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  Home Ownership Tips

   
Home Maintenance Tips
Your home is your biggest investment. It pays to maintain it. Both to protect your home's value and to make it easier to sell when it comes time to move.

You can do many routine maintenance chores yourself. You may want to buy a how-to book on simple home maintenance and repairs. These books are great for giving you step-by-step instructions on the things you need to do to keep your home in tip-top shape.

Don't have the skills for a particular task? Then hire a professional. A skilled professional can save you umpteen trips to the home improvement store for tools, supplies and advice.

You may want to set up a budget for maintenance and unexpected repairs. Some experts recommend budgeting about 1% of the purchase price of your house each year to cover annual maintenance and repairs. You might want to set up a separate savings account to cover regular maintenance, emergency repairs, and large, periodic expenses. Make regular contributions to it with each paycheck.

Open and print this Home Maintenance Checklist from FannieMae to use as a guide for your maintenance activities.

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