Money Matters

Dated: 11/25/2017

Views: 10

Image title

Financial Commitments Extend Beyond Price of Home

When you begin searching for a home, most prospective buyers go into the process with an idea regarding the price range they can afford, however, according to many real estate experts, people often forget to factor in all the costs involved. 

In order to make sure you’ve accounted for everything, it’s important for buyers to make a list of all the expenses associated with purchasing a home and prepare themselves ahead of time for the money that is required once a new home is purchased.
When it comes to buying a house, there’s a lot more to worry about than just the price of the home. In addition to the mortgage and the interest that comes with it, buyers need to be ready for everything from taxes to insurance to the cost of maintaining the yard. 
When preparing a list of financial commitments, you should always begin with taxes. Property taxes can add hundreds of dollars to your monthly mortgage payment and can increase depending on school and town budgets. A home is normally taxed on its assessed value, an amount equal to a fraction of its appraised value. 

Continue Reading...

Blog author image

Luci Edwards

"As a seasoned REALTOR, I have been practicing real estate since 2005. My real estate experience was earned by real-life practicing, helping buyers and sellers with the acquisition and disposition of ....

Latest Blog Posts

How Bozeman Has Become Montanas Favorite Town Where Everyone Is Moving

For those that are visiting Bozeman, Montana, for the first time you may be surprised by the atmosphere of the city. One person who came to the town to look for work was told that it was a fancy

Read More

New Drive Through Grocery Store In Bozeman

Residents of Bozeman have a something to look forward to. A new way of shopping is coming to town. Now you can get that carton of milk or block of cheese you need without having to leave the comfort

Read More

The Bozeman Field School Is Bozemans Newest Private HS That Opened 2017

A new private high school opened last August in Bozeman. Interesting note high school kids most popular essay topic is to design a school. The private high school had been in the works for over two

Read More

Finance Tips for Young Parents

As a young parent, you may just be learning about all the responsibilities parenthood requires. When it comes to financial planning, setting your sight on the future can help immensely.Demolish.&

Read More