Thursday, March 04, 2010 @ 4:28:00 PM
*When house hunting, first-time buyers are advised to create long-term budgets to help estimate costs of homeownership. Items such as taxes, insurance, utilities, closing costs, appraisal fees, escrow fees, homeowner’s insurance fees, and moving costs should be included in the budget
* A common mistake many home buyers make is being too close-minded while searching for a home.
To avoid this, home buyers should sit down with their REALTOR® and create a needs/wants list. The list should include items that are must-haves or deal-breakers, as well as those that are not necessary, but would be nice to have in the home.
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