Moving & Settling-In Costs Can Add Up for First-Time Home Buyer
Settling-in costs are another expense that will sneak up on you if you are not careful and budget for it. These may include but are not limited to carpet cleaning, painting, window treatments, appliances, landscaping, restocking a kitchen, furniture, insurance and utilities. When you are looking at homes to buy, keep these settling costs in mind. Take a notebook with you and write these possible costs down. It will help you plan and decide on which home will be the most cost effective for your budget. It may also give you some negotiating power depending on the market in which you live. If you are planning to buy a new-build, some builders will throw in incentive packages that will help to alleviate some costs like landscaping.
In any event, it is so important to do your research ahead of time. Set a budget and prepare yourself. The more prepared and informed you are, the less likely you are to lose money.
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