Ever gone on an all-inclusive tropical holiday? "Awesome!" you think. "Everything's covered! I don't have to worry about a thing!" Then you get to the resort, and you discover that beverages aren't included and there's a charge for activities and entertainment at the hotel. Suddenly, you find you're spending quite a bit more than you'd planned.
Well, that can happen with buying a home, too. Your down payment and mortgage aren't the only costs you'll incur.
Buying a home can be even more enjoyable than a complimentary cocktail on the beach. After all, they're both a kind of freedom, aren't they? The key is knowing exactly what you're in for and planning for it.
