Don’t Forget These Costs When Buying a Home

By Michelle Tjomsland

October 13th, 2014

The first step to buying a new home is to visit a lender and make sure you qualify for a loan.  I always tell my buyers that what you qualify for and what you can afford are two different things!

Be sure to look for a monthly payment you are comfortable with even more than what you are qualified for unless you want to be house poor.  You may still want to put money aside for a family vacation or maybe you like other toys, like snowmobiles!  I guarantee you’ll want new rugs and furniture in that new house as well.  This article is a good reminder of some of the other expenses that come along with buying a house in addition to that down payment and monthly mortgage.

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Don’t Forget These Costs When Buying a Home – Buy – realtor.com.

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