The Additional Costs of Homeownership

June 2, 2022 By 0 Comments

Do you know all the additional costs that come with buying your first home? If not this episode will help prepare you so you aren’t shocked when the bills arrive!

When you move from renting to owning, there will be some additional costs that come with that upgrade. These additional costs aren’t to be feared or hold you back from making the leap, however it is best that you know about them ahead of time so you can budget accordingly. The last thing you want to do is buy your first home and not be able to afford it. 

If you are looking to buy your first home, definitely check out this episode and use the guidance and advice we provide to help you buy your first home smarter and faster! 

“If you get in the rears with your HOA, they actually can foreclose on you, and sell your home as a forced sale.”

Eric Hellon

What You’ll Learn from this Episode:

  • The Pros and Cons of HOAs 
  • How Utility Payments Work
  • Landscaping Costs and Ongoing Maintenance
  • Solar Requirements and Options
  • And much more!


00:00 – HOAs – Love Them or Hate Them?
00:46 – Intro
01:09 – Welcome To Homeowner Prep
02:04 – Utility Payments
03:42 – Yard Expenses
06:25 – HOA Fees & Control
10:25 – Solar Payments
13:20 – Contact Us For More Info
13:47 – Outro

Connect with Homeowner Prep:

Enjoyed the Podcast? Be sure to subscribe on iTunes and leave a review. It means so much to hear your feedback and we’d love for you to help us spread the word!