When it’s time to purchase a home, so many people get excited about picking out paint colors and matching furniture. Very few people get excited about the idea of home repairs. However, when you own a home, it’s different from an apartment in that you’ll have to cover the repairs. Staying on top of home maintenance can feel overwhelming and annoying. However, if you implement these few steps, you can keep your sanity and maintain a spotless home.
1. Keep a budget for repairs.
It’s always wise to set aside money to cover major repairs. It’s difficult to have peace of mind if you know that anything can happen and you won’t be covered. So, with each paycheck, set aside a specific amount of money to cover potential expenses. Make your savings plan intentionally with a line item in every budget.
2. Know your insurance coverage.
Before you sign the dotted line, read the information and make sure you understand your coverage. You’ll want to get a home insurance plan that covers everything in your best interest. If you have a family lawyer who can look over the details for you, you’ll be in great shape. Furthermore, when you make major home purchases like a washer, new windows or a new rook, make sure you understand the details of the warranties. If and when something breaks down, you can look at your contracts to know what’s covered and how much money you’ll need to pay. Ideally, you won’t have to come out of pocket for too much.
3. Keep a few professionals on speed dial.
If you don’t know the difference between an LED light bulb and a fluorescent bulb socket, it’s a good idea to learn. It’s also a good idea to hire professionals who can handle the dirty work that’s involved in maintaining the home. Everything from the roof to the basement pipes need to be maintained. Keep a schedule so that you can call the right people on a seasonal basis as well. If you maintain an understanding of what’s going on in and around your home, you’ll lessen the likelihood of catastrophic accidents.