{"id":281778,"date":"2025-11-14T03:59:12","date_gmt":"2025-11-14T03:59:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/281778\/"},"modified":"2025-11-14T03:59:12","modified_gmt":"2025-11-14T03:59:12","slug":"5-unexpected-expenses-that-surprise-first-time-homeowners","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/281778\/","title":{"rendered":"5 Unexpected Expenses That Surprise First-Time Homeowners"},"content":{"rendered":"<p class=\"mb-4 text-lg md:leading-8 break-words\">So you\u2019ve saved up, signed all the paperwork and <a href=\"https:\/\/www.gobankingrates.com\/investing\/real-estate\/cheapest-places-to-buy-a-home-in-every-state\/?hyperlink_type=manual&amp;utm_term=incontent_link_1&amp;utm_campaign=1319268&amp;utm_source=yahoo.com&amp;utm_content=1&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:purchased a home;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">purchased a home<\/a>. No more surprises, right?<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Be Aware: <a href=\"https:\/\/www.gobankingrates.com\/investing\/real-estate\/bought-home-surprise-expenses-top-money-educator\/?hyperlink_type=manual&amp;utm_term=related_link_1&amp;utm_campaign=1319268&amp;utm_source=yahoo.com&amp;utm_content=2&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:6 Hidden Costs of Homeownership That Can Wreck Your Budget;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">6 Hidden Costs of Homeownership That Can Wreck Your Budget<\/a><\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Read Next: <a href=\"https:\/\/www.gobankingrates.com\/saving-money\/savings-advice\/things-middle-class-should-consider-downsizing-to-save-on-monthly-expenses\/?hyperlink_type=manual&amp;utm_term=related_link_2&amp;utm_campaign=1319268&amp;utm_source=yahoo.com&amp;utm_content=3&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:9 Low-Effort Ways To Make Passive Income (You Can Start This Week);elm:context_link;itc:0;sec:content-canvas\" class=\"link \">9 Low-Effort Ways To Make Passive Income (You Can Start This Week)<\/a><\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">The first year of owning a home can open up a flurry of expenses for first-time homeowners. Here are five <a href=\"https:\/\/www.gobankingrates.com\/investing\/real-estate\/bought-home-surprise-expenses-top-money-educator\/?hyperlink_type=manual&amp;utm_term=incontent_link_2&amp;utm_campaign=1319268&amp;utm_source=yahoo.com&amp;utm_content=4&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:unexpected expenses that surprise first-time homeowners;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">unexpected expenses that surprise first-time homeowners<\/a>.<\/p>\n<p>Landscaping Costs<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">New homeowners often forget they\u2019re typically in charge of maintaining the land their home sits on. Insurance companies may request to have trees or bushes trimmed, among other potential home changes.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">On top of that, \u201cThere\u2019s the stuff you don\u2019t realize you\u2019ll need like window coverings, closet rods or shelves, and even swapping out all the locks,\u201d said <a href=\"https:\/\/www.linkedin.com\/in\/erin-hybart-51616023\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Erin Hybart;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Erin Hybart<\/a>, a realtor in Louisiana.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">\u201cA tree removal cost for instance can run from a couple hundred to <a href=\"https:\/\/www.gobankingrates.com\/home-loans\/purchase\/nobody-tells-you-things-buy-house-save-thousands\/?hyperlink_type=manual&amp;utm_term=incontent_link_3&amp;utm_campaign=1319268&amp;utm_source=yahoo.com&amp;utm_content=5&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:several thousand dollars;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">several thousand dollars<\/a> depending on the size of the tree and its roots,\u201d said <a href=\"https:\/\/www.linkedin.com\/in\/salim-chraibi-a11719aa\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Salim \u200b\u200bChraibi;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Salim \u200b\u200bChraibi<\/a>, CEO of Bluenest Development.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Consider This: <a href=\"https:\/\/www.gobankingrates.com\/investing\/real-estate\/times-doesnt-make-sense-pay-off-mortgage-early\/?hyperlink_type=manual&amp;utm_term=related_link_3&amp;utm_campaign=1319268&amp;utm_source=yahoo.com&amp;utm_content=6&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:2 Times It Doesn\u2019t Make Sense To Pay Off Your Mortgage Early;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">2 Times It Doesn\u2019t Make Sense To Pay Off Your Mortgage Early<\/a><\/p>\n<p>System Problems<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">How well do you remember details of your home inspection? Did you consider concealed plumbing and electrical issues?<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">\u201cThe inspection process fails to detect major system problems in HVAC units and water heaters and roofs which require immediate replacement following closing,\u201d said Donnell Williams, real estate bbroker at <a href=\"https:\/\/www.nexthome.com\/agent\/Donnell-Williams\/15507\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:NextHome Prime Properties;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">NextHome Prime Properties<\/a>. \u201cThe unexpected expenses from these situations range between $5,000 and $15,000.\u201d<\/p>\n<p>Disaster Insurance Coverage<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\"><a href=\"https:\/\/www.gobankingrates.com\/taxes\/tax-laws\/what-to-know-about-property-taxes\/?hyperlink_type=manual&amp;utm_term=incontent_link_4&amp;utm_campaign=1319268&amp;utm_source=yahoo.com&amp;utm_content=7&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Property taxes;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Property taxes<\/a> and insurance rates can lead to unexpectedly high monthly payments for new homeowners.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">\u201cThe standard insurance policies of new homeowners do not provide protection against flood damage or sewer backup incidents,\u201d said Williams. \u201cHomeowners face substantial unexpected expenses when disasters occur because standard insurance policies do not cover these events.\u201d<\/p>\n<p>Appliance Repairs<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">When you\u2019re a renting tenant, you typically don\u2019t have to worry about covering for repairs. As a home owner, however, appliance repairs can take a toll. Homeowners may need to hire a professional service.<\/p>\n<p>Furniture Costs<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\"><a href=\"https:\/\/www.gobankingrates.com\/saving-money\/shopping\/stores-where-you-can-fully-furnish-your-home-for-less-than-15k\/?hyperlink_type=manual&amp;utm_term=incontent_link_5&amp;utm_campaign=1319268&amp;utm_source=yahoo.com&amp;utm_content=8&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Whether it\u2019s furniture;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Whether it\u2019s furniture<\/a> or yard and garden supplies, costs on big items easily add up \u2014 especially with tariffs, in which President Donald Trump proposed a 50% tariff on home goods and 30% on upholstered furniture.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">More From GOBankingRates<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">This article originally appeared on <a href=\"https:\/\/www.gobankingrates.com?utm_term=bottom_link&amp;utm_campaign=1319268&amp;utm_source=yahoo.com&amp;utm_content=13&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:GOBankingRates.com;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">GOBankingRates.com<\/a>: <a href=\"https:\/\/www.gobankingrates.com\/saving-money\/home\/unexpected-expenses-surprise-first-time-homeowners\/?utm_term=source_link&amp;utm_campaign=1319268&amp;utm_source=yahoo.com&amp;utm_content=14&amp;utm_medium=rss\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:5 Unexpected Expenses That Surprise First-Time Homeowners\u00a0;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">5 Unexpected Expenses That Surprise First-Time Homeowners\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"So you\u2019ve saved up, signed all the paperwork and purchased a home. No more surprises, right? Be Aware:&hellip;\n","protected":false},"author":2,"featured_media":281779,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[45,49,48,128199,133,54245,128200,131,132,128198],"class_list":{"0":"post-281778","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-donnell-williams","12":"tag-finance","13":"tag-insurance-companies","14":"tag-landscaping-costs","15":"tag-personal-finance","16":"tag-personalfinance","17":"tag-unexpected-expenses"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/281778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=281778"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/281778\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/281779"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=281778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=281778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=281778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}