After completing your home search, making an offer, and accepting the terms you are now on your way to becoming a homeowner. Owning a home is a major financial task and with it comes a number of responsibilities. Some of these include making your mortgage payments on time, planning and managing the operation costs of the home, saving for emergencies, living within your budget, and maintaining your home. It is also important to go over home safety which includes: fire evacuation plan, fire extinguishers, smoke alarms, and carbon monoxide detectors. You should also take security measures like eliminating fire hazards, protecting your valuables, and keeping emergency numbers.
If you are planning to renovate or make any changes to your home it is important to remember that though you want your home to meet your needs and personality, any changes must be appealing to another buyer later on. The most appealing things to buyers are the bathrooms and kitchen so updating these areas could increase your resale value. Landscaping is another factor that could be personalized to you and potentially also increase the value of the home. Other ways to appeal future buyers include: new roof, resurfaced driveway and walkways, new windows, new garage doors, and new front door. Upgrades like these will save the next buyer from having to do them and make the home more appealing, while also allowing you to enjoy them.
Have you sold your home, and now can use an advance on your equity before closing day, perhaps you need money for renovations? Tembo Financial can help! Tembo offers this unique service to homeowners in Ontario and the GTA. You could receive your money in as little as 48 hours with no credit check and no appraisal* for expenses that matter to you. Don’t wait, start today!
*Subject to qualification.