#repair

#repair

29 Things You Discover After Buying Your First HomeThe transition from renting to owning a home is bigger than you can imagine before it happens. Sure, you quickly get an education in mortgage rates, school locations, and where the water department office is. But there is an encyclopedia of things that homeowners know and new homeowners will soon find out. You know you'll be responsible for repairs, but it takes experience to learn how difficult those repairs really are, whether you do it yourself or try to hire someone else to do it. The learning curve takes a familiar route no matter who you are. And then there are the neighbors. These new neighbors can be your best friends or your worst enemies, but either way you'll have to deal with them for years to come. Homeowners are willing to share what they've learned so far. Here's an exampled from MaxSupernova:Any project will be 90% completed in a normal amount of time.The final finishing touches will take at least a year, and you will be unable to find at least a third of the things you originally purchased to do the finishing touches and will be forced to rebuy them.Corollary: you will find them shortly after you finish the project.Redditor mmmmrrrr6789 said a lot in just a few words.The house knows when you have money. Usually near the exact amount. My mom puts money away and gets a "Christmas club" check every November for around $2000-2500. This year the furnace needs repair. $2100These lessons may be hard to learn, but years later, they will be a great story to tell on the internet. You can read all the comments and replies at the original reddit thread, or read the top 29 tidbits at Bored Panda. (Image credit: The Finishing Company Richmond Va) #homeownership #homeimprovement #repair #project

Unexpected Problems New Homeowners EncounterA survey of 1900 new homeowners found that 85% of them found unexpected problems with the house. The most common place those problems cropped up was in the bathroom, and the most common type of repair needed was electrical. New homeowners spent an average $7,080 to fix the previous owners’ mistakes, and 1 in 3 said the issue was so bad, they wouldn’t have bought the home if they had known about it beforehand. This is why it is so important to get an inspection done before closing. However, there are some problems that don't become apparent right away. An inspector might not be able to identify a leaky roof when it's not raining, or a drainage problem in the basement. Read about the most common problems facing new homeowners at Grow. Frankly, I was surprised that the percentage was that low. But I bought a house that was over 100 years old for what was considered a bargain at the time. There were problems with every room and every system, most of them things I didn't know about until after the sale, but you have to expect that when you buy a really old house. -via Digg (Image credit: A McCarron) #homeowner #repair #homeinspection