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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
!
Save
Posted in:
closing costs, Home Maintenance, first-time homebu
and tagged:
Home Maintenance
closing costs
first-time homebuyers
Posted by Sam Kader on April 9th, 2017 9:08 AM
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