Wednesday, February 10, 2016

All the Hidden, Unexpected Costs of Buying a Home

All the Hidden, Unexpected Costs of Buying a Home


Your home is probably the most expensive thing you’ll ever own, and that expense goes beyond the closing price. There’s the cost of the house, but then there are other ongoing and upfront expenses that can catch you off guard. Especially if you’re a first time buyer, it helps to know what you’re getting into.
Zillow estimates that, on average, Americans pay about $9,000 a year in extra home ownership costs, but that varies depending on where you live, and how you buy. Some of these costs aren’t exactly “hidden” but they are commonly overlooked. Let’s take a look at them in detail.


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