13 Extra Costs to Be Aware of Before Buying a Home

 


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Whether you're looking to buy your first home, or trading up to a larger one, there are many costs - on top of the purchase price - that you must figure into your calculation of affordability. These extra fees, such as taxes, costs for carrying 2 homes and other additional costs, could surprise you with an unwanted financial nightmare on closing day if you're not informed and prepared.

Some of these costs are one-time fixed payments, while others represent an ongoing monthly or yearly commitment. While not all of these costs will apply in every situation, it's better to know about them ahead of time so you can budget properly.

Remember, buying a home is a major milestone, and whether it's your first, second or tenth, there are many small but important details, not to mention stress and excitement, to deal with during the process. The last thing you need are unbudgeted financial obligations in the hours before you take possession of your new home.

To help homebuyers understand what these extra costs are, and in what situations they may apply, a free industry report has been prepared called "13 Extra Costs to Be Aware of Before Buying a Home".

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costly buyer mistakes and how to budget properly before you purchase your next home.

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  • If you are planning to make your move in the next 6 months or less, you'll need to organize yourself quickly. However, even within this short time frame, there are many issues you can address. Order Report #1.

  • If you think it will be longer than 6 months before you make a move, there are a greater number of issues you can address. Within this longer time frame, the choices that face you are a little broader. Order Report #2.

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Lucie Martel, Sales Representative
Jacques Martel, Broker of Record

16-5300 Canotek Road
Ottawa, ON, K1J 1A4


East End: 613-742-5057 West End: 613-727-5057
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Lucie Martel, Sales Representative. Jacques Martel, Broker of Record. 16-5300 Canotek Rd Ottawa,ON K1J 1A4
East End: 613-742-5057 West End: 613-727-5057 Fax:613-742-0073 Toll Free: 1-800-363-6242