When you buy a house, there are a few certain expenses that always seem to sneak up on you.
If you’re buying a home, there are a few costs you may want to consider.
The first and most important is the down payment. Depending on the type of financing you use to buy the home, you could pay anywhere from 0% to 20%. There’s sort of a myth out there that you need to pay 20% to buy a home, but it’s simply not true. If you use an FHA loan, you only have to pay 3.5% down to buy the house. There are other programs for first-time homebuyers that only require you to pay $1,000 down.
To give you a clearer picture, we’d be happy to connect you with one of our loan experts to find out which type of financing is best for you.
Next, you should always think about moving expenses when buying a home. Moving expenses can be unexpectedly costly sometimes; you should expect to pay anywhere from $1,000 to $2,000 to pay a professional mover to move within the city. It largely depends on the size of the home. Here at Omaha’s Elite Real Estate, we actually offer a free moving truck to help you offset that cost.
Finally, don’t overlook the cost of furniture. Many people get so excited about moving into a new home that they forget about all the furnishings they’ll need to go along with it. You obviously don’t have to fully furnish your home right away, but we always recommend that you consider these costs when planning around moving into your new home.
If you have any other questions about the costs of buying a home or you’re thinking about selling your Omaha home, don’t hesitate to give me a call or send me an email soon. I’d love to help you!