Youâ€™re smart. Youâ€™re doing your research about home buying and homeownership (like you are right now!), so you feel like youâ€™re prepared to avoid common home buying pitfalls. But youâ€™ll soon find that once youâ€™ve moved in, there is a whole new list of common problems that plague unwary first-time homeowners.
To help you make the best buying and ownership decisions possible, weâ€™ve outlined some of the the biggest blunders that first-time buyers make after closing on their home.
Investing in Too Many Upgrades
Not every home improvement project is worth the money or effort. Many first-time homeowners make the mistake of not considering a projectâ€™s return on investment, at least until itâ€™s time to sell the house down the road.
If you want to know which home improvements are worth the investment, talk with a real estate agent or get a market report for your neighborhood. Give us a call and weâ€™ll send one to you.
Ignoring â€œMinorâ€ Maintenance Issues
As your home ages, seemingly minor issues may arise. But be careful: A dripping faucet, crumbling caulk, or slanting floors could spiral into much bigger headaches if you donâ€™t take care of them quickly.
To avoid shelling out hundreds or even thousands of dollars down the road, tackle these maintenance issues as soon as you can.
Weâ€™re happy to provide local vendor recommendations if you need maintenance work. Just give us a call!
Choosing the Cheapest Repair Option
Quality comes at a price, especially when it comes to making repairs. Whether itâ€™s picking up a cheap tool set or going with the lowest bid for a service provider, many first-time homeowners make the mistake of sacrificing quality for cost.
Contact us and weâ€™ll be happy to recommend a high-quality local service provider.
Trying to DIY a Complicated Project
But when it comes to stuff like plumbing, electricity, or structural engineering, think again. Hiring a professional will save you time and money â€” and keep you from starting a project you donâ€™t know how to finish.
Need to talk to a contractor? Call us and weâ€™ll give you recommendations.
Not Preparing for the Unexpected
A sudden job change, severe weather damage, or major maintenance problem can throw a wrench in your plans. Be sure that you budget accordingly for unexpected expenses as a homeowner.
Weâ€™re Happy to be a Resource
As local real estate experts, we have a wealth of information that can help you avoid many of these first-time home buying and homeownership mistakes. Contact us to learn more.