Lauren Francis | Realtor
https://www.laurenfrancis.ca/
The joy of buying a new home often comes with unexpected costs beyond the property's price tag. It's crucial to be aware of these additional expenses to ensure a smooth transition into your new living space.
Movers and Packing:
Hiring professional movers can be a significant expense, so obtain quotes from several companies and factor this into your budget.
Closing Costs:
Don't overlook closing costs, which include legal fees, land transfer taxes, and other miscellaneous expenses. Budgeting for these is essential to avoid financial strain during the closing process.
Inspections and Appraisals:
Home inspections and appraisals are necessary but come with associated costs. Be prepared for potential repair or improvement expenses based on inspection findings.
Utility Set-Up:
Setting up utilities may involve connection fees and deposits. Contact providers in advance to understand and budget for these costs.
Furniture and Décor:
Consider budgeting for new furniture and décor. Prioritize essential items and gradually enhance your living space over time.
Homeowners Insurance:
Securing homeowners insurance is crucial. Research and obtain insurance quotes in advance to budget for this necessary expense.
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