Question

Budgeting for home maintenance early can save money in the long run. Why save early compared to later, especially if the home is new?
a.
Home maintenance is unpredictable, but it is important to do it promptly, or it will result in home damage that requires repair.
b.
Homebuilders are often untrustworthy and do low quality work, requiring home owners to fix or finish a lot of things on their own.
c.
Homeowners often run into problems soon after purchasing a brand new house.
d.
Homeowners always have a lot of money after moving into a house they purchased, so they save it for the future.

Answer 1

Correct answers: a and c.

- a: Maintenance needs are unpredictable; addressing them promptly prevents minor issues from becoming costly repairs.
- c: New homes commonly have initial defects or "punch list" items, so early savings help cover those early expenses.

(b) is an overgeneralization and (d) is false.