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7 Common Mistakes of First-Time Homebuyers

7 Common Mistakes of First-Time Homebuyers

Katie McCaskey |

3. Underestimating Additional Costs

Just because you can afford your mortgage payment each month doesn’t mean that you can afford a home. You must also take into consideration closing costs, property taxes, home repairs and unexpected emergencies. In addition to these expenses, you should consider the costs of upkeep, including utilities, lawn care, security systems, pest control and annual maintenance.

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