Welcome to Homeownership!
Buying a home is an exciting milestone, but once the keys are in your hand, a new journey begins. The first few months come with emotions ranging from joy to occasional stress as you settle in, uncover new responsibilities, and adjust to your surroundings. The good news? You don’t have to navigate it alone. Your REALTOR® remains a valuable resource, and with the right expectations, you can smoothly transition into homeownership.
What to Expect in the First 30 Days of Homeownership
Your REALTOR® is Still a Valuable Resource
Even after closing, your REALTOR® can provide guidance. Need recommendations for a plumber, electrician, or handyman? Looking for insight on local schools, parks, or services? Your REALTOR® has the knowledge and connections to help. Don’t hesitate to reach out!
Start Paying Your Mortgage
Your first mortgage payment is typically due a month after closing, but if you closed mid-month, you might have already paid a partial interest payment at closing. Be sure to check your lender’s payment schedule and set up automatic payments to avoid any issues.
Discovering Your New Neighbourhood
Once you’ve moved in, take some time to explore. Find the best coffee shop, grocery store, and essential services nearby. Pay attention to local traffic patterns and your commute to work or school—these details will help you settle into daily routines.
Noticing Necessary Repairs
Small issues that weren’t obvious during viewings may now become apparent. You might notice a loose cabinet handle, a drafty window, or a noisy HVAC system. These are common discoveries—make a list and tackle them over time.
Unexpected Expenses
Even if your home is move-in ready, you’ll likely find yourself making a few unplanned purchases. Whether it’s new curtains, updated light fixtures, or furniture that better fits the space, budgeting for these changes is essential.
Learning Community Rules
If you’ve moved into a condo or a neighbourhood with an HOA, be sure to familiarize yourself with the rules. Garbage pickup schedules, street parking regulations, and pet policies are all details worth noting. Keeping a homeowner’s journal can help track important information.
What to Expect in the First 60 Days of Homeownership
Managing Monthly Bills
Aside from your mortgage, other expenses will start rolling in, including property taxes, utilities, and home insurance. If you haven’t already, set up automated payments to keep everything on track.
Meeting the Neighbours
Now that you’ve had some time to settle in, take the opportunity to introduce yourself to neighbours. Whether it’s through a casual chat while walking the dog or a local community event, forming connections will help you feel more at home.
Identifying Additional Home Issues
As you spend more time in your home, you may notice issues with appliances, HVAC systems, or plumbing that weren’t immediately obvious. Your REALTOR® can recommend trusted professionals to help with repairs or inspections.
What to Expect in the First 90 Days and Beyond
Settling In
Unpacking, organizing, and making the space your own is an ongoing process. Some days, it will feel like everything is coming together perfectly; other days, you’ll wonder where all your storage space went! Remember, it takes time to feel fully at home.
Making Décor and Renovation Decisions
Once you’ve lived in the space for a while, you’ll have a better idea of how you want it to look and function. You might rearrange furniture, update paint colors, or start thinking about larger renovations like a new deck or kitchen remodel.
Seasonal Maintenance Considerations
As the seasons change, new responsibilities arise. You might need a snowblower for winter or an air conditioner tune-up for summer. Regular home maintenance—like cleaning gutters, servicing the furnace, and keeping up with landscaping—becomes part of your routine.
Embracing the Homeownership Journey
Owning a home is more than just a one-time purchase—it’s an ongoing process of adjustment and growth. The first few months will come with challenges, but they also bring a sense of accomplishment and pride. Take your time, celebrate progress, and remember that your REALTOR® is always available to provide guidance when needed.
Looking for more homeowner tips or advice? Reach out to our team—we’re here to help you make the most of your new home!