A new home has its own fair share of new responsibilities. Odds are you knew a few of them already when you started looking for a home.
Now that you’re beginning to seriously search for your dream home, it’s important to know some of the other factors about owning a home that might be unexpected. Here are a few things you’ll want to keep in mind when you finally decide to close on a house.
Remember you’ll need to keep up with maintenance
As a renter in the past, you’ve most likely called a maintenance crew or your landlord to fix an issue with your apartment. Now that you’ll be a homeowner, it’s important to remember that those problems are now your own.
It isn’t enough to fix the problems as they arise, though. You’ll want to perform maintenance regularly to keep your home in good working condition. This can be hard to remember, especially if you’re used to paying attention to issues as they come up. As a homeowner, it’s your mission to keep these issues from coming up at all.
Don’t forget about your tax breaks
Homeowners are able to apply for tax breaks every year. Common deductions include property tax, mortgage interest, mortgage points, and interest on certain amounts of your home equity line.
It’s a good idea to talk to an accountant about navigating the newest deductions and laws, though. This is because tax breaks can vary every year.
Keep zoning in mind
When you’re looking for a home, it’s a good idea to know about the different zoning laws that exist around your property. You may be living in a residential zoning area, but you could be close to a commercial zone.
For some homeowners, this could be a deal breaker because they don’t want to live near a shopping center. For others, it can be great because plenty of businesses are right there.
Looking to buy a home in Texas?
It can be challenging to buy a home in Texas not only because the average homebuyer puts down 5% on theirs, but also because of the low housing supply and high competition. Fortunately, you can purchase a home that’s been newly constructed without fighting for a mortgage.
Camden Homes creates newly built homes for homebuyers just like you without the hassle of beating out the competition. To learn more about our newly built homes in Texas, contact Camden Homes today.