Many first-time buyers focus only on the down payment, but buying a home involves more than that. Closing costs, inspections, appraisals, and prepaid taxes or insurance are all part of the process. These costs shouldn’t scare you—but they should be planned for. The good news is that some costs can be negotiated or offset depending on the loan program. Knowing the full picture upfront helps you avoid surprises and move into homeownership with confidence.
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