3 Homebuying Myths That Can Cost You Big

A fixed-rate mortgage can come with a rising monthly payment. Property taxes and homeowners insurance apparently did not get the “fixed” memo.

That’s one of three homebuying myths that can catch first-time home buyers off guard, even after they’ve saved for a down payment and gotten pre-approved.

We are breaking down what buyers need to understand before the keys come with surprise bills:

• Fixed rate, changing payment: How taxes, insurance, and escrow can change the total you pay each month.

• Home inspection limits: Why a standard inspection doesn’t cover everything, and when a separate sewer scope or other testing may make sense.

• Low HOA dues, bigger obligations: Why reserves, upcoming repairs, and special assessments deserve attention before buying a condo.

The goal? Understand the costs, ask better questions, and leave room in your budget for an actual life.

Fall in love with the house. Read the fine print before you commit.

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https://www.livingthelalalife.store/realtygoddess-229

Laura "LaLa" Key
[email protected].

Cal DRE 01908085

Disclaimer: This video provides general education, not financial, legal, or tax advice. Consult your appropriate advisers about your situation.