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.