Wake Up From Home Maintenance Nightmares

House-Chispa MagazineThere are a lot of benefits that come with owning a property. First, by purchasing a home, you can put money into improving it, increasing the value, transforming it into a solid investment. You can also take comfort in knowing that you will always have capital to fall back on, no matter what type of situation you find yourself in.

However, there are also downsides to owning property, and one of these is definitely maintenance. When you rent a flat, or apartment or house, any maintenance is handled by the landlord. This limits the cost for the tenant dramatically and helps them avoid any unexpected heavy costs. Assuming, of course, they didn’t cause the damage through their own actions. If that’s the case, they may be asked to pay the price or contribute extra for the rent. Generally speaking, though maintenance is the responsibility of the landlord.

This can come as a nasty shock to homeowners living on their property during the first year. Particularly, if something like the boiler breaks down. Repairing the boiler can cost a few hundred, but replacing it? That could cost nearly ten grand! That’s an expense that you can never fully prepare for.

This is why the first piece of advice to  avoid the maintenance nightmare is to make sure you get regular inspections for your property. You should pay particular attention to troublesome, expensive areas like the boiler. By keeping a check, you can avoid needing a full replacement, and these can be arranged annually. There are a few more options to consider as well.

DIY Options?
If you do need to repair part of your home, you can consider DIYing the job. For instance, you might find that you have mold developing in the bathroom. Catch it early, and this isn’t going to be a major problem. It’s also easy to get rid of with some antibacterial spray. However, even for small problem like this, it might be worth calling in the experts. They won’t just remove the mold that’s already there. They’ll show you how to change the room so that it doesn’t grow back again and that’s what you really need in this type of situation.

You might also find that DIY doesn’t fully fix the problem. For instance, you may find that you have a bug infestation in your home which is quite a nasty repair. But it does look surprisingly easy to deal with, particularly if it’s spiders and you know where the nest is. You might decide to get rid of the nest and then kill any remaining creepy crawlies. However, extermination experts will tell you that removing spiders is far more difficult than it seems. If eliminated the wrong way they can drop eggs resulting in a larger problem in the future.

Handling Costs
We’ve already mentioned that there’s no way to prepare for heavy costs, but there might be a way to deal with them once they arrive. For instance, you can get a cash advance online that will mean you can get an instant fix for your home. When applying online for a cash advance, make sure you read the terms and conditions carefully. You don’t want to get caught in the situation where you borrow a small amount and are tied down to a large level of interest.

Another way to handle costs is to save up a rainy day fund. You should have this ready as soon as you buy a home because you might find it needs repairs as soon as you move in. A rainy day fund should be separate from your savings and hopefully kept in a high-interest account. That way, you can make some money to use without even trying. A rainy day fund can be anything up to five grand, depending on the type of repairs that you might be preparing for.

Investigate Insurance
Finally, you should look into your insurance coverage. Find out what repairs will and won’t be covered on your property. That way, you’ll be able to dodge that disaster of a large repair that must be paid directly out of your pocket. At the very least, the right insurance coverage could soften the blow and help you avoid an unaffordable bill.

Don’t forget, you might find insurance costs are higher depending on the location of your property. A basic example? If your home is an area prone to levels of high rainfall you can bet coverage for damage from flooding will be at an extortionate level.

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Mia Guerra

Mia Guerra

Executive Editor at Chispa Magazine
Executive Editor at Chispa Magazine, Mia Guerra is a writer at heart. Regardless the topic, she loves to investigate, encourage, and ruminate on topics that can make us better people. Aiming to live a Proverbs 31 life, Mia is ecstatic to be following her calling with Chispa. At home she is her husband's sidekick and together they are raising a God-fearing family in Atlanta.

Mia Guerra

Executive Editor at Chispa Magazine, Mia Guerra is a writer at heart. Regardless the topic, she loves to investigate, encourage, and ruminate on topics that can make us better people. Aiming to live a Proverbs 31 life, Mia is ecstatic to be following her calling with Chispa. At home she is her husband's sidekick and together they are raising a God-fearing family in Atlanta.