HIDDEN COSTS IN BUYING A HOUSE THAT NOBODY TALKS ABOUT

Most homebuyers focus on the purchase price, but there are many hidden costs that add up.

CLOSING COSTS (3-6% OF PROPERTY PRICE

1. Registration & Stamp Duty: Legal fees for ownership transfer.

2. Home Loan Processing Fee: Banks charge a fee to process your loan.

PROPERTY MAINTENANCE & ASSOCIATION FEES

1. Gated communities charge monthly maintenance for security & amenities.

2. Some areas have municipal property taxes that increase yearly.

UTILITY CONNECTION CHARGES

1. Water, electricity, and gas installation fees can cost thousands.

2. If buying an empty plot, sewage and drainage setup costs extra.

RENOVATION & CUSTOMIZATION COSTS

1. Most homes need painting, plumbing fixes, and minor upgrades.

2. Older homes might require roof repairs, termite treatment, or rewiring.

   
   

MOVING  & SETUP COSTS Moving & Setup Costs

1. Movers charge based on distance and furniture weight.

2. New furniture, curtains, and appliances add hidden expenses.

   
   

PRO TIP: ALWAYS KEEP 10-15% EXTRA IN YOUR BUDGET FOR THESE UNEXPECTED COSTS!

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