Home buying can be both exciting and stressful. After all, there are so many factors that impact your decision, from the liveliness of a neighborhood to the quality of a local school district. But, an area’s affordability usually ranks among a home buyer’s most pressing concerns. When estimating the total cost of living of a home in a given area, there’s more to consider than the mortgage. Don’t forget about property taxes, that annual fee you’ll be paying as long as you own the property. Even if the price may seem manageable on paper, sizable property taxes could cut into your disposable income more than you might initially expect.
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1/24/19 11:45 AM
