10 Things to Do After Buying a Home

10 Things to Do After Buying a Home


According to Realty Biz News, there are 10 Things to Do After Buying a Home.  Maybe you’ve just left the closing on your first home with the key in your hand and are rewarded by walking through an empty house where you will build your future from a clean slate. Congratulations! But before you pound in a nail to hang your first picture, you want to do things before you move in and other things that you want to do shortly after moving in. Here’s our list of 10 things to do after buying a home from various sources.

10 Things to Do After Buying a Home

1.     Security – Make sure that you change all the locks, garage codes, and security codes before you move into your new home. You don’t want the previous homeowners (or their friends) to have access to your house because you forgot this important step.

2.     Set up your new address everywhere – Now that you’re in your new digs, people need to be able to find you. Make sure to notify your friends and family. Next, you want to get all your holiday cards, right? Next is your employer — this one is important and frequently forgotten, so make sure you drop your HR department a line so they can update their records. Finally, don’t make the mistake of overlooking your creditors! The last thing you want is a ding to your credit score because a bill went to the wrong place.

3.     Utilities – If you haven’t already done this, on your list of things to do after buying a home, you will need to contact all utility companies that service the home to have the services turned on or billing for them transferred to you. The shortlist of who you’ll need to call includes Electric, Cable, Internet, Phone, Water, Sewer, Gas, Trash.

4.    Do a Deep Clean – Don’t assume the previous homeowners did a thorough cleaning of your home before leaving. Instead, spend the first few days in your new home cleaning everything. If it’s within your budget, you could also hire a cleaning company to do this.

5.     Place Mortgage Documents in Storage– Make an extra copy of the documents you signed when buying the home. Keep one copy off-site, such as with your bank, in a lockbox. Keep the other copy at your residence. Invest in a fireproof box to store the documents. This should include the mortgage terms, deed, appraisal, and home insurance information.

6.     Meet the Neighbors– Take some fresh cookies around and meet the immediate neighbors. Introduce yourself and find out about the place. Neighbors will have tips about times of worst traffic, best spots for dining & groceries, and which families are open to play dates.

7.     Cleaning and painting – Many buyers aren’t organized enough to clean and paint before moving in, but it makes everything more manageable if you can swing it!

8.     Get to know your new home – In case of emergency, you need to know where everything is in your new home!

The main water shut-off valve Make sure you know how to shut off your water if a faucet breaks or a sink starts leaking.

The circuit box and make sure your fuses or switches are well-labeled.

The gas shut-off valve. The first directive is often to shut off the gas during a natural disaster, so it’s super important to know where the gas shutoff valve is.

A sump pump, make sure to test it. Sump pumps are located in the basement or crawl space of a home, and they ensure that if there is standing water in your home, you automatically pump it out into your storm sewer or a containment pond. 

septic system treats wastewater. You’ll need to perform regular maintenance on your septic tank to make sure you don’t end up with a malfunction.

9. Safety – Make sure your smoke and carbon monoxide detectors are working. We call Carbon monoxide “the quiet killer” because it is odorless, colorless, and leaks are soundless, so there is no way to know if it’s in your house unless you have working carbon monoxide detector.

10.  Start saving for emergencies – Now that you’ve got your dream home, the last thing you want is an emergency that you’re not financially prepared to cover. So try to put away at least 1% of your paycheck, more if you can, so you’re not in trouble if problems pop up.

 

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Photo by Outsite Co on Unsplash

 

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