Save some cash in your budget to handle expenses right after you move into your newly constructed home.
After receiving handover of your new apartment, you might feel a bit financially burdened with any due payments, loan payments, interest, moving costs etc. As you draw near the handover date of receiving your apartment, it will be prudent of you to consider after sales costs pertaining to a brand new home. With these helpful saving tips, you will find your apartmentmoving-in experience to be a stress-free and smooth sailing one.
Registration cost
The foremost important thing to do when you buy a home is to register it and in Bangladesh registration fee can be really high so make sure you know the cost break down including stamp duty, government tax, value added tax, registration fee and revenue tax. It is important to seal your property ownership through registration of the apartment at the earliest possible time.
Appliances
If you are a first-time homeowner you might consider an upgrade of your appliances- new and energy efficient ones to complement your new home. If you can’t afford necessary appliances like refrigerator, TV, you can look for installment offers to fit into your budget. Do not forget to check warranty and after sales services to avoid future problems.
Apartment Décor
When you move into your new home, you will want it to be decorated perfectly. If you have the budget the best thing you can do is hire a professional interior designer who will walk you through the whole process. This way you can relax without spending time and energy choosing materials, fabrics and so on and trust the professionals to do the job. If you do not want break the bank with interior design service charge, you can start small with basic apartment décor and then take up projects with planned saving one room at a time.
Utility costs
If your new apartment is an upgrade with larger space then it is likely that your monthly utility costs will increase. You also need to consider extra service charges, such as cable, internet connection etc. To control utility costs, you can invest in energy-saving light bulbs and appliances. You should also pay attention to regular habits such as turning off switches when leaving a room, unplugging electric devices when not in use, turning off gas in between cooks as well as saving water while brushing, showering or washing. If you have kids, monitor and regulate their TV watching or internet browsing habits. How about making them watch TV only after they have finished their home works and limiting internet use for a certain period of time? This way your kids will be disciplined as well as your utility bills will be saved.
When you have a faulty commode shower or a broken window, when living in a rented apartment all you had to was tell your landowner. However, as a homeowner the situation is a bit trickier. You need to hire a professional to do the job, supervise and pay from your own pocket money. As a first time homeowner, be prepared to tackle unforeseen home repairs, such as faulty door knobs, leaky faucets, and cracked paint jobs.
Stepping in your brand-new apartment is undoubtedly an exhilarating experience which you will remember for the rest of your life. With a bit of little planning and saving money, you can dedicate more time to transform your new apartment into a home and less time stressing over how you will pay for it all