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The hidden costs of buying a home (and how to avoid nasty surprises)

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Manage episode 508248403 series 3606247
Content provided by Frances Cook. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Frances Cook or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Buying a house in New Zealand? Don’t get caught out by hidden costs.


In this episode of Ask the Experts, we reveal the true cost of buying a home, beyond the sale price.


From legal fees to building inspections or surprise repair bills, these are the extra expenses that can seriously derail your property plans if you’re not prepared.


We break down the most common hidden costs that first home buyers overlook, how much they typically add up to, and smart ways to avoid nasty financial surprises.


Whether you're buying your first home or upgrading to your next one, this is essential listening to help you protect your deposit, manage your budget, and avoid costly mistakes.


Tune in for a chat between Frances Cook and Vanessa Williams from realestate.co.nz, on:

  • Legal fees and how to reduce them
  • What building inspections actually cost
  • Whether you need to test for meth or asbestos
  • Red flags in older homes that could cost you thousands
  • How much extra cash to have on hand before going unconditional

Buying property is stressful enough, so don’t let hidden costs make it worse.


Listen now so you can go into your next home purchase fully informed and confident.


Links

Follow Frances Cook on Facebook, Instagram and TikTok, or join the Money Memo newsletter for a free weekly money tip in your inbox each week.


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

152 episodes

Artwork
iconShare
 
Manage episode 508248403 series 3606247
Content provided by Frances Cook. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Frances Cook or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Buying a house in New Zealand? Don’t get caught out by hidden costs.


In this episode of Ask the Experts, we reveal the true cost of buying a home, beyond the sale price.


From legal fees to building inspections or surprise repair bills, these are the extra expenses that can seriously derail your property plans if you’re not prepared.


We break down the most common hidden costs that first home buyers overlook, how much they typically add up to, and smart ways to avoid nasty financial surprises.


Whether you're buying your first home or upgrading to your next one, this is essential listening to help you protect your deposit, manage your budget, and avoid costly mistakes.


Tune in for a chat between Frances Cook and Vanessa Williams from realestate.co.nz, on:

  • Legal fees and how to reduce them
  • What building inspections actually cost
  • Whether you need to test for meth or asbestos
  • Red flags in older homes that could cost you thousands
  • How much extra cash to have on hand before going unconditional

Buying property is stressful enough, so don’t let hidden costs make it worse.


Listen now so you can go into your next home purchase fully informed and confident.


Links

Follow Frances Cook on Facebook, Instagram and TikTok, or join the Money Memo newsletter for a free weekly money tip in your inbox each week.


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

152 episodes

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