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Five Costs First-Time Buyers Forget
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You saved for the down payment. Here are five costs that surprise almost every first-time buyer.
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First, closing costs. Lender fees, title and taxes add up, and they are due on closing day.
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Second, the inspection and appraisal. You pay for both before the house is yours.
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Third, moving itself. Trucks, boxes and time off work are not free.
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Fourth, the first repairs. Something always breaks in the first year.
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And fifth, filling the space. Save this, and ask your agent for real numbers in your area.
