Many potential buyers forging into home ownership consider the basic expenses: the mortgage, insurance, and real estate taxes. However, there are many other costs sometimes overlooked with the excitement of home ownership on the horizon. Here are a few other basic expenses to consider, many variable by nature:
1. HOA fees (if applicable)
2. Utilities, including electricity, gas, cable, satellite, Internet, etc.
3. Water and sewage (often billed together)
4. Trash and garbage collection
5. Repairs, upgrades and maintenance to the interior and exterior (painting, installing a deck,
new windows, etc.)
6. Landscaping and snow removal
Estimating all of your expenses before purchasing a specific home is a wise decision. http://www.sparksteam.com/
Monday, February 9, 2009
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