municipality but some lenders may insist on including them with your mortgage payment. As a new homeowner, it would be wise to remember that monthly mortgage payments aren’t the only expenses that you’ll be paying. You will be paying property taxes, homeowner’s insurance, likely higher utilities plus maintenance costs. Therefore, you should ensure you have budgeted for all these items. Understand that once you have the house, it will become the focal point in your life. That means when you purchase that house, you’ll be investing in the surrounding community, as well. You’ll be commuting to work from that house; your kids will be going to school in that community and any other activities that your family will be involved in will revolve around that community. All these considerations should be in your mind before closing the deal. The buyer should also make a point of being involved. Real estate agents have a complicated job in getting their clients the best deal. Therefore, as a buyer, you should also make efforts to ensure you’re also part of the whole process and that you’re involved in every step of the deal.
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