What's Next? Post Homebuyer Checklist

Moving into a new home is both thrilling and overwhelming. After the whirlwind of unpacking and arranging furniture, many important steps can be easily overlooked. These tasks can help you feel more settled and ensure your home operates smoothly. This guide highlights essential actions to take post-move, including updating documents, checking home warranties, and arranging necessary services.

Add Anyone You Want to Your Deed

Adding someone to your property deed is one of the first important steps after your move, especially if you purchased the home with a partner or family member. This process ensures shared rights to the property.

File a new deed with your local county recorder's office to officially add their name. For example, if you and a partner buy a house together, both names should be on the deed to avoid any legal complications later. Seeking legal advice can help you navigate this process and understand the implications of shared ownership.

A family happily settled in their new home

Update Your Will to Include Your Home

Your new home is a significant asset and should be included in your estate plan. If you have a will, you must update it to specify what happens to your house after your passing.

If you do not have a will, now is the perfect time to create one. By naming beneficiaries and detailing how the home should be managed, you prevent potential disputes among heirs. Consulting with an estate planning attorney can simplify this update and ensure your assets are protected and distributed according to your wishes.

Check on Your Home Warranty

Many new homeowners receive a home warranty, which can cover repairs for appliances and critical home systems. It's vital to review the warranty details immediately.

For instance, if your warranty covers your HVAC system, be sure to understand the claim process and learn which services are included. Without this knowledge, you could face unexpected repair costs. If you didn’t get a warranty, consider purchasing one. Statistics show that homeowners can save an average of $300 to $500 each year on repairs if they have a home warranty.

File Homestead Exemption

Filing for a homestead exemption can lead to significant property tax savings. In some states, this can reduce your property taxes by 10% or more, making homeownership more affordable, especially during the first few years.

To qualify, you generally need to occupy the home as your primary residence. Research local requirements and file your application with your tax assessor's office. By acting on this quickly, you position yourself to benefit from these savings as soon as possible.

Sign Up for Trash Service

Efficient waste disposal is essential for a comfortable home. After moving in, check with your local municipality about waste management services available in your area.

Signing up for regular trash pickup is often necessary, and not doing so could lead to fines. Additionally, many municipalities offer curbside recycling services, helping you manage waste responsibly and reduce environmental impact. Make sure to gather information on both services to ensure you're fully set up for waste disposal.

Settle into Your New Life

The excitement of moving into your new home can distract you from important tasks that help maintain peace of mind. By following these steps, you can transition smoothly and ensure your home remains a comfortable sanctuary.

Adding names to the deed, updating your will, checking warranties, filing for homestead exemptions, and signing up for trash service all play crucial roles in protecting your investment and establishing stability. Embrace your new space, and take these steps to set the stage for a fulfilling life in your new home!

A cozy living room warmly decorated in a new home