On this episode we are taking a deep dive into all the expected costs of buying your first home, so be sure to take some notes as we break it all down. If you have questions about how to get started with Homeowner Prep, be sure to reach out to us or drop your question in the comments.

// SHOW NOTES

00:00 A Deep Dive Into How Much Money You Need To Buy Your First Home

00:10 Intro

00:32 Hey! Real Quick Before We Start…

01:00 Welcome To The Homeowner Prep Podcast

01:45 How Much Is The Down Payment?

03:46 What Are Closing Costs?

04:37 What Is Title? What Do They Do?

05:26 You May Need Prepaid Taxes

06:22 Getting A Seller To Pay For Your Closing Costs

06:56 In Escrow Upfront Costs

07:20 Paying For An Appraisal

09:19 Negotiating With The Seller For Appraisal Shortfall

11:25 Should You Get A Home Inspection?

13:00 What Does A Home Inspector Look At?

14:45 Getting A Pest or Termite Inspection

15:35 Inspections Find Issues, Issues Can Be Negotiated

17:35 Put Your Real Estate Agent To Work

18:11 Other Potential Costs

19:12 Costs That Can Be Covered By Other People

20:53 Get Started With Homeowner Prep

21:53 Contact Us On Social Media

22:25 Outro

// IMPORTANT RESOURCES

Get Started With HomeownerPrep:

https://www.homeownerprep.com/start

Manage Your Credit Score with MyFICO:

https://bit.ly/HP-FICO

Build Your Credit Quickly:

https://bit.ly/HPP-Self

Buy Merch, Support The Mission:

https://bit.ly/ShopHPMerch

Subscribe to Our Channel:

https://bit.ly/HomeownerPrepYTSub

// CONNECT WITH US

Instagram: http://www.instagram.com/HomeownerPrep

Facebook: http://www.facebook.com/HomeownerPrep

Twitter: http://www.twitter.com/Homeowner_Prep

TikTok: http://www.tiktok.com/@HomeownerPrep

// ABOUT HOMEOWNER PREP

Homeowner Prep helps aspiring first time homeowners through real-world advice and accountability. This podcast was created for those who dream of owning their first home - and are willing to do whatever it takes to make their dream a reality!

DISCLAIMER: Links included in this description might be affiliate links. If you purchase a product or service with the links that we provide, we may receive a small commission. There is no additional charge to you! Thank you for supporting our channel so we can continue to provide you with great content!

// LICENSE INFO

DRE: 01780767

NMLS: 2218002

#buyingahome #realestateadvice #homeownership