The Bob Sophiea Podcast

The Hidden Costs of Owning a Home in Lexington


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One of the biggest shocks of homeownership is realizing that you are now your own landlord. New owners forget that, aside from the mortgage, there are other costs, like home repairs and taxes, that need to come straight out of their pockets. Today, I’ll highlight three main extra costs and how much budget to set aside for owning a home. By planning for these major expenses, you can enjoy the peace of mind that comes with a well-prepared financial safety net. Check out my latest video to learn how to manage your expenses and thrive.
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The Bob Sophiea PodcastBy Founder and CEO at New Home Collective