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Yes, you should change the locks as soon as you can after completing the purchase of a house. This is a matter of privacy and security, as you have no idea how many copies of the keys the previous owner made. You can change the locks yourself or hire a pro to replace or rekey the lock, which costs $50 to $100.

Rekeying your own locks is a low-cost task that prevents you from having to replace the locks themselves completely. The first couple of times you rekey a lock may be challenging because this is an intermediate DIY task. You can purchase a rekey kit from most hardware stores, but make sure you’re buying the kit from the brand of lock in your home that you’re going to rekey. 

First, maintain composure and avoid forcing it further. Inspect the key to see if enough material remains exposed for extraction. Use pliers or tweezers to grasp and gently pull out the broken piece if possible. Lubricate the keyhole with a graphite-based spray to aid removal. If self-removal proves challenging or risks damaging the lock, seek a professional locksmith's assistance. They possess the necessary tools and expertise to extract the key without causing damage.

While a strong conventional deadbolt offers enough security for most homeowners, if you’re looking for extra features beyond just simple locking, smart deadbolts are the way to go. Smart deadbolts allow for keyless entry using your phone or a code, remote access in case someone is locked out, and features like temporary access codes, automatic locking, tamper alerts and entry-exit monitoring. Smart deadbolts also come with downsides: they rely on batteries and wireless networks and are potentially vulnerable to hacking by skilled home intruders.