Hidden Costs of Buying a Home in Houston | Charles White, Realtor
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Hidden Costs of Buying a Home in Houston
What hidden costs should first-time homebuyers in Houston be aware of before closing on a home?
When you’re buying your first home in Houston, it’s easy to focus on the down payment and monthly mortgage. But if that’s all you budget for, you may get caught off guard. Beyond the purchase price, there are several hidden costs buyers often overlook. Here’s what you need to know to avoid surprises.
Closing Costs
Closing costs typically range from 2–5% of the purchase price and cover things like lender fees, title insurance, and escrow services. In Houston, it’s common for buyers to be responsible for a significant portion of these expenses.
Tip: Ask your Realtor to negotiate seller…
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