You finally saved enough money for the down payment on a house. And you finally qualified for a mortgage. You researched and home shopped to find the right first home. You made an offer. And finally, you closed on your first big investment … a new home! Congratulations!
Now you are starting a 3 to 7 year cycle of owning and managing your first home. Where do you start? How do you maximize the value and minimize the ongoing expenses? What do you need to do to maintain this asset? How do you manage the improvements you make to the house? How do you avoid falling into the “money pit” trap where your house financially consumes you? Read More
There are some things that can be done to reduce your utility bills and also extend the life of some of your home’s equipment. These tips can even help create better cooling and heating in your home. With the average annual yearly spend of over $3,500, wouldn’t it be nice to reduce some of this spend and still have a comfortable home? Many folks think they cannot do anything to manage their utility bill. Or they think they know exactly what to do but may not have thought of these additional tips. Read More
Your home is the biggest part of your net worth and according to statistics, accounts for nearly 40 to 45% of your monthly expenses. As a result, you should always be on the lookout for ways to minimize the expenses and maximize the value. Especially over the long run, as eventually you will sell your current home. Read More
For most people buying a new home is a significant investment. Before signing any papers, you have to check the place thoroughly to find out if the house is in an excellent condition. Most of the homeowners forget to inspect the place for pests because they don’t think it’s that important.
Chances of your property value reducing due to troublesome pests are more. Before you buy a property, you should get a pest inspection from a pest control company. Here are some of the good reasons on why you should consider it. Read More
When you become a homeowner, there are so many crazy things that can possibly happen to and in your home. All of sudden, you have a new maintenance schedule for your home. And that maintenance schedule forgets to mention the crazy little items that could occur. Are you prepared for the simplest of tasks? Here are the ten things every homeowner should know that effects your home’s efficiency. Read More