How the real costs of buying your first property can add up.

Buying a first home can be a rollercoaster ride with hidden costs, according to Ali and Gaby Rosenberg, co-founders of the Blossom micro-investing app. They share some common surprise expenses, including property transfer fees, a state government charge to register your name on the title. Other potential hidden costs can include legal fees, stamp duty, inspection costs, mortgage application fees, and moving expenses.

February 26, 2024
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