Six Hidden Expenses that Surprise New Homeowners You’ve sacrificed, scrimped and saved for the down payment on your first home. But have you saved for the whole new world of expenses that comes with home ownership?
According to Zillow, closing costs will run you an extra 2% to 5% of the home purchase price. So if you’re buying a $200,000 home, expect to spend between $4,000 and $10,000. So if you’re buying a $200,000 home, expect to spend between $4,000 and $10,000.
First-time homebuyers are always excited about buying a house they can call a home but there are a lot of fees and expenses most new homeowners do not plan for.
Two Expenses That Often Surprise New Homeowners – ThinkGlink Buying A New House Is Not Cheap: Expenses Not To Forget When Buying A New House. We looked for a new home for almost 1 1/2 years, looking at both new construction and existing homes. After countless open houses, model homes, real estate agents and a lot of number crunching we finally bought a new construction house just down the road from where we lived.
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Two expenses that often surprise new homeowners. Most buyers don’t consider these big costs when calculating expenses for their home. Q: I have a suggestion that I would like you to share with your readers. I live in a community in which at least two newcomers bought the biggest house they could afford. Being inexperienced,
These extra costs often take first-time homebuyers by surprise. From property taxes to basic maintenance like lawn care, homeowners can spend between $7,000 and $16,000 a year. Two expenses that often surprise new homeowners. Most buyers don’t consider these big costs when calculating expenses for their home.
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Hidden Costs of New Homes that burn home buyers. A new home’s maintenance costs should be minimal; its construction materials, systems and appliances should be up-to-code and energy efficient; the floor plan and amenities should meet the needs of modern buyers, and the home should be move-in ready – or so they reason.
· Over the past two years, the New york times series paying Till It Hurts has examined the high costs of ordinary medical care in the United States,