The hidden costs of buying a home (and how to avoid nasty surprises)

Buying a house in New Zealand? Don’t get caught out by hidden costs.In this episode of Ask the Experts, we reveal the true cost of buying a home, beyond the sale price.From legal fees to building inspections or surprise repair bills, these are the extra expenses that can seriously derail your property plans if you’re not prepared.We break down the most common hidden costs that first home buyers overlook, how much they typically add up to, and smart ways to avoid nasty financial surprises.Whether you're buying your first home or upgrading to your next one, this is essential listening to help you protect your deposit, manage your budget, and avoid costly mistakes.Tune in for a chat between Frances Cook and Vanessa Williams from realestate.co.nz, on:Legal fees and how to reduce themWhat building inspections actually costWhether you need to test for meth or asbestosRed flags in older homes that could cost you thousandsHow much extra cash to have on hand before going unconditionalBuying property is stressful enough, so don’t let hidden costs make it worse. Listen now so you can go into your next home purchase fully informed and confident.LinksFollow Frances Cook on Facebook, Instagram and TikTok, or join the Money Memo newsletter for a free weekly money tip in your inbox each week.