Buying a new home is exciting, and it’s also a huge life-change. Here are 5 important tips to help you stay organized and be happier in your new home.
- Give Yourself Some Time Before Personalizing Your New Home:
Most new home buyers spend a large portion of their savings on the down payment for their new home, so money may be tight. Give yourself time to recover financially before redecorating your home, or upgrading things like appliances or light fixtures.
2. Budget For The Unexpected:
Ask anyone who has owned a home for any length of time and they will tell you that, sooner or later, unexpected expenses will pop up. It may be a leaky faucet, a hot water heater that goes on the blink, or a light switch that suddenly stops working. Preparing in advance by setting aside money for emergencies will help you avoid a big financial hit down the road.
3. Hire Qualified Contractors:
It’s great if you can do some of your own home repairs or improvements, but know when it’s time to hire a professional. We can’t all be good at everything, so when something needs to be done in your home, and you know it’s beyond your skill level, hire a pro. It’s cool if you want to replace your own cabinet doors or paint the walls, but if you have gas line or electrical work, hire a qualified contractor.
4. You’ll Need More Than Homeowners Insurance:
If you took out a mortgage on your home, then it’s almost certain that they required you to obtain a sufficient amount of homeowners insurance. If you’re married, or share your home with someone who relies on your income to cover expenses, then you will want to consider life insurance with your partner named as the beneficiary. Additionally, you may want to consider disability insurance as well.
5. Create A Binder:
There’s a lot of paperwork involved in buying and owning a home. Mortgage and insurance paperwork, as well as documents for appliances, warranties, or repair work you’ve had done. Create a binder to keep all of these things so that you can easily find them in the future if a need arises.
For more home buying or ownership tips be sure to visit my site: http://candicebakxfriesensells.com or send an email to me at firstname.lastname@example.org.