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Money Basics

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Buying a House

Living expenses

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Living in a house usually involves dealing with more living expenses than living in an apartment. Make sure you are aware of and can afford such expenses before you take on the responsibility of homeownership. Some may be one-time costs, while others will be ongoing.

You will likely have to deal with most of the following:

  1. Moving expenses
  2. Miscellaneous expenses, such as a lawnmower, rakes, paint, ladders, and tools
  3. Appliances
  4. Furniture
  5. Repairs and maintenance
  6. Remodeling
  7. Property taxes

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