Buying Highlands NC Real Estate, Do You Know All Costs Involved?

Buying Highlands NC Real Estate, Do You Know All Costs Involved?

Meadows Mountain Realty, Highlands real estate experts

Are you buying Highlands NC real estate? If so, do you know all the costs involved? Of course, you are aware of the price of a home. However, there are additional expenses. Understanding the true costs of buying a home will help you better prepare financially. This will also help avoid any surprises at the closing table. Your Highlands NC REALTOR will be a valuable resource for helping you realize all of the costs involved with buying a home.

Contingency items add up

Many additional costs are associated with contingency items once under contract to purchase a Highlands NC home for sale. The inspection is one such item. There is no set home inspection price. As such this price will vary dependent on the size of a home. Additionally, extra services will cost. Mold or radon inspections, for example, will add to the price, for example. Other costs associated with contingencies include the appraisal, title work, and a survey. The good news is that you will have access to the reconciliation prior to closing, itemizing all costs associated with the home purchase.

Look into the future

A Highlands NC home purchase will have future expenses attached to it as well. Many homes are located in an HOA. If this is the case you will have HOA dues. You may also have club membership fees. Of course, maintenance and upkeep are other costs that will add up over time. The important thing is to budget accordingly, whether you are purchasing a primary residence or a vacation property.

Learn more about buying a Highlands NC real estate

Contact our team at Berkshire Hathaway HomeServices Meadows Mountain Realty today to learn more about buying a home in Highlands NC. We welcome the opportunity to update you on market conditions while answering all of your questions. Let our knowledge and experience serve as your guide to buying Highlands NC real estate.

Click here to read “The Extra Housing Costs: How to Prep Your Buyers” from REALTOR Magazine.