http://cribbinrealy.com If you are looking to buy a new home make sure you know about the 12 extra costs that you should be aware of before you buying a new home.

1. 12 Extra Costs To Be Aware
Of Before Buying A Home

2. “ The last thing you
need are unbudgeted
financial obligations
cropping up hours
before you take
possession of your new
home. “

3. Your lending
institution may request
an appraisal of the
property which would
be your responsibility
to pay for.
1. Appraisal Fee

4. Depending on your
down-payment and
lender you may be
required to show proof
that you have paid your
taxes
2. Property Taxes

5. You may be required to
get an updated
property survey
3. Survey Fee

6. Home insurance covers
the replacement value
of your home
(structure and
contents)
4. Property Insurance

7. Any new utility that
services your hook
up, such as
telephone, cable, etc…
may require an
installation fee.
5. Service Charges

8. At the closing there will
be fees involved from
the title company that
processes your title
work and completes
the closing.
6. Title Closing Fees

9. Depending upon the
equity in your
home, some mortgages
require mortgage loan
insurance.
7. Mortgage Loan Insurance Fee

10. A mortgage broker is
entitled to charge you a
fee in order to source a
lender and organize the
financing.
8. Mortgage Brokers Fee

11. The cost for a
professional mover can
cost you in the range of
$50 - $100/ hour
9. Moving Costs

12. Condos charge monthly
fees for common area
maintenance such as
grounds keeping and
carpet cleaning in
hallways.
10. Maintenance Fees

13. If the home you
purchased is serviced
by a well, you should
consider having your
water checked by your
local experts.
11. Water Quality / Quality Certification

14. If the town you live in
has made local
improvements (such as
the addition of sewers
or sidewalks), it could
impact a property’s
taxes.
12. Local Improvements

15. For More Information …
Mike Cribbin Cribbin Realty
(314) 954-6500 Mike@CribbinRealty.com