Source: The Spruce —
Many millennials are in the process of leaving their rental units behind to become homeowners, but purchasing a house or condo doesn’t solely result in more space and freedom—it can bring about a slew of challenges, too. We spoke with young homeowners who recently moved into their new spaces to gather tips on what prospective buyers should keep in mind when it comes to property taxes, repairs, and even the design process.
The Existence of Property Taxes
Property taxes will vary across the country and will depend on your home size, but they should certainly be kept top of mind during your search process. “Consider property taxes as part of your budget when you’re looking at homes and decide how much you want to spend on them,” New Jersey resident Callie Bunin says.