Mistakes to avoid as a first-time homeowner

by Tony Carter, Realtor® 07/16/2023

new homeowner mistakes to avoid article featured image two people sitting on covered furniture with laptop and mugs boxes in the background

Becoming a first-time homeowner is challenging yet rewarding. You made it through the realtors, negotiations and paperwork, and now you can finally call the space you’ve been working hard for your own. 

As you transform your new house into a home, knowing the right steps to solidify your stay is essential for a great time in your new place. 

Don’t pay too much for certain home renovations

Settling into your home first before starting major home renovations gives you time to determine which repairs are a priority. 

It also gives you time to find great deals on contractors and materials to start your project. Spending too much money on knee-jerk renovations can take away from home repairs needing to be done sooner. 

Remember additional expenses

After purchasing your home, budget finances for additional costs of living. Keeping track of these expenses helps you to budget finances in preparation of these additional expenses.

These include property taxes, utilities, repair costs and more. If you took out a mortgage loan, your loan provider may require you to purchase homeowners insurance. It’s an extra monthly expense, but it serves to protect your personal property.

Use home DIY carefully 

An occasional dose of a good DIY project is fun and encourages creativity. However, some projects are best left to the professionals. 

For example, if you notice a leak under your kitchen sink, wrapping the pipes with tape may seem like a good solution to resolve the problem. However, this fix is temporary and may result in additional issues down the road. Getting professional help can solve the problem fast and prevent additional damages. 

After you settle into your new home, it’s important to take a moment to breathe. Figuring out your budget and choosing your projects carefully, you’ll avoid some of the most common issues new homeowners face.

About the Author

Tony Carter, Realtor®

My wife, Cindy and I, moved to Florida 9 years ago from Wisconsin, where we were born and raised. I proudly served in the United States Air Force and was stationed overseas and in The Gulf War. Became a member of The American Legion and a lifetime member of Veterans of Foreign Wars (VFW). After, the Military, I got into the retail business for the last 25 years. During my last position, in the retail. I was second-in-charge of a 125 million dollar a year business. Thatis where I developed my passion for customer service and taking care of the customer. With that passion, I became a full-time licensed Realtor in the state of Florida. I understand that real estate is not just a transaction but an important personal decision, a decision that may need guidance. I am here to answer any questions and guide you and your family through the process. Whether buying for the first time. Purchasing a condo, single-family home, investment property or a time-share on the beach. I am the exclusive Realtor for the Mariner Beach Club in St Pete Beach, Florida and for the Island Gulf Resort in Madeira Beach, Florida. Please feel free to contact me with your real estate needs directly at cell 262-894-8135 or via e-mail at [email protected] or website; www.TonyCarterRealEstate.com. Timeshare on St. Pete Beach, Florida. www.TonyCarterRealtor.com. Video of the Mariner Beach Club, St. Pete Beach, Florida. www.imagemaker360.com/141537. Website to the timeshare at Madeira Beach, Florida. www.IslandGulfResortFlorida.com