63 percent of millennials who bought homes have regrets — usually because they missed this one crucial step. - NBCNewsBETTER
early on."When I bought my first home I showed up at the table to close without the closing costs," she told CNBC Make It."Thank God I was able to borrow it from the very nice seller or I couldn't have closed on the place."buyers plan to spend 1 to 3 percent of the home's purchase price on annual maintenance. So if the home is priced at $300,000, your budget for this should be at least $3,000 each year.
"When paying for things like mortgages and student loans, [millennials] don't have much money to save for the hidden costs of owning a home," Fairweather says.for the National Association of Realtors, tells CNBC Make It:"Start with a starter home and later trade up, rather than going for a 'dream home' on the first try.
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