""Your life has now to be balanced with being the head maintenance person of your house," said home repair expert and social media darling Mercury Stardust, who is the Wisconsin-based author of " Safe and Sound: A Renter-Friendly Guide to Home Repair" and host of the " Handy Ma'am Hotline " podcast."
""The last thing you want to do is put yourself in a situation where you have your hands tied behind your back," Stardust said."
Homeownership immediately brings ongoing maintenance responsibilities that demand time and attention. New homeowners should establish a yearly maintenance budget equal to 1–5% of home value to cover repairs and improvements. For a $600,000 home, that equates to $6,000–$30,000. Prioritize building an emergency repair fund so routine and unexpected costs do not cause financial strain. Unspent maintenance funds can roll forward to the next year or be allocated to durable purchases such as a snowblower or lawn mower. Early organization — budgets, binders, and documented repair plans — helps create a sustainable blueprint for subsequent years of ownership.
Read at Boston.com
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