When you buy your first home, there are some expenses that you don’t plan for. And a lot of them can happen after you actually close on the property. Such items include lawn maintenance, appliance replacement and repair, and upgrades to the look and feel of the home. Even when a home is in good condition, most buyers want to take steps to make the home their own. It’s a good idea to plan for these enhancements and upgrades so that you can cover the added expenses that they come with.
For a full list of surprise expenses and some ideas for how to plan for them, read here.