Home Buying Advice

4 Homebuying Costs That Are Often Forgotten

Every potential homebuyer knows that they need to save money beyond just the down payment for closing costs, which generally total between 2% and 5% of the purchase price. Although closing costs include many of the various fees that are required to seal the deal on the home purchase, they don't cover them all. As a result, many buyers fail to budget for any additional costs that are incurred during the buying process. Keep reading to find out about some of the most common costs that you should expect to encounter while grabbing that dream home!