Comments on: Protect Your Finances in Your First Year of Homeownership

By: moderatemuse

moderatemuse — Mon, 17 Aug 2015 03:13:28 +0000

Chonce Unexpected expenses aren’t fun to deal with or pay for, but if you go into homeownership prepared for those expenses with an emergency fund and/or a warranty, then you won’t have anything to worry (too much) about.

By: moderatemuse

moderatemuse — Mon, 17 Aug 2015 03:11:30 +0000

Financial Tour Guide Never-ending is probably the best description for home projects. Once one thing is fixed another thing pops up to take its place on the to-do list. It’s definitely a great idea to prioritize your to-do list by budget and necessity.

By: moderatemuse

moderatemuse — Mon, 17 Aug 2015 03:09:13 +0000

SimplySave Warranties really can be helpful. I’m glad yours worked out well for you in your first year!

By: moderatemuse

moderatemuse — Mon, 17 Aug 2015 03:08:27 +0000

Andrew LivingRichCheaply That’s fascinating, Andrew. I don’t have any experience with co-ops. That’s something I will definitely need to look into.

By: Chonce

Chonce — Tue, 11 Aug 2015 13:56:09 +0000

These are all great points to think about. I have not purchased a home yet but I’m planning on it in the future and what scares me the most is not getting approved or the mortgage, but the unexpected expenses.

By: Financial Tour Guide

Financial Tour Guide — Mon, 10 Aug 2015 21:47:46 +0000

At times home ownership can seem like never ending projects. We typically budget all of our pending projects individually and then prioritize them in a list. We tackle the most necessary projects first or the ones that will have the greatest return down the road.

By: SimplySave

SimplySave — Mon, 10 Aug 2015 16:02:04 +0000

I received a home warranty as part of my purchase and closing and I’m so glad I had it that first year. It gave me time to really beef up my emergency savings.