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.