What Every First-Time Homeowner Should Know
Posted by arhome realty on
what every first-time homeowner should know
Becoming a homeowner for the first time is an exciting milestone, but it also comes with responsibilities and challenges. Understanding the key aspects of homeownership can make the transition smoother and more enjoyable. Here are some essential things every first-time homeowner should know:
1. budget beyond the mortgage.
As a first-time buyer, it's typical to focus on your mortgage payment, but homeownership includes other costs such as property taxes, homeowners insurance, maintenance, utilities, and even furniture purchases after the closing. Be sure to also factor in extra closing costs that come on top of your down payment. Get an estimate from your lender and make sure you know what to expect…
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