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I think people get caught up a lot in the home-buying process that they don't think about the immediate costs after owning it. There are lots of threads and guides about what to look for when home-buying and the closing costs and such, but what surprises me more are the little-known costs.

I'm not talking about the mortgage payments and property taxes or furniture, kitchenware, and moving costs, which I think most people already have in mind. I'm not talking about any long-term costs of repairs and maintenance, either.

I'm talking about stuff that can set you back a couple thousand dollars within one year of owning the house like:

  • Home security/alarm system (or setting up your own)

  • Blinds for the windows

  • Perhaps an underground sprinkler system

  • Costs of replacing old water heater that's nearing its end 6 months after buying the home

What are other little-known costs like these?



Submitted September 17, 2017 at 06:53PM by erinhayth http://ift.tt/2f45tE0

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