9 Hidden Home Maintenance Costs That Can Blindside First-Time Buyers

9 Hidden Costs of Selling a Home – Everything Finance – 9 Hidden Costs of Selling a Home. It’s easy to start looking at comparable home sales in the area and see dollar signs. If you’ve owned your home for a few years, you’ve likely built up equity in your home so it may look like you’ll make a sizable profit at closing.

Prepare yourself by knowing the less-obvious costs of owning a home. Insurance, maintenance and more add up faster than you think. Buyers too often focus on a home’s list price or mortgage payment to determine what they can afford. However, the numerous less-obvious costs associated with homeownership can affect the monthly bottom line.

9 Hidden Home Maintenance Costs That Can Blindside First-Time. – But did you remember tree maintenance? Many first-time home buyers don’t, and if your property has older trees on the grounds, tree trimming or removal can cost a pretty penny. For instance, having a tree completely removed can average $4,000 or more. And if you want that pesky stump removed, too, expect to cough up several hundred more. 3.

8 hidden home expenses All First Time Buyers Need to Know – 8 Hidden Home Expenses All First Time Buyers Need to Know. Your new home is the big investment. Planning for the ongoing and upfront expenses that are part of owning a home will protect that investment. In addition to your mortgage payment, you will pay on average around $1,200 a month in homeownership expenses.

7 Home Maintenance Tasks for Spring 2019 That Will Save You Later. – 7 Home Maintenance Tasks You Should Tackle This Season. 9 Hidden Home Maintenance Costs That Can Blindside First-Time Buyers.

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Hidden Costs That Surprise First-Time Home Buyers – Closing Costs. For example, the average sale price for a new home in May was $337,000, according to the U.S. Census Bureau. A 20% down payment on that sale price amounts to $67,400. On top of that $67,400 down payment, though, you would need between $6,740 and $16,850 to cover closing costs.

What you need to know about buying a canal boat and living on it – Living on a canal boat is becoming a serious option for many cash-strapped buyers struggling to get on the housing ladder. But it does not come without its drawbacks and raft of hidden costs. on.

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The Los Angeles home-buying guide – Buying a home can be a truly. specifically for first-time buyers. The disadvantage of making a low down payment is that, in most cases, you’ll be hit with private mortgage insurance payments that.

The hidden costs of owning a home in the 16 biggest cities in. – The hidden costs of owning a home in the 16 biggest cities in America. from insurance to taxes to maintenance, Zillow found in a previous report that nearly 40% of first-time buyers exceed.

The Costly Mistake Too Many Homebuyers Make After Watching HGTV – Many homebuyers, particularly first-time. buyers often limit their search to brand new homes only, assuming that maintenance on such properties is minimal, fixtures are updated, and everything else.