🐾 Harley’s Home Tips #8

The Hidden Costs of Buying a Home

Hi friends — Harley here 🐶🐾

So you’ve figured out what you can afford…

But here’s the part nobody talks about enough:

👉 The hidden costs of buying a home.

And trust me… they add up fast.

Let’s make sure nothing catches you off guard.

💰 Cost #1: Closing Costs

This is the big one buyers forget.

Typically 2%–5% of the purchase price

That includes:

• Loan fees
• Title & escrow
• Appraisal
• Insurance setup

👉 This is cash due at closing (unless negotiated)

🏡 Cost #2: Maintenance & Repairs

Homes don’t stay perfect.

Things break.

Things wear out.

Things will cost money.

Think:

• HVAC
• Roof
• Plumbing
• Appliances

👉 A good rule: budget 1–3% of home value annually

🔌 Cost #3: Utilities Are Different

Your payment might stay the same…

But utilities can jump depending on the home.

• Bigger house = higher bills
• Older home = less efficient
• Location matters

🛠 Cost #4: Move-In Costs

The first 30 days hit fast:

• Moving expenses
• Furniture
• Blinds / curtains
• Small upgrades

👉 These add up QUICK

📈 Cost #5: Property Taxes & Insurance Changes

Taxes and insurance can change over time.

• Reassessments
• Market changes
• Coverage updates

👉 Your payment today may not be your payment forever

🐾 Harley’s Bottom Line

Buying a home isn’t just about getting in…

👉 It’s about staying comfortable after you move in

Smart buyers plan for the full picture — not just the price tag.

If you’re thinking about buying in
Southwest Washington or Northwest Oregon, I’ll help you see the real numbers before you commit.

📞 360-261-2062
🌐 stephenburright.com

Paws up,
Harley 🐾