Hidden Home Buying Cost Save Big Money Know The Facts

Dated: May 29 2018

Views: 406

HIDDEN HOME BUYING COST’S

When you are buying a Home, it can be difficult enough to get pre-approved.  When your weighing in on Mortgage options and purchase price.  Here are a few details to consider.

Appraisal

Your lender will require an appraisal, and the appraisal fee (400-500) comes out of your pocket.

Inspection

The few hundred of dollars you’ll pay on a home inspection is money well spent.  But its something to keep in mind during the purchase process.  (this is not mandatory) However this can give you peace of mind knowing the “honey to do list” and any major issues, while your making a solid investment.

Insurance

Although homeowner’s insurance is most always added to the payment and put into your escrow account. this is something you will be asked to do right from the start.  TO shop around for.  Sometimes you will have to pay out of pocket expenses to get your payment where you want it. Changing your automobiles etc.

Home Owners Association

If your living in a property or community with shared spaces, you’ll most certainly have a HOA fee.  This pays for things like maintenance of common areas, and for recreational things.  Entrances of allotments and lights.

Moving Expenses

Its sometimes can cost you some money to turn Utilities on in your name.  Change over cable etc.  Keep in mind if your having a moving company help you.  I would save for this added expense otherwise you can start to get free boxes at local grocery stores, fruit stands and drug stores to help with your packing. 

Remember moving and expenses can add to your stress.  But really with the right TEAM in place it can cost very little, and we can help explain it further.  We just want you to be aware, so you can prepare and have knowledge of what can happen.   WE are here to help you have the very best experience

Ann Norton & Josh Twitchell 

Cutler Real Estate

330-412-9799   330-412-7413

Blog author image

Ann Norton

I am dedicated to you! I will give you a 100% all of the time day or night! I will get you the house you want for the price you want! I will sell your house and get it done quickly! I think outside th....

Want to Advertise on this Site?

Latest Blog Posts

Credit Tips To Get On The Right Path

Tip #1 ON- TIME  Paymentsstart today and commit to making every single payment on time, even if its just the minimum paymentset up a reminder in your phone, computer or pad and paper (2) weeks

Read More

Looking To Buy A HOME Even If Your Credit Is Not The Best We Can Help You

This is your Chance!!!  I want you to know that we want to help you get a HOME So we not only partner with the best but have the best right here for you!!we have lenders that will get

Read More

Thinking About Buying A HOME We Want You To Get The Most Equity Out Of A HOME

Want to Make a Move? Homeowner Equity is Growing Year-Over-YearOne of the bright spots of the 2020 real estate market is the growth in equity homeowners are experiencing across the country.

Read More

Easy Fast PreApproval

Want to be Pre-Approved👀? Need more info🤷‍♀️? We want to help you have the first steps to purchase a HOME! we help you not only be ready📃but be CREDIT READY...

Read More