With the activity in the housing market last year, it’s likely there are a number of us with new homes as we enter 2022. In addition to the typical things we consider with a new home (securing homeowner’s insurance or adjusting your emergency fund appropriately to cover unexpected home expenses) there are a few less than obvious financial considerations we should also evaluate.
Broader Insurance Considerations
A home purchase impacts more than your homeowner’s insurance.
Record Home Improvement Expenses
The purchase of a new home is exciting but can also be overwhelming. The above tips can help put you and your family on solid footing but having trusted professionals to help you evaluate other areas for planning can be invaluable. A well-rounded financial plan should include these and other considerations. If 2022 will be your first full year in your new home, congratulations, and cheers to the many happy memories to be made in the year ahead!
Read Melissa's article in West Knoxville Lifestyle's March issue here.
PYA Waltman Capital, LLC (“PYAW”) is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about PYAW’s investment advisory services can be found in its Form ADV Part 2, which is available upon request. PYA-22-04