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Financial Situation Assessment
Once you decide on your essential vs. non-essential home features, it is important to assess your desired standard of living and your current financial situation. All home buyers must consider their financial commitments, future plans like starting a family, career objectives, and other possible changes.
You need to consider the property’s cost, including loan establishment fees, title transfer, legal fees, government charges, inspection fees, and moving fees. You also need to consider the property ownership’s ongoing costs, including insurance and property taxes and rates.