What should you not do after buying a house in Ocala, Florida? If you’ve just bought a new home, you aren’t quite done with the home-buying process. There are some final steps you’ll need to ensure a smooth transition into your new home.

In this post, our team at Your Home Sold Guaranteed Realty - Coldwell Real Estate Services will discuss what to do in the post-purchase phase and common pitfalls you should avoid.

Key Takeaways:

• It’s a good idea to sit down after you move into your home and create a new budget for furniture and renovations.
• While your home already went through a home inspection as part of the buying process, it’s important to keep some savings ready for issues that could appear in the future. 
• One of the first steps you should take right after moving in is changing the locks on all points of entry in your new home. 

What Should You Not Do After Buying a House?

Don’t Let Go of Your Budget

After you buy your new home, you may be tempted to purchase new furniture and decor, or make some improvements and renovations. However, it’s still important to maintain a budget even after you buy a home. For this reason, it’s a good idea to sit down after you move into your home and create a new budget for furniture and renovations. Through careful planning, you can avoid straining your finances and focus on buying items that are practical and essential.

Don’t Neglect Regular Maintenance

Maintenance and home improvements are an ongoing expense for every homeowner. While your home already went through a home inspection as part of the buying process, it’s important to keep some savings ready for issues that could appear in the future. If you purchased the home knowing it needed some small repairs, don’t procrastinate on addressing them. Stay proactive by creating a maintenance schedule and fixing problems quickly to avoid costly repairs down the line.

Don’t Keep the Same Locks

One of the first steps you should take right after moving in is changing the locks on all points of entry in your new home. You can’t be sure who the previous homeowner shared keys with, so it’s a good safety precaution to change all the locks as soon as you can. This is another expense that you should budget for as part of the home-buying process.

Don’t Forget to Update Your New Address

After you’ve moved in, you’ll need to make sure your new address is updated with some key service providers. First, make sure you’ve updated your gas and electricity providers with your new address. If you’ve moved to an entirely new state, make sure you’ve canceled your accounts at the old address. In addition, you’ll need to update your address with your phone, cable, and internet services, as well as your bank and the USPS.

Don’t Skip Insurance Coverage

Home insurance is typically required by a majority of lenders before issuing your loan. However, depending on where you live you might want to consider additional coverage for natural disasters like floods, hurricanes, and wildfires. Review your homeowner’s insurance policy carefully to understand what is covered and what isn’t, and whether you could benefit from a stronger policy.

Don’t Overlook Your Neighborhood Association

If your new home is located in a neighborhood with a homeowners association (HOA), be sure to familiarize yourself with its rules and regulations. Failure to comply with HOA rules can result in fines or other penalties, so it’s essential to understand your responsibilities as a homeowner in the community.

Our Team Makes it Risk-Free to Buy a Home in Ocala

By avoiding these common pitfalls, you can enjoy a smooth transition into your new home. Of course, finding the right home in the first place is only possible when you work with an experienced realtor.

If you’re looking for the top realtor in Ocala and all of North Central Florida, look no further than Scott Coldwell and Your Home Sold Guaranteed Realty - Coldwell Real Estate Services.  Working with us is a unique experience compared to other realtors because we offer unique buyer guarantees that make the process risk-free. 

This includes our Buy it Back Guarantee, which gives you the option to return your home in the event you’re unsatisfied with it for any reason. To learn more about working with Your Home Sold Guaranteed Realty - Coldwell Real Estate Services to buy a house in Ocala or the surrounding areas, call 352-290-3512, or fill out the form on this page.

To Discuss Your Home Sale or Purchase, Call or Text Today and Start Packing!