Phone: 250-212-2654


The hidden costs after you close



Be aware so you can prepare when buying your home


Changing the Locks: One of the first things you’ll want to do after closing is to change all exterior door locks for security. It’s the only way to ensure only you can access your new house, and not the previous tenants too. To save money, you can change the locks yourself or you can call a locksmith to do the job.




Cleaning Costs: You’ll have to clean your old home and your new home at moving time. Whether you hire a professional cleaner to do this or do it yourself, the cost of materials can really add up. While most sellers will do a thorough clean of their home before handing it over, there is nothing forcing them to make sure your new home is spotless.



Decorating Costs: When budgeting, consider ‘must-do’ redecorating and renovations. Repainting, replacing light fixtures, refinishing hardwood floors or redoing carpets can all affect your comfort level in your new home, but they can also be expensive projects. Prioritize what needs to be done right after closing, and what can wait.



Appliances: If your new home doesn’t come with appliances and you don’t have your own, you will have to buy them after closing. A fridge, stove, dishwasher, and microwave can all add up, so make sure you're aware of the costs before you move in. Some appliances, like those that need to be hooked up to a water line, may come with installation charges too.



Tools and Equipment: Many new homeowners don’t have tools and equipment, like snow shovels. When you no longer have a landlord to call for maintenance and repairs, you have to do them yourself or call a repairman. Tools can be an expensive initial purchase, but learning to maintain your home with the right equipment will save you money in the long term.



No comments

Post Your Comment:

Your email will not be published
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.