Seattle Real Estate News

Expenses to consider when buying a new house.

April 9th, 2017 9:08 AM by Sam Kader

Buying a home is an exciting venture but it also comes with risk and expense. Here are some facts about buying a house as well as some expert advice that can help you: 

a) Maintenance and repairs. Many home buyers do not factor in maintenance costs when they buy a home. Property without adequate maintenance can deteriorate over time. Keeping up a house to a high standard is long-term investment. When it comes time to sell, it is the well maintained property that sells first. 

b) Hire a buyer's agent. Buyer's agent (me) will represent and negotiate on your best interest. As your agent, I will point out if any items should be a concerned during inspection. Avoid any temptation to cut corners in an attempt to save money when buying a home. 

c) Expect overages if you intent to remodel. Older houses often need remodeling and buyers should pad an additional 25% over the repair budget for contingencies. There are always things that go wrong once you start tearing down the walls. Ask for me for Free home warranty!


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