Beyond the Mortgage Payment
Posted by Elizabeth Dennis on December 30, 2009 | No Comments
An essential, eye-opening look at planning for the associated costs of home ownership (i.e. those beyond the monthly mortgage payment). Learn how much in savings homeowners should have for maintenance and unforseen expenses. See how the initial home inspection report can be a useful guide for budgeting home projects. Also included is a quick list of those regular monthly expenses new to former renters.
From the resource: “The cushion (for improvements and surprise expenses often isn’t easy for first-time home buyers to have — especially after they’ve scrimped and saved for their down payment. And there are many first-time buyers in the market now, due to affordable prices, low interest rates and a federal tax credit.
Source: MarketWatch
See if you are ready to buy a home at Newbuyer.com.
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Tags: budgeting, home buying tips
Filed Under: Home Buying
