The Joys of Homeownership - And How to Keep Them That Way

by Tricia Cyr 04/12/2020

Photo by Andy Dean Photography via Shutterstock

The phrase “the joys of homeownership” is a staple in most households. But sometimes, you think you hear a snicker behind the smile. Now that you’re finally ready to become an owner, you might be wondering if that term is truthful or sarcastic. The answer is “Both.”

How can it be both?

No doubt about it, buying a home and making it yours is a fantastic achievement. Taking on part of the American dream builds your confidence, creates community stability and sets your household’s future on a positive trajectory. However, a home can also become an albatross. That could be what happens when you blindly purchase a home without an upfront and thorough inspection. Even a home that a relative or friend sells to you needs a professional home inspector to give you a baseline of what maintenance and repairs it may need.

How do you stay "joyful?"

  • Insist on a home inspection. As mentioned earlier, even if someone you know sells you the home, paying for an inspector to report on what’s up with the home’s major systems means you can plan for your future. If the inspection says the roof needs replacing in five years, you can factor that into your budget and not be surprised or upset when, in five years, you need a new roof.
  • Ask for a warranty. As part of the negotiations, have your agent request a home warranty for at least a year. You may even opt for renewal after that year. Get a warranty that covers problems with major systems such as the electrical panel and wiring, plumbing, water heater, HVAC and sprinkler systems. The cost to the seller is typically low, and helps maintain peace of mind when things start to get a little worn.
  • Stay on top of maintenance. If you’re handy, this is your moment to shine. Get a list of the most common maintenance issues in a home and schedule it into your free time. These include monitoring for water leaks, changing air conditioning and furnace filters and clearing out the gutters and downspouts before the winter weather wreaks havoc. If you’re not the do-it-yourself type, then ask your agent to recommend someone to keep an eye on things for you so that they don’t turn into major problems.

Is homeownership a reason for joy? Of course. But don’t let unexpected expenses and maintenance issues dim your happiness. Ask your agent about home inspections, warranties and repair contractor referrals.

About the Author
Author

Tricia Cyr

Tricia Cyr is the owner /broker of CYR Real Estate, a Connecticut real estate company that has been in business for 27 years. After working for a small real estate firm located in Branford, she decided to start her own real estate company. Not only has she been actively selling real estate on the Connecticut shoreline for over 27 years, but she is also a lifetime resident of the shoreline. "I am a full-time real estate broker who knows what it takes to get the job done, allowing you to have complete confidence that you will be well represented. I give personal attention, always keeping myself accessible. I return my phone calls promptly.” 

Tricia is energetic, efficient, honest, dependable and always working with your best interest in mind. Offering the highest quality of service and will make your real estate experience a pleasant one. Cyr Real Estate has been generating repeat clients and personal referrals for 27 years. We use all the latest technology & tools to successfully market all our properties. If you are interested in buying or selling a home, or if you need help with property management, please consider Cyr Real Estate 203-481-6638 New Haven Middlesex Association of Realtors | Connecticut Association of Realtors National Association of Realtors | Shoreline Chamber of Commerce.