Buying Secret # 5

The difference between renting and home ownership is the sleeper costs. Most people just focus on the mortgage payment, but they also need to be aware of the other expenses such as property taxes, utilities and homeowner-association dues. New home owners also need to be prepared to pay for repairs, maintenance and potential property-tax increases. Make sure you budget for sleeper costs so you’ll be covered and won’t risk losing your house.

29 May 2017
Author Tyson Properties

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