Watch a lot of HGTV?
So youre probably beyond excited by the prospect of buying a house for the first time.
And youll wonder to yourself:How did I manage to watch so many HGTV marathons without realizing this?
Here are seven things no one tells you about buying your first house…
1.
Its Nothing Like House Hunters
Unless youre a millionaire, that is.
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
In other words, theHouse Hunters drinking gamewill not apply to your search…
2.
So youll become obsessed with making it better.
(Just like you side-eye the women who try on over-budget wedding dresses on #SYTTD.)
Or at least thats what it feels like.
Then, your realtor calls with the news youve been outbid by an ALL-CASH buyer.
I could get all that for only $600 a month?
Thats less than my rent payment!
Yes, except that its not.
Appraisals, inspections, closing costs and thats before you even move in.
Once youre a proud homeowner, youve got taxes and insurance and utilities on top of your mortgage payment.
Oh, and repairs…
7.
Your To-Do List Never Ends.
Ever
They say a boat is a hole in the water you throw money into.
A house is the same thing just on land.
When youre a renter, you just call your landlord if something breaks.
When youre a homeowner,yourethe landlord.
And the painter, plumber, landscaper, blown-fuse-finder and any other kind of thing-fixer youre forced to become…
Welcome to the American dream!
(Can you sense my millennial sarcasm there?)
You know which ones were talking about: rent, utilities, cell phone bill, insurance, groceries…
