Becoming the CEO of Your Home

Becoming the CEOHOME In business, a manager must track budgets and costs, develop annual processes to get work done more efficiently, and manage risk for unexpected situations. It's about time to apply these same strategies to homeownership. After all, it's one of the biggest investments a person will make. OF YOUR AMERICAN CONSUMERS SPEND NEARLY 33% ON HOUSING COSTS A YEAR. That s a majon investment! By using common business manage- ment tactics, homeowners will become more organized and aware of the health of their home. Home improvement CREATE AND MA NAGE BUDGETS Home improvement projects can leave homeowners paying more than originally planned due to lack of planning and monitoring of projects. NEARLY FOF ALL HOME IMPROVEMENT PROJECTS ARE POSTPONED DUE TO BUDGETA RY REASONS. Six steps to every home improuement project, IDEA PRODUCT RESEARCH DESIGN iruentory $4 6 CLOSEOUT Maintenance 5 EXECUTION 4 BUDGET Average Cost OF TYPICAL HOME IMPROVEMENT PROJECTS Project Auerage Cost DECK ADDITION O BATHROOM REMODEL O HOME OFFICE REMODEL 3 KITCHEN REMODEL O MASTER SUITE ADDITION 6 $10,634 $16,142 $28,375 $57,215 $103,696 Home Maintenance Tip from a CEO: REMEMBER PREVENTATIVE TASKS TO AVOID REPLACEMENT COSTS Having a proactive approach to home mainte- nance can you saveyou hundreds or even thousands of dollars annualy. Plan and mana ge your projects. By researching product choices and having a detailed budget youwill accomplish your design and cost goals on all your projects. The Healthy Home Checklist Fall Winter Spring Summer M Remove debris from drains, gutters and downspouts M Replace HVA C air filters M Drain sediment from hot water heaters M Seal exterior decks and interior countertops M Insulate and seal exterior air leaks M Fix worn caulking inside and outside the home M Vacuum refrigerator coils M Prune trees and shrubs aNay from home M Pressure wash home exterior and hardscapes M Maintain yard, pool and landscaping M Clean chimney from dangerous ash buildup M Wrap exterior pipes and fragile plant " ...... Tip from a CEO: Do the little maintenance tasks at the right time by organizing both family members and service providers in order to avoid unnecessary costs. Home Inventory = MANAGING YOUR ASSETS Most homeowners have a plethora of appliances, furniture, household items and electronic devices, It is crucial that as a homeowner you Disasters have an itemized inventory of those assets in case of an emergency. Wildfires NORTHERN AMERICA Every homeowner is sU sceptible to three major issues that could cause them to lose their home or possessions Tornados MID-WEST Floods EAST COAST Earthquakes SOUTHWEST FHurricanes SOUT HEAST The U.S. set a record with 12 separate billion- dollar weather/dimate disa sters in 2011. That s a $32 BILLION uluuluLulul BILLION DOLLAR DISASTER was paid out by insu rers for natural disaster related claims in 2011. Burglaries $4.6 BILLION every monвh! Fires in the Home in stolen property in 2010, average lost $2,119 $9.7 BILLION in property damage due to home fires in 2010 a burglary every 14.6 SECONDS Tip from a CEO:- A house fire is reported every 90 seconds, with 1.9 MILLION FIRES reported each year By having an itemized inventory of your assets, you are prepared for the unexpected and insurance companies are likely to get you reimbursed quicker and easier. HomeZada COLUMN Soutes:US. Buenuaf laber Statistics/ Corsumer Spanding Suvey /Blabaldatavalt.canhahral-fiaster thest-naps.m/ Remudeling Cost vs. Value Report 2007-2010/ Unifam Cime Report Fal fr 21/ National Fire Protecfian Ageray FIVE %24