Tools & checklists

Copy/paste these into your notes, or print to keep your planning organized.

Before you buy: questions to ask

• What are the full closing costs (not just down payment)?
• What are the realistic monthly costs: mortgage + taxes + utilities + insurance + maintenance?
• What repairs are likely in the next 1–5 years (roof, furnace, plumbing, drainage, electrical)?
• If rates change, can you still afford the payment? See mortgage cost changes.
• If it’s a condo: what’s the reserve fund status and history of special assessments?

Before closing

• Confirm your lender’s final numbers and conditions in writing.
• Confirm property tax adjustments and any municipal fees.
• Confirm insurance requirements (some lenders require proof before closing).
• Book utilities setup and address changes.

First week after possession

• Test all shutoffs: water main, electrical panel, and (where applicable) gas shutoff.
• Photograph appliances, meter readings, and any visible issues for your records.
• Change locks / codes (or re-key) and confirm smoke/CO alarms work.
• Locate your sump pump (if any) and verify it runs.

Yearly maintenance plan (basic)

• Spring: inspect grading/drainage, eaves, roof lines, and exterior caulking.
• Summer: service A/C (if any), check exterior wood/paint, inspect deck and railings.
• Fall: service heating system, check weatherstripping, clean gutters, winterize exterior taps.
• Winter: monitor humidity/condensation, check for ice dams and drafts.

Renovation planning (avoid overruns)

• Write a scope in plain language (what is included and excluded).
• Get itemized quotes and confirm who handles permits/inspections.
• Budget a contingency (commonly 10–20%) for surprises.
• Confirm how change orders are priced and approved.