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(#2) They Didn't Change Their Locks
From Redditor /u/Knuckledraggr:
Change the locks in your house. Came home to a neighbor in my house a week after we moved in. The previous owners had let him have a spare key and never taken it back. After the police came and we made sure he hadn’t taken anything, I told him to never come back.
He has since proved himself to be a pretty decent neighbor but I will never ever ever ever ever trust him and we have a much beefier security system in place now.
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(#8) They Didn't Flush Their Hot Water Heater
From Redditor /u/EQRLZ:
A hot water heater needs to be flushed every 12 months.
This was a $3000 lesson for me.
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(#3) They Didn't Think About Tree Maintenance
From Redditor /u/Kelcak:
Budget around 1k a year for tree maintenance. The cost of tree maintenance can go up significantly as they get taller, so something that may have cost 1k right now might cost 10k three years from now.
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(#11) They Didn't Notice A Leaking Water Heater
From Redditor /u/25happygirl101:
Thoroughly clean your house and keep up with external cleanliness. Why? It's amazing how fast you can catch minor repairs while cleaning. With my old house I failed to notice the leaking water heater because we didn't clean the garage, or the fence and retaining wall that was rotting, or the water stains that were forming around our ceiling (roof leak) and under the basins, or when the floor began to bubble... you get the picture.
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(#6) They Didn't Keep Track Of Escrow
From Redditor /u/AlexTakeTwo:
Once you are in contract/closed, stay on top of your escrow, people. I just finished buying my first house, and other than the seller being totally checked out, the process was pretty smooth from start to finish. Except escrow, OMG. I had to chase down receipts for my payments, double check their numbers, make them stop pushing and let me read the papers I was signing.
Then after closing, I found out that not only did they "forget" to notify my new HOA property management that I'd closed, but 6 weeks after closing I got a notice my homeowner's insurance was about to be cancelled because escrow sent the check, it got returned as a "bad address" and they... did nothing. Didn't notify me, or my real estate agent, or anyone at all involved in the transaction. Fortunately, my mortgage broker is awesome, and so they are chasing down escrow to fix the insurance.
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(#5) They Didn't Think Through A Renovation
From Redditor /u/Spr4ck:
I once did a renovation on a house that was built in 1894. The owner greatly miscalculated how much work it would take to renovate it after he dropped the first drywalled ceiling only to find 2 more drywall ceilings above it, then 2 layers of plaster and lathe including the original. All told we took about... 20 yard bins worth of demolition waste out of his house.
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About This Tool
In the competitive real estate market, it may be a daunting task to be able to buy the most ideal house. Buying a house is a major event, and buying a house for the first time will inevitably make people so excited that they ignore many issues that will affect your cost of living and quality of life in the future.
If first-time homeowners try to stay calm during the house search and try to avoid making mistakes, the time it takes to find a satisfactory house may be longer, but it is well worth it. The random tool shares 11 big mistakes that most first-time homeowners would make.
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