Why it worked
The content provides valuable, relatable advice for first-time homebuyers, addressing common misconceptions and unexpected challenges. The use of clear, concise text overlays on aesthetically pleasing images makes the information easily digestible and shareable.
Summary
This slideshow shares five lessons learned by a young homeowner about the realities of buying and maintaining a home. It covers unexpected costs, maintenance issues in new builds, rising property taxes and insurance, the time and expense of home projects, and the true cost of homeownership beyond the mortgage payment.
Structure
- 1Introduction: 5 things I wished I knew before buying a home
- 2Lesson 1: New builds aren't maintenance-free
- 3Lesson 2: Property taxes and insurance will go up
- 4Lesson 3: Every project takes longer and costs more
- 5Lesson 4: Your mortgage is not your housing payment
- 6Lesson 5: The first year is expensive
On-screen text
5 things I wished I knew before buying a home
lessons I've learned as a young homeowner
NEW BUILDS AREN'T MAINTENANCE FREE
Buying new seems like it will be cheaper and overall it is. I have still had issues with pipes, appliances and building issues due to builder shortcuts
YOUR PROPERTY TAXES AND INSURANCE WILL GO UP
Every year my escrow has been recalculated and my monthly payment increased or decreased without me refinancing
EVERY PROJECT TAKES 3X LONGER AND 2X MORE EXPENSIVE
Every quick weekend project somehow turns into three trips to Home Depot and multiple weekends to complete
YOUR MORTGAGE IS NOT YOUR HOUSING PAYMENT
You need to budget for your mortgage but you also need to budget for random repairs, higher utility bills, lawn equipment, pest control, and all the little things
THE FIRST YEAR IS EXPENSIVE
You're buying blinds, a lawn mower, tools, furniture, decor, kitchen items etc just to maintain your home