Watch for These Hidden Expenses When Buying a Home, Watch for These Hidden Expenses When Buying a Home

Watch for These Hidden Expenses When Buying a Home

Rhonda Duffy

Have you talked with friends or family members who shared stories about getting the raw end of the deal when they bought a home? The home buying process can be a stressful time, especially without the right real estate professional to help. With a good team, you will know what to expect to get the best outcome possible for your home purchase.

At Duffy Realty of Atlanta, we are the leading real estate team serving Atlanta and the surrounding areas. We want to support every step of the way, which is why we will help you to watch for these unexpected expenses when you are buying a home:

Origination Fees

Do you know the types of fees that you are paying for the origination of the mortgage? Some of these fees are unavoidable. But, there are certain mortgage providers that tack on unnecessary fees. Our real estate team can offer suggestions about mortgage companies that can be trusted so that you can avoid these outrageous fees.

Inspection and Repairs in the Home

It might seem like an unnecessary cost to pay for an inspector to look at the property, especially if everything looks good at first glance. These inspections are essential! When the inspector finds a problem with your home, that problem can be addressed during the negotiations so that the seller is responsible for paying for the repairs. In the long run, you can avoid thousands of dollars in repair work if you hire an inspector to help you identify the problems before the closing happens.

Real Estate Commissions

Most standard real estate agents will charge high fees to assist with the purchase of the home. You can expect to pay as much as 3% of the purchase price to the real estate agent. Even though these fees are standard practice for most real estate agents, there are options that you might consider to reduce these expenses.

Here at Duffy Realty of Atlanta, we offer flat-fee real estate services, helping you to save thousands of dollars on commission costs. We have a great system in place to help our clients buy and sell their homes. This system works so well that we have found that we can pass the savings onto our clients. You don’t need to pay thousands and thousands of dollars on your real estate transactions because our fees are designed to reduce these costs.

We want you to have a positive experience when you buy a home for your family. You deserve to work with a highly skilled real estate team to avoid some of these hidden expenses during the home buying process. At Duffy Realty of Atlanta, we have been in the industry for many years, and we know what works! Call us today for more information about the services that are available: (678) 318-1700

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