Many first time home buyers, while figuring the expense of owning a home, neglect to budget for home maintenance. You're figuring mortgage payments and utility costs, right? But did you remember to budget for home maintenance? If not, you're threatening the long term value of your investment (home)! Home maintenance is a very important part of home ownership, and essential to maintaining the value of your home. You're not a tenant anymore. If something breaks, it's your problem! And while you're just moving in, with no thoughts of resale, failure to perform routine maintenance will affect the eventual sale price of your … (6 comments)
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