{"id":3251,"date":"2023-09-11T08:27:07","date_gmt":"2023-09-11T12:27:07","guid":{"rendered":"https:\/\/www.deeds.com\/articles\/?p=3251"},"modified":"2024-04-25T23:17:33","modified_gmt":"2024-04-26T03:17:33","slug":"first-time-buyers-get-ready-for-these-extra-costs","status":"publish","type":"post","link":"https:\/\/www.deeds.com\/articles\/first-time-buyers-get-ready-for-these-extra-costs\/","title":{"rendered":"First-Time Buyers, Get Ready for These Extra Costs"},"content":{"rendered":"\n<figure class=\"wp-block-image aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"318\" src=\"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2023\/09\/extra-costs-for-first-time-home-buyers-1024x318.jpg\" alt=\"\" class=\"wp-image-3252\" srcset=\"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2023\/09\/extra-costs-for-first-time-home-buyers-1024x318.jpg 1024w, https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2023\/09\/extra-costs-for-first-time-home-buyers-300x93.jpg 300w, https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2023\/09\/extra-costs-for-first-time-home-buyers-768x238.jpg 768w, https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2023\/09\/extra-costs-for-first-time-home-buyers.jpg 1531w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Seriously? Ordinary home expenses now cost the average homeowner more than $14K every year? That\u2019s above and beyond the owner\u2019s <a href=\"https:\/\/www.deeds.com\/articles\/our-mortgage-loans-how-they-became-what-they-are-today\/\">mortgage loan<\/a> payment, according to Zillow and the home improvement estimate company Thumbtack, in their 2023 study.<\/p>\n\n\n\n<p>Mortgage interest and high property values aren\u2019t the only price a buyer pays. And the totality of homeownership costs can take first-time buyers by surprise.<\/p>\n\n\n\n<p>Ordinary costs of owning a residence include repairs and maintenance, as well as the inevitable utility charges, property taxes, and insurance premiums.<\/p>\n\n\n\n<!--more-->\n\n\n\n<h2 class=\"wp-block-heading\">What Could Possibly Go Wrong? (A Home Maintenance Checklist)<\/h2>\n\n\n\n<p>Home repairs and maintenance add up to the most unpredictable costs for first-time homebuyers. As of 2023, a year\u2019s worth of home maintenance costs $6,500 \u2014 a few hundred dollars more than last year\u2019s average. And that\u2019s just an average. For some new owners, the surprises just keep coming.<\/p>\n\n\n\n<p>Yes, becoming a homeowner is a revelation. Especially when a home sale is not contingent on the seller paying for any needed repairs \u2014 but even when the buyer thought all the needed work was done! Suddenly, knowing where to find trustworthy local contractors makes a world of difference. Here\u2019s why:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>If there\u2019s a fireplace, you\u2019ll need a chimney inspection and possible cleaning about once every two years. The cost per visit could be <strong>$200<\/strong>, but depends on whether a cleaning is needed or not, and whether a homeowners\u2019 association covers the bill.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>If the homeowner is responsible for the exterior, then roof and gutter replacement can go over <strong>$10,000<\/strong>. Pressure washing for a home that needs it will create a large water bill in addition to the worker\u2019s hourly rate.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>For small repairs, tools, and paint touchups, an owner could expect to spend <strong>$500-1000<\/strong> each year.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>New flooring (including removal of any damaged subflooring) could easily cost <strong>$5000.<\/strong><\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>An HVAC replacement, if needed, could cost more than <strong>$9,000<\/strong>.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Replacing a garage door motor could cost more than <strong>$500<\/strong>. Adding new remote controls and other garage door gear could double that.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Need to install a water softener system? Count on spending at least <strong>$1,500.<\/strong><\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Unless the appliances are new, you\u2019ll need to budget for replacing them as they give out. Prices vary considerably, and going cheap is usually not the best decision in the long run.<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Water damage on or around a door or a deck? The tab could be <strong>$5,000.<\/strong><\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Need a new dehumidifier and\/or fans? You might spend around <strong>$250.<\/strong><\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A plumber\u2019s visit could be around <strong>$300.<\/strong><\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Landscaping and tree-trimming can cost around <strong>$200 monthly.<\/strong><\/li>\n<\/ul>\n\n\n\n<p>If new windows are needed, or new circuit breakers or wiring\u2026 well, you get the picture.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Home Warranties: Yay, or Meh?<\/h2>\n\n\n\n<p>A buyer receives a home inspection report, and that spells out the fixes that must happen sooner rather than later.<\/p>\n\n\n\n<p>It\u2019s pretty common for a seller to want to conclude the transaction, and many sellers offer to toss in a home warranty to get the deal done. Buyers might want to ask for money off the sale price instead.<\/p>\n\n\n\n<p>A home warranty is typically good for the first year of home ownership (renewable if the buyer so chooses). Home warranty companies tend to push repairs and avoid replacing old appliances or systems. This tendency on the part of warranty companies very often just puts costs off, and can make them worse. And when they send out repair people, most of these companies charge the homeowner co-payments\u2014not only for each visit, but for each specific job ticket.<\/p>\n\n\n\n<p>The policies tend to be full of limitations. For example, the repair person might demand proof of regular maintenance before carrying out the work.<\/p>\n\n\n\n<p>Of course, these policies vary and we can\u2019t paint them all with the same brush. The point is not to expect home warranty policies to take care of all surprise repair costs throughout the first year of ownership. They usually don\u2019t.<\/p>\n\n\n\n<p>Need more information about home warranty policies? Check out the <a href=\"https:\/\/www.usnews.com\/360-reviews\/services\/home-warranty\" target=\"_blank\" rel=\"noreferrer noopener\"><em>US News<\/em> \u201cBest Home Warranty Companies\u201d comparison chart<\/a>, updated in August 2023.<\/p>\n\n\n\n<p><em>\u261b <\/em><strong><em>Another major expense can be homeowners\u2019 insurance \u2014 especially in <\/em><\/strong><a href=\"https:\/\/www.deeds.com\/articles\/climate-risks-and-insurance-the-struggle-continues\/\"><em>disaster-prone areas<\/em><\/a><strong><em>. Homeowners should watch for deductibles and coverage limitations. There\u2019s a lot to be said for getting insurers\u2019 estimates before buying!<\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Furnishings: Thinking Outside the Box<\/h2>\n\n\n\n<figure class=\"wp-block-image alignright size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"276\" height=\"370\" src=\"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2023\/09\/furnishings-thinking-outside-the-box.jpg\" alt=\"\" class=\"wp-image-3253\" srcset=\"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2023\/09\/furnishings-thinking-outside-the-box.jpg 276w, https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2023\/09\/furnishings-thinking-outside-the-box-224x300.jpg 224w\" sizes=\"auto, (max-width: 276px) 100vw, 276px\" \/><\/figure>\n\n\n\n<p>Furnishings add up to another cost of moving into a new home. This has to be on the checklist, because who doesn\u2019t need some number of new furnishings during the satisfying task of personalizing a new home\u2019s interior?&nbsp;<\/p>\n\n\n\n<p>But this spending category can be a great place to make moves that offset spending, too. Because more and more, people are finding alternatives to ordering new home goods.<\/p>\n\n\n\n<p>For example, indoor flea markets are popular draws. And the internet makes them so easy to find. Or run a local yard or estate sale search. Options will come up for automatic alerts for sales at local homes.<\/p>\n\n\n\n<p>Shopping at garage sales may not be the solution for a run-down dishwasher, but the opportunities to find paintings, bedding, lamps, rugs, and kitchen gadgets is endless. While yard sales are hit-or-miss, they\u2019re still a fun element of interior decoration. And estate sales can be treasure troves.<\/p>\n\n\n\n<p><em>\u261b<\/em><strong><em>&nbsp;Check out these 4 tips for <\/em><\/strong><a href=\"https:\/\/www.deeds.com\/articles\/buying-just-what-you-can-afford-four-ways-to-make-your-home-feel-wonderful\/\"><em>making a home feel wonderful<\/em><\/a><strong><em> without spending a bundle.<\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Reserve Funds: The Power of Cash on Hand<\/h2>\n\n\n\n<p>There\u2019s a good reason your mortgage lender didn\u2019t want you to spend all your money on the down payment. Cash reserves are critical for a new homeowner. We hope this article makes that point indisputable.<\/p>\n\n\n\n<p>Cash reserves are funds that the owner keeps to one side for unexpected but necessary spending. Often, they\u2019re for unplanned maintenance. They can also save the day when a homeowner faces unexpectedly high taxes, <a href=\"https:\/\/www.deeds.com\/articles\/climate-risks-and-insurance-the-struggle-continues\/\">insurance premium hikes<\/a>, special assessments from a property\u2019s association, health expenses or home conversion needs, or even disaster remediation. &nbsp;<\/p>\n\n\n\n<p>A common mistake of the first-time buyer is to budget for the mortgage loan\u2019s principal and interest rate, without clarity on all the extras that add up in a new home. This can lead to financial stress. Home buyers should take care to maintain ready funds in an account to cover the unexpected. For every $100K in the home price, a mortgage consultant might tell you, expect to have at least $5K in reserve. Of course, a buyer needs more than that if the home requires a new HVAC system, a roof replacement, or significant restoration.<\/p>\n\n\n\n<p><em>\u261b<\/em><strong><em> Be sure to check the county deed records right up to closing day and beyond. A seller\u2019s local city or county taxes can create a <\/em><\/strong><a href=\"https:\/\/www.deeds.com\/articles\/the-tax-lien-cometh\/\"><em>tax lien<\/em><\/a><strong><em> on the buyer\u2019s real estate title, creating an unexpected cost.<\/em><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The Takeaway This Time? Savings Are Crucial<\/h2>\n\n\n\n<p>John Joclebs Bassey wrote, \u201cSaving is the foremost financial education we need, not finance.\u201d When we\u2019re buying a home, we do need finance \u2014 but we need savings, every bit as much.<\/p>\n\n\n\n<p><strong>Supporting References<\/strong><\/p>\n\n\n\n<p class=\"has-small-font-size\">Kate Dore, CFP\u00ae <a>CNBC LLC, a division of NBCUniversal, via <em>CNBC.com<\/em>: <\/a><a href=\"https:\/\/www.cnbc.com\/2023\/09\/01\/here-are-3-of-the-top-costly-surprises-for-first-time-homebuyers.html\" target=\"_blank\" rel=\"noreferrer noopener\">Here Are Three Costly Financial Surprises for First-Time Homebuyers \u2014 And How to Prepare for Them<\/a> (Sep. 1, 2023).<\/p>\n\n\n\n<p class=\"has-small-font-size\"><em>Deeds.com<\/em>: <a href=\"https:\/\/www.deeds.com\/articles\/when-your-seller-offers-you-a-home-warranty-instead-of-repairs\/\">When Your Seller Offers You a Home Warranty \u2013 Instead of Repairs<\/a> (Feb. 5, 2021).<\/p>\n\n\n\n<p class=\"has-small-font-size\">And as linked.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-small-font-size\"><strong>More on topics: <\/strong><a href=\"https:\/\/www.deeds.com\/articles\/omg-these-unbearable-housing-costs\/\">Housing costs<\/a><strong>, <\/strong><a href=\"https:\/\/www.deeds.com\/articles\/buying-a-house-how-much-do-i-budget-for-repairs\/\">Budget for repairs<\/a><\/h3>\n\n\n\n<p class=\"has-small-font-size\">Photo credits: <a href=\"https:\/\/www.pexels.com\/photo\/woman-counting-money-5900167\/\" target=\"_blank\" rel=\"noreferrer noopener\">Karolina Grabowska<\/a> and <a href=\"https:\/\/www.pexels.com\/photo\/wood-restaurant-fashion-man-6827337\/\" target=\"_blank\" rel=\"noreferrer noopener\">Tima Miroschnichenko<\/a>, via Pexels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seriously? Ordinary home expenses now cost the average homeowner more than $14K every year? That\u2019s above and beyond the owner\u2019s mortgage loan payment, according to Zillow and the home improvement estimate company Thumbtack, in their 2023 study. Mortgage interest and high property values aren\u2019t the only price a buyer pays. And the totality of homeownership [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[131],"tags":[317,309,315,310,311,312,189,314,191,313,316,318,319,288],"class_list":["post-3251","post","type-post","status-publish","format-standard","hentry","category-real-estate","tag-cash-reserves","tag-first-time-buyers","tag-furnishings","tag-hidden-costs","tag-home-maintenance","tag-home-warranties","tag-homeownership","tag-insurance","tag-mortgage","tag-property-taxes","tag-savings","tag-thumbtack","tag-unexpected-expenses","tag-zillow"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>First-Time Buyers, Get Ready for These Extra Costs - Deeds.com<\/title>\n<meta name=\"description\" content=\"Uncover the hidden costs of homeownership that first-time buyers often overlook. From unexpected maintenance costs to the nuances of home warranties, discover what truly goes into owning a home.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.deeds.com\/articles\/first-time-buyers-get-ready-for-these-extra-costs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First-Time Buyers, Get Ready for These Extra Costs - Deeds.com\" \/>\n<meta property=\"og:description\" content=\"Uncover the hidden costs of homeownership that first-time buyers often overlook. From unexpected maintenance costs to the nuances of home warranties, discover what truly goes into owning a home.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.deeds.com\/articles\/first-time-buyers-get-ready-for-these-extra-costs\/\" \/>\n<meta property=\"og:site_name\" content=\"Deeds.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/deedsrealestate\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-11T12:27:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-26T03:17:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2023\/09\/extra-costs-for-first-time-home-buyers-1024x318.jpg\" \/>\n<meta name=\"author\" content=\"Deeds.com\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@RealEstateDeeds\" \/>\n<meta name=\"twitter:site\" content=\"@RealEstateDeeds\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Deeds.com\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/first-time-buyers-get-ready-for-these-extra-costs\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/first-time-buyers-get-ready-for-these-extra-costs\\\/\"},\"author\":{\"name\":\"Deeds.com\",\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/#\\\/schema\\\/person\\\/8e0eeca72de74094ddaa30fc54159b6b\"},\"headline\":\"First-Time Buyers, Get Ready for These Extra Costs\",\"datePublished\":\"2023-09-11T12:27:07+00:00\",\"dateModified\":\"2024-04-26T03:17:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/first-time-buyers-get-ready-for-these-extra-costs\\\/\"},\"wordCount\":1220,\"publisher\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/first-time-buyers-get-ready-for-these-extra-costs\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/extra-costs-for-first-time-home-buyers-1024x318.jpg\",\"keywords\":[\"Cash Reserves\",\"First-Time Buyers\",\"Furnishings\",\"Hidden Costs\",\"Home Maintenance\",\"Home Warranties\",\"Homeownership\",\"Insurance\",\"Mortgage\",\"Property Taxes\",\"Savings\",\"Thumbtack\",\"Unexpected Expenses\",\"Zillow\"],\"articleSection\":[\"Real Estate\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/first-time-buyers-get-ready-for-these-extra-costs\\\/\",\"url\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/first-time-buyers-get-ready-for-these-extra-costs\\\/\",\"name\":\"First-Time Buyers, Get Ready for These Extra Costs - Deeds.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/first-time-buyers-get-ready-for-these-extra-costs\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/first-time-buyers-get-ready-for-these-extra-costs\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/extra-costs-for-first-time-home-buyers-1024x318.jpg\",\"datePublished\":\"2023-09-11T12:27:07+00:00\",\"dateModified\":\"2024-04-26T03:17:33+00:00\",\"description\":\"Uncover the hidden costs of homeownership that first-time buyers often overlook. From unexpected maintenance costs to the nuances of home warranties, discover what truly goes into owning a home.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/first-time-buyers-get-ready-for-these-extra-costs\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.deeds.com\\\/articles\\\/first-time-buyers-get-ready-for-these-extra-costs\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/first-time-buyers-get-ready-for-these-extra-costs\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/extra-costs-for-first-time-home-buyers.jpg\",\"contentUrl\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/extra-costs-for-first-time-home-buyers.jpg\",\"width\":1531,\"height\":475},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/first-time-buyers-get-ready-for-these-extra-costs\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"First-Time Buyers, Get Ready for These Extra Costs\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/#website\",\"url\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/\",\"name\":\"Deeds.com\",\"description\":\"Real Estate Deeds Made Easy Since 1997\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/#organization\",\"name\":\"Deeds.com\",\"url\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/wp-content\\\/uploads\\\/2018\\\/10\\\/deeds-logo-bw.png\",\"contentUrl\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/wp-content\\\/uploads\\\/2018\\\/10\\\/deeds-logo-bw.png\",\"width\":417,\"height\":208,\"caption\":\"Deeds.com\"},\"image\":{\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/deedsrealestate\\\/\",\"https:\\\/\\\/x.com\\\/RealEstateDeeds\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCWGNKXWKH9nluFfeIvG0OTQ\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.deeds.com\\\/articles\\\/#\\\/schema\\\/person\\\/8e0eeca72de74094ddaa30fc54159b6b\",\"name\":\"Deeds.com\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ceb3eac3a742cc3487be04bdf8e23cf5e2804c1a8c7f64f206a3b18e850562b5?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ceb3eac3a742cc3487be04bdf8e23cf5e2804c1a8c7f64f206a3b18e850562b5?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ceb3eac3a742cc3487be04bdf8e23cf5e2804c1a8c7f64f206a3b18e850562b5?s=96&d=mm&r=g\",\"caption\":\"Deeds.com\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"First-Time Buyers, Get Ready for These Extra Costs - Deeds.com","description":"Uncover the hidden costs of homeownership that first-time buyers often overlook. From unexpected maintenance costs to the nuances of home warranties, discover what truly goes into owning a home.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.deeds.com\/articles\/first-time-buyers-get-ready-for-these-extra-costs\/","og_locale":"en_US","og_type":"article","og_title":"First-Time Buyers, Get Ready for These Extra Costs - Deeds.com","og_description":"Uncover the hidden costs of homeownership that first-time buyers often overlook. From unexpected maintenance costs to the nuances of home warranties, discover what truly goes into owning a home.","og_url":"https:\/\/www.deeds.com\/articles\/first-time-buyers-get-ready-for-these-extra-costs\/","og_site_name":"Deeds.com","article_publisher":"https:\/\/www.facebook.com\/deedsrealestate\/","article_published_time":"2023-09-11T12:27:07+00:00","article_modified_time":"2024-04-26T03:17:33+00:00","og_image":[{"url":"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2023\/09\/extra-costs-for-first-time-home-buyers-1024x318.jpg","type":"","width":"","height":""}],"author":"Deeds.com","twitter_card":"summary_large_image","twitter_creator":"@RealEstateDeeds","twitter_site":"@RealEstateDeeds","twitter_misc":{"Written by":"Deeds.com","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.deeds.com\/articles\/first-time-buyers-get-ready-for-these-extra-costs\/#article","isPartOf":{"@id":"https:\/\/www.deeds.com\/articles\/first-time-buyers-get-ready-for-these-extra-costs\/"},"author":{"name":"Deeds.com","@id":"https:\/\/www.deeds.com\/articles\/#\/schema\/person\/8e0eeca72de74094ddaa30fc54159b6b"},"headline":"First-Time Buyers, Get Ready for These Extra Costs","datePublished":"2023-09-11T12:27:07+00:00","dateModified":"2024-04-26T03:17:33+00:00","mainEntityOfPage":{"@id":"https:\/\/www.deeds.com\/articles\/first-time-buyers-get-ready-for-these-extra-costs\/"},"wordCount":1220,"publisher":{"@id":"https:\/\/www.deeds.com\/articles\/#organization"},"image":{"@id":"https:\/\/www.deeds.com\/articles\/first-time-buyers-get-ready-for-these-extra-costs\/#primaryimage"},"thumbnailUrl":"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2023\/09\/extra-costs-for-first-time-home-buyers-1024x318.jpg","keywords":["Cash Reserves","First-Time Buyers","Furnishings","Hidden Costs","Home Maintenance","Home Warranties","Homeownership","Insurance","Mortgage","Property Taxes","Savings","Thumbtack","Unexpected Expenses","Zillow"],"articleSection":["Real Estate"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.deeds.com\/articles\/first-time-buyers-get-ready-for-these-extra-costs\/","url":"https:\/\/www.deeds.com\/articles\/first-time-buyers-get-ready-for-these-extra-costs\/","name":"First-Time Buyers, Get Ready for These Extra Costs - Deeds.com","isPartOf":{"@id":"https:\/\/www.deeds.com\/articles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.deeds.com\/articles\/first-time-buyers-get-ready-for-these-extra-costs\/#primaryimage"},"image":{"@id":"https:\/\/www.deeds.com\/articles\/first-time-buyers-get-ready-for-these-extra-costs\/#primaryimage"},"thumbnailUrl":"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2023\/09\/extra-costs-for-first-time-home-buyers-1024x318.jpg","datePublished":"2023-09-11T12:27:07+00:00","dateModified":"2024-04-26T03:17:33+00:00","description":"Uncover the hidden costs of homeownership that first-time buyers often overlook. From unexpected maintenance costs to the nuances of home warranties, discover what truly goes into owning a home.","breadcrumb":{"@id":"https:\/\/www.deeds.com\/articles\/first-time-buyers-get-ready-for-these-extra-costs\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.deeds.com\/articles\/first-time-buyers-get-ready-for-these-extra-costs\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.deeds.com\/articles\/first-time-buyers-get-ready-for-these-extra-costs\/#primaryimage","url":"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2023\/09\/extra-costs-for-first-time-home-buyers.jpg","contentUrl":"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2023\/09\/extra-costs-for-first-time-home-buyers.jpg","width":1531,"height":475},{"@type":"BreadcrumbList","@id":"https:\/\/www.deeds.com\/articles\/first-time-buyers-get-ready-for-these-extra-costs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.deeds.com\/articles\/"},{"@type":"ListItem","position":2,"name":"First-Time Buyers, Get Ready for These Extra Costs"}]},{"@type":"WebSite","@id":"https:\/\/www.deeds.com\/articles\/#website","url":"https:\/\/www.deeds.com\/articles\/","name":"Deeds.com","description":"Real Estate Deeds Made Easy Since 1997","publisher":{"@id":"https:\/\/www.deeds.com\/articles\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.deeds.com\/articles\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.deeds.com\/articles\/#organization","name":"Deeds.com","url":"https:\/\/www.deeds.com\/articles\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.deeds.com\/articles\/#\/schema\/logo\/image\/","url":"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2018\/10\/deeds-logo-bw.png","contentUrl":"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2018\/10\/deeds-logo-bw.png","width":417,"height":208,"caption":"Deeds.com"},"image":{"@id":"https:\/\/www.deeds.com\/articles\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/deedsrealestate\/","https:\/\/x.com\/RealEstateDeeds","https:\/\/www.youtube.com\/channel\/UCWGNKXWKH9nluFfeIvG0OTQ"]},{"@type":"Person","@id":"https:\/\/www.deeds.com\/articles\/#\/schema\/person\/8e0eeca72de74094ddaa30fc54159b6b","name":"Deeds.com","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/ceb3eac3a742cc3487be04bdf8e23cf5e2804c1a8c7f64f206a3b18e850562b5?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/ceb3eac3a742cc3487be04bdf8e23cf5e2804c1a8c7f64f206a3b18e850562b5?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ceb3eac3a742cc3487be04bdf8e23cf5e2804c1a8c7f64f206a3b18e850562b5?s=96&d=mm&r=g","caption":"Deeds.com"}}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/posts\/3251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/comments?post=3251"}],"version-history":[{"count":0,"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/posts\/3251\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/media?parent=3251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/categories?post=3251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.deeds.com\/articles\/wp-json\/wp\/v2\/tags?post=3251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}