So you're a first-time buyer who just closed the deal on your new home and moved in. Finally, you can breathe a deep sigh of relief. After all, you managed to pony up a down payment, closing costs, and other sundry expenses. Provided you make your monthly mortgage payments, you're fine and dandy on the finance front ... right?
Not quite. Because owning a home means you have to maintain it—and maintenance costs money to do right. Expenses that you may not have considered are bound to crop up after you've bought the house. Some are one-offs, but others will come back around regularly. Overlook them at your peril, since neglect may just lead to even bigger breakdowns that will cost you more down the road.
Want to know what lies ahead? (Hey, it's better than being blindsided.) Check out these hidden expenses that first-time buyers often overlook.'