Fall Home Maintenance Tips

Rain Gutter full of leaves

Rain Gutter full of leaves


The fall season is a perfect time to get your home ready before the cold winter months arrive. By taking precautionary steps, you can prevent serious home damages and expensive home repairs from occurring. Our team compiled a list of seven important home maintenance tips you should do during the fall to get home ready for winter.

  1. Get your heater/furnace serviced- Autumn is a great time to have a service technician come out and check to ensure your furnace is working properly. In the winter time, service technicians are more likely to be booked up with service calls, which can cause delays.
  2. Get chimney checked for blockages- Fireplaces are used frequently in the cold winter months. It’s a good idea to make sure your chimney is checked for any blockages as it can result in falling debris or a smoky smell in your home when the fire burns.
  3. Remove window A/C units- We suggest removing your A/C window units during the fall because leaves, dirt and other particles can get inside the unit and potentially can potentially damage the unit.
  4. Clean gutters and downspouts- It’s a good idea to get your gutters and downspouts cleaned because the clogging of leaves and other debris can lead to falling gutters which can cause flooding and foundation issues to your property.
  5. Trim trees and bushes- Trimming trees and bushes around your home in the fall can prevent loose branches and limbs from falling onto your property during winter storms.
  6. Get your roof inspected- It’s important to get your roof inspected for any leaks or loose shingles before winter strikes. Roofers will also charge more for services during peak season (winter months).
  7. Seal any cracks around windows and doors- Sealing cracks around your windows and doors before the cold winter comes, can prevent bugs and rodents from coming inside your home. When its cold outside, these pests are looking for warmth and will try to get inside your warm home.

Once you get these preventative maintenance steps completed, you can be assured your home is prepared for the upcoming colder months. Taking these preventative steps can also save you time and lots of money in repair costs. The cold weather is coming, cozy up and relax knowing you fully prepared your home for the colder months.

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The Benefits of a Home Warranty

Plumber Fixing Domestic Washing Machine

Plumber Fixing Domestic Washing MachineA home warranty plan is something that every real estate investor ought to be thinking about ahead of buying a property. This type of warranty will protect your finances in the event of something going wrong with the property, whether it is an appliance fault or the wear and tear of a boiler system. Do not get home warranty confused with homeowner’s insurance because an insurance plan does not offer the same kind of coverage.

In fact, if you don’t have warranty in place, you will not be covered for the cost of repairing/replacing home system components. Also known as HSA, home warranty offers a whole host of benefits for both the buyer and the seller.

Let’s look into into the perks associated with this type of coverage:

  1. Protection Against Costly and Unexpected Repairs - Although you will have the chance to inspect the property for any damages or underlying problems during the open house, this does not mean that a problem will not surface in the near future. Wear and tear from using appliances, such as the lights, heating, and air conditioning, is inevitable. Rather than digging deep to fund unexpected repairs, you can rely on home warranty to cover the costs. Most major systems and appliances are covered on the standard plan.
  2. Full Replacement - There may come a time when the technician is unable to resolve the problem and make the appropriate repairs. In the event that this does happen, a full replacement will be provided with the costs covered by the home warranty plan. What’s more, the contractors are guaranteed to be completely professional and licensed to perform the job, so you can feel confident that the end result will be satisfactory.
  3. Small Service Fee – When you have no option but to contact a technician to visit your home and perform a repair or service on your home appliances, the fee will not leave you strapped for cash. Considering you will be paying a monthly fee for warranty coverage, the service fee will be considerably less than it would be if you weren’t investing in coverage.
  4. Annual Renewal - Once your yearly coverage is up, the home warranty plan can be renewed. It is completely up to you whether or not you go ahead and renew the plan, but since you have the opportunity to call for service as many times as you wish, chances are you’ll want to renew the plan before it actually expires.

There are some things you should know before purchasing a home warranty, such as the fact that policy prices vary from $200-$600 annually and when/if you make a claim; you will be required to pay a deductible. Take it upon yourself to find the best possible home warranty plan available by browsing your options first. Generally, service agreements will last for a year or more, but this totally depends on the provider of HSA. For the best protection, consider gaining coverage from a warranty plan and a homeowner’s insurance plan.

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Mortgage and Fixer Uppers – Pro and Cons

Businessman's hands with calculator and cost at the office and F

Businessman's hands with calculator and cost at the office and FPeople from all walks of life will wander into the world of real estate without the initial intention. The urge to invest in a property that you could call your home for life is hard to resist. Not only this, but more and more homebuyers are looking into what are known as “fixer-upper” projects. These projects are unique in the sense that they provide the buyer with the freedom and creativity to do what they want with the property.

Once they have fixed it up and restored it into a condition that neatly slots into the real estate market, the financial gain opportunities will begin to transpire. If you are to succeed in this type of property investment as a newbie or simply want to educate yourself more on the subject, there are a few things you ought to take note of.

Fixing Up a Home for Financial Gain

Well, why not, right? A lot of people are seeing an opportunity and grabbing it with both hands. By opportunity, we mean securing a low interest rate on a property with a fairly low net worth and capitalizing on that opportunity to restore, renovate, and reap the financial rewards. It is possible to make thousands, if not hundreds of thousands depending on the type of “fix-up”, of dollars by selling the property on when interest rates peak.

Selecting a Mortgage for a Fixer Upper Project

A project of this kind is not just like any other. There is some risk attached in the sense that you may struggle (which is highly unlikely in a market where millennials are house hunting in their millions), or that you may not rake in as much of a profit as you would have initially hoped.

Nonetheless, the prospect of having something fun to work on and more importantly, something that you are passionate about, is exciting to say the least. In the event that your funds are not exactly prime for investment purposes, there are a few things to consider mortgage-wise.

Here are the most popular financing options for property purchases of this kind:

Standard 203(k) loan - Suitable for most types of home repair and improvement.

Limited 203(k) mortgage – If your home repair project is limited to minor improvements, such as repairing gutter pipes, this type of mortgage will be best suited.

Things to Consider with Fix-Ups

Don’t let yourself fall into a financial pitfall unnecessarily. If you discuss your mortgage financing options with an expert, you can better understand if you would suit a loan that is flexible or one that has a fixed interest rate. Remember that the home improvements will be assessed by the lender to ensure everything is being dealt with fairly and professionally.

The method of “fixing and flipping” a home is one that property buyers have been gaining profit from for years. Doing it successfully requires proper financial planning. On that note, it may be worth considering your financing options to ensure your financial stability for the future.

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Seems Like My Home Repairs Never End!

Paramount Equity® - Home Repairs

Seems Like My Home Repairs Never End - Paramount Equity®There are so many benefits of owning a home. Not only do you have a property you can call your own, you also earn equity on the property every time you make a mortgage payment. While there are a number of unique benefits to owning a home, as soon as you have your first few problems you might feel like the home repairs never end. From your plumbing system to your appliances, home repairs can get very expensive. Here are some valuable tips for staying on top of home repairs so you can save money and eliminate the hassle.

Maintaining Your Home Heating System

In most areas of the country, you will rely on your heating system to keep you warm and comfortable during the winter months. Replacing or repairing your heating system because you failed to keep it maintained can be an expensive mistake. Here are some tips on how you can inspect your furnace (more…)

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How to Deal With a Beeping Fire Alarm

Paramount Equity® - Fire Alarm

How to Deal With a Beeping Fire Alarm Paramount Equity®Have you ever been rudely awoken at 3:00 a.m. by an incessant beeping fire alarm? Many homeowners have, and while it’s a headache, there are a number of simple and effective ways one can locate a fire alarm that is beeping.

All fire alarms are designed to alert a user when the battery is dead. While there are a number of ways to find a beeping alarm, the best way to prevent problems is by maintaining alarms properly. It’s important to install new batteries in a fire or smoke alarm every six months. This will ensure that alarms function properly.

When the battery in an alarm drops below a certain voltage, the alarm will enter into a warning mode. This warning mode will cause the alarm to beep every few minutes. Since it can be challenging to remember where one installed an alarm, a homeowner may be subjected to an incessant beeping of (more…)

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DIY Roof Repair

DIY – Roof Repair - Paramount Equity®

Roof repairs can cost you a lot of time and money if you are not careful. Because your roof is one of the most crucial parts to your home’s structural integrity, you do not want to mess it up and cause undue leaking and other disastrous effects. At the same time, you may not be in a position to call a professional contractor to fix your roof every time a little leak or small snafu appears. Never fear. Here are some tips for DIY Roof Repair, the safe and cost efficient way.

1. Know what you are looking for 

Rule number one of DIY Roof Repair is to know exactly what it is you’re trying to repair. You need to assess the situation. Is it a simple leak? Is your home suffering from wind damage after a large storm? Is typical weathering wearing away at the exterior of your roof? Knowing what problem you are handling allows you to best assess what steps to take (more…)

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Fixing broken sprinklers, fences, and more

Fixing broken sprinklers, fences, and more

Fixing broken Fences- Paramunt EquityOwning a home can feel empowering. However, a brand new house doesn’t stay new. As soon as the structure is lived in, it begins to suffer wear. To protect a home asset, a homeowner needs to be prepared to do basic maintenance on a regular basis. Some of the most common problems that happen first tend to be the backyard fence as well as the sprinkler system because they are both exposed to the elements and water.

Fixing Broken Sprinklers

The easiest fix associated with a sprinkler involves repairing a sprinkler head. These get easily broken or jammed. The old head has to be removed. Fortunately, these parts are screwed into the PVC feed pipe under the ground surface. Removing the dirt around the broken head makes access easy. The homeowner then just needs to unscrew the old unit, bring to a hardware store to match it with a new one, and screw the new one in to the (more…)

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Making Routine Repairs Yourself Instead Of Hiring Someone

Group of painters lying on the floor showing their dirty hands and smiling

When many people think about their dream home, they think about the finished product. This is what causes a lot of people grief because they look around their home and they complain about all of the things going wrong about their home. It is never good enough. The thing is though; your home is what you make it.

Honestly, it is like having a blank canvas. You can do whatever you want with it. You can make it into your dream home and you can do so affordability if you stop hiring someone for those home repairs and start making routine repairs yourself.

While it is a concern of safety and general enforcement codes that you avoid the electrical panel, pretty much everything else in your house should be fair game. There is no reason why you cannot replace pipes (more…)

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