Congratulations on owning your own home! You're taking a big step in life, and this is a really cool thing. Now that you're a homeowner, there are some things you should know about how to handle it with the utmost care and respect.
As a first-time homeowner, you might have some questions about what to expect, so we've put together this brief guide to help get you started. If you're feeling overwhelmed or worried at all, don't be! All of these things are normal, and here at Ridzreno, we want to help you navigate any challenges that may arise.
Some things to keep in mind:
Plan your budget You may want to make sure that you have a realistic idea of what an appropriate budget is for you. The budget you set will be the most significant determinant of what work can be done to your home and who you can hire to help renovate.
Have money set aside for emergency home repairs When you own a home, you should be prepared for expensive and unexpected problems. These could include an AC maintenance, plumbing issues, mold problems, and pest infestations. It’s very helpful to have a safety net – or emergency fund – set up so you can pay for these types of home problems.
Get to know your neighbours It's good to build a relationship with your surrounding neighbours, it is one of the most important things you should do once you have settled in. After all, you never know when you need their help in uncertain times like grabbing groceries while you are ill, keeping the parcels while you are away or watering the plants while you are out of town. Establishing good relationships goes a long way.
Keep all home warranties and manuals in one place When you purchase a home, you’ll inherit appliance manuals and warranties. Make sure to keep these documents in an organized file, so you’ll be able to find them whenever necessary. Also, pass on warranty information and manuals to the new homeowners, if and when you sell the house.
Do not rush your renovations The more time you have, the more flexibility you can afford, the more mistakes you can avoid, and the more money you can save.
It's easy to get overwhelmed when you're dealing with something as important as your home. The following tips above will hopefully make handling these home-ownership challenges less stressful.
The first thing to remember is that you're not alone in this. There are plenty of resources available for people going through the same things: your realtor, contractors, and repairmen. If you need advice about what route to take, know who to turn to for help!