Things: To Know Before You Buy A House

: Nearly 44% of homes now have HOA fees. Watch out for "special assessments"—one-time large fees for major community repairs—and capital contributions required at closing.

Don't let a "fresh flip" distract you from structural reality. In 2026, be wary of: First-Time Home Buyer Advice and Preparation for 2026 things to know before you buy a house

: Expect to pay 2% to 5% of the purchase price in fees (lender, title, and escrow) to finalize the sale. 2. Modern Red Flags: What to Spot in 60 Seconds : Nearly 44% of homes now have HOA fees

Your monthly payment (principal and interest) is just the starting point. Savvy buyers now plan for (Principal, Interest, Taxes, Insurance, and Association fees). things to know before you buy a house

: Budget 2% to 4% of your home's value annually for maintenance.