Tools Every New Homeowner Should Own

Congratulation on your first home! Now comes a lifetime of maintaining it. To keep the home running smoothly, you will a bunch of basic hand tools in order to assemble new purchases and make simple repairs.

If you are lucky, a family member or friend may gift you with your first toolbox as a house-warming gift. If not, the local hardware store will have everything you need, including the toolbox itself. And the basics you need will be low cost and easy to attain.
Your collection will grow over time, as new projects call for additional, specific tools, but here’s a good list to start off with, including some basic supplies to pick up while you’re at it:

Toolbox Basics

  • Electric drill and an assortment of drill bits
  • Adjustable wrench (i.e., crescent wrench)
  • Pipe wrench
  • Allen (hex) key set
  • Hammers
  • Screwdrivers: flat and Phillips-head
  • Pliers
  • Wire cutters
  • Hacksaw
  • Utility knife
  • Putty knife
  • Tape measure
  • Level
  • Extension cords
  • Safety goggles and gloves
  • Plunger
  • Variety of nails and screws
  • Duct Tape
  • Plumber’s tape
  • Electrical tape
Tasks to be Prepared For

With these tools, you’ll be able to take care of the majority of basic repair and assembly tasks around the house, such as:
  • Assembling items including shelving, storage cabinets, bed frames, prefabricated storage sheds, tables, entertainment centers, and children’s outdoor equipment and toys.
  • Hang pictures, mirrors and other wall art.
  • Make minor repairs such as tightening loose doorknobs and toilet seats, fixing some minor plumbing leaks, replacing light switches, bulb receptacles, and plug sockets, and repairing dents in drywall.
  • Unplugging clogged toilets.

Speaking of toilets: make sure you know where the main water shutoff valve is for your home! And while you’re at it, locate the electrical circuit breakers and the shutoff valve for gas or propane. Know how to shut off all the services to your home.

Mortgage Investors Group supports customers in attaining their piece of the American Dream. Our reputation for delivering unparalleled service aligns borrowers with the best solution for their financing needs. We offer a diversified line of residential mortgage products, including government and conventional loans, for purchase and refinancing.

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