The Real Cost of Owning a Home in Salt Lake

Ever thought about the real cost of owning a home in Salt Lake? Trying to figure out exactly what it will cost each month as you prepare for home ownership?

Here is a great article that might help you. It was written for Realty Times by Jamie Nacrie and talks about expenses you may encounter as you convert from renter to property owner.

Things like:

• Principal and interest
• Insurance
• Taxes
• HOA Dues
• Upkeep
• Maintenance
• Landscaping   

Enjoy:

 So How Much Does a Home Cost Per Month, Anyway?

Big, colorful ads that promote mortgage payments for just $900 month are enticing, especially for first-time buyers. After all, that's probably less than many people are paying in rent. But as anyone who's bought a home knows, that $900 payment is probably just principal and interest. In other words, it's only a portion of what you'll pay every month. So how much does it cost to buy a house, anyway?
Full Story: 

I hope you enjoyed Jamies article, and are in a better position to manage your money moving forward, or in many cases, re evaluate the amount of home you can afford to pay for on a monthly basis.

One thing for sure, You will have a better understanding of the real cost of owning a home in Salt Lake.

Want more information? Call me; Gordon Sloan 801-567-0946