New Homeowner Checklist
When you purchase your first home, it’s a big step towards opening a new chapter in your life. You may start having some concerns about what to do next, and how to properly ensure that your home is being taken care of. Enjoying your first new home is a positive experience, one that will bring you many happy memories with each passing year. Now is an exciting time to pay attention to some of the most important considerations for the do’s and don’ts of your new home.
Our Peak professionals have put together a new homeowner checklist to help you make sure that every detail is in order. When it comes to spending, fixing, inspecting, furnishing, and more, you want to make sure you don’t make too many mistakes.
For more Los Angeles Real Estate Services, get in touch with Century 21 Peak today.
Keep All Receipts
It’s crucial that you keep all your receipts for any money you spend on home improvements, inspections, or renovations. This can add up to some major tax-free earnings in the long run, especially when you want to sell your home in the future. Since home improvements typically increase the value of the home itself, you can get more money back in your pocket on future gains. Just make sure to keep your receipts so your accountants and lenders can keep track of the value you’ve gained!
Get the Best Insurance
You are required by your lender to purchase homeowner’s insurance on your new property, but what you might want to pay special attention to is the quality of that insurance. You want to make sure you have superior quality insurance so that you can be completely covered in the event of a total property loss. You may also want to consider life insurance so that a beneficiary can take over ownership of the home in case of emergency.
Don’t Spend Too Much on Furniture
You are likely very eager to furnish and remodel your home as soon as you save up the funds to do so. However, you shouldn’t plan on going crazy in the furniture department right away. You may be excited about the fact that you’ve paid your closing costs and down payments, but you still want to be written off as a good homeowner down the line. Don’t jeopardize your ability to make monthly payments by spending all your savings on furniture and upgrades.
Get the Best Contractors
Just like insurance, you want to make sure you hire the best and most qualified contractors for any maintenance or renovation work you do. The wrong contractor can land you in a world of hurt, and it’s best to get out of those situations right away. Your home is a safe place as well as a huge investment and hiring the best professionals will make your life so much easier.
Los Angeles Real Estate Services
At Peak Corporate Network, we want you to feel completely happy in your new home. Having good and trustworthy professionals by your side can ensure that you will be set up for a great investment for your future. Whether you’re a first-time home buyer, or you just need some extra advice moving forward on your home project, we have the tools and resources you need to get started. You can contact us online or give us a call at (818) 591-3300 at any time. We look forward to working with you!