We’ve all done it. We see a home that matches all of our “have to haves.” We go to an online mortgage calculator and figure out if we can afford it. A number appears and our smiles broaden. It’s doable! But, not so fast. There are additional costs that won’t show up in a mortgage calculation.
Before you start looking, it’s a good idea to become familiar with the other costs that will come with your new home purchase. From inspection fees, to insurance, utilities, maintenance, renovations and more, things can add up, affecting affordability. Realtor.com offers a great look at the potential extra costs. For more help pinning down the numbers that work for you, contact Vanguard Realty Associates. Our team can guide you to the perfect home at your perfect price!