Our Property Value Decreases

Owning a home is and should be a goal of most people. However, I do understand that home ownership is not obtainable to the masses. Becoming an owner of real property is indeed an accomplishment.Therefore, this investment must be protected. The following are ways that we can care for this major asset and ensure it does not decrease in value:

• It’s like owning a car, they have to be repaired from time to time and so does a home.

• A roof will need replacing at some point.

• A coat of paint will be required at some point.

• The plumbing will need to be repaired.

• Landscaping will need to be maintained.

• Inoperable vehicles will need to be removed from your property.

• Ensure that no one discards trash on or near your property.

The aforementioned are just some of the things you will need to do to maintain your property. Remove litter from your property, unkempt communities affect your property value. Try to encourage your neighbors to maintain their property as well. A clean, well-maintained community is a good place to live,it makes you feel proud of where you live and it helps keep your property value intact. Understand that there will be some things that you won’t be able to control (others unkempt properties). All counties have code enforcement. Get Code Enforcement involved to help maintain decent standards in your neighborhood. Finally, it’s important to plan when purchasing a home. This purchase will more than likely be one of the biggest investments that you will make. That is why it is important to take care of it. During your planning factor in replacement costs for things that you will have to replace or repair over time. If you fail to plan, you plan to fail! Please protect this most important investment.

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Marvin Dixon, Founder Vmgreview.com