Budgeting For Your New Portland Home

It still is true that  nothing is a more sound investment that a home purchase. But there is more to home ownership expenses that the mortgage, insurances and property taxes. This is true whether you purchase a new Portland home or older residence. You must plan for repairs and other expenses. A good rule of thumb is to put away 1% of the purchase price annually for repairs. This is a great way to save if you do not have to use it for repairs. And keep in mind that utility bills will increase, and now as a property owner you will have water bills and trash collection fees and much more. Be sure a budget in for this higher cost of living.

Tweet

Related posts:

1. Can a landlord deny renting to a family if he/she knows they are going to operate a business?
2. Home Maintenance Saves Dollars
3. Buying Is A Good Investment
4. The Purpose of a Property Survey
5. Home Sales Rose Nationally 7.2 %