Ep. 33 - So You Bought a House...Now What?

Ep. 33 - So You Bought a House…Now What?Keywordshomeownership, real estate, homestead exemption, maintenance, insurance, financial planning, utilities, property taxes, homeowner tips, buying a house SummaryIn 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." Chapters00:00 Introduction to Homeownership00:52 The Transition from Tenant to Homeowner03:24 Understanding Homestead Exemptions06:02 Making Smart Improvements08:41 Insurance Responsibilities11:11 Preventative Maintenance Essentials13:52 Financial Planning for Homeowners16:38 The Importance of Home Maintenance18:30 Conclusion and Final Thoughts Hosts Ben Harang, REALTOR® La. License #: 36589 Keller Williams Realty Bayou Partners Mobile: 985.859.2500 Office: 985.262.4400 [email protected]  Clint C. Galliano, REALTOR® La. License #: 995704723 Keller Williams Realty Bayou Partners Mobile: 985.647.4479 Office: 985.262.4400 [email protected]  Produced by Clint Galliano Music by Wiggins StudiosClick here to view the episode transcript. Click here to watch a video of this episode.