riverside real estate agent: HOME BUYER’S HIDDEN COSTS
- 08/08/17 10:05 AM
Budgeting for buying a home can be difficult enough when you're just weighing mortgage options and a purchase price. But there are many other factors that go into the cost of home ownership. Some of them are one-time expenses that you'll pay during the home buying process, while others will be recurring costs for as long as you own the home.
Closing costs There are several smaller fees that add up to a rather large sum when you're going through the closing process-loan fees, attorney fees, underwriting fees, and more. They typically add up to 2-5% of the purchase price. For a $300,000 home-roughly (1 comments)
riverside real estate agent: Five tips for first-time buyers in Riverside Ca
- 10/13/16 03:58 AM
No matter how much time you spend on researching and educating yourself about your home purchase, it’s hard to cover every detail. Here are a few tips for avoiding rookie mistakes with your first home purchase. Save as early as you can: Even if you think you’re years away from buying your first home, try to start saving for your down payment. It makes a huge difference in your monthly payments, and helps avoid paying Private Mortgage Insurance. Be thorough with mortgage shopping: There are countless resources out there that can help you get the best terms for your mortgage. It (3 comments)