Hidden Fees to Be Aware of When Buying a Lake Havasu Property

Real Estate Agent with Coldwell Banker Residential Brokerage SA552583000

Purchasing a Havasu home is arguably one of the biggest financial decisions you will make in your lifetime. As you start your hunt, don't forget there will be other costs associated with your purchase (more than just the price of the home). Here are five "hidden fees" to keep in mind as you begin to budget.

Besides the actual sale price of the Havasu home in question and your down payment, buyers face several other "hidden fees" when buying a Lake Havasu property. Liz Miller Lake Havasu Az

Hidden Fees to Be Aware of When Buying a Lake Havasu Property

Home Inspection

Click here to search Lake Havasu homes for saleThis is a crucial step in the home buying process. The findings that come from the inspection can help you negotiate price and repairs. According to the Home Blue Contractor Network, you can expect to pay between $240 to $580 depending on the size of your home and its location.

Title Services

Title services encompass the transfer of the title from the seller and a thorough search of the property’s records. This ensures that no one will pop up with a claim to the property. Additionally, you may need to buy title insurance which will protect the lender or your investment in the home.

Appraisal Fee

Before getting a loan, you will likely be required to get an appraisal of the Havasu home to determine its estimated value. (Yet another one of the so-called "hidden fees".) This will be conducted by a third-party company. According to Manta, Lake Havasu City homeowners pay an average of $343 for an appraisal.

HOA Fees

Many communities have a homeowners’ association that enforces monthly fees. This money is used for general maintenance and updates to areas like pools, parks, and more. Typical HOA fees are around $200 per month.


The taxes each buyer pays at the closing table differ. But it is not uncommon for those fees to add up to two months’ worth of county and city property taxes. Additionally, there may be taxes for the transfer of the home title.


Liz Miller Lake Havasu Az 6862 Avenida De Los Foothills Lake Havasu City Az

Visit any of my Lake Havasu real estate sites below for more information on the Havasu market:

Homes for Sale in Havasu
Havasu Area Homes
Just Call Liz

Originally posted on my Lake Havasu real estate blog here: https://havasuareahomes.com/hidden-fees-to-be-aware-of-when-buying-a-lake-havasu-property/.

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Comments (1)

Richard Weeks
Dallas, TX
REALTOR®, Broker

Great information, thanks for sharing.  I hope you have a great day.

Apr 15, 2022 02:35 AM