WHAT TO EXPECT WHEN BUYING YOUR FIRST HOME

Financial Considerations:

Initial Costs: Beyond the purchase price, anticipate expenses like:

Home Inspection: Typically costs $300 to $600 or more.

Legal Fees: Ranging from $500 to $1,500.

Moving Costs: Varying from $750 upwards, depending on movers or self-moving.

Ongoing Expenses: Post-closing, prepare for monthly payments like:

Mortgage: Paid bi-weekly or monthly.

Condo Fees (if applicable): Cover building maintenance.

Insurance: Home and mortgage protection.

Property Taxes: Calculated by home size and location.

Utilities: Water, hydro, internet, etc.

Home Maintenance:

Budget for unforeseen repairs like roofs, windows, plumbing, and more.

Factor in renovations while considering your budget and home's resale value.

Emotional Journey:

Buying a home is emotional; seek guidance from professionals for informed decisions.

Embrace the new chapter with support through the process.

Working with a trusted real estate agent ensures you're equipped for both the financial commitments and the emotional journey of homeownership.