Ep. 33 - So You Bought a House...Now What?
Ep. 33 - So You Bought a House…Now What?
Keywords
homeownership, real estate, homestead exemption, maintenance, insurance, financial planning, utilities, property taxes, homeowner tips, buying a house
Summary
In this episode of the RE Real Estate Podcast, hosts Clint C. Galliano and Ben Harang discuss the essential steps and considerations for new homeowners after purchasing a house. They cover topics such as the transition from being a tenant to an owner, the importance of the homestead exemption, making changes to the home, managing insurance and utilities, preventative maintenance, and financial planning for future expenses. The conversation emphasizes the long-term benefits of homeownership and the importance of being proactive in managing a property.
Takeaways
· Homeownership brings new responsibilities compared to renting.
· Changing locks after buying a house is crucial for security.
· The homestead exemption can significantly reduce property taxes.
· It's important to live in a house before making major changes.
· Notify your mortgage company about any changes in insurance.
· Preventative maintenance can save homeowners from costly repairs.
· Setting aside funds for home repairs is a smart financial strategy.
· Regularly changing air filters is essential for HVAC maintenance.
· Understanding the long-term benefits of homeownership is vital.
· Paying extra on your mortgage can significantly reduce the loan term.
Sound bites
"You might get it."
"It's a big deal."
"Life gets in the way."
Chapters
00:00 Introduction to Homeownership
00:52 The Transition from Tenant to Homeowner
03:24 Understanding Homestead Exemptions
06:02 Making Smart Improvements
08:41 Insurance Responsibilities
11:11 Preventative Maintenance Essentials
13:52 Financial Planning for Homeowners
16:38 The Importance of Home Maintenance
18:30 Conclusion and Final Thoughts
Hosts
Ben Harang, REALTOR® La.
License #: 36589
Keller Williams Realty Bayou Partners
Mobile: 985.859.2500
Office: 985.262.4400
benharang.com
Clint C. Galliano, REALTOR®
La. License #: 995704723
Keller Williams Realty Bayou Partners
Mobile: 985.647.4479
Office: 985.262.4400
clintcgallianorealtor.com
Produced by Clint Galliano
Creators and Guests
Host
Ben Harang
Ben Harang brings over 30 years of experience as a licensed agent and currently works with Keller Williams Realty Bayou Partners. Ben’s experience includes single family residential sales, large land sales, subdivision development, building new construction residential and commercial projects and selling REO/Foreclosed properties.
Host
Clint C. Galliano
Clint Galliano, who’s been an agent since 2020 & an investor since 2008, also with Keller Williams Realty Bayou Partners. Clint’s experience includes residential sales, residential rentals, property management, and various avenues of investing.
