Seven Steps to a Successful First Year of Chicago Home Ownership

May 12, 2013

Tips for Chicago homeownersFrom the euphoria of owning your own place to anxiety over just how much maintenance will your new home will need, becoming a first-time homeowner in Chicago brings out a range of emotions. Luckily, BrightNest has compiled a list of the top seven things to do in your first year of home ownership.

  1. Form Habits: Detecting problems early can be the difference between a quick fix and a financial nightmare. Make sure that you are inspecting your home early and often for any potential problems.
  2. Prepare: Things will break. From your hot water heater or dishwasher to a window or door, everything is susceptible to breaking. Make sure you’re prepared to replace these items when the time comes by setting aside money just for these unexpected problems.
  3. Keep Records: Every repair or improvement you make around the home increases its resale value. Have your hard work pay off by keeping a record of what you’ve done from day one.
  4. Get Credit: Making energy-efficient improvements to your home is just one of the many ways you can benefit from tax credits related to owning a new home.
  5. Insure: Your home will be the biggest purchase of your lifetime, so make sure you protect it with the proper insurance.
  6. Getting to Know You: Just like a car or television, appliances have a life expectancy. Make it a point to figure out how old the appliances in your home are, so that you can plan ahead for replacing them.
  7. Filter: Save yourself money and keep your air fresh by replacing your furnace filter regularly. To make remembering to do this chore easier, go ahead and buy filters in bulk, so that you aren’t rushing to the store every few months.

These seven steps are just the start to everything that goes into Chicago new home ownership, for more important tasks to tackle, check out the BrightNest New Homeowner Guide.

About The Author

Read All Stories By Mitch Levinson

Mitch Levinson is the author of “Internet Marketing: The Key to Increased New Home Sales” published by BuilderBooks. He is an Internet marketing expert with expertise in search engine optimization, website development, email marketing, social media and CRM consulting services. He is known for creating effective programs that can be tracked through analytics to prove effectiveness and ROI. Mitch is founder and president of MLC New Home Marketing and MLC FlatFee Realty, as well as managing partner of mRELEVANCE, LLC, a Marketing, Communication, Interactive agency with offices in Chicago and Atlanta. He currently leads the Chicago team. A Multi-Million Dollar Sales Producer who earned an MBA in Computer Information Systems and eCommerce, he brings a unique perspective and experience to the field of real estate communications. Mitch combines the two interests in order to help home builders and developers gain a competitive advantage through the Internet and technology. When he isn’t behind a computer, he enjoys participating in sports and coaching his kids’ teams. Mitch resides in Arlington Heights, Ill., a northwest suburb of Chicago, with his family, which includes two rambunctious labs. Visit my Google+ profile.

Leave a Comment