By: Erik Taylor

New Year’s Resolutions For Homeowners

Tags: New Year’s Resolutions For Homeowners, Real Estate year 2020, Market Value, Spring Market Milton Ontario, Declutter Tips, Homeowner tips, Mississauga Realtors, Milton Real Estate, Energy Efficient homes, Sell my home today, Top Realtors, Milton Realtors, Remax Agents, Experience Real Estate Agent,

 

 
2020 Ideas for resolutions include:

 

Start growing an emergency fund for repairs?

How old is your roof? What about your hot water heater? Sit down and make a list of anything that will eventually need to be repaired or replaced and figure out how much you’ll need to budget for it. Even if your roof is supposed to last another 15 years, setting a small budget so you can start saving for those big upkeep costs will prevent nasty surprises.

 

Making energy-efficient swaps and fixes

Unplug Your Electronics When Not In Use, Clean Your Air Filters, Upgrade To Energy Efficient Appliances, Get. A Programmable Thermostat, Swap Your Light Bulbs to LEDS, Get A Low Flow Shower Head
 


Taking an inventory of “stuff” and purging as required, room by room

Your decluttering plan should incorporate a couple of things: one, what types of things you’re going to be getting rid of, and two, what you’re going to do with them. Donate, Recycle Or Plan for A Garage Sale.
 
The Ontario Fire Code requires landlords to test smoke alarms and CO alarms at the following times:
 
Annually;
After a change of tenancy in rental units;
Following installation of a new battery for battery-operated smoke alarms or CO alarms; and
Following electrical renovations or servicing when smoke alarms or CO alarms are AC powered to ensure that the alarm circuit has not been disconnected.
 
As a best practice, homeowners/occupants/residents should test smoke alarms and CO alarms at the following times:
 
Weekly: and….In the case of battery-operated smoke alarms or CO alarms, when the building occupants have been absent for seven or more days (such as for vacation) to ensure that the battery is still operational.
 


Squeeze in extra mortgage payments

To pay off your mortgage faster, consider putting extra money toward your mortgage.
Your mortgage contract may allow you to: increase the amount of your regular payments and make a lump-sum payment. Your lender calls this a prepayment or prepayment privilege.