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What costs are involved in owning a home in Maryland?
Expert advice from the right expert! Real estate & Mortgages
When it comes to expert advice about real estate, I’ve got you covered. I won’t say I know it all because real estate is complex, everyday I am learning something new. I will say if I don’t know & I’ll find the answer. My networking with industry professionals gives me many, many go to resources for example, mortgages, contactBridget McGee she’s my go to expert leder. Check out her post explaining the true cost involved in owning a home in Maryland.
Expert advice from the right expert! Real estate & Mortgages
What costs are involved in owning a home in Maryland?
 
I always tell my clients that it is important for them to determine what a COMFORTABLE monthly payment would be and not necessarily to purchase a home at the mortgage for which they can qualify.  These two numbers can vary WIDELY! When determing the true cost of home ownership it is a good idea to consider all costs.  This is a basic list that you may find helpful when budgeting for your new home.

 
1.     Mortgage : Principal and Interest payment.
2.     Property taxes which is based on your purchase price. ... more

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