06/05/2026
Here are 7 hidden costs that catch first-time homebuyers off guard…
🔍 Home Inspection – General + radon, sewer, termite… it adds up ($300-$1000 depending on what you get)
💰Appraisal Fee – Required by most lenders (typically $500ish)
📝 Earnest Money – Gets subtracted out of your required “cash to close”, but needed upfront (typically 1% of purchase price & due within 3-5 days of an ACCEPTED offer)
🏦 Closing Costs – Lender fees, title, taxes, escrow setup, this is the big one (usually 1-3% of purchase price depending on cash vs financing and what type of financing)
🚛 Moving Costs – Trucks, boxes, the inevitable Target run(s)…
🔧 Repairs & Maintenance – Even "move-in ready" homes have little projects you want to do to make it your own
💡Utility Setup – Internet, utilities, trash, security systems — boring but real
STAY HOPEFUL! — If you find the right house (no bidding war) your real estate agent (me 😉) can negotiate for the sellers to pay all or some of the closing costs (minus the Earnest Deposit since that is so early is the process), which can REALLY help out with the “cash to close”.
Planning to buy in Jackson, Clay, Platte, or Cass County this year? Budget for more than just the down payment — your future self will thank you 🏡
Click the link or DM me — happy to walk you through what to expect!
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www.AustinSellsKC.com
Austin New, Realtor
ReMax Premier Properties
