BUYER BEWARE: 13 Extra Costs to be Aware of Before Buying a Bakersfield Home

Bakersfield, CA – Buying a home is a significant milestone, but it’s not just about the price tag on the property. Whether you’re a first-time buyer or upgrading to a larger home, there are many additional costs you need to budget for to avoid unexpected financial surprises on closing day.

Some of these costs are one-time fixed payments, while others represent ongoing monthly or annual commitments. While not all these expenses will apply in every situation, being aware of them can help you plan effectively and prevent unwelcome stress.

The Hidden Costs of Buying a Home

From taxes to maintenance fees, these added expenses can quickly add up. Without proper preparation, they might catch you off guard, potentially turning an exciting purchase into a financial strain. Here are a few common extra costs:

1. Property Taxes: Often included in your mortgage payment, property taxes vary depending on your location.

2. Home Inspections: A crucial step to identify potential issues with the property, costing a few hundred dollars.

3. Closing Costs: These typically include legal fees, title insurance, and transfer taxes, amounting to 2-5% of the home's purchase price.

4. Mortgage Insurance: If your down payment is less than 20%, this insurance protects the lender and adds to your monthly expenses.

5. Utility Adjustments: Paying for utilities such as gas, water, and electricity used by the seller before you take possession.

6. Maintenance Costs: Upkeep of your new home, including landscaping, HVAC servicing, or plumbing repairs.

Why Awareness is Key

Purchasing a home is an exciting journey filled with numerous details, from finding the right property to finalizing the deal. However, unexpected financial obligations can lead to unnecessary stress. Knowing these extra costs upfront ensures you’re fully prepared.

To make homebuyers aware of these potential expenses, we’ve prepared a free industry report titled “13 Extra Costs to Be Aware of Before Buying a Home.” This report covers all the hidden fees you might encounter, helping you budget properly for your next move.

Get Your Free Report Now

Don’t let hidden costs derail your dream of owning a home. Download our FREE Special Report today and take control of your home-buying experience.

• Visit www.TheNorrisGroupInc.com to access your free report.

• Call us toll-free at 1-888-601-3117 and enter 1008 to hear a brief recorded message about how to get your copy. Our lines are open 24/7.

Plan ahead and make your next move with confidence!