If you’re a first time home buyer, you need to realize there are a lot of expenses that come with purchasing a house. Your monthly house payment will include three things – your mortgage payment, home owners insurance, and real estate taxes. Make sure you get your lender to let you know what that total will be. Also, don’t forget to calculate monthly utilities. It’s always a good idea to get the current owners to give you an estimate of what their utilities cost each month.
Do you need new paint-inside or outside? New floors? New landscaping? Make sure you take these expenditures into consideration before putting an offer on a home. Little costs here and there add up and you want to make sure you’re prepared. Nothing’s worse than buyer’s remorse involving a mortgage!
The Ashurst Group is a team of local real estate experts who want to help you with this very important decision. Give us a call, we’d love to help! 251-929-2150