lifetime home maintenance costs

New Synchrony Study Finds Homeowners Underestimate Lifetime Home Maintenance and Repair Costs by More Than $250,000 — Photo b

7 Maintenance and Repair Myths First‑Time Buyers Overlook

7 Maintenance and Repair Myths First-Time Buyers Overlook First-time buyers often believe their home will be low-maintenance, but a Synchrony study shows they underestimate lifetime repair costs by $250,000. This gap leads to surprise expenses that can derail a mortgage plan if not addressed early. Financial Disclaimer: This article

maintenance & repair services

5 Hidden Maintenance and Repair Costs First‑Time Buyers Face

The Synchrony 2024 report shows first-time homeowners face more than $250,000 in hidden repair bills over a 30-year home life. These costs can add up to an 18% hit on average net worth, making budgeting essential for new buyers. Financial Disclaimer: This article is for educational purposes only and