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Owning Real Estate: Maintaining


Like any investment, to bring maximum return real estate must be monitored and maintained on a constant basis. By developing a program of regular maintenance, not only will you enhance the value of your home, you can often prevent the kinds of huge expenses that can be the bane of a homeowner's existence. Minor roof repairs, for example, can often delay or prevent a complete re-roofing job. Checking the caulking around windows and doors, replacing where necessary, can get years of extra life out of them (and have you priced a complete window replacement job lately?)

Monitoring the maintenance of your home can almost always be done by you. In fact, much of the preventative maintenance that can be a big time and money saver, can be done by homeowners. Items that should be maintained by professionals (such as heating and cooling systems) should be part of your regular
maintenance schedule. Because of the specialized equipment and tools often used by such professionals, it is generally more economical to have them do the job rather than attempting to do it on your own.

Some larger
repair and remodeling projects may also require the use of a professional, but many of the common maintenance tasks can be accomplished with just a bit of training and common sense. A great source of all-around "handyman" knowledge is New Complete Do-It-Yourself Manual by Reader's Digest available in association with Amazon.com at a 30% savings.

 

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