Transitioning from a renter to homeowner is a significant economic milestone for many, though it isn’t always a smooth one. Purchasing a home entails a degree of planning and research, particularly if it’s your first time.
Numerous first-time homeowners usually forget that there are more costs involved in purchasing a home than mere property costs.
You must also consider hidden costs such as maintenance. However, these costs shouldn’t put you off from being a homeowner. If you don’t want your fist home to become an economic nightmare, don’t forget these costs.