Buying a home is a dream come true for many first-time homeowners. The joy you feel on closing day is one of the best emotions you will ever have in your life. This feeling usually lasts about thirty days or so until you face the first issue in the property. Most of the issues are minor in nature but there is a definite adjustment from renter to homeowner. If you do not know what to expect or how to deal with them it can take away from enjoying your home or buying again in the future. The transition from renter to homeowner is one of the biggest adjustments you will ever make. Here are four tips to help ease the process.
Expect The Unexpected. As a homeowner things do not always go as smoothly as you would like. From time to time you will be forced to deal with unexpected issues at the worst possible moments. Between a failing washing machine or a clogged toilet there are several little issues that pop up from time to time. Instead of blaming everyone or waiting until they get worse you need to prepare for these items ahead of time. In addition to mentally preparing yourself for the inevitable household issue you also need to plan financially. If you own a home you can bet that you will have at least one unexpected expense every few months. As a renter, these issues meant calling your landlord to take care of them. As a homeowner, the responsibility falls on your lap. Unexpected items are just part of being a homeowner.
Know What To Do. There is no course in school on homeownership. Even if you have rented for some time there is nothing that can prepare you for owning a home. You don’t have to be an expert in all facets of homeownership but you should have some idea of what to do in almost every situation. Do you know where the fuse box is if the power goes out? Do you know where to turn the water off if the toilet starts to overflow? Do you have a flashlight by the bed in the event of a storm? What may be common sense for you can be completely foreign to someone else. Always ask questions, read books and even watch shows on TV to get an idea of what you would do in various situations.
Seasonal Maintenance.The goal of home ownership is to increase the useful life of the property for as long as possible. The best way to do this is by constantly maintaining high stress items in the house. Spending money to get the furnace cleaned and checked may seem like a short-term waste but is one of the best long-term things you can do. The same is the case with the HVAC, water heater, oil tank and any other large mechanical item. It is also a good idea to clean the gutters in the fall, trim the bushes by the house in the spring and paint the deck in the summer. These actions go a long way in preserving the useful life of your property.
Know When To Replace And When To Fix.Every homeowner, especially new ones, are looking to save money wherever they can. There is nothing wrong with saving money but you need to pick and choose your battles. If you have a large yard that gets constant lawnmower use it makes sense to invest in a higher quality mower. If you have an older dishwasher instead of repairing the same problem repeatedly you should make the investment in a new one. The longer you own your home the better feel you will have of what to do and when to do it. Spending money on quality is often a great investment.
Your first 90 days as a new homeowner is filled with excitement and even a little adventure. This is all part of the homeownership ride. Use these four tips to help ease the transition.