Mistake 3: Failing to consider additional expenses.

Even if you can afford the cost of a home, remember owning a house requires additional expenses a renter doesn’t have to pay. For example, homeowners have to pay for insurance against disasters, for home repairs and improvements and for property taxes. In addition, condominium owners are required to pay maintenance fees as part of the homeowner’s association. Be sure to make yourself away of the additional expenses of owning a home so you don’t find yourself in trouble after purchasing. NEXT Mistake 4: Being too picky.
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