Be prepared for all homeownership costs when looking for homes for sale in Brentwood.
Buying your first home is exciting! But, as you get started looking for homes for sale in Brentwood, ensure that you’re prepared for all the financial aspects that come with homeownership. While your mortgage payments are an important factor, it’s not the only financial element involved in buying a home. Check out what you need to know about these hidden home costs for first time buyers.
Closing Costs.
Once you find a home you love and your offer is accepted, remember that the home must go through the closing process. From inspections to repairs, usually, both the seller and the buyer split the costs. Calculate your closing costs into your budget so that you’re not hit with any surprise fees.
Insurance Premiums.
It’s important to protect your new home from disaster. When buying your new home, don’t forget about insurance premiums. Discuss with your insurance agent how much you should budget so that you have enough coverage to rebuild your home from the ground up in case of a disaster.
Furnishings.
Buying the home is only the beginning. While you may have furniture from your previous home, more square footage likely means that you’ll need to buy new furnishings. Ensure that you leave room in your budget so that you can comfortably buy a home and furnishings to go with it.
When it comes to looking for homes for sale in Brentwood, be ready for any hidden home costs. When thinking of making a move, Sit Down With A Stand Up REALTOR®. Contact The Fealkoff Team for all your real estate needs. We’re helping families in both the Conejo Valley and the Westside of Los Angeles, including Westlake Village, Thousand Oaks, Calabasas, Santa Monica, Brentwood and more.