Buying a home isn't just about qualifying for a mortgage.

Many buyers focus on the monthly payment—but that's only part of the story. Between the down payment, closing costs, inspections, maintenance, utilities, insurance, HOA dues, and future repairs, the true cost of homeownership is often much higher than people expect.

In this episode of RE radar, Nathan Mathisen breaks down what it actually costs to buy and own a home so you can make informed decisions and avoid costly surprises after closing.

Topics Covered: 🏡 Down payments and upfront cash requirements 💰 Closing costs explained 🔍 Home inspections, sewer scopes, and appraisals 📈 What makes up your monthly housing payment 🛡️ Property taxes, homeowners insurance, and PMI 🏢 HOA fees for condos and townhomes 🔧 The real cost of home maintenance and repairs ⚡ Utilities and ongoing ownership expenses 🛋️ Furniture, upgrades, and hidden homeowner spending 📊 How to determine what you can comfortably afford

One of the biggest mistakes homebuyers make is focusing solely on whether they can qualify for a home. The better question is whether they can comfortably afford the entire ownership experience.

Homeownership can be an incredible wealth-building tool and provide long-term stability, but it's important to understand the full financial picture before making the leap.

If you're considering buying a home in Seattle, Washington, or anywhere else, this episode will help you understand the costs that often get overlooked.

🎙️ RE radar with Nathan Mathisen 🏠 Realtor | John L. Scott Real Estate 📍 Seattle, Washington

Subscribe for: • Home buying education • Seattle real estate insights • Washington housing market updates • Homeownership tips • Real estate investing and strategy

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