Two months in and you are rocking it.  

Let’s check some updates to your progress:

  • First Mortgage payment made on-time?                                                 Great!                                  

  • Enrolled in an ACH?                                                                                    Even better!               

  • Avoiding common mistakes most homeowners make?                          Let's take a look:

There’s more to being a homeowner than making timely payments.  A big item on that list is avoiding COMMON mistakes that can wreak havoc on your budget and home itself.  Things such as ignoring small problems that will eventually become big problems; furnishing your whole house by way of borrowed credit; or even rushing your interior décor AND leaving your outside unattended

Here are some of the most common mistakes to avoid:

Storing Household Goods in the Attic and Garage
Garage and attic trusses are designed to support the weight of the roof and ceiling and not much else. But many homeowners view this space as perfect for extra storage. Adding too much weight, however, might result in sagging or even a collapse of the roof structure. If you want to use this space for storage, consult a structural engineer in advance to see if additional reinforcements are needed.

Altering Finished Grades
Perhaps you want to add a patio or walkway — or some additional trees or landscaping — to your new home. In doing so, you might disrupt the drainage system around your home and cause water to flow back toward the house.

Allowing Sprinkler Heads to Spray Against the Home
Sprinkler heads that spray against your house can lead to rotted walls, leaching of color from the exterior walls or even movement of the foundation. Direct all sprinkler heads away from the home — and check them regularly to make sure they haven’t turned.

Failing to Use Bathroom and Laundry Vent Fans
Bathrooms and laundry rooms typically have high humidity. Fans should always be used in these rooms to avoid getting water vapor into your drywall, electrical outlets and framing.

Walking on the Roof
Not only is walking on the roof dangerous, but untrained persons can break or scuff the roof covering and cause roof leaks. Gutter maintenance should always be done from a ladder, not the top of the roof. Many residential warranties exclude damage resulting from unauthorized persons walking on a roof. 

Overloading Upper Kitchen Cabinets
Lower cabinets rest on the floor, but upper kitchen cabinets are hung from the walls. While it might be tempting to store extra sets of dishes in upper cabinets, this added weight could load the cabinet beyond its capacity and lead to sagging shelves or even detachment of the cabinet from the wall.

©2018 Soldier On & Money Management International