12 Hidden Costs of Homeownership

[jeffrey]

As the spring season gets underway, many Americans will be looking to take advantage of the lower real estate prices, attractive mortgage rates, and federal tax credit by purchasing a home. But remember: Not all of the costs associated with homeownership are reflected in the listed price. Indeed, many buyers—particularly first-time buyers—may be surprised by the amount of cash they'll need to set aside for housing-related expenses that they hadn't previously considered. These often-overlooked expenses can include everything from title insurance to lawn mowing. To give would-be home buyers a better sense of the budget they'll need to buy and maintain a home, U.S. News spoke with a handful of real estate experts and compiled a list of 12 hidden costs of homeownership...

12 Hidden Costs of Homeownership - US News and World Report

[graceful]

So very, very true!

[PetMom]

Great, clearly written article on the realities and costs of home ownership.

Should be required reading for every overly excited home buyer on what to expect
and save for.

And for those realizing it is too much and miss that easy apartment living - a
reminder of the expenseshassles they are leaving behind.