Dave Ratti
888-200-9443
Your Steps to Home Ownership
9. What's Next?
You've done it. You've looked at properties, made an offer, obtained financing and gone to closing. The home is yours. Is there any more to the home buying process?
Those papers you received at settlement are extremely valuable, so hold on to them! In the short-term they can help establish tax deductions for the year in which the property was purchased. In the future, such papers will be important for tax purposes when the property is sold, and in some cases, for calculating estate taxes.
Moving in
It is generally understood that sellers will leave homes "broom clean" when
moving out. This expression does not mean "vacuumed" or "spotless." Broom clean
makes sense because it means the house is ready to be painted and cleaned.
Your Home, Your Money
For most owners a home is the largest single asset they hold, so it makes sense
to protect that asset. Many owners make a photo or video record of the home and
their possessions for insurance purposes and then keep the records in a safety
deposit box. Your insurance provider can recommend what to photograph and how to
secure it.
You want to maintain fire, theft and liability insurance. As the value of your property increases such coverage should also rise. Again, speak with your insurance professional for details.
Lastly, if we've done a good job, right now you're smiling. If that is the case, please tell anyone in your area of influence of our services - that's how we make a living!
Enjoy your home!