Home Buying Costs That You Probably Don't Know About

When most people talk about the cost of buying a home, they mostly focus on the listing prices of properties, which the down payment and mortgage will take care of. However, there are many other costs associated with buying a house. Here some that you may not be aware of: Private Mortgage Insurance Private mortgage insurance, PMI for short, protects your lender from financial loss in case you default on your mortgage payments.