Owning a home. The American Dream. Or so we’re told. It was Ronald Reagan who said “home ownership is an essential part of the American dream and fundamental to our way of life.” While it sounds nice, homes come with a lot of strings attached so it’s worth being mentally prepared for the costs in advanced.

 

-Content Level: Advanced-

In this episode, Dallas interviews Larry about the costs and fees associated with buying a home. Larry is a retiree who has built and purchased several homes over the span of his career and learned the hard way through experience on how best to plan for home ownership costs.

 

In the episode, we touch on:

-Closing costs

-Mortgage loans and payments

-Home insurance

-Taxes

-Furniture

-Repairs

-Beautification