There’s more to buying a home than your mortgage.

When planning for your purchase, be sure to budget for:

• Homeowners insurance
• Home maintenance
• Property taxes, and
• Utilities

When it comes to homeowners insurance, get quotes from more than one provider. This can help maximize savings.

Budgeting for home maintenance can be tricky, so, begin with the expenses you know you’ll have every year, like a furnace tune-up.

Remember that when budgeting for utilities, your costs can fluctuate from season to season, and

when it comes to property taxes, your real estate agent can be a helpful resource.

Ask them what your property taxes are, and how you can financially prepare for them.

Published with permission from RISMedia.