Buying guide
8 hidden costs of buying a house in NZ
Read this and buy with your eyes (and your wallet) open
AI summary
Buying a house in NZ involves significant costs beyond the purchase price. Before making an offer, budget for due diligence expenses like building inspections (from $400) and LIM reports.
During the purchase process, you'll need to cover lawyer's fees (from $800), house insurance, and potential low equity margins if your deposit is under 20%.
Finally, remember to account for post-purchase costs such as moving and any immediate repairs, ensuring you are financially prepared for homeownership.
Extra costs to consider when buying a house
House hunting
There may be additional costs for buying an apartment.
Purchase costs
Moving isn't free!
Moving in
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