5 Expenses Homeowners Pay That Renters Don't: A Guide for Houston, Texas Homebuyers

Description: Homeownership comes with the responsibility of maintaining and repairing your home. This can include anything from repairing a faucet to refurnishing the floors. The cost of home maintenance and repairs can vary depending on the age and condition of your home. When you rent a home or apartment, most maintenance and repair issues are handled by the landlord or property management company. When you buy or sell a home, you'll need to hire a real estate agent. The realtor’s commission is typically 5-6% of the sale price of the home. This fee is paid by the seller, but it's important to factor it into your budget when you're considering buying a home.