Here are some habits savvy new homeowners practice to help ensure life in their new abode is satisfying and stress-free.
1. They Get a Home Warranty
A home warranty will cover most appliances and system malfunctions, allowing you to replace an item or receive a certain amount toward the price of replacing it.
2. They Don’t Overspend on Furniture
Going over-budget on new furnishings can quickly make you cash-strapped, or worse, put you in debt.
3. They Don’t Ignore Maintenance Issues
Don’t delay tending to any significant problems, like a leaky roof or damp basement. This will cost you more in the long-run, so take care of any structural issues ASAP.
4. They Don’t Paint Right Away
Hold off on your paint color decisions. As you get to know your home, you’ll have a much better sense of what colors will work and avoid having to repaint.
5. They Don’t Make Any Other Big Purchases
Leave your remaining nest egg intact so that you can handle home-related expenses without going into debt.