Article by Jennifer Taylor | GoBankingrates
Featured Expertise by Jason Gelios
You’ve spent years saving up a down payment, and you’re finally ready to buy a home. This is beyond exciting, but it’s important to go into the buying process fully aware of the expenses you’ll incur — and there are a lot of them.
Buying a new home is a big deal that requires a lot of checks and balances. This is a good thing, but it also means that plenty of people and paperwork will be involved, and none of it is free.
Many buyers make the mistake of believing they’re ready to start shopping for a new home as soon as they save up a down payment, but that’s just the beginning. Plenty of one-time costs are involved in the buying process, and beyond that, online mortgage calculators don’t always offer a realistic idea of a monthly payment.
Therefore, it’s important to do your homework before making an offer so you know what to expect. Keep reading to learn from several seasoned real estate agents the 10 hidden costs of buying a home.
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Jason Gelios is a Husband and Father. After that, a Top Producing REALTOR®, Author of the books 'Think like a REALTOR®' and 'Beating The Force Of Average', Creator of The AskJasonGelios Real Estate Show and Expert Media Contributor to media outlets across the country.