The Hidden Costs of Buying a Home

Hello Chris - proper upfront preparation can be helpful.  Especially for first-time buyers but it can also be useful for those who may have previously completed a transaction.  Although there are some who are well-acquainted with the process, it's not something many, likely most, complete on a regular basis.  

Thanks Chris for sharing great info on home buying/qualification process!!!

Before buying your next home, make sure you’re financially prepared beyond the down payment. Closing costs, inspections, appraisals, and even moving fees can surprise first-time buyers. On average, closing costs run 2–3% of the purchase price.

Good morning Chris. Hidden costs can be deal killers. We recently bought a home in a town where they have a 3% tax on the total purchase price payable by the buyer. Guess what, the listing agent, selling agent and title company were unaware until closing. Then the HOA wanted 3 months of assessments as a membership buy in. Again everyone were clueless. Could have been a deal killer. As far as using those agents in the future, they are dead to me. Enjoy your day.

Good Wednesday morning, Chris. This is good information to share with prospective home buyers.

Hello Chris Dunham very valuable educational report for the hidden costs of buying a home.