Buying a home is a major accomplishment, but it’s not without long term costs. Not only is there the initial expense of purchasing plus closing costs and a down payment, there’s the cost of maintaining the property.
Maintenance and repairs might be few and far in between if you purchase a fairly newer house in good condition. However, homes don’t stay new forever, and items eventually break and need replacing.
Some homeowners make the mistake of putting off repairs and maintenance for as long as they can. But ignoring a problem doesn’t benefit your pocket. A small issue can quickly turn into a big one, ultimately costing (more…)