What Questions Should I Ask When Buying A House ❲FRESH❳

Unlike renting, you are responsible for all maintenance. Unexpected issues like a failing water heater can occur shortly after moving in. Questions for the Real Estate Agent

This must include your down payment, closing costs (typically 2–7% of the purchase price), and monthly mortgage payments. A common guideline is to keep your mortgage payment under 25% of your monthly take-home pay.

It generally takes five years or more to break even on the costs of buying and eventually selling a property.