Do they really know the true cost of home ownership. I have personally helped thousands of clients buy and sell real estate all around the country. Most people never look at the true cost of home ownership. Many people think that coming up with a down payment was the greatest financial hurdle you’d face, but as you’ll soon come to learn, there are numerous expenses associated with the cost of home ownership. Here’s how to handle them. 1. Create a new budget Given that your monthly mortgage payment is bound to differ from your previous rent payment or mortgage payment of the smaller home, it might seem like a no-brainer that you’ll need to adjust your budget accordingly. But there’s more to it than that, because you may find that the cost of home ownership can change by virtue of your new home. For example, if you move from a […]Read More
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