As I’m sure all readers know, buying a house isn’t just about paying the current owner what the house is worth. There are plenty of one off costs associated with buying a house, some a lot more obvious than others, this series of posts hopes to point out a few of those costs, so they don’t come as a surprise.
The cost of looking
Looking for the house of your dreams, costs both a lot of time and money.
It’s likely that every week you buy newspapers and property guides to browse through, even get them posted to you. You then have to view houses. There are always going to be travel costs involved, but if you are looking to move a fair distance, you should also consider the costs of hotels, eating out and also the possibility of having to take time off work.
Looking for and viewing houses take up time. When you see a house you like, you’ll view it twice. When you see a house you really like, you’ll view it three times. I work full time but have some income from being self employed. This had a double whammy effect on me, because I didn’t have time to do much work around my day job, I had effectively lost both time and money.
How much does it really cost? - Conveyancing « 1st Time Buying said,
April 28, 2008 @ 7:42 pm
[...] in the How much does it really cost series of articles, we talked about the costs involved simply looking for a house. This time around, we focus on the cost of [...]