9 Hidden Home Maintenance Costs That Can Blindside First-Time Buyers

You've saved up for a down payment and closing costs, so that's it. right? Here are hidden home maintenance costs that first-time buyers.

9 Hidden Home Maintenance Costs That Can Blindside First-Time Buyers. Want to know what lies ahead? (Hey, it's better than being blindsided.) Check out.

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If you purchased a property for $200,000 then expect to pay 5% of $200,000 which is $10,000. So the $200,000 property has now cost you $210,000. These costs will affect the budget and your ROI, so it is imperative to remember to include them when calculating how much it costs to acquire a house to flip.

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9 Hidden Home Maintenance Costs That Can Blindside First-Time Buyers So you’re a first-time buyer who just closed the deal on your new home and moved in. Finally, you can breathe a deep sigh of relief.

photovs/iStockSo you’re a first-time buyer who just closed the deal on your new home and moved in. Finally, you can breathe a deep sigh of relief. After all, you managed to pony up a down payment, closing costs, and other sundry expenses. Provided you make your monthly mortgage payments, you’re fine and dandy on

First-time buyers should keep these expenses in mind.. these hidden homeownership and maintenance costs, according to a report by Zillow and Thumbtack.

To Pool or Not to Pool A traditional Thai-American couple want different things in their first home, but both agree that it needs good feng shui. The gallery faces a challenge finding a house that meets all the couple’s needs and wants. 9 Hidden Home Maintenance Costs That Can Blindside First-Time Buyers The surprise is inside!!! Highly.

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Given that almost half of home shoppers are first-time buyers, some of these costs may come as a surprise and will definitely have a meaningful impact on potentially tight household budgets. Determining how much you can afford is one of the most challenging aspects of home buying, especially for first-time buyers.