The No. 1 thing Millennials hate about their homes isn’t what you might expect. Turns out, the biggest pain point cited by homeowners in their 20s and 30s is the cost of maintenance and repairs, which they underestimated.
Fortunately, there are two things that you can do to help prevent buyer’s remorse when you’re buying your next home: No. 1 — Don’t purchase a home without having a home inspection. No. 2 — Once you’ve purchased a home, set aside money each month for repairs — both routine and unexpected. One rule of thumb is to budget 1% of your home’s value each year for home maintenance.
