While the mortgage portion of the payment is fixed, the property taxes and hazard insurance keep increasing, and may stress buyers with slower income growth or more fixed income. Home buyers also need to be prepared for the cost of maintaining a home and know how to balance the home and other emergency expenses.
Tackle (sp) is a home repair app similar to Uber. I haven’t used it yet but have had great results getting home repair people through Home Advisor. I love home ownership and look forward writing that last check soon. I would advise anyone looking to buy a home to have no debt and a plenty of money saved. Various cities and counties offer first-time homebuyer assistance, including down payment assistance. Well worth looking into.