/Last year I first put serious thoughts on buying home. We have been to this country for the last 7 years and have been renting ever since. I studied our Buy vs Rent situation and decided to hold off buying a home, till we save more money or, perhaps till we save enough money to buy without a mortgage. But, apart from home value, taxes, and closing costs, there are other hidden costs associated with a home. In this article, we will talk about these associated costs that you should also consider while buying your new home.
One of my colleagues is looking at a prospective home and we discussed the expenses he should pay, how much should the budget be?