This is how much homeowners are spending to replace a roof or furnace and fix a toilet

Something you often hear about home ownership is that it’s a forced savings plan. What you never hear is that owning a home is a forced spending plan as well.

While you’re building equity by making regular mortgage payments, you’re also paying for repairs and maintenance. But how much, exactly? Home repair costs are the great unknown of home ownership.

To bring some clarity to the cost of home maintenance, I asked readers of the Carrick on Money e-mail newsletter to fill out a questionnaire about the cost of repairs they’ve done and additional details such as the size and

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5 ways winter weather can negatively affect your home including freezing pipes, roof leaks and more

Freezing temperatures and heavy snowfall can take a toll on your home. 

Winter weather, unfortunately, has the potential to lead to costly repairs.

The good news is there are steps you can take to winter-proof your home before the cold weather hits hard.


Below are five common home repairs that homeowners typically get to before snowstorms. 

If you haven’t gotten to these just yet, here, also, are preventative measures to take to lessen the chance of a huge home repair bill this winter.


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Detroit seniors, disabled residents benefit from roof repair program

Detroit — Heloyse Moore has lived in the same Detroit home since 1962. When her roof began leaking in December, she feared she wouldn’t be able to stay.

Moore, nearly 93 years old, is among the first of 2,000 residents to have a new roof installed by the city’s Renew Detroit program.

The home repair program was established in 2021. After a community feedback process, the Detroit City Council initially voted in July 2022 to appropriate $30 million in American Rescue Plan Act funds for home repair to seniors, low-income and disabled community members.

It was initially expected to aid

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U.S. Navy veteran in Tallahassee gifted with new roof

“Thank you, God, and thank you, Tadlock Roofing,” says a man whose wishes were granted Monday after he received the gift of a new roof installation for his family’s home. 

Josh Kish, a U.S. Navy veteran who served as an Operations Specialist from 1999 to 2003, had been saving up for a new roof which can cost anywhere from $10,000 to $20,000, which Kish described as a hopeless effort sometimes despite the urgency. 

After hearing about constant leaks in the kitchen and into the outlets, a coworker of Kish’s at the Florida Department of State submitted his name to the

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South Bend Home Repair Program pays for roof, furnace replacements

SOUTH BEND — A city program will pay for major repairs to homes in poorer neighborhoods on the west and southeast sides.

Through South Bend’s Home Repair Program, homeowners in census tracts where at least a quarter of households live below the federal poverty line are eligible for up to $20,000 from the city to repair or replace their roof and furnace, according to Executive Director of Community Investment Caleb Bauer.

“A roof replacement helps preserve a home as a livable home into the future,” Bauer said. “It’s the No. 1 repair that can stop a home from degrading

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