If you’re like most people, your house is probably the biggest purchase you’ll ever make. How would you feel if you moved in, got settled, and then discovered a problem that would cost another $20,000 to fix?
That happens more than most people realize.
Homeownership is expensive, and it’s part of your responsibility as a homeowner to budget for things like repairs and maintenance.
Still, it’s really frustrating to spend your savings, go into debt, move into your house, and then have to deal with a huge expense right away. When you buy your house, you expect to have at least a little time to enjoy it before things start breaking.