Results Realty Buzz: Quirky things about homeownership!

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Quirky things about homeownership!

So you are about ready to close on your houseTax time in Harris and Montgomery Counties.  Here are some quirky things about homeownership you might want to keep in mind.

Future taxes - Your taxes could and probably will go up next year.  If you bought a brand new home you can be assured that they will go up as the year you bought the home the taxes were taxed on raw land with unfinished construction.  Even if you bought a re-sale home there is a very good chance your taxes will go up.  Harris and Montgomery Counties are very good at re-assessing our values on a yearly basis and yes they almost always go up.  You will get the opportunity to contest them if you think you are being taxed unfairly.

Maintenance - There's really not much quirky about maintenance.  I'm just mentioning it because I see so many houses that are not maintained. Part of homeownership is maintaining your home.  This is ONGOING!!  Remember those houses you looked at that were not in great condition.  That is what happens if you don't keep on top of maintaining your home.  I have seen homes that were just a few years old that had not been maintained and they looked 10 years old because of it.  Surprises in real estate in Northwest Houston

Surprise Quirks - Don't be surprised if you find some quirky things once you get in to your home.  We built brand new and had the builder re-wire much of our house.  We move in and I go to turn on the light in the pantry to find out there is not a light to turn on.  The pantry was not wired for a light.  Who in their right mind builds a house and doesn't put a light in the pantry.  Almost everyone that I talk to has some little quirky thing they find out about their house once they move in, so don't be surprised if you find a surprise.

We are blessed to live in a country where home ownership is still affordable but it also comes with added responsibilities.  I hope you enjoy your new home but wanted to make you aware of a few quirks you might run into along the way.

 
Comment balloon 20 commentsMarchel Peterson • October 29 2007 01:17PM

Comments

Marchel--Good reminder that nothing is perfect...Hopefully the seller disclosed all of the quirks but sometimes they are so used to them they stop thinking of them as quirks of the home and they forget. All part of homeownership.
Posted by Teri Eckholm, REALTOR Serving Mpls/St Paul North & East Metro (Boardman Realty) over 10 years ago
Marchel - Just like a new car, there will be something you find.  Good post.
Posted by Candy Henthorne, Spring Texas Real Estate (Results Realty) over 10 years ago

Marchel,

I like to tell folks that a house isn't like a kid.  It will never go out to make its own way in life.

It will be like a perennial 16 year old in your life, standing there with its hand out for something...

Posted by Mike Jaquish, 919-880-2769 Cary, NC, Real Estate (Realty Arts) over 10 years ago
Teri, you are right, especially about the seller's not disclosing because they have just got use to the quirk, all part of home ownership.
Posted by Marchel Peterson, Spring TX Real Estate E-Pro (Results Realty) over 10 years ago
Candy, it is a lot like a new car, whether it be a new house or a used house they all have their quirks.
Posted by Marchel Peterson, Spring TX Real Estate E-Pro (Results Realty) over 10 years ago
Mike, I LOVE THAT!!  "a perennial 16 year old in your life, standing there with its hand out for something"!!  Oh SO TRUE!!!!!
Posted by Marchel Peterson, Spring TX Real Estate E-Pro (Results Realty) over 10 years ago
Marchel, sometimes at closing when everyone is happy, happy.........I'll ask the sellers to share with us some quarky things about the house. They usually do, it's fun.
Posted by Missy Caulk, Savvy Realtor - Ann Arbor Real Estate (Missy Caulk TEAM) over 10 years ago

Missy, I'll bet you have heard some funny stories.  We had a 1960's house when we lived in North Carolina and that house was always out to get us.  We were moving out  and busted a pipe in the crawl space and at this time we did not even own the home.  My husband had to fix the pipe in a snow storm.

Posted by Marchel Peterson, Spring TX Real Estate E-Pro (Results Realty) over 10 years ago
As always, I enjoy your posts.  All the comments reminds me of the old movie "The Money Pit"....  Yes there IS a lot of responsibility that goes with owning a home...but I don't ever want to be a renter again.
Posted by Kay Perry (Kay Perry, Broker) over 10 years ago
Marchel, it could be debatable that the best type of present-day lodgment is renting... after you factor in insurance, taxes, repairs, mortgage, etc....
Posted by Robert Monk, Florida Real Estate (100% Realty, Inc.) over 10 years ago
Marchel,           isn't it amazing how many things can go wrong and need fixing at the same time, never convenient.   I try to prepare first time homebuyers for such things but they are never really ready for the surprises.  That's why I tell them to have an emergency fund for when the unexpected happens.  Good post!
Posted by Ricki Eichler McCallum, Broker,GRI,ABR, - Your Coastal Bend Home Source (CastNet Realty) over 10 years ago
Marchel, I think maintenance is the big thing first time homebuyers overlook AND window treatments on new construction.
Posted by Gary Woltal, Assoc. Broker Realtor SFR Dallas Ft. Worth (Keller Williams Realty) over 10 years ago
Kay, I can't imagine renting.  We leased a car once and I hated it.  After 4 years I felt like I should own it and didn't.  After that experience we always buy our cars now.
Posted by Marchel Peterson, Spring TX Real Estate E-Pro (Results Realty) over 10 years ago
Ricki, the advice for having an emergency fund for the unexpected is great advice.  You just never know what can go wrong in homeownership; sometimes they are kind of quirky.
Posted by Marchel Peterson, Spring TX Real Estate E-Pro (Results Realty) over 10 years ago
Gary, I had not even thought about window treatments but that is a big expense.  When we bought new 10 years ago I ordered all my blinds on line.  I confused vertical and horizontal on two of the blinds and it was such a God thing the blinds that were supposed to go in my kids room instead fit my den and I had not ordered the den blinds yet.  How often could that happen!  That would have been an expensive mistake otherwise.
Posted by Marchel Peterson, Spring TX Real Estate E-Pro (Results Realty) over 10 years ago
Marchel, Very nice post! My daughter and her family recently purchased a home locally and it looked wonderful. Their first week in the house the heater went out, then the A/C (and yes they had to use both...you know Texas weather), they experienced a broken pipe in the living room that damaged the carpet, the girls took their first bath upstairs and when they let the plug out water poured through the livingroom ceiling causing damage to the ceiling and the carpet. I think there have been other opsies but thank goodness they had a good home warranty. Deb :-))
Posted by Deb Brooks (Brooks Prime Properties Wichita Falls Texas) over 10 years ago
Marchel, first time homeowners often forget about window treatments, lawn mowers, garbage cans, and fertilizer treatment to name a few things. They never had to worry about that in apartments. Property taxes can be a shock when you see the actual number in some states not to mention homeowner insurance.
Posted by Gary Woltal, Assoc. Broker Realtor SFR Dallas Ft. Worth (Keller Williams Realty) over 10 years ago
Too many people forget that uying the house is not the end of the financial commitment.  Maybe there will be some sort of bailout for those expenses, too. 
Posted by Lane Bailey, Realtor & Car Guy (Century 21 Results Realty) over 10 years ago
Lane, a bail out for home expenses, it sounds far fetched and I sure hope it never happens but in this day and age you never know.  Thanks for stopping by.
Posted by Marchel Peterson, Spring TX Real Estate E-Pro (Results Realty) over 10 years ago
Always there's a plan to raise our taxes, it doesn't matter who's in office.....
Posted by Robert Monk, Florida Real Estate (100% Realty, Inc.) over 10 years ago

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