Once you commit to being ahomebuyer, and your agent hands over the keys to your brand new home, it’s a tremendous sense of accomplishment and, at the same time, an anticlimax.
Before you purchasedyournew home, you put tremendous effort into selecting the right one. You probably had to qualify for finance, and then you had to get theproperty approved for the home loan too.
The tension is palpable any time you buy a home. It’s true whether you buy a new build home or settle for an older structure and all the history that comes with it. Once that’s done, and you‘ve closed and with the keys in your hand, what happens next?
Know What Gets Paid and When
If you are ready to move in, it’s time to prepare and start packing. However, make sure you understand all the loose ends of the transfer. The exact rules of the process depend on your state, and your city or county regulations too.
Many of your purchase expenses will be included in your escrow and will transfer as part of the closing process. Lenders often include property tax and insurance impounds as part of your monthly payments. Make sure you understand what’s covered and if you’re responsible for any additional periodic payments.
Older homes have the wear and tear that comes with age,and that may mean repairs that require follow-through. For example, your seller may have agreed to pay for a service such as a termite treatment, follow up and get the appointments out of the way. Don’t let dilapidation or pests come back to haunt you later.
The Home Buyer and The New House
Older homes are almost guaranteed to have issues that pop up sooner or later, and it’s on you as the new homeowner to pay to fix them. The advantage of purchasing from the builder is that there won’t be any old repairs and patchwork to replace.
When you choose a top-rated builder, who warranties their work and materials, you’ll be doubly protected. You get the peace of mind knowing that the quality is in place, and, if some issue should arise, they’ll be there to make it right.
Decorations Paint and Furnishings
The advantage of a newly built home is the pristine condition you’ll find when you open your front door for the first time. While the glamor of the show furniture staging may be gone, you’ll be ready to move in at your convenience.
Decorating your newly purchased property is a part of the process of making it your home. Choosing the styles, colors, curtains, and decorations is part of settling in. Deciding where to place furniture can be an experience that draws your family closer together.
Practical Advice Points for New Home Owners
Once you’re inside,with the door closed behind you, it is time to take care of the practical matters that establish your domain.
Utilities –Transfer the utility service accounts into your name and note when the next payments are due.
Notify your contacts and service providers – Update your contact information with essential accounts. The Postal Service has an information packet and an excellent change of address support service.
Secure your entrances – Personalize your front door, mailbox, and change locks and update keypad codes.
Secure your documents too – Get all of your vital homeowner documents organized in one place. Consider scanning them into a digital file that you can store locally and securely in The Cloud.
Remember your pets –Make sure your pets settle, and they can become familiar with the area before letting them out; this will be a trying time for them. There are digital collar attachments to track lost pets such as smartphone-enabled tags, just in case they wander off. Make sure all of your animals have access food and water during the move.
Be the good neighbor –Perhaps most importantly, get out, explore the community and meet the neighbors. Say hello and introduce your family to the folks next door. A little initiative and hospitality when you’re a new home buyermight prevent years of awkwardness and misunderstandings for years afterward.