Tips on Keeping Your Physical and Financial Toolboxes Stocked After Purchasing a Home

by Lili Patch 03/10/2021


 Photo by Davie Bicker via Pixabay

There are plenty of maintenance concerns to think about when owning a home. Once you’ve completed your purchase and settled in comfortably, it’s important to remember that there will be no landlord to come around and fix those leaky faucets. You’ll need to either fix them yourself or pay to have a professional tackle the job.

Protecting Your Investment: Which Tools Do Homeowners Need?

Physical Tools

1. Claw Hammer

The claw hammer is a classic everyday tool for good reason. With a flat die that is perfect for pounding and a second side featuring a V-shaped notch for extracting nails and other household items from wall or wood safely.

2. Manual Screwdriver Set

Investing in a manual screwdriver set makes it easy to assemble furniture, tighten cabinet doors, remove light switch covers and so much more. Look for a set with multiple blade tips and sizes to get the most from your kit.

3. Cordless Drill

While slightly more expensive than other household tools, a cordless drill will come in very handy over the years. Whether you need to hang a new art piece securely or it’s time to drill a few bolts for your new flat-screen TV, a battery-powered drill will help you get the task done quickly and efficiently.

Financial Tools

1. HomeBudget App

When purchasing a new home, you’ll likely find that the spending doesn’t slow down for quite some time after all the necessary paperwork is completed. With this handy app, you can enter your spending directly after each purchase and share it with other authorized users in your household to keep track of your budget.

2. FileThis

You’re also likely to have a huge amount of important paperwork to keep track of after closing on your new home. If you’re the type of person who struggles to organize your ever-growing stack of financial paperwork, this tool can help. Essentially, this tool works as a digital filing cabinet, logging and organizing your paperwork in a user-friendly system that works.

3. Puddle

Feeling a little cash-strapped after the move? Puddle makes it easy for users to borrow and lend money with friends or loved ones via small, short-term loans. Whether you need extra cash to paint the living room or you want to invest in a home security system, Puddle is designed to help you manage personal loans for a period between 3 and 6 months.

Enjoy Your New Home

You never know what kind of twists and turns life can throw at you after becoming a homeowner. In the event of an emergency, it’s best to have a fully stocked physical and financial toolbox to help keep your life and finances on track.

About the Author
Author

Lili Patch

Radio Personality turned Realtor; I welcome the opportunity to turn house selling and house hunting into a fun and educated experience. House buying should feel like you're shopping with a friend, and I will keep you in the loop the entire time so you will not be wondering what you just signed or what happens next. It's that seamless, and we may even have lunch or dinner. I do this because when I started my real estate journey on the east coast, buying my first condo at the age of 18, I was clueless. I wished I had someone who had made that a stress free transaction- but it wasn't, and thats how I got the Real Estate bug. Let's take a step back first though to my first "job", I studied communications and entered the broadcasting industry. Through the years I purchased some more properties, and felt there was a gap that needed to be filled in the Real Estate profession. I set the bar very high on skill set & customer service. I have Real Estate Licenses in 4 states, which means I have more education, and training than most agents. My level of knowledge, strategy and experience is what sets me apart. I know how important being an astute negotiator is, being relentless, and answering the phone when it rings. I have earned certifications as a Seller Representative Specialist (SRS), a Certified Home Marketing specialist (CHMS), and a Pricing Strategy Advisor (PSA).

Meeting with people and traveling both east coast and west coast has given me a broad appreciation of the different laws, protections, and scenario's you encounter in real estate. Having the benefit of my communication background coupled with the vast knowledge of multi-state experience has been the backbone of my success.