Preserving Your Property: The Surprising Benefits of a Home Maintenance Plan

Описание: According to a recent report from CNBC, homeowners spent an average of nearly $6,000 on home maintenance and repairs in 2022. For most people, their home is the biggest and most important asset they own, so upkeep is, of course, vital for longevity. But, $6,000 in expenses, especially when unexpected, is enough to upend even the most well-planned household budget.

In a new episode of A Place of Possibility, we’re sitting down with Andrew Perroy of Honey Homes here in the Bay Area - a service aimed at helping homeowners stay on top of their monthly to-dos and maintenance needs. In our discussion, we will talk about how regular maintenance and upkeep can help homeowners save money and mitigate the sting of those unpredictable emergencies. We will also learn more about Honey Homes, its unique membership model, and why more and more homeowners are turning to them for support in a proactive home care approach.

A Glance at this Episode:
0:00 Introduction
2:05 Tis the season for back to school! We get a lot of questions about how to put money in and get money out of 529 accounts, so today, we’re going to start there.
3:12 What can use 529 account funds for? Higher education expenses, tuition and fees for elementary and secondary school, off-campus housing, student loans after college graduation, and more!
4:19 And here’s what you cannot use 529 account funds for – transportation and insurance costs.
4:30 While you don’t have to notify the IRS every time you take money out, there are some things you should be aware of. Press play now for more.
5:51 Taking money out of a 529 account isn’t as complicated as it seems. Most plans allow you to either cut a check or electronic transfer.
6:26 Ever wondered what to do with the remaining 529 funds? Listen in as Richard and Angela discuss your options.
8:48 Now, let’s dive into our topic for this episode! Meet Andrew Perroy, General Manager at Honey Homes, a firm that’s majorly impacting how consumers get their home maintenance done.
10:11 What are the most common maintenance issues homeowners face? Andrew weighs in and talks more about the general stress a home goes through over time.
11:00 Budgeting for home repairs, especially if you’re a retiree on a fixed income, is tricky. Experts say 1-2% of your mortgage, but Honey Homes offers a different solution.
12:41 Find out how often big repairs (like roof replacements) actually come up for homeowners - the answer may surprise you.
14:08 Problems like the ones we’re discussing here tend to sneak up on homeowners, but with a solution like Honey Homes, you can avoid them. A season tradesperson knows where to look.
16:28 There’s no “set it and forget it” regarding home maintenance. Honey Homes offers a seasonal perks program with all the seasonal tune-ups built into your membership, so you don’t have to be the expert.
16:57 Before we move on from budgets, let’s talk a bit more about setting aside maintenance money and why Honey Homes is so much more cost-effective.
18:32 Next, Andrew shares more insight about what members get when they sign up for a monthly or annual program.
20:24 Find out what the most common repair requests that come from homeowners.
22:18 Honey Home has a rigorous screening and training process for their handyman, setting them apart from its competitors and ensuring you work with only the best professionals.
26:20 How did Honey Homes get started?
27:53 If you’re located in these areas, Honey Homes is available to you!
28:28 Learn how Honey Homes differs from other home maintenance services, including Task Rabbit or Home Warranty Services.
32:16 Interested in knowing how much Honey costs and what you get with it? There are two ways to engage with Honey Homes, monthly and annually. Start listening here for the details.
34:53 The way Honey is set up encourages homeowners to be proactive with taking care of housing maintenance - without having to put in more work and saves you money in the long run.

“One-size-fits-all” won’t fit you here! The Del Monte Group team understands that everyone’s financial goals are unique. That’s why we always provide customized advice. No matter where you are in life, you can depend on our proven expertise to provide financial planning support for long-term success. Ready to get started? Schedule a meeting with Richard or Angela in our Alamo, CA based office today or we can meet via Zoom! You can select a date and time that works for you via our calendar, call us at 925.736.6410, or send an email to [email protected]. We can’t wait to help you!