Why You Should Create A Homeowner Binder
At Dwell Collective, we understand that homeownership comes with responsibility. That's why we love homeowner binders! A homeowner binder is an organized collection of important documents and information about your house. This invaluable resource stands as a foundation for seamless home management.
Here's why you need a homeowner binder:
Streamlined Organization: A homeowner binder will be your go-to resource for keeping track of all essential documents related to your home. From repair receipts to important dates, paint colors, flooring names, names of contractors, insurance information, and warranties, everything has a place.
Effortless Maintenance: With all important details neatly organized in one place, staying on top of home maintenance becomes a breeze. No more rummaging through drawers or folders to find that elusive receipt or warranty information. It's all at your fingertips, ready to help you tackle any home-related task effectively and efficiently.
Future Planning: Your homeowner binder is an investment in your future. As you compile comprehensive information about your home, you're also creating a valuable resource to serve as a strategic move for the future sale of your home. We can’t over stress how much this will simplify the process for disclosures when eventually the time comes to sell your home.
Here is a breakdown of the key sections that we recommend:
Receipts for repairs and improvements
Important Dates
Paint Colors
Flooring Names
Name of Contractors
Insurance Info
Warranties
Yearly Maintenance Lists
Bonus tip: Keep a spreadsheet of the total spend on all home improvements for tax purposes when you sell. Your tax advisor can use this information to potentially reduce some capital gains because of the investment you put into your home. And with the homeowner binder, all the receipts will be there to back it up too.
Don’t wait to embrace organized homeownership. Trust us, you'll thank yourself later!
