Thinking Bigger: Living in Your New House

This is a Sponsored Post written by me on behalf of Coldwell Banker. All opinions are 100% mine.

Many people have developed a culture of thinking small. We lament about stuff we can’t afford. We talk about how broke we are. We make jokes about how messed up our credit is and we would never be able to do something like buy the car of our dreams or purchase a house. Thinking in this way is a downward spiral, a race to the bottom. Even when you’re joking, thinking negative brings you negativity.

One example of thinking bigger can be found in the concept of buying a home. It seems like such a huge and difficult thing to do, especially if you’re not confident in your credit history or feel like you don’t make enough money. Just as with anything else in life, though, you won’t know unless you try.

“Not bothering to try is the same as failing, except that you don’t learn anything from it.”

With the 2010 Homebuyer Tax Credits, this is even more incentive to step out and try something you didn’t think was possible. This federal income tax credit has been extended and expanded to include homeowners who wish to “move on” after 5 years of living in their current property, as well as first-time homebuyers. If you have one of these properties, make sure you get covered by property and casualty insurance so they can cover you just in case of any disasters or damages caused by other people. If you end up finding a broker, make sure they use this p&c software.

“Live in your new house mentally until it takes form around you physically” –Wallace D. Wattles

If you make less than $125,000 as an individual or $225,000 as a family or have lived in your current home consecutively for 5 of the last 8 years, you are eligible to receive a tax credit ranging from $6,500 to $8,000. To say it a different way, the federal government wants to pay you thousands of dollars for getting a new house and stimulating the economy. You have to act now as there may not be another extension. You need a written, binding contract by April 30, 2010 (close by June 30, 2010.)

“Shoot for the moon. Even if you miss it you will land among the stars.” –Les Brown

Start thinking bigger and stop sabotaging your own success before you ever get started.