9 Things to do in Centre County this Winter

It was 1 degree outside this morning, which means we are OFFICIALLY in the dead of winter here in Centre County. The good news is that there is still fun to be had! Here’s a roundup of the 9 best winter activities to keep yourself occupied as we weather the winter.

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  1. Go to a Penn State Hockey game – The PSU Men’s Ice Hockey team has games scheduled up until the end of February, with quarterfinals, semifinals, and regionals taking place after that. Tickets here.
  2. Go ice skating  – Pegula ice arena on Penn State’s campus is open to the public, but there are also several outdoor public rinks around the county, including Blue Spring Park and Bellefonte’s Talleyrand Park.
  3. Fun in the Snow at Black Mo – An event taking place this Saturday, January 29th from 10:00 am – 2:00 pm at Black Moshannon State Park. Link to more information here.
  4.  Go sledding at Slab Cabin Park – Arguably the best sledding hill in Centre County! Located at 316 Elmwood St State College, take your sled and make a day of it! Be sure to snag some hot chocolate after!
  5. Skii, snowboard, or tube at Tussey Mountain. Personally one of my favorite winter activities in the area!
  6. For the person who would rather explore indoor activities during the winter… Now is a great time to visit the Palmer Museum of Art! Admission is free.
  7. Another idea for the indoor enthusiast – Go see a show at the State Theatre. Upcoming events list here.
  8. Hike Mount Nittany – This idea is best for when there’s no snow or ice on the ground, so maybe save this one for the end of the winter season 🙂
  9. And, sometimes when it’s cold outside the best activity is just to visit a local restaurant! A delicious dinner and some drinks from a local brewery or distillery are sure to warm your soul! Otto’s Pub and Brewery, Barrel 21 Distillery, Axemann Brewery, and Big Spring Spirits are some of my personal favorites!

Stay warm out there Happy Valley. Only a few more months and spring will be upon us!

As a first time homebuyer, how much house can I afford?

It’s safe to say that the homebuying process can be overwhelming – it can be difficult to know where to begin. One of the first things first time homebuyers should think about is their budget, and if a monthly mortgage payment can comfortably be a part of it.

The good news is, often times, it can! Especially if you’re already making some sort of housing payment. If you’re a renter, plug your current monthly rent into the formula below to get an idea of the price range you can be shopping in to keep your monthly mortgage payment about the same as your current monthly rent.

(Mpexels-kindel-media-7578939onthly rent payment / 6) * 1,000 = bottom # in your range
(Monthly rent payment / 5) * 1,000 = top # in your range

So, for example, if you’re paying $1,500 in monthly rent, you could plan to shop for homes in the $250,000 – $300,000 range to continue to pay about $1,500 for your monthly mortgage. This, of course, is just an estimate, but provides a good starting place.

When you’re seriously ready to start shopping and seeing some homes, a pre-approval is a must. Should you fall in love with a home and want to make an offer on it, your pre approval shows the seller that you’re serious, you’re ready to go, and you can afford that home. I always encourage my clients do some leg work up front before getting pre approved, to figure out what’s going to be affordable for them. Getting a pre approval from a lender and running with that number can be dangerous – Remember, that’s the MAX amount that you can borrow, and that doesn’t necessarily mean that the payment would fit comfortably into your budget.

Keep in mind that when you’re calculating your monthly payment for a home, you’re going to need to estimate the loan payment (including principal and interest), along with real estate taxes, homeowner’s insurance, and private mortgage insurance, if you have less than 20% down payment. Any extra payments, like a homeowner’s or condo association fee, would also need to be factored in. There are some really great calculators online to help you do this – I personally love Nerdwallet.

And of course, a local buyer’s agent is one of the best resources you can have as a homebuyer! They’ll be able to take you through the entire process, from figuring out your monthly payment, to cheering you on at the closing table.