Home Ownership

Simple Repairs to Your Home – You Can Do!

Simple homeowner repairsEverybody dreams about owning a home. Although owning a home is amazing but maintaining it is not a child’s play as it brings many responsibilities along. When a person has bought a home then he should also care about its repair and maintenance. There are simple home repairs that the homeowner can himself do but some repairs would need the helping hand of a professional. For tons more home owner tips visit: http://www.todayshomeowner.com/

It is a good idea to regularly inspect the home to make sure that things are in place. There are few things that usually go unnoticed only to create serious problems later on. So if a home owner is not careful about every little detail of his house then he would suffer in the future. Following are some simple home repairs that you as a homeowner can do on your own.

Plumbing Repairs: Clogged sink and leaky faucets are among the most common plumbing problems. If you notice that your kitchen sink has been clogged or the faucets are leaking then you would consider calling in a plumber. You do not really need a professional plumber as this simple plumbing repair can be done using DIY methods. When you are repairing simple home plumbing problems yourself then you also save a lot of money. However, if the problem is really serious and you are unable to fix then a plumber should be called in.

Electrical Repairs: There are some electrical repairs for which you need to call in a certified electrician. If you have to change the wiring of your home then it is not a simple task i.e. you cannot do it using DIY methods. However, simple electrical repairs do not need any professional help like changing the plug of your home or replacing a fused light bulb.

Painting Repairs: Do you think your home needs a fresh coat of paint? You can do the painting job yourself as it is a simple task. However, you need to have courage and patience to do the task as it will take time and technique.

Roof and Window Repairs: Do you notice that the roof of your house is leaking? If you can figure out where it is leaking from then you can simply close the leak points and lead a carefree life. If the windows are creaking or have been damaged then you could repair yourself. You need to take out your hardware toolkit and start working to fix the damaged windows.

How to Find the True Cost of Home Ownership in Charleston SC

Charleston Real EstateIf you have thoughts of buying and owning your first home especially now that the prices of median homes are at five-year low nationwide, you should take note before rushing to final decisions. The overall cost of home ownership might involve a lot more than what you might think. Owning a home always comes with a number of expenses which you did not encounter when living with your parents or renting. The extra expenses/costs can result to strains on your monthly and daily expenses if you did not plan or prepare for them. Therefore, all you need to do is to plan and prepare vividly for the home buying activity to ensure that you don’t get unnecessary financial strains on the process due to lack of knowledge on the cost of home ownership. The following are the expenses and costs of owning a home which you should plan and prepare to meet for successful home buying and owning.   To start your search in Charleston and find some great tools for calculating the true cost of home ownership visit Charleston Real Estate at gopremierone.com

1. Insurance costs

It is important to note that before you can get a mortgage, most of the mortgage lenders will require a proof of the homeowners insurance. Insurance premiums will vary depending on certain factors such as; where you live, the age of your house, the size of the house and the type of the house. For example, if you own or buy a old house the cost of insuring it will be high because the cost of repairing any damage to a old house will be high when compared to new standardized houses. Therefore you need to be aware of the insurance costs of your home and know what can cause their rates to go up or down.

2. Property taxes costs

As a home owner, you can’t escape the taxes expenses. The cost as a result of property taxes depends on the value of your home. The more expensive your home is, the more you will need to pay in taxes. You will have to pay city or county property taxes and also the state property taxes. Planning and preparation for these costs are necessary.

3. Mortgage costs

The amount of mortgage costs will depend on the amount you borrowed, the period or amount of time you will have to pay the loan and the rate of interest on your home loan. If you tend to finance your home, then the monthly mortgage payments go towards the principal and interest on the principal. Therefore, plan and have knowledge on the interest rates.

4. Utilities costs

The utility costs and expenses include; water, electricity, heating, cooling and natural gas expenses of your home. You might ask for a record of house utilities expenses from the seller so as to estimate your expenses depending on the size of your family/home.

5. Maintenance costs

Maintaining your home is another cost that you can escape. All the repairs regarding any part of the house/home will always be your expense since you are the owner. Therefore, you should include the estimated costs in your financial budget and plan.

6. Appliances costs

These are costs as a result of buying the appliances that are necessary and are required in your home. Such appliances include; dyers and washers.