see how your house stacks up against the competition. And if you find your home pales in comparison to its rivals, you may want to dedicate time and resources to upgrade your house. That way, you can help your house stand out to potential buyers.

2. Conduct a Home Appraisal

A home appraisal commonly is requested by a buyer after a seller accepts his or her offer to purchase a residence and a property appraisal has been completed. However, it may be beneficial for a seller to conduct a home appraisal, especially if this individual wants to get the optimal price for his or her residence.

By conducting a home appraisal, you can receive expert insights into how much your house is currently worth. Then, you can use your home appraisal results to set an aggressive initial asking price for your residence.

3. Collaborate with a Real Estate Agent

If you are unsure about how to price your residence, you may want to hire a real estate agent. Because if you have a real estate agent at your side, you can quickly and effortlessly accomplish your property selling goals.

First, a real estate agent will meet with you and learn about your residence. This housing market professional next will help you establish a competitive initial asking price for your home that accounts for the current state of the real estate market. A real estate agent then will list your home, promote it to potential buyers and set up home showings and open house events. And if you receive an offer to purchase your residence, a real estate agent can help you review this proposal and decide how to proceed.

Of course, a real estate agent will do everything possible to help you maximize your house sale earnings too. He or she will negotiate with a buyer's agent on your behalf and ensure you can get the best price for your residence – regardless of the current housing market's conditions.

Don't wait to list your home and maximize your home sale profits. Instead, take advantage of the aforementioned home selling tips, and you can boost the likelihood of a fast, profitable property selling experience.


614 LIMONA WOODS DR, BRANDON, FL 33510  

Residential
$375,000
Price
5
Bedrooms
3
Baths
Now is your chance to become part of the exclusive gated community of Estates at Limona Woods. Set on a prime lot with no back yard neighbors and professionally landscaped, this beautifully maintained home shows pride of ownership throughout. The foyer welcomes you with inlaid tile accents and a beautifully arched entry into the spacious dining room enhanced by wainscoting, chair rails, and crown molding. The kitchen has maple finished oak cabinets with pull out shelves, stainless appliances, and a breakfast bar for casual dining. The living room leads naturally to a 12 x 24 screened porch that has an amazing view and is the perfect place to relax and enjoy nature. The first floor master suite is quite large. The bath features dual vanities, a garden tub and a separate walk in shower. Upstairs you'll find that every inch of space is used well. Two bedrooms, a large full bath, and a bonus room give you that extra, private space for family and guests. In addition there is an amazing 8 x 10 storage room with shelving and the fifth bedroom also has a large walk in closet. The home has many high efficiency features including double paned low-E windows, Boracare termite treatment, thermal sealant abound all windows and exterior doors, ICYNENE spray insulation, and 30 year Class A fungus resistant architectural shingles. The complete list of upgrades is available. This is truly a dream home - clean as a whistle and absolutely move in ready. Call for your private showing today.


An amazing property with so much to offer. With over 1/2 acre of land on a corner lot, there is room for any type of addition. The home has a complete one bedroom apartment/in-law suite with full kitchen and bath, private screened porch and entrance. The owners have erected a temporary wall in the bedroom area there to create a walk in closet and are using the living room as the master bedroom, but this could easily be restored to its original state. The main house has a wonderful family room that features a large fireplace that will be a natural gathering place for the family year round. On well and septic so there will be no water or sewer bills to pay. A 600 sq. ft. foot freestanding building in the back offers even more possibilities. The space is divided into what was once a private office with its own exterior door and a work area in front. With power and telephone service connected, this could be used for a small business, studio, or whatever your imagination allows. The house does need updating and interior pictures will be available shortly. Owners are in the process of organizing an estate sale but we'd love to have you take a look. Please call for an appointment

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