So my boyfriend is seriously considering buying a house. Neither of us qualified for renters credit this year so by us renting our money isnt going into an investment anywhere. Since we aren't married and there isnt any plans in the making we will not be buying the house together but rather my BF would find a house in his price range (basically afford everything himself) and then I would simply "rent" from him... help with payments, utilities, etc...
It is a good time to since our lease is simply month to month with a 2 month move out notice.
What are the costs of everything with buying a home? This is what we know so far but doing research to learn more. He has already been pre-qualified also and is the "handyman" type along with having uncles that would live nearby who are in the construction buisness for repairs.
-the cost of the house
-interest rate for mortage
-fix-up costs (if needed)
- pre purchase inspection
-may have to take a day off of work
-beer and food for the movers (family...lol)
-would have to buy a lawn mower
We are going to be looking at places this week to see what is even out there for the money. A lot of bank owned homes that's for sure. Is there anything else we are not thinking of?