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What are the true expenses of owning a home?

Posted By Message

BigB
C & J are 10!

Member since 6/05

5914 total posts

Name:
Stacey

What are the true expenses of owning a home?

1. Mortgage
2. Insurance
3. Taxes
4. Fuel
5. Water/Sewage

What else am I missing?

Posted 11/29/10 8:00 PM
 
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MaZz
* Lovin my baby girl!!! *

Member since 2/09

6243 total posts

Name:
Gina

Re: What are the true expenses of owning a home?

electric, replacements of major appliances and boiler/water heater/CAC etc

Also dont forget the additional mortgage insurance if you are below 20% downpayment

Oh yea, furnishing the home ...we had to buy ALOT going from a 1 bd tiny apt to a 3bd condo Chat Icon

Posted 11/29/10 8:17 PM
 

scarletbegonia
Mr. Handsome

Member since 5/06

13481 total posts

Name:
V

Re: What are the true expenses of owning a home?

- Electric
- Yard maintenance - either by hiring a landscaper or DIY (with DIY you still need the lawn mower, rake, all the other things....)
- Other outside things - hose, garbage pails
- Holiday decorations for outside (silly, I know, but it can add up)

Posted 11/29/10 8:19 PM
 

IrishLasss334
I'll be there soon!

Member since 1/08

6549 total posts

Name:
Patty

Re: What are the true expenses of owning a home?

cable/internet/phone
appliance repair/replacement
landscaping
water

Posted 11/29/10 8:30 PM
 

smooney
Hidey Ho!

Member since 2/10

1669 total posts

Name:
.

Re: What are the true expenses of owning a home?

oil (for heating and hot water)
propane (if you have a gas stove)
landscaping
electric
maintenance & home decorating
cable/phone/modem

Posted 11/29/10 9:23 PM
 

avamamma
My Girl

Member since 7/06

3395 total posts

Name:
Tara

Re: What are the true expenses of owning a home?

Electric $$$$$$$$$$$$$$$

Posted 11/29/10 10:39 PM
 

GoldenRod
10 years on LIF!

Member since 11/06

26792 total posts

Name:
Shawn

Re: What are the true expenses of owning a home?

Maintenance....

Replacing appliances
Painting
Replacing broken sections of fence
Replacing deck boards
Reshingling the roof
Fixing water damage
etc
etc
etc.... Chat Icon

Chat Icon Chat Icon

Posted 11/30/10 7:40 AM
 

BigB
C & J are 10!

Member since 6/05

5914 total posts

Name:
Stacey

Re: What are the true expenses of owning a home?

Posted by GoldenRod

Maintenance....

Replacing appliances
Painting
Replacing broken sections of fence
Replacing deck boards
Reshingling the roof
Fixing water damage
etc
etc
etc.... Chat Icon

Chat Icon Chat Icon



And this is what makes me not want to own a house!

Posted 11/30/10 10:21 AM
 

smdl
I love Gary too..on a plate!

Member since 5/06

32461 total posts

Name:
me

Re: What are the true expenses of owning a home?

- yard expense
- repairs
- remodels
- replacing appliances
- repainting
- roof
- heating/cooling system
- windows/doors
- siding

There is ALWAYS something that will break down or will need to be replaced at some point.

Like a roof will not last forever.

Having a house, you are just buying time as to what to fix/replace next.

Posted 11/30/10 10:51 AM
 

Blu-ize
Plan B is Now Plan A

Member since 7/05

32475 total posts

Name:
Susan

Re: What are the true expenses of owning a home?

Oh the joys of home ownership!

Posted 11/30/10 12:01 PM
 

caps612
In love with my little guys!!

Member since 8/10

5108 total posts

Name:

Re: What are the true expenses of owning a home?

it really never ends... and once you think you have paid everything and all is well, something comes up like broken fridge Chat Icon

gas
electric $$$
oil $$$
water
lawn care
mortgage
real estate taxes $$$$$
homeowners insurance
phone
cable
internet


Posted 11/30/10 12:09 PM
 
 

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