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August 8th, 2015 by MichiganLiving Important Tips That Each And Every New Homeowners Should Read!
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If you are a first time homeowner, the tips below can surely interest you. It can teach you a lot of things about home ownership – from paperwork to maintenance and inspection.

Living Room Pixabay

Fight The Urge To Buy New Stuff

First time homeowner’s usual mistakes involve buying stuff that is not immediately needed for the new house. Oftentimes, it results into broken budget and worst financial struggle. Yes it’s quite exciting to buy new curtains, dining table, sofa set and drape for your new house but the question is can your budget keep up?

After spending a hefty amount of money for the title of your home, make sure to re-check your budget first before spending anything. This way, you can be sure that buying such things won’t break your bank at all.

Keep Those Files Safe and Secured

It is highly advisable to designate a cabinet for paper works that involves your new home. Your mortgage documents, insurance papers and policies, receipts, contracts and so on must be kept there in a safe and secured manner. It is also recommended to request or create digital copies of your papers so you can have a softcopy saved on your computer.

Inspect Your Home

For sure you already did a home inspection right before buying your new property, right? So why need another inspection?

Inspecting your new home after you bought it can give you a good overview of the whole property. It can give you the chance to fully check and inspect even the little stuff that needs repair or replacement.

Make a Budget for Maintenance

Paying for your home’s maintenance is quite a headache and it’s a budget killer. So at the very first day of owning your new home, make sure that you already have a budget for maintenance all set. This way, you can be sure that when maintenance is needed, your monthly budget won’t be affected.

Family Room Pixabay

Aside from those tips, also make sure to check the other parts of your new house. The basement, the attic, the crawlspace – make sure to check them all out.  You never know what you can still find there.

Image Credit: JamesDeMers
Image License: CC0 Public Domain / PIXABAY

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23 responses to “Important Tips That Each And Every New Homeowners Should Read!”

  1. Mykidsguide says:

    I had to fight to the urge to buy new stuff for our home for almost a year when we bought our new home three years ago. We had to tighten our belt because too much money went out for the first year. These are great tips.

  2. These are great tips! I’m going to have to keep this in mind. Maintenance is always on the back burner, but probably shouldn’t be :/

  3. Alli says:

    My daughter and her husband recently bought a new home and the first thing I told her was that home ownership is always a work in progress and you can’t do it all at once. These are all excellent tips.

  4. Good idea re: making a budget. I’ve been shopping around for my first home lately but I think I’m going to wait and save a bit more before I buy.

  5. Shann says:

    Great tips. These are so important for any home buyer. Thanks for sharing.

  6. Excellent tips! I esp like the one about a budget for maintenance. Whether you buy a brand new home, or an older home, you will always find things that you want to change or fix, so having that money readily available will make the move in much easier, and less stressful.

  7. Bree says:

    Great tips! I bought my first home last year and I would have loved to have had these right when I bought!

    xo Bree

  8. a budget for maintenance – yes sir because if your house is like mine it is a never ending cash funnel to Home Depot. nice tips!

  9. Robin Rue (@massholemommy) says:

    But buying new stuff is fun! I think yard sales and thrift shops are great for new home owners.

  10. Important tips on what it takes to own a home and all the maintenance required.

  11. Jenn says:

    These are great tips. I’ll have to keep them in mind if we decide to sell. Which is a possibility in about five to seven years.

  12. I like all of these tips but especially the one about budgeting for maintenance. That is something that most people look over.

  13. Those are great tips. I wish I had them as a new homeowner.

  14. Claudette says:

    Great tips that every first time home buyer should read.

  15. Liz Mays says:

    I’ve made the mistake of thinking there wouldn’t be repairs needed because the inspection came out clean. I’ve since learned, so budgeting for it is crucial.

  16. Elizabeth O. says:

    I’ve been living in our new house for over 2 years now and there are still things that I need to fix. This is a great list, it’s going to help me a lot. Thanks!

  17. Crystal says:

    The people that bought our home are having us come over to teach them to use our appliances and pool before closing. Kind of weird.

  18. Donna Ward says:

    What fab tips! Yep, I was quite young when we bought our first home before my son was born and we had crates to sit on – taking our time to fill our home with furniture and then re-doing the backyard took a long while! 🙂

  19. Wendy says:

    Not buying everything new is a great tip! Sometimes you have to live in a place a little while to see just what will work best!

  20. Victoria says:

    These are some great tips for new homeowners. I will have to keep them in mind when my chance comes.

  21. CourtneyLynne says:

    Ahhhhhh it’s so hard not to buy new stuff when moving into a new place. I have been the person who screwed themselves because of that lol…

  22. Rachel says:

    These are great tips!! I know alot of people like to buy new things when they move in. My hubby and I got a new bedroom set, but it was MUCH needed!

  23. These are great tips! I am going to bookmark this for when my husband and I go to buy a house next year!

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