Gerstad Builders Helps You Save ON Your Home and AT Home

August 27, 2010

Gerstad Builders is always ready to help you save on your McHenry County new home, but sometimes, people need help saving money while they’re preparing to buy a new home or after they’ve just moved. Actually, these days, most of us find ourselves needing to save money at home whether we’re in the homebuying market or not.

That’s because more than half of Americans have seen their incomes dip, according to a recent post on the

Equifax Personal Finance Blog. Some have lost income because of a reduction in work hours, but millions of others have lost their jobs completely. Equifax reports that five people are searching for every job that’s available.

The Equifax post, entitled “

How to Save More Money at Home,”  is authored by real estate expert Ilyce Glink. We’ve heard some of her suggestions before – such as turning off the lights in  your home when they’re not needed or replacing light bulbs with more energy efficient models. You’ll find several reminders on how you can save on your utilities.

Other tips are unique to today’s economy. For example, have you just purchased a home in a foreclosure or a short sale? You may want to contest the real estate taxes you owe based on the market value of the home. Even if you’ve lived in your home a while, if you can see that the value has fallen, you may be able to get your taxes reduced.

Another way to save major bucks on your home is to refinance your mortgage. Glink says that lowering your rate from 5.675 percent, which was the norm not so long ago, to 4.5 percent could save you $75 a month for every $100,000 borrowed.

Of course, if you’re ready to purchase a home, financing now while interest rates are at a 50-year low will help you get the home of your dreams for a lower payment. At Gerstad, we’d be glad to put you in just the home you need at a price you can afford.

Take a look at the

Equifax Personal Finance Blog for more tips on saving AT home, and when you’re ready to buy a McHenry County new home, visit Gerstad Builders for ways to save ON your home.

About The Author

Read All Stories By Gerstad Builders

Roger Gerstad is the president of Gerstad Builders, a family-owned and operated company committed to construction of homes of the highest quality known to the industry. Roger is a graduate of Bradley University and was educated in the field of construction through the wisdom and leadership of his father. Gerstad has developed the communities of Mill Creek, Waters Edge, Winding Creek, Deerwood, Chesapeake Hills, Abbey Ridge, The Trails of Winding Creek, Pebble Creek, Timber Trails, The Trails of Boone Creek, The Trails of River Oaks, The Towns of Boone Creek, Liberty Trails, and Abbey Ridge Townhomes in McHenry, Illinois as well as Pheasant Ridge in Richmond, Illinois, Bailey Estates in Williams Bay, Wisconsin and Dawson Creek in Poplar Grove, Illinois.

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