JJ & Ainsley Gordon, The Gordon Group

If you've never owned your own property before, there are some costs you should prepare yourself for ahead of time. Should you take out a mortgage, you'll have your monthly mortgage payment, but often there are additional costs and fees added that a new homeowner may not expect. Listed below are items you should expect to pay once you become a homeowner. Property Taxes When you rent, you are not responsible for the property taxes on the property. But when you become a homeowner, you're expected to pay yearly property taxes, of which go to public works, wages for government workers or public school boards. Based on the current value of your home, property taxes are assessed every year and will likely change to reflect an increase (or decrease) in your home's value. Property taxes can be paid at one time, or they can be divided into 12 payments over the course of a year and added to your mortgage payment. When you're trying to determine what your mortgage...

Want your place to look like those home design website images you drool over? Making your home look high-end isn't always about spending tons of cash... Read More

A great way to boost your home's selling power is to make small and affordable updates throughout the home. These quick updates and fixes will help make your home more inviting to potential buyers and a potential sale. Spruce Up The Front Door Spruce up the front door by touching up paint (either paint over chipped or fading paint, or change the color completely), adding a kick plate, changing out the hardware, or you can replace the door completely. A new front door can add energy efficiency and additional security if you choose a metal door. Making the front door pop not only adds a special touch to your curb appeal, but potential buyers will notice a door that's been taken care of. Freshen Up The Kitchen Kitchens appeal to so many buyers. If you don't have the time or budget to overhaul your kitchen, don't panic. If you have nice wood cabinets, consider adding a coat of paint to freshen them up. You can also add new hardware (knobs, handles or pulls) ...