Now that you have finally started to save for a home of your own, it’s important that you look into every single detail that is involved with purchasing. It’s not as simple as picking a house you like and moving in. Buying a house is actually a lot of work.
I am sure you have many friends and family members that are always telling you that you should move into your own place. They say that the mortgage would be the same price or less than your monthly rent but did they tell you about the other costs involved in owning a home?
There are so many fees involved with buying your own house such as land transfer tax, lawyers fees etc. Not to mention a 20% down payment!
Let’s not forget that if something goes wrong with the house, like the roof is
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