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Old 05-24-2007, 04:00 PM
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Default True Cost of Owning a Home

The True Cost of Owning a Home
Your mortgage payments are only a fraction of what you'll pay once you move into a house.

By Cameron Huddleston

May 24, 2007

If you're entertaining thoughts of buying your first home now that the housing market is cooling off and prices are coming down, take note: The cost of home ownership might be a lot more than you think.

I'm not talking about the down payment or monthly mortgage payments. Although buying a home is a big investment, owning one comes with a new set of expenses you may not have had while renting or living with Mom and Dad. These extras can put a strain on your daily finances if you aren't prepared.

Read the rest The True Cost of Owning a Home - Kiplinger.com

Last edited by jeffrey : 05-27-2007 at 02:08 AM.
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