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Additional Costs When Buying a Home
Additional Costs When Buying a Home
You've found the perfect house and can't wait to call it home. You've received your preapproval letter, and you know that the cost of the house is well within your budget. Finally, you're going to have the home you've been dreaming of for years.
Chances are that you've forgotten to factor in additional costs that are involved in purchasing a house. This can mean more money in out of pocket expenses. While you may not be able to foresee all the costs involved, you can plan ahead for things that may arise. This will make things less stressful for you during the home buying process.
Real Estate Agent Services
Having a real estate professional on your side during the home buying process can mean less stress for you. They have the experience and knowledge to save you time and money. When planning, don't forget to factor in the cost for their services. These fees are sometimes negotiable and taken out of the sale proceeds.
While these fees are normally covered by the home seller, there are times when the buyer's agent may have a contract with a buyer that provides for an additional percentage. Make sure you understand the terms ... more

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