Top 5 Hidden Cost of Homeownership

26/08/2024 15 min Temporada 2024 Episodio 14

Listen "Top 5 Hidden Cost of Homeownership"

Episode Synopsis

In this episode, Athena Chilicas Barrocas of Coldwell Banker Realty and Julie Dinda of Radius Financial Group discuss the pressing issue of affordability in the current housing market and the five hidden costs associated with home ownership. They cover topics such as down payment, private mortgage insurance (PMI), closing costs, property taxes, homeowners insurance, and maintenance and repairs. The conversation emphasizes the importance of budgeting and being aware of these costs to make informed decisions when buying a home.
"Many first-time home buyers focus solely on the purchase price, but there are several other costs that can really add up and add up fast."