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Top 5 Things New Homeowners Need to Know from Your Local Agent (Before You Buy in CT’s Spring Season!)

Before you get swept away by the charm of Connecticut’s spring real estate season, let’s ensure you’re fully prepared for the responsibilities that come with owning a home. Here are five crucial tips from your local agent, Ken O’Hara, designed to protect your investment and keep your mind at ease:

1. Roof Reality: Don’t let aesthetics fool you. A sturdy roof is the crown jewel of your home, and its condition can make or break your budget. In CT, roofs older than 10 years might not weather spring storms well and could lead to costly repairs or replacements. Factor in a roof inspection and potential repairs into your calculations before finalizing the deal.

2. Pipe Prowess: While the house might stand tall, it’s the hidden network below that keeps everything flowing smoothly. Check the age and condition of the city’s main sewer and water lines. Older lines could pose potential leaks or breaks, adding unexpected expenses to your new life.

3. Code Complacence Counts: Additions and updates are exciting, but ensure they align with current building codes. Ask for permits and documentation, and consider a professional inspection to identify any potential non-compliance issues that could delay renovations or impact future resale value.

4. Chimney Cheer: Cozy fireplaces add warmth and charm, but neglect can turn them into safety hazards. Before lighting that first fire, remember: clean your chimney! Unchecked creosote buildup can lead to chimney fires, posing a serious risk to your home and family.

5. Basement Blues: CT basements are infamous for foundation issues. Familiarize yourself with the state’s “Bad Foundation Assistance Program” and consider setting aside funds for potential repairs. And remember, your local agent can connect you with trusted home inspection professionals who can give you a clear picture of your basement’s health.

Now, let’s talk insurance! As your home becomes your haven, securing the right coverage becomes paramount. Here are the top four insurance needs every new homeowner in CT should consider:

1. Bundled Bliss: Combine your home and auto insurance with the same provider for potential discounts and streamlined management. Plus, you’ll only have one company to deal with in case of claims, making the process smoother.

2. Umbrella Protection: Consider an umbrella policy that provides additional liability coverage above and beyond your existing limits. Unexpected accidents happen, and an umbrella policy can safeguard your assets from unforeseen financial shocks.

3. Mortgage Menders: Life insurance with mortgage protection can ensure your loved ones aren’t burdened by the mortgage in case of your passing. It’s a thoughtful way to offer financial security and peace of mind.

4. Sparkling Serenity: Protect your precious possessions with scheduled jewelry coverage. Engagement rings, heirlooms, and other valuable pieces deserve personalized protection against loss or damage.

Remember, your local agent is your trusted partner in navigating the intricacies of homeownership and insurance in CT. We’re here to guide you through every step, from pre-purchase inspections to finding the perfect coverage solutions. Don’t hesitate to reach out!