Buying a house is expensive. Even a small home in a modest area is out of reach for many people. On top of the actual list price, there are a lot of hidden costs of buying a home. Compared to the house price these costs may seem small but they can still put a serious dent in a home buyer’s budget. According to the state’s laws, your lender’s terms, and your particular transaction, these hidden costs may vary. But below are some of the most common home buying hidden charges. Understand that these costs affect home buyers, not home sellers. In this article, we’ll be uncovering hidden home-buying costs you may not know about, including: Closing Costs Property Taxes Property Insurance and Private Mortgage Insurance Utility and Home Buying Bills HOA Fees and, Escrow Fees Without further ado, let’s jump into the hidden costs of buying a home. Closing Costs … Continued

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