The down payment is just the beginning 💰
Upfront costs may include:
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Earnest money
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Inspections
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Appraisal
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Lender fees
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Title fees
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Insurance
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Prepaid taxes
Closing costs often range from 2 to 5 percent of purchase price.
Then come moving costs, deposits, and initial maintenance.
Prepared buyers feel confident. Surprised buyers feel stressed.
Understanding the full picture makes homeownership feel exciting instead of overwhelming 🏡