There are a few additional costs to consider besides your downpayment when buying a home.
The first thing to note are closing costs. While we can negotiate who will pay these, they will still have to be paid at the time of closing. They are typically around 3% of the purchase price.
Secondly, home inspections are always highly recommended! They start at $500. Your Realtor will have a few great recommendations.
There are two other optional inspections that have gained traction over the years and these are Radon Testing and Oil Tank Scans. Both are around $250 each.
As noted in the question box above, a majority of brokerages have administrative fees. These can range from $300-700 dollars and go directly to your agent’s brokerage, not into their own pocket. They typically help support full time office admin roles and other brokerage expenses.
And other than any additional moving expenses you may have, that is it!