9 Hidden Home Maintenance Costs That Can Blindside First-Time Buyers

Home repair and maintenance is something most of us only think about when the roof starts leaking or the hot water heater goes on the fritz. That can be a very costly mistake. In fact, ignoring these costs leads many people into foreclosure. Here’s how to avoid that.

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Here are hidden home maintenance costs that first-time buyers often forget. The post 9 Hidden Home Maintenance Costs That Can Blindside First-Time Buyers appeared first on Real Estate News & Insights | realtor.com .

In addition to a down payment and closing costs, new homeowners should also budget for potential surprises such as a broken air conditioner and other maintenance costs. After buying a home in..

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You've saved up for a down payment and closing costs, so that's it. right? Here are hidden home maintenance costs that first-time buyers.

That’s 8 to 9 percentage. the hidden costs associated with buying and owning a home, including the ongoing responsibilities of maintaining it, is the No. 1 millennial homeowner frustration. It’s a.

As a first-time home buyer, you're probably thinking about how much money. Closing costs can add up to several thousand dollars on top of the down payment .. Expect to pay between 1% and 4% of the purchase price on maintenance and .

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But did you remember tree maintenance? Many first-time home buyers don’t, and if your property has older trees on the grounds, tree trimming or removal can cost a pretty penny. For instance, having a tree completely removed can average $4,000 or more. And if you want that pesky stump removed, too, expect to cough up several hundred more. 3.