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Real Estate

Tips On Being A New Home Owner & Things You Could Do To Save Money

Tips on Being a Home Owner & things you could do to save money:

  • Change the locks and make spare keys, update the alarm with monitoring and a new code.
  • Review your home insurance policy; understand your coverage and how to maintain it. Lots of companies like One Sure Insurance offer online areas where you can access all of your documents so you can take your time reading through them.
  • Setup your utility accounts; understand what is being charged for service and for rental.
  • Make sure your attic is properly insulated; this will keep your home warmer during the winter.
  • Install ceiling fans in most rooms to save energy in keeping your home cool during the summer.
  • For any exposed water pipes make sure to wrap them so that they don’t lose heat.
  • Install a programmable thermostat and learn how to use it.
  • Replace the air filters in your furnace, and have your vents and ducts cleaned.
  • Setup clothing hanging racks in the laundry room to save on energy costs when drying.
  • Check all your toilets for slow leaks, and your faucets for slow drips.
  • Replace all your light bulbs with LED or CFL bulbs.
  • If you can afford to, replace the older outdated appliances with energy efficient ones.
  • Make sure all your electronics are first plugged into a surge protector.
  • Plant larger trees and bushes around your house for shade during the summer.
  • Check all the older windows and doors for air drafts and seal them.
  • Create a checklist of all your home’s mechanicals and equipment and their location, make sure to check them twice a year.
  • Keep a look out for government tax benefits and incentives to update your home. For example the Healthy Homes Renovation Tax Credit will allow you to claim up to $10,000 on your tax return for eligible expenses.
  • If you decide to sell your home, call us with any offer you get for a free review of the agreement, and obviously a great deal on your closing costs!