If you have bought your first home, it is a time to be happy! That is a very good thing and it is a new step from renting. Now, you do not have to worry about paying someone else every month. In fact, all you have to do is worry about your mortgage payment. With your mortgage payment, you are building equity against your new property. Therefore, do not overspend in your everyday life after buying a home.
- Before leaving your rented space for a ‘real home’ you’ll need to deep-clean that apartment once more and vigorously.
- Rentals are usually grabbed as a make-do living arrangement, while a house should be viewed in terms of long-term suitability.
- Before committing to a new home get a thorough and all-encompassing first rate inspection.
“Perhaps the biggest change you’ll face when buying a home is the increased upkeep — and it all starts before you even get settled in your new home.”