Two Expenses That Often Surprise New Homeowners – ThinkGlink

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No, what I’m talking about are the less obvious expenses – the ones that new homeowners probably aren’t thinking about when they sign the closing documents and get the keys to their new home. Here are some of those less obvious expenses that took me by surprise in the last year.

First time home buyer expenses. If after you account for all of these extra first time home buyer expenses, you can still make it work, then start packing and enjoy your new life in your ideal home. Extra expenses when buying a home is not always the first thing a first-time purchaser thinks about. None the less it is an important consideration.

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 · The home office tax deduction offers huge tax savings to those 24% of employed people who now do some or all of their work at home. Yet of all the tax breaks available, this one is among the most murky and misunderstood-all the more so since tax codes are changing big-time for 2018.

Review monthly home expenses. are often found in person rather than online. Do not discount the value of a real estate professional you can trust. They are experts in their field and will make.

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Six Hidden Expenses that Surprise New Homeowners You’ve sacrificed, scrimped and saved for the down payment on your first home. But have you saved for the whole new world of expenses that comes with home ownership?