If you are a frequent reader of The Broke M.B.A., you are well aware that we will soon close on our first home. Actually, less than two weeks from today, we’ll be proud homeowners. I’ve posted several articles under the First Time Home Buyer’s Series category if you are interested in more of the details. After the inspection, our home inspector left some information regarding what every new owner should do immediately upon taking ownership:

1. Consider changing the locks on all exterior entrances.

2. Check that all windows and doors are secure. Security rods can be added sliding windows and doors. Consideration could also be give to a security system.

3. Install smoke detectors on each level of the home. Ensure that there is a smoke detector inside and outside all sleeping areas. Replace batteries on any existing smoke detectors and test them.

4. Create a plan of action in the event of a fire in your home. Ensure that there is an operable window or door in every room of the house. Consult with your local fire department regarding fire safety issues and what to do in the event of a fire.

5. Examine driveways and walkways for trip hazards. Undertake repairs where necessary.

6. Examine the interior of your home for trip hazards. Loose or torn carpeting and flooring should be repaired.

7. Undertake improvements to all stairways, decks, porches and landings where there is a risk of falling or stumbling.

8. Review your home inspection report for any items that require immediate improvement or further investigation. Address these areas as required.

9. Install rain caps and vermin screens on all chimney flues, as necessary.

10. Investigate the location of the main shut-offs for the plumbing, heating and electrical systems.