HOOK
Thinking you can afford the monthly mortgage? That’s only part of the price. Three costs can sneak up on buyers right before closing—and they can change what you can actually afford.
[B-roll: homebuyer reviewing a closing disclosure, calculator on a kitchen table]
KEY POINT 1: CLOSING COSTS
First: closing costs. These usually include lender fees, title insurance, appraisal, and escrow charges. A good rule of thumb is to expect several thousand dollars, sometimes more, depending on the loan and location.
[B-roll: checklist of closing documents, stamped “fees” on paper]
KEY POINT 2: INSPECTION AND REPAIRS
Second: the inspection may uncover repairs you didn’t budget for. Even if the home is “move-in ready,” issues like a roof, HVAC, plumbing, or electrical fixes can show up fast. That’s why smart buyers keep a repair buffer.
[B-roll: home inspector in attic, cracked tile, leaking faucet]
KEY POINT 3: TAXES AND INSURANCE
Third: property taxes and homeowners insurance can jump after you buy. In some areas, taxes are reassessed at sale, which means your monthly payment may be higher than the seller’s current bill. Always ask for an estimate before you make an offer.
[B-roll: tax bill, insurance quote on screen, home exterior in neighborhood]
CTA
Before you offer on a home, run the full numbers—not just the mortgage payment. If you want, I can help you build a simple homebuying budget checklist for your next video.
[B-roll: buyer nodding, “save this” style end screen]