When the time comes to buy a home, there are many more costs to consider than just the sales price itself. On top of the cost to buy, there are also three more “buckets” of money you’ll need to account for.
The first of these is your closing costs (which you can learn more about here). The second “bucket” includes your inspection and appraisal costs, and the third includes moving costs.
As for the actual expense of buying a home, there are many assistance programs out there that can help you put as little as 3% down.
The bottom line is to always plan for every one of these expenses. Otherwise, you might find yourself in financial dire straits by the time you’ve closed on your new home.
If you have any other questions, would like more information, or want to know how I can help with your next home purchase, feel free to give me a call or send me an email. I look forward to hearing from you soon.