Housing unaffordability is near record highs in America, making it essential that you understand the full cost of buying a home. Unfortunately, most “unaffordability indexes” usually don’t incorporate the total cost of buying a home, instead focusing on how much money you’d have to earn to comfortably afford your mortgage payment.
As these costs can easily run tens of thousands of dollars, or even more, it’s critical that potential homebuyers incorporate them into their planning. Here are the major expenses that you shouldn’t overlook.
