Cody Rohland's Blog
CollectiblesSome collectible items gain value as the years pass. Sometimes a craze becomes so popular (i.e., Pokemon cards) that people snatch up every item they can find hoping that someday they'll be worth thousands. In reality, it's hard to know what items will be worth something decades down the road. However, there are many items that are currently very valuable that you might have laying around in your attic (hopefully still in the original packaging!).
- Rare vinyl records Your mom's stack of dusty Kenny Rogers records might not be worth much, but you should dig through and old records and look them up online to see how much they're going for. Some editions of Bob Dylan and The Beatles sell for tens of thousands of dollars. You never know...
- Comics Just like rare records, rare comic books can sell for thousands to serious collectors. Condition is key, but if you find any comics in the attic you should ask an expert how much they go for.
- Musical instruments Antique guitars, violins, and pianos are highly sought after by collectors. Four things make an antique instrument valuable: the person who made it, the person who played it, the condition it's in, and the quality of the instrument.
- Designer fashion If grandma used to have a taste for high fashion, it might be a good idea to look into who made her old purses and jewelry. Similarly, if there is an old wrist watch or pocket watch in the attic, see if you can find any details about it online.
- First edition books There's a good chance your grand parents or great grandparents were book readers. They didn't have the internet or video games so what else could they be doing all day? If they happened to collect some first editions of the classics, you're in luck--The Great Gatsby with the original dust jacket recently sold for an incredible $194,000.
ArtworkYou can probably guess that paintings by prominent artists are some of the most valuable collectibles in the world. However, it doesn't take a van Gogh to turn a profit off of some old paintings and sculptures that might be sitting in your basement. When we say art, we also include things like movie posters and old signs and advertisements. An original Star Wars movie poster can go for up to $100,000.
Antique wooden furnitureYou've probably seen old furniture selling for thousands on television. The important things to look out for when it comes to valuing your old furniture are: is it made of all original parts? What time period is it from? Why type of wood is it made of? Which company crafted it? Only an expert can answer these questions for you.
Carefully document your incomeWhen you sit down with a lender and hand them your proof if income, you want to make it as obvious as possible that you're earning money in a reliable and predictable way. Lenders will want to see multiple documents that can help paint a better picture of your income and finances, including:
- Bank statements
- Schedule C tax forms
- Profit and loss tax forms
- Completed tax returns
- Credit score (they will run a credit check)
Separate your business and personal financesIf you own your own business, you likely have business banking accounts you use for expenses and invoices. But freelancers and contract workers often simplify things by just using their personal checking and savings accounts for income. To make things clear for lenders, you should put your income and business expenses into a separate business account. Not only will this make it easier for lenders to quantify your income, but they can also use this information to see that your expenses are for helping your business rather than personal spending.
Timing is everythingThere are a number of factors that go into choosing the right time to apply for a mortgage. Being self-employed only complicates the matter since your income might not be as steady as your average wage worker. You'll want to commit to a mortgage at a time when you've had at least two consecutive years of good, reliable income. You'll need to prove this with the aforementioned documents (bank statements, tax forms, etc.). Part of this planning could be to avoid large business expenses in the two years leading up to your mortgage application. This isn't always possible, of course, but it could be enough to boost your apparent income to get you approved for a better loan.
Seek specialized lendersSome lenders are aware that there is a large portion of the country made up of self-employed workers and small business owners. They go out of their way to work with people who are self-employed so they can give them fair deals on their mortgages. To find specialized lenders, you'll have to do some research online, but it could make all the difference when it comes to getting approved for the loan you're looking for.
27 Shores Edge, Pembroke, MA 02359
There are many safety concerns that you probably have when it comes to owning your home. Don’t forget about the safety of your 4 legged friends as well. Below, you’ll find some tips on how to keep pets safe in and around your home the whole year through.
In The Yard
If possible, keep harmful pesticides away from the yard where your pets play. If you do need to use any kind of pesticides or harsh chemicals, be sure that they are completely dry before pets come back into the yard. There are many natural pesticides that work well on plants and in your garden. An example of this is a simple mixture of cayenne pepper and water sprayed on a vegetable garden. There are many other mixtures that can help you deter pets such as:
- Baking soda
Another thing to worry about in your yard when you have pets is yard equipment. Electric tools, clippers, mowers, even ladders can be a hazard to your pets wandering around outside.
Designate An Area For Your Pet In The Yard
You should have a designated area in your yard for your pet to be in, complete with chew toys and more to distract your pet. You’ll also want some sort of an outdoor leash installed to keep your pet in their area while outdoors. Your pet will be less likely to destroy your yard if you take these precautions.
Make Sense Of Pet Safety With The Seasons
Pet safety will have different tasks to go along with it as the seasons change. During the summer months, you’ll want to be especially careful about your pet’s presence around the pool and pool chemicals. The Fourth Of July brings on concerns about fireworks and firework safety. Halloween candy is especially toxic to pets since there’s a lot of chocolate and candy around the home. If pets eat these items, it can be potentially fatal. In the summer months, you need to keep your pets cool by providing them with plenty of shade and water. If you need to keep them indoors during times of extreme heat you should do so. Protect pets from the hazards of the Christmas tree by hanging fragile ornaments higher up on the tree and ensure that the tree is secured from being knocked over by a clumsy pet.
Deter Intruders With A Fence
You can protect your pets from dangers like coyotes and foxes by fencing in the portion of your yard where your pets go. You should also limit the amount of food and water that’s accessible in the yard to predators and other unwelcome pets in the neighborhood. Follow these tips to keep your pets safe in your home the whole year through!