cost of home ownership: What is the True Cost of Home Ownership? - 09/08/10 07:53 PM
What is the True Cost of Home Ownership?
Most potential homeowners begin their planning with the down payment and monthly mortgage amount in mind. It's an excellent start but anyone who is planning on buying a home needs to be ready to take on the total costs and look beyond the mortgage payment.
If you want to effectively determine a home's affordability you also need to consider the following:
Real Estate Taxes Insurance Home Owners' Association Fees Landscaping Maintenance costs Electric Bill Gas or oil expense Trash removal charge Water & sewer bill Snow plowing costs Miscellaneous expenses There is no obligation in … (59 comments)
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cost of home ownership: What is the True Cost of Home Ownership in Massachusetts? - 02/27/10 06:46 PM
What is the True Cost of Home Ownership in Massachusetts?
As a home buyer in Massachusetts you will need to know the total upfront costs of maintaining a home. After all, this will be part of your total monthly budget as an owner. In order to effectively determine a home's affordability you will need to determine the following information:
Monthly mortgage payment Taxes Insurance Landscaping Maintenance Electric Bill Gas or oil expense Trash removal expense Water & sewer bill Snow plowing costs Miscellaneous expenses There is no obligation in Massachusetts for the seller to provide the costs of utilities to … (5 comments)
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