Buying a home can be super exciting, but its important to stay level headed and not get sucked into something you cant afford, here are a few costs to consider when buying a home.
- Mortgage payments
- Private Mortgage Insurance (If your down payment is less than 20 percent of the home's price, you usually are required by the lender to take out a private mortgage insurance policy.)
- Property taxes.
- Utilities. (Once you find the right house, ask the seller for a record of a year's worth of utility bills.)
-Maintenance. (When you own a home, there's no landlord to call if it needs repairs.)
If you’re looking to buy and need some guidance, lets talk!
Shay Tanton | 403.993.5882