Buy a first home is exciting and an important milestone for many people. You’ve suffered through many dinners of rice and beans and now you finally have enough for a down payment. Now that you have found your dream home, there are hidden costs that you need to prepare for. Here are five expensive repairs you should save extra money in your bank account for.
Roof Repairs
Replacing a roof costs time and a lot of money. Severe damage to a roof does not occur overnight. That is why it is important to maintain a working gutter so that water can be drained effectively. The roof should be inspected routinely to look for any small leaks that can be repaired. One example if a professional roofing company is Stevens Roofing Corporation. Such professional roofing contractors can repair roofs and unclog gutters.
Asbestos Removal
Asbestos is dangerous because it can cause lung damage and even lead to lung cancer. In older homes, asbestos was often used for insulation and flooring. If your home was built before 1980, it is important to hire a professional to remove any asbestos before you renovate. Construction can expose the asbestos in the air.
Termite Removal
Termites can cause major damage to wood. They can undermine the structure of your walls and flooring. In severe cases, roofs and floors can collapse and can be life-threatening. Contact a professional termite exterminator immediately if you suspect termite infestation.
Heating, Ventilation, and Air Conditioning Repairs
HVAC repairs are costly. To avoid major issues, it is important to inspect and change air filters every one to three months. A professional HVAC technician should perform maintenance at least once a year, preferably once in the spring to check air condition, and once in the fall to check the furnace.
Sewer Pipe Issues
If you have trees growing in your front or back yard, you are at a greater risk of having damage to the sewer pipes that run beneath the ground. A broken pipe requires immediate repair to prevent massive water leak. A professional sewer and drain contractor should be called immediately to replace any broken pipes. Yearly maintenance by a contractor should be done to avoid broken pipes.
Once you have done your research on how much these repairs will cost in your area, start building up a cash reserve. You never know when you will need to make these repairs. The best way to avoid a big expense is to check for and fix any damages before they gets worse. Ask friends and family for recommendations on a reliable and affordable contractor to perform routine inspections and maintenance. Take care of your home and you will feel welcomed every time you step in the door. Your pocketbook will thank you, too.
