So you’ve bought your first new home and you’re really excited – great! If you’ve financed the place you’ll want to make sure you stay in good financial shape…here are a few of our suggestions for keeping your head above water when you’re paying a mortgage.
Get good insurance: Sometimes insurance can seem like a waste of money but you’ll be glad you sprung for it when your garage catches on fire or there’s a flood in the basement. Homeowner’s insurance is one of the basic necessities of owning a home.
Don’t overdo the extras: Sure you need things like furniture and cable to deck your house out but only spend what you can afford. Decide what’s a non-negotiable like internet from get.wildblue.com and what you can live without like a daily newspaper subscription.
Keep the place up: It’s important to keep putting money into your house to retain its value. Make improvements when they’re needed and don’t let anything get run down. You’ll have less big costs in the end and get more resale value out of the house.
Posted on July 21st, 2011 by admin
Filed under: Uncategorized